Mullen Automotive (NASDAQ:MULN) announced on Monday that it will begin a new pilot program at Harrah’s Casino.
The announcement comes after a previously announced pilot program in New York.
Mullen and the Shoshoni tribe have agreed to a pilot program that will evaluate the Mullen Class 1 cargo vans and campus EVs in several use cases across Harrah’s daily operations.
The collaboration between Mullen and the Shoshoni tribe represents a step towards a greener future and serves as a model for other organizations and communities to follow.
This partnership brings numerous benefits, from economic opportunities to community engagement, and aligns with the tribe’s global efforts to mitigate climate change and protect the environment by promoting clean energy alternatives.
By using the Mullen ONE and Mullen CAMPUS EVs, the Shoshoni tribe is demonstrating its commitment to sustainability and environmental consciousness, stated the press release.
“Our tribe’s vision to transition to electric-powered vehicles and sustain green initiatives is in line with the National EV Initiative for Tribal Nations,” said Chief William Bills, the CEO and president of the Shoshoni tribe.
“The collaboration between the Shoshoni tribe and Mullen aligns with the national initiative and serves as a powerful example for other tribal nations to follow.
By showcasing the successful integration of electric vehicles into our operations, the Shoshoni tribe can inspire and encourage other tribes to explore sustainable transportation options.”
The National EV Initiative for Tribal Nations recognizes the unique position of tribal communities to lead in sustainable transportation solutions, and it aims to promote the adoption of electric vehicles within tribal communities across the United States.
By transitioning to electric vehicles, tribes can reduce their carbon footprint, improve air quality and promote energy independence.
The initiative offers support, resources and technical assistance to tribal nations in their efforts to deploy electric vehicles and establish charging infrastructure.
“The Shoshoni tribe is committed to a greener future, and we need more communities to follow their lead,” said David Michery, CEO and chairman of Mullen Automotive.
“With each commercial pilot program and subsequent orders, we gather valuable feedback and data on the performance of the Mullen EVs, which is utilized to improve our vehicles further.”
Mullen shares have fallen below $0.15 again and are currently down more than -16% in the past five trading days.
MULN stock is down more than -98% this year-to-date despite several positive developments.
The company has opened an investigation into what they believe is to be the manipulation and illegal short selling of its stock.
“Since our announcement on April 28, we have been actively investigating naked short selling and we now have enough intel to have the law firm actively investigate and, where justified, take action against any market manipulators using naked short selling, spoofing or other illegal acts,” stated David Michery, CEO and chairman of Mullen Automotive, Inc.
Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist.
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