Mullen to Launch First Fully Functional Demonstrator FIVE EV Crossover Vehicles in October 2022

Mullen and hofer powertrain, a leading German powertrain company, have been jointly working on developing Mullen’s first fully functional, demonstrator FIVE EV Crossover vehicles. (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that the first fully functional demonstrator vehicles of the Mullen FIVE EV Crossover will begin arriving this October. Mullen and hofer powertrain have been jointly developing the upcoming fully functional, demonstrator FIVE EV Crossover vehicles. The future Mullen FIVE RS High-Performance version will feature 0-60 mph in 1.95 seconds and a top speed of over 200 mph. "We are thrilled to launch the first fully functional, demonstrator FIVE EV Crossover vehicles this October,” said David Michery, CEO and chairman of Mullen Automotive.