Mullen Will Now Start New EV Tour This August

Market News Daily - Mullen Will Now Start New EV Tour This August.
Market News Daily – Mullen Will Now Start New EV Tour This August.

Mullen Automotive (NASDAQ:MULN) announced on Monday that it will now start a new EV tour this coming August for its multiple lineup EVs.

The company will commence the beginning of the 2023 “Strikingly Different” EV Tour, on Aug. 20 in Austin, Texas.

The following EVs will be featured in the tour:

  • Mullen FIVE EV Crossover
  • Mullen FIVE RS High-Performance Sport EV Crossover
  • Mullen GT High-Performance Electric Sports Car
  • Mullen ONE Class 1 Commercial EV Cargo Van
  • Mullen THREE Class 3 Commercial Low Cab Forward
  • Bollinger B2 Electric Pickup Truck

The tour will commence late summer on Aug. 20, 2023, and continue through November 2023, and will cover the East Coast, Midwest and Northwest before finishing up in California. Initial announced locations include:

  • Austin, TX – Aug. 20 & 21 at Circuit of Americas
  • New Orleans, LA – Aug. 29 & 30 at NOLA Motorsports Park
  • Washington, D.C and Philadelphia, PA – Sept. 18 & 19 at Dover Motor Speedway
  • Las Vegas, NV – Oct. 31 & Nov. 1 at Las Vegas Motor Speedway
  • Additional tour stops on East Coast, Midwest, Northwest and West Coast to be announced soon

“Like last year, Mullen FIVE reservation holders and investors will have the priority to secure a spot on the upcoming tour; however, Mullen anticipates being able to accommodate all interested participants due to more vehicles and tour stops in 2023. Further locations and details on how to register can be accessed here.

MULN stock rose +1.35% on Monday to $0.1945.

Shares are up more than +78% in the past five trading days following the announcements of a $25 million buyback program, as well as the continued investigation of ‘naked short selling’ activity.

Official Statements

Market News Daily - Mullen Will Now Start New EV Tour This August.
Market News Daily – Mullen Will Now Start New EV Tour This August.

“This year on tour, the public will have the opportunity to experience Mullen’s commercial and retail EV lineup, interact with some of the partners Mullen is closely working with, as well as check out the latest electric vehicle technology that the Company has been working on including PERSONA.

AI-powered PERSONA is Mullen’s proprietary advanced facial recognition technology, which bridges the gap between driver and vehicle by personalizing the overall vehicle experience.

PERSONA was first consumer tested on the Mullen FIVE EV Crossover during the 2022 “Strikingly Different” U.S. Tour.

Firsthand feedback and survey data from the tour were extremely positive, with a majority of the participants indicating that PERSONA was a unique technology and concept they could see themselves using.

Based on the positive feedback from last year’s tour, Mullen recently announced that it would be integrating PERSONA into its overall commercial and consumer vehicle lineups.

“After the incredible success we had last year with the tour, we obviously had to make it bigger this year by covering more stops and featuring more vehicles,” said David Michery, CEO and chairman of Mullen Automotive.

“One of the more exciting highlights of this year’s tour has to be the ultra-high-performance Mullen FIVE RS, which we have been working on for a while to compete with some of the best and most well-known and regarded automotive marquees.”

The Mullen FIVE RS is an ultra-high-performance EV that will feature a top speed of over 200 mph and acceleration from 0-60 mph in just 1.95 seconds.

The vehicle will be equipped with 800-volt architecture, all-wheel drive, a two-speed gearbox, and over 1,100 horsepower.”

Also Read: MULN Short Interest is Now Setting a New High Record

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Market News Today - Mullen Will Now Start New EV Tour This August.
Market News Today – Mullen Will Now Start New EV Tour This August.

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