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$MULN Bollinger Motors Teams Up with Wabash to Develop New Body on Electric Chassis

Mullen Automotive (NASDAQ: MULN), through its recent majority acquisition, Bollinger Motors Inc., is partnering with Wabash, a leading truck body and trailer manufacturer. The partnership will focus on developing a stronger, lighter, refrigerated truck body on an electric chassis. The plan is to seamlessly integrate Bollinger’s Class 4 electric chassis cab with Wabash’s lightweight composite technology, EcoNex(TM), which will be used in truck bodies and trailers. According to the announcement, the exclusive EcoNex technology’s composite material is lighter and more durable and thermally efficient than other commercial products. With that in mind, the new offering will feature weight savings because of Wabash’s lightweight EcoNex composite technology, electrification of customer fleets utilizing Bollinger’s all-electric chassis cab, increased total payload capacity, breakthrough improvement in thermal efficiency and overall cost savings. A Wabash representative noted that the all-electric truck will be highly efficient with more uptime and less charging compared to conventional construction. “I’m excited to help ‘green up’ the journey from farm to table,” said Bollinger Motors founder and CEO Robert Bollinger in the press release. “We’re confident Wabash’s expertise in commercial transportation, combined with Bollinger’s leadership in Class 4 electrification, will deliver a superior product for customers looking to reduce their carbon footprints.”

To view the full press release, visit https://ibn.fm/7LeDg

About Mullen Automotive Inc.

Mullen Automotive is a southern California-based automotive company building the next-generation of premium electric vehicles (EVs) that are affordable and built entirely in the United States. With an end-to-end ecosystem that supports owners from test driving to financing and servicing through a unique hybrid dealership model, customers are supported through every aspect of EV ownership. The Mullen FIVE, the company’s first electric crossover, is slated for delivery in 2024 and features an award-winning design and its patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

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Wednesday, September 21st, 2022 News