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Mullen Automotive | 8-K: The Mullen THREE, Class 3 EV Truck Now CARB Certified and Ready for Sale in All CARB States and District of Columbia

SEC announcement ·  Jan 29 10:03
Summary by Moomoo AI
On January 29, 2024, Mullen Automotive Inc., an emerging electric vehicle manufacturer, announced that it has received California Air Resources Board (CARB) certification for its all-electric Class 3 low cab forward chassis truck. This certification allows the Mullen THREE EV truck to be sold in the District of Columbia and the 14 states that have adopted CARB vehicle standards, which are more stringent than federal EPA regulations. The Mullen ONE and THREE are now both CARB and EPA certified, making them compliant with U.S. Federal Motor Vehicle Safety Standards and eligible for sale across the United States. The CARB certification also makes these vehicles eligible for state EV incentive programs, such as California's HVIP project, which could significantly reduce the net...Show More
On January 29, 2024, Mullen Automotive Inc., an emerging electric vehicle manufacturer, announced that it has received California Air Resources Board (CARB) certification for its all-electric Class 3 low cab forward chassis truck. This certification allows the Mullen THREE EV truck to be sold in the District of Columbia and the 14 states that have adopted CARB vehicle standards, which are more stringent than federal EPA regulations. The Mullen ONE and THREE are now both CARB and EPA certified, making them compliant with U.S. Federal Motor Vehicle Safety Standards and eligible for sale across the United States. The CARB certification also makes these vehicles eligible for state EV incentive programs, such as California's HVIP project, which could significantly reduce the net cost of the Mullen THREE to less than $20,000 after rebates and federal tax credits. The company's CEO, David Michery, expressed that the CARB approval will accelerate the commercialization of the Mullen THREE and enhance its appeal to customers looking to electrify their fleets. Mullen Automotive's portfolio includes a range of electric vehicles and has assembly plants in the United States. The company has recently acquired Bollinger Motors and assets from Electric Last Mile Solutions, expanding its EV development and manufacturing capabilities.

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