Mullen Advanced Energy Operations Announces Major Energy Advancement

BREA, Calif., April 20, 2023– via InvestorWire – Mullen Automotive, Inc . (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces test results of its recently acquired joint venture technology, greatly improving current EV performance by increasing EV vehicle range. Element Materials Technology test results indicate that the Energy Management Module (“EMM”) technology substantially increases the driving range and efficiency of any current EV battery. EMM technology was also tested by Mullen Automotive engineers on the Company’s Class 1 EV Cargo Van at its Troy, Michigan, facility. “Mullen Advanced Energy Operations plans on licensing this technology to anyone who uses an electric vehicle.”Previous testing includes EV range increases of 60-70%.