BREA, Calif. - Mullen Automotive, Inc. (NASDAQ: NASDAQ:MULN), an emerging manufacturer of electric vehicles (EVs), is progressing towards selling its Class 1 EV cargo vans to various U.S. government branches. The company, in collaboration with Rapid Response Defense Systems (RRDS), recently received advice from the U.S. Customs and Border Protection (CBP) to proceed with the U.S. General Services Administration (GSA) for final qualification.
The move comes after the CBP informed RRDS on March 5, 2024, that the GSA must issue a final determination on their ruling request. David Michery, CEO and chairman of Mullen Automotive, stated that the company is poised to support the U.S. government's initiative to transition to an electric fleet.
Mullen Automotive has been expanding its EV portfolio, which includes the Mullen FIVE EV Crossover and the Mullen-GO Commercial Urban Delivery EV. The company also acquired a majority stake in Bollinger Motors, adding electric SUV trucks and commercial EVs to its lineup.
The company's growth strategy was further bolstered by the acquisition of Electric Last Mile Solutions' (ELMS) assets on December 1, 2022, which included intellectual property and a manufacturing plant in Mishawaka, Indiana.
This development is part of a broader push by the U.S. government to electrify its vehicle fleet, an initiative that presents opportunities for EV manufacturers like Mullen Automotive. The outcome of Mullen and RRDS's application with the GSA remains a significant step for the company as it aims to secure a foothold in the government sector.
The information reported is based on a press release statement from Mullen Automotive.
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