RE: Relationships and Mullen
Pilot Programs and High Demand Very Encouraging;
Menzies - "Menzies Completes Successful LAX Pilot Program of Mullen Class 1 EV Cargo and Passenger Vans"
Shoshone Tribe/Harrah's Casinos,
RRDS (Potential Growth in Demand from Government/Military),
Universities - "EV cargo vans delivered to University of North Carolina at Charlotte on March 29, 2023, with vehicle orders fulfilled through Randy Marion Automotive, a distributor of Mullen’s commercial EVs. Initial order is for seven vehicles, with subsequent future deliveries expected across UNC’s 16 campuses over the next 12 months"
Newgate - 30 Unit Purchase Order of the "Mullen-GO", EstimatedValue of the Booked Order is Over $300K. Mullen and Newgate have previously announced plans for up to 500 vehicles per year (Mullen Press Release. July 17, 2023)
Randy Marion - "The $308,000 is the company’s first recorded revenue and is being recognized in the quarter ending June 30, 2023" (for Mullen Automotive)
Mullen Announces $15,755,000 Vehicle Purchase Agreement with MGT Lease Company for 250 Class 3 Commercial EV Trucks (Press Release, May 11, 2023)
And MORE!
Great Job Mullen!!!
Best Wishes
Gratzi
Bullish