Mullen Announces Successful 2023 Commercial Drive Event
Mullen Automotive (NASDAQ:MULN) announced today a successful 2023 commercial drive event at the Kay Bailey Hutchison Convention Center in Dallas, Texas.
The company stock is up more than +6% on Thursday.
Shares of Mullen Automotive have dropped below Nasdaq’s minimum bid requirement of $1 again, just 10 consecutive days after its 1-for-25 reverse stock split.
Today Mullen automotive announced the successful completion of its inaugural participation at the Government Fleet Expo and Conference (“GFX”), the largest annual conference for public fleets in the nation.
The 2023 GFX was held from May 22 – 25 at the Kay Bailey Hutchison Convention Center in Dallas, Texas. Mullen showcased its commercial EVs, the Mullen ONE, all-electric Class 1 Cargo Van, and Mullen THREE, all-electric Class 3 Cab Chassis Truck.
Event participants had the opportunity to meet with technology, sales and product marketing team members from Mullen to discuss their fleet needs and sign up for a vehicle demo.
Mullen also had its first commercial drive event at GFX’s Block Party Ride and Drive on May 22.
The Block Party was a mix of ride and drives, hands-on overview, and a technology showcase. Participants were able to engage with Mullen’s commercial team and test drive Mullen’s commercial product.
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Official Statements from Mullen Automotive
“The expo was a great opportunity to engage with fleet customers and enable them to drive our commercial products.
Test drives and pilots are a critical step in the customer evaluation process,” said John Schwegman, Mullen’s chief commercial officer.
“Mullen has already been at several commercial expos and events so far this year with many more lined up over the following months where people have the opportunity to speak with the Mullen team and sign up for a pilot or demo,” said David Michery, CEO and chairman of Mullen Automotive.
“Our objective with these events is to provide fleet managers all over the U.S. the ability to check out and test our commercial vehicles firsthand to see the incredible value we offer.”
Mullen Commercial will be showcasing next at the Electric Utility Fleet Managers Conference (“EUFMC”) from June 4 – 7, 2023, in Williamsburg, Virginia.
EUFMC is an educational conference attended by representatives of fleets from across the U.S. and Canada that operate, manage and maintain utility equipment.
The company has done an outstanding job of showcasing their vehicles.
However, critics emphasize Mullen’s success will be determined by the actual production and sales of these EV products.
Related: Mullen Awarded Green Truck of The Year Alongside Tesla
Latest Mullen Automotive News
Mullen Automotive has entered a new partnership with Amerit Fleet Solutions, a service and warranty provider for vehicle fleet programs with over 1,800 service professionals.
The company announced today Amerit Fleet Solutions as the provider for national service and warranty work, supporting Mullen’s commercial vehicle lineup, including the Mullen CAMPUS – EV Cargo Van, the Mullen ONE – Class 1 EV Van and the Mullen THREE – Class 3 EV Cab Chassis Truck programs.
Amerit will provide national fleet service and warranty repair work for the Mullen CAMPUS EV Van, the Mullen ONE, which is a Class 1 EV Cargo Van, and the Mullen THREE, which is a Class 3 EV Cab Chassis Truck.
Prior to program launch, Amerit will be working closely with the Mullen commercial product team and vehicle technicians in Troy, Michigan, and Tunica, Mississippi, to train on Mullen’s commercial vehicles, establishing servicing protocols and requirements.
“Amerit has over 1,800 highly trained vehicle service technicians across the U.S., and we have built our business and reputation on providing stellar servicing across many different fleet and commercial vehicle programs,” said Dan Williams, CEO of Amerit.
“We look forward to providing Mullen and their fleet customers with the same high level of service and commitment.”
“We are confident that Amerit is a great fit and provider for servicing our commercial vehicles,” said John Schwegman, chief commercial officer of Mullen Automotive.
“Every strategic initiative has been put in place to ensure the viability for our Class 1 and Class 3, from sales, service, warranty and overall vehicle support.
Amerit is a well-established national provider of fleet service and warranty work,” said David Michery, CEO and chairman of Mullen Automotive.
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