Breaking #EV #Stock News:
Overwhelmingly Positive Reactions Pour in From First Leg of Mullen Automotive's
(NASDAQ: $MULN) 'Strikingly Different' FIVE EV Crossover Tour; @Mullen_USA
Mullen's first stop in Pasadena, California, for
the FIVE EV Crossover Tour was a tremendous success with overwhelming positive
feedback from the general public, FIVE reservation holders and Mullen
investors. Next stop is Anaheim, California
BREA, Calif. - October 31, 2022
(Investorideas.com Newswire) Mullen Automotive, Inc. (NASDAQ: MULN)
("Mullen" or the "Company"), an emerging electric vehicle
("EV") manufacturer, announces today that the Mullen FIVE has
received overwhelmingly positive reactions from members of the public,
reservation holders and Mullen investors who were able to ride in the vehicle
for the very first time on the "Strikingly Different" tour which
kicked off last week in Pasadena, California.
Read this news, feauring MULN in full
at https://www.investorideas.com/CO/MULN/news/2022/10311Positive-Reaction-FIVE-EV-Crossover-Tour.asp
Mullen FIVE EV Crossover "Strikingly Different" U.S. Tour
This follows news just released from
the California
Governor's office that 17.7% of all new cars sold in California
are zero-emission vehicles ("ZEVs"), according to the California
Energy Commission. The ZEV share of sales is up 42.7% from 2021 and 126.9% from
2020.
Participants at the tour stop were
highly impressed by the vehicle and the updated infotainment system featuring
PERSONA, which is Mullen's proprietary Personal Vehicle Assistant technology.
PERSONA, featuring facial recognition technology, is designed to provide every
driver with a highly personalized experience in the Mullen FIVE.
Feedback from some of the tour
participants is highlighted below. These reviews can also be viewed on Mullen's
YouTube channel found here:
- "I can't imagine how the RS is going to
be, it's going to be phenomenal. Regen (regenerative braking) felt solid,
it strikes that battery right back and slows the car down .... That
infotainment is killer; I love the way it looks, the sleekness of that,
how it's situated on the dash. It's crystal clear and brilliant, a lot of
information going on there. It's going to be a great car."
- "Very impressive, it rides so smooth. I
also really like the dash."
- "I really enjoyed the car, I enjoyed how
it was appointed inside. I compared it to some other electric cars I've
been in and I didn't see as much body roll when going around the corners.
It appears to be more like a driving experience."
- "Just looking at the vehicle
aesthetically, the design is beautiful. The physical quality Is
great."
Due to high demand and limited
seating on tour, Mullen is currently working with a film crew to produce a
short film that will allow those unable to attend in person an opportunity to
experience the FIVE.
Mullen's next stop is on Nov. 1 and 2
at the Angel Stadium in Anaheim, California, which was recently included as an
additional stop due to overwhelming interest. From there, Mullen Automotive
takes the "Strikingly Different" Tour to Las Vegas, Nevada, on Nov.
10 and 11.
For the remainder of 2022, Mullen
will continue the "Strikingly Different" Tour in the following cities
with exact dates, locations and times announced on or before Nov. 1, 2022.
Please visit MullenUSA.com to
learn more about the upcoming Mullen FIVE "Strikingly Different"
Tour.
November 2022
Las Vegas, NV - Nov. 10 & 11 @ Las Vegas Speedway
Dallas, Texas - Nov. 14 & 15 @ Globe Life Field
Houston, Texas Nov. 18 & 19 @ Minute Maid Park
December 2022
Memphis, Tennessee - To be announced
Miami, Florida - Dec. 5 & 6 @ loanDepot park
Atlanta, Georgia - To be announced
Charlotte, North Carolina - To be announced
In Spring 2023, Mullen will launch
the second leg of the "Strikingly Different" Tour with a focus on the
East Coast, Midwest and northwest before finishing up in northern California.
The second leg of the tour will feature the Mullen FIVE RS, which is a high-performance
EV sport crossover featuring 1,100 horsepower, a top speed of 200 mph, and
acceleration from 0-60 mph in just 1.9 seconds.
Mullen is offering "front
row" FIVE reservation holders the first chance to experience the Mullen
FIVE in person on the "Strikingly Different" U.S. tour beginning this
fall. Mullen asks interested individuals who have not already done so to book
their FIVE reservations here in
order to secure a priority spot on the upcoming national tour. Further details
and upcoming progress will be shared on Mullen's social media platforms and
with individuals who opt to stay connected here.
About Mullen:
Mullen Automotive is a Southern
California-based automotive company building the next generation of premium
electric vehicles (EVs) that are affordable and built entirely in the United
States. With an end-to-end ecosystem that supports owners from test driving to
financing and servicing through a unique hybrid dealership model, customers are
supported through every aspect of EV ownership. The Mullen FIVE, the Company's
first electric crossover, is slated for delivery in 2024 and features an
award-winning design and its patented PERSONA technology that utilizes facial
recognition to personalize the driving experience for every individual. To
learn more about the company, visit www.MullenUSA.com.
Forward-Looking Statements
Certain statements in this press
release that are not historical facts are forward-looking statements within the
meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any
statements contained in this press release that are not statements of
historical fact may be deemed forward-looking statements. Words such as
"continue," "will," "may," "could,"
"should," "expect," "expected,"
"plans," "intend," "anticipate," "believe,"
"estimate," "predict," "potential" and similar
expressions are intended to identify such forward-looking statements. All
forward-looking statements involve significant risks and uncertainties that
could cause actual results to differ materially from those expressed or implied
in the forward-looking statements, many of which are generally outside the
control of Mullen and are difficult to predict. Examples of such risks and
uncertainties include but are not limited to whether the reservations received
for any vehicles will result in actual sales, whether the PERSONA system, the
Mullen FIVE and the Mullen FIVE RS will perform as contemplated, whether high
demand and interest in the vehicle will continue, whether the short film
demonstrating the vehicle and its features will materialize and whether the
contemplated dates, locations and times of the “Strikingly Different” Tour,
proposed second leg of the tour featuring the Mullen FIVE RS and any other
contemplated Mullen vehicle demonstrator tours will materialize and if so,
whether they will prove successful for the Company. Additional examples of such
risks and uncertainties include but are not limited to; (i) Mullen's ability
(or inability) to obtain additional financing in sufficient amounts or on
acceptable terms when needed; (ii) Mullen's ability to maintain existing, and
secure additional, contracts with manufacturers, parts and other service
providers relating to its business; (iii) Mullen's ability to successfully
expand in existing markets and enter new markets; (iv) Mullen's ability to
successfully manage and integrate any acquisitions of businesses, solutions or
technologies; (v) unanticipated operating costs, transaction costs and actual
or contingent liabilities; (vi) the ability to attract and retain qualified
employees and key personnel; (ix) adverse effects of increased competition on Mullen's
business; (vii) changes in government licensing and regulation that may
adversely affect Mullen's business; (viii) the risk that changes in consumer
behavior could adversely affect Mullen's business; (ix) Mullen's ability to
protect its intellectual property; and (x) local, industry and general business
and economic conditions. Additional factors that could cause actual results to
differ materially from those expressed or implied in the forward-looking
statements can be found in the most recent annual report on Form 10-K,
quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen
with the Securities and Exchange Commission. Mullen anticipates that subsequent
events and developments may cause its plans, intentions and expectations to
change. Mullen assumes no obligation, and it specifically disclaims any
intention or obligation, to update any forward-looking statements, whether as a
result of new information, future events or otherwise, except as expressly
required by law. Forward-looking statements speak only as of the date they are
made and should not be relied upon as representing Mullen's plans and
expectations as of any subsequent date.
Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com
Mullen
Automotive, Inc. (OTCQB:MULN)
is a featured EV stock on
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