BREA, Calif. – Mullen Automotive, Inc. (NASDAQ: MULN), an electric vehicle (EV) manufacturer, has secured a new order from Papé Truck for 43 Class 3 EV trucks and 7 Class 1 EV cargo vans. The total purchase, valued at $3.2 million, will see vehicle deliveries commence immediately.
The vehicles ordered include Class 3 configurations like stake body models, a Morgan box truck with a side door, and service bodies from Knapheide. The order also covers parts supply for both Class 1 and Class 3 vehicles to ensure quick warranty service and repairs.
Papé recently joined Mullen’s dealer network, becoming the seventh commercial EV dealer to partner with the company. With 30 commercial sales and service locations across the Western U.S., Papé is poised to significantly expand the reach of Mullen’s electric vehicles.
“Papé is a well-respected commercial dealer with locations in key West Coast markets,” said David Michery, CEO and chairman of Mullen Automotive. “Papé’s expertise and reach will play a crucial role in establishing new Mullen customers across the U.S.”
Papé Kenworth, a part of The Papé Group, offers a comprehensive parts inventory and service departments, emphasizing reliable trucking solutions. The partnership is a critical step as demand for zero-emission trucks increases due to evolving regulations.
Mullen’s commercial EV lineup includes the Mullen ONE, a Class 1 EV cargo van, and the Mullen THREE, a Class 3 EV cab chassis truck. Both vehicles are fully compliant with U.S. Federal Motor Vehicle Safety Standards, EPA, and CARB certifications.
The Mullen THREE has been approved for a $15,000 incentive through the Massachusetts MOR-EV program, and a $45,000 cash rebate voucher through the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Program (HVIP). The Mullen ONE is also eligible for the MOR-EV program, with a $3,500 rebate in Massachusetts. Combined with the $7,500 Federal Tax Incentive, these programs provide substantial savings for commercial fleet customers.
About Mullen Automotive
Mullen Automotive is a Southern California-based automotive company focused on the next generation of commercial electric vehicles. The company operates vehicle plants in Tunica, Mississippi, and Mishawaka, Indiana. In August 2023, commercial vehicle production began in Tunica, and IRS approval for federal EV tax credits was received in September 2023.
As of January 2024, both the Mullen ONE and Mullen THREE are CARB and EPA certified and available for sale in the U.S. The company has also expanded its commercial dealer network to seven dealers, including the addition of Papé Kenworth.
Forward-Looking Statements
This article contains forward-looking statements. Investors are cautioned that actual results may differ materially from these statements due to various risks and uncertainties. Mullen assumes no obligation to update these statements.
