Volt Mobility Enters Into $210 Million Contract With Mullen Automotive to Purchase 3,000 Class 1 and Class 3 EV Cargo Vans and Trucks
Volt Mobility Enters Into $210 Million Contract With Mullen Automotive to Purchase 3,000 Class 1 and Class 3 EV Cargo Vans and Trucks
Volt Mobility is Based in The United Arab Emirates
Volt Mobility总部位于阿拉伯联合酋长国
Volt Order Includes 3,000 Mullen ONE's and THREE's Over a 16-Month Period
Volt订购了3000辆Mullen ONE和THREE电动车,为期16个月
Mullen to receive initial $3 million deposit and will begin shipping first vehicles immediately
Mullen将收到首次300万美元的存入资金,并立即开始发货
Volt, a leading UAE-based commercial leasing company with clients including UPS, DHL and FedEx, to purchase 3,000 EV cargo vans and trucks over the next 16 months
Volt是一家领先的总部位于阿联酋的商用租赁公司,客户包括UPS,DHL和联邦快递,计划在未来16个月内购买3000辆新能源货车和卡车
BREA, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announced today that Volt Mobility ("Volt"), based in the United Arab Emirates ("UAE"), has entered into a purchase agreement for approximately $210 million to acquire 3,000 Class 1 and Class 3 EV cargo vans and trucks over a 16-month period. Mullen will receive an initial $3 million deposit within 60 days and additional payments as the vehicles are delivered. The Company will begin shipping the first vehicles immediately.
2024年8月26日加州布雷 (GLOBE NEWSWIRE) -- 经过IBN通讯- Mullen Automotive,Inc(纳斯达克:MULN) ("Mullen"或"公司"),一家电动汽车制造商,今天宣布 Volt Mobility ("Volt"),总部位于阿拉伯联合酋长国 ("UAE"),已签订购买协议,以约21000万美元购买3,000辆1级和3级电动货车,时间为16个月。莫伦将在60天内收到300万美元的首付款,并随着车辆的交付而获得额外的支付。从即日起,该公司将开始运送第一批车辆。
Mullen expects to recognize approximately $210 million in revenue over the next 16 months of the agreement. Volt intends to lease these vehicles to its corporate customers based in the Middle East and Gulf States. Current Volt clients include UPS, DHL and FedEx throughout the Gulf Cooperation Council ("GCC") region, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).
Mullen预计在协议的未来16个月内将认可约2100万美元的营业收入。Volt打算将这些车辆租赁给其位于中东和海湾国家的企业客户。目前的Volt客户包括UPS、DHL和联邦快递,在海湾合作委员会(GCC)地区提供服务,包括巴林、科威特、阿曼、卡塔尔、沙特阿拉伯和阿联酋。
Volt's vehicle order will be assembled at Mullen's Tunica, Mississippi-based Commercial Vehicle Facility, which is capable of producing 20,000 Class 1 and 6,000 Class 3 vehicles annually with two production shifts.
Volt的车辆订单将在位于密西西比州图尼卡的Mullen商用车辆设施组装,该设施每年可生产2万辆1级车和6000辆3级车,每天两个生产班次。
Founded in 2020, Volt quickly established itself as one of the largest and most influential commercial EV leasing companies in the region. Volt's vehicle portfolio includes 17 models with focus on light, medium and heavy-duty electric vehicles. Volt leases vehicles to corporate customers providing first to last-mile delivery for fast moving goods and provides heavy duty trucks for shuttling service across the region, serving clients including large transport businesses under a long-term secured leasing model
成立于2020年,Volt迅速成为该地区最大、最有影响力的商用电动车租赁公司之一。Volt的车辆组合包括17个型号,重点放在轻型、中型和重型电动车上。Volt向企业客户租赁车辆,提供从第一到最后一英里的快速货物运输,以及为地区范围内的搬运服务提供重型卡车,在长期保障租赁模式下为大型运输企业提供服务。
The UAE has identified e-mobility as a priority policy area and is now seven years into an ambitious plan to decarbonize its infrastructure and energy production. The Emirate's Clean Energy Strategy 2050 and Net Zero Carbon Emissions Strategy 2050 seek to generate 100% power from clean energy sources by 2050. Furthermore, Dubai's Roads and Transport Authority ("RTA") has rolled out a long-term strategy to migrate towards net-zero emission public transport by 2050.
阿联酋已将电动交通视为优先政策领域,并已进入一项雄心勃勃的计划的第七年,旨在对其基础设施和能源生产进行脱碳。该酋长国的《清洁能源战略2050》 CE2050和页面。2050年以前实现净零碳排放战略 力争2050年前100%使用清洁能源发电。此外,迪拜交通路网局("RTA")还推出一项长期战略,计划到2050年实现净零排放的公共交通系统。
"At Volt, we don't just follow trends; we set them. Our mission is clear: lead the transformation to sustainable, efficient and cutting-edge transportation," said Sophia Nau, managing director and CFO for Volt Mobility.
"在Volt,我们不仅追随潮流,更是引领潮流。我们的使命很明确:引领可持续、高效和尖端交通的转型,"Volt Mobility的执行董事兼CFO Sophia Nau表示。
"Volt is reshaping the way people and businesses move across the UAE and GCC," said David Michery, CEO and chairman of Mullen Automotive. "This landmark agreement provides Mullen with exposure to leading global transportation companies and the opportunity for utilizing Mullen EVs across the UAE and other areas of the Middle East."
"Volt正在重新塑造人们和企业在阿联酋和海湾合作委员会地区的出行方式,"Mullen Automotive的首席执行官兼主席David Michery表示。"这项具有里程碑意义的协议使Mullen有机会与全球领先的交通公司接触,并有机会在阿联酋和中东其他地区使用Mullen的电动车。
Additional details, including the related agreement, can be found in the Company's Form 8-K to be filed with the SEC.
有关详细信息,包括相关协议,可以在公司提交给美国证券交易委员会的8-K表格中找到。
Mullen's commercial EV lineup includes the Mullen ONE Class 1 EV cargo van, the Mullen THREE Class 3 EV cab chassis truck, and the Bollinger B4 Class 4 and Bollinger B5 Class 5 EV cab chassis trucks from its subsidiary, Bollinger Motors. Mullen's full lineup of commercial EVs is purpose-built to meet the demands of urban last-mile delivery; available for sale and in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency and the California Air Resources Board ("CARB") certifications, denoting strict adherence to clean air emissions standards. The Bollinger B4 begins Start of Production ("SOP") on Sept. 16, 2024, with deliveries beginning in October 2024.
Mullen的商用电动车系列包括Mullen ONE一类电动货车、Mullen THREE三类电动出租车底盘车和其子公司Bollinger Motors的Bollinger B4四类电动出租车底盘车和Bollinger B5五类电动出租车底盘车。Mullen的完整商用电动车系列是专为满足城市最后一英里的交付需求而打造的,符合美国联邦机动车安全标准、环境保护署和加利福尼亚空气资源委员会("CARB")认证标准,表示严格遵守清洁空气排放标准。Bollinger B4将于2024年9月16日开始生产,并于2024年10月开始交付。
About Volt Mobility
We are unwavering in our commitment to sustainability, and we firmly believe in the potential of electric mobility to revolutionize industrial transportation. Our steadfast commitment aligns seamlessly with the transformative potential of electric mobility in the industrial sector. By leveraging the latest technologies, we strive to create a cleaner, more efficient and seamlessly connected transportation network tailored for industrial applications. Whether you operate in logistics, manufacturing or any industrial sector, Volt Industrial Mobility is your partner in driving positive change. Join us as we work towards a future where industrial electric vehicles play a pivotal role in creating environmentally conscious, high-performance and cost-effective transportation solutions.
关于Volt Mobility
我们始终坚定地致力于可持续发展,并坚信电动出行在工业运输领域具有革命性潜力。我们对电动出行的坚定承诺与工业部门的变革潜力完美契合。通过利用最新技术,我们努力打造一个更清洁、更高效、无缝连接的工业运输网络,旨在为工业应用量身定制。无论您在物流、制造业还是任何工业领域运营,Volt Industrial Mobility都是您在推动积极变革方面的伙伴。加入我们,共同努力实现一个未来,工业电动车在创造环保、高性能和经济实惠的交通解决方案中扮演关键角色。
To learn more about Volt, visit .
要了解更多有关Volt的信息,请访问 .
About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles ("EVs") with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board ("CARB") and EPA certified and available for sale in the U.S. Recently, CARB issued HVIP approval on the Mullen THREE, Class 3 EV truck, providing up to a $45,000 cash voucher at time of vehicle purchase. The Company has also recently expanded its commercial dealer network with the addition of Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group and Eco Auto, providing sales and service coverage in key Midwest, West Coast and Pacific Northwest and New England markets. The Company also recently announced Foreign Trade Zone ("FTZ") status approval for its Tunica, Mississippi, commercial vehicle manufacturing center. FTZ approval provides a number of benefits, including deferment of duties owed and elimination of duties on exported vehicles.
关于Mullen
Mullen汽车(纳斯达克代码:MULN)是一家总部位于加州南部的汽车公司,致力于建造下一代商用电动汽车(“EV”),拥有位于密西西比州图尼卡(120000平方英尺)和印第安纳州米沙瓦卡(650000平方英尺)的两个美国车辆生产基地。2023年8月,Mullen在图尼卡开始了商用车辆生产。2023年9月,Mullen获得了联邦EV的税收减免批准,成为合格制造商,为符合条件的客户提供每辆车高达7500美元的资格。2024年1月,Mullen ONE(一级EV货车)和Mullen THREE(三级EV驾驶室底盘卡车)均获得加州空气资源委员会(“CARB”)和EPA认证,并在美国销售。最近,针对Mullen THREE,CARB发出了HVIP批准,可在购买时提供高达45000美元的现金代金券。公司最近还通过添加Pritchard EV、National Auto Fleet Group、Ziegler Truck Group、Range Truck Group和Eco Auto扩大了其商用经销商网络,为中西部、西海岸和太平洋西北部以及新英格兰市场提供销售和服务覆盖。该公司最近还宣布,其密西西比州图尼卡的商用车辆制造中心获得了对外贸易区(“FTZ”)地位的批准。 FTZ批准提供了许多好处,包括推迟应缴税项和免税的出口车辆。
To learn more about the Company, visit .
要了解有关该公司的更多信息,请访问 .
Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements about our plans, expectations and objectives with respect to the purchase agreement with Volt, the anticipated purchase and delivery of vehicles and expected revenue. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. These forward-looking statements are subject to a number of risks and uncertainties, including but are not limited to, uncertainty that Volt will abide by its contractual obligations, including payment of the deposit and order of vehicles as expected, the timing and dates for receipt of payments pursuant to the agreement, successful certification of the vehicles in the GCC region, delays in production and delivery of vehicles, unanticipated returns of vehicles, delayed commercial product launches and the achievement of operational milestones, and changes in domestic and foreign business, market, financial, political and legal conditions that may affect incentives and the general market for EVs.. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen's plans and expectations as of any subsequent date.
前瞻性声明
Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
联系方式:
Mullen Automotive, Inc.
+1 (714) 613-1900
Corporate Communications:
IBN
Los Angeles, California
310.299.1717 Office
Editor@InvestorBrandNetwork.com
企业通讯:
IBN
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Attachments
附件
- Volt Mobility is Based in The United Arab Emirates
- Volt Order Includes 3,000 Mullen ONE's and THREE's Over a 16-Month Period