Mullen Automotive (NASDAQ:MULN) is currently testing new technology in Washington, D.C.
Earlier this week, Mullen announced that it is working on its $680,000 federal contract agreement with the District of Columbia.
The contract is for the purchase and installation of Energy Management Module units on Chevrolet Bolts within the D.C. city government’s vehicle fleet.
Previous testing indicates that Energy Management Module (“EMM”) technology substantially increases the driving range and efficiency of any current EV battery.
In March 2021, Element Materials Technology conducted specific vehicle testing on 2020 Chevy Bolts installed with EMM units with test results being a calculated increase in range from 269 to 431 miles, which is a 60% increase in efficiency.
“We have tested EMM technology in various vehicle applications and have repeatedly seen significant improvements in range.
I am extremely pleased to partner with Mullen for the commercialization and global availability of the EMM technology,” said Lawrence Hardge, CEO of Global EVT.
Mullen Commences Dyno Testing and Road Testing in D.C
“Back in the nation’s capital today at DC Public Works’ Fleet facility. 40 high-usage Chevy Bolts belonging to the city of DC are going through our Energy Management Module (EMM) installation process:
Dyno testing > EMM install > Road test > Dyno retest > Back into service fleet,” said the company on Twitter.
“Washington DC’s city government #EVFleet is the first customer for Energy Management Module (EMM) field application.
Mullen and EV Technologies engineers are onsite for vehicle installation and dyno testing.”
Mullen Automotive stock is currently down 10% today, trading at $0.077.
Shares are down more than 75% this year-to-date.
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