Mullen Announces 1,000-Vehicle Order Received from Randy Marion Automotive Group for Class 3 EV Cab Chassis Trucks

(NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces a 1,000-vehicle order for the Mullen THREE, a Class 3 low cab forward ("LCF") EV truck. The purchase order is valued at $63 million and is between Randy Marion Isuzu, LLC, a member of the Randy Marion Automotive Group, and Mullen Automotive. Mullen's commercial EV lineup includes Class 1 cargo vans and Class 3 cab chassis offerings and Bollinger Motors Class 4-6 chassis products. Mullen's commercial vehicle lineup will be manufactured out of the Advanced Manufacturing and Engineering Center ("AMEC"), located just outside Tunica, Mississippi. Mullen's EV development portfolio includes the Mullen FIVE EV Crossover, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and Class 4-6 commercial offerings.