Mullen Announces Development of Light-Weight EV Truck Body with Phenix Truck Bodies & Van Equipment of Southern California

(NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today the development of a light-weight truck body for its Class 3 EV with Phenix Truck Bodies & Van Equipment (“Phenix”). Upon upfit completion, the Class 3 vehicle will be made available to Phenix commercial fleet customers for evaluation and pilot programs. Phenix Truck Bodies & Van Equipment, based in Southern California, is one of California's largest work truck, van equipment and specialty truck body manufacturers. Mullen's EV development portfolio includes the Mullen FIVE EV Crossover, Mullen I-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. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements.