Mullen Automotive (NASDAQ:MULN) announced on Wednesday that it has partnered with NRTC Automation for Class 3 assembly and production.
The Class 3 EV truck is scheduled to begin production sometime in July of this year at Mullen’s Manufacturing Center in Tunica, Mississippi.
Mullen’s manufacturing group has partnered with NRTC Automation (“NRTC”) out of Birmingham, Alabama, for Class 3 assembly line installation and integration, which includes all robotics and automation systems for vehicle production.
Recent capital expenditures in Tunica include addition of Automated Guided Vehicles to transport vehicles through assembly stations in the plant, installation of robotics, water test booth and end-of-line diagnostics.
NRTC will support Mullen’s Class 3 operation through launch and also provide ongoing support of the production as Mullen ramps up to meet the full market demand from its commercial customers.
The headcount at the Tunica facility has grown steadily in anticipation of vehicle production. Mullen recently announced the hiring of an additional 35 plant staff to support production start of the Class 3 vehicle program.
“Finalizing the infrastructure and capital assets to support the operation on time is a critical task,” said John Taylor, SVP of global manufacturing operations for Mullen Automotive. “I have been through many start-ups, and the support that we have received from NRTC to-date has been extraordinary.”
Mike Vagi, president of NRTC Automation, said, “Working with Mullen’s team from the beginning of this project, and to be a key team member responsible to bring the Mullen THREE to market is a role that we take very seriously.”
“It’s gratifying to see our Class 3 vehicle production line coming together in Tunica and even more validating to know we will have vehicles coming off the line and delivered to customers later this summer,” said David Michery, CEO and chairman of Mullen Automotive.
Mullen’s Commercial Manufacturing Center is located in Tunica, Mississippi, and is in close proximity to all major rail lines, interstates, Mississippi river systems, and air logistics, placing it in a primary logistical center of North America.
Other Mullen Automotive News and Updates
Global EV Technology founder Lawrence Hardge has provided shareholders with a new update on the Mullen Saudi deal.
Hardge said Mullen Automotive has a $10 billion contract with Saudi Arabia early in May via Facebook live.
“This is not what somebody said or what you heard, this is reality.
$10 billion contract with Saudi Arabia.
And more to come … Mullen and Lawrence Hardge are here to assist them, they have countries like Yemen, Israel, all of them have joined in to take this technology, and they’re going to produce it in Saudi Arabia and they’re also paying for a manufacturing plant to come to Michigan.
That’s in black and white.
So, the SEC if you’re watching, that’s already agreed upon.”
Mullen Automotive has not officially confirmed the $10bn contract with Saudi Arabia, but investors are sharing Lawrence’s latest update on the Mullen Saudi deal on social media.
“Time to shut these naysayers down.
Representatives from my team have been in Saudi since last week Friday working on binging the Saudi Deal to fruition.
I represent facts, this is my story behind it.”
Lawrence recently deleted his post which begs the question whether this was leaked or confidential information.
Related: Analyst Predicts a MULN Short Squeeze This Week
Market News Published Daily
For stock market, business news and updates, join the newsletter to receive weekly market news and notifications straight to your inbox.
Franknez.com is the media site that keeps retail investors informed.
You can also follow Frank Nez on Twitter, Instagram, Facebook, or LinkedIn for daily posts.
You can now read exclusive FrankNez articles for only $1/mo.
- Gain access to EXCLUSIVE FrankNez articles you won’t find here.
- Become part of a private and safe Discord community, just for retail investors.
- Get drawn at the end of the year for holiday giveaways.
Leave your thoughts below.