Mullen Expands US Battery Operations, Moves to Solid-State Polymer Pack Testing as EV Business Scales

This new Southern California facility is dedicated to producing next-generation American-made EV battery packs, a critical component to the Company’s commitment to zero emissions. Mullen Class 1 EV cargo van to begin road testing solid-state batteries in Q1 2024Mullen ONE, Class 1 EV cargo van with starting price of $34,500, before available EV tax credit. Beginning in December 2023, Mullen will begin calibration of the solid-state polymer (“SSP”) battery BMS for integration into the Class 1 EV cargo van. The Company will begin drivable testing of the solid-state polymer battery packs in the Class 1 EV cargo van in Q1 2024. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements.