Why Is Mullen Automotive Stock Rocketing Today?
Why Is Mullen Automotive Stock Rocketing Today?
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher after the company secured a purchase agreement with UAE's Volt Mobility for about $200 million.
馬倫汽車公司(納斯達克股票代碼:MULN)與阿聯酋Volt Mobility簽訂了約2億美元的收購協議,股價走高。
As per the deal, Volt Mobility will acquire 3,000 Class 1 and Class 3 EV cargo vans and trucks over 16 months.
根據協議,Volt Mobility將在16個月內收購3,000輛1級和3級電動貨車和卡車。
Volt plans to lease these vehicles to corporate customers across the Middle East and the Gulf States, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.
Volt計劃將這些車輛租賃給中東和海灣國家的企業客戶,包括巴林、科威特、阿曼、卡塔爾、沙特阿拉伯和阿聯酋。
Starting immediately, Mullen will receive an initial $3 million deposit within 60 days and further payments upon vehicle delivery.
從立即開始,馬倫將在60天內收到300萬美元的初始按金,並在車輛交付後進一步付款。
Mullen anticipates recognizing about $210 million in revenue from the agreement over the next 16 months.
馬倫預計,在未來16個月中,該協議將帶來約2.1億美元的收入。
Volt's vehicle order will be assembled at Mullen's Tunica, Mississippi facility, which has an annual production capacity of 20,000 Class 1 and 6,000 Class 3 vehicles, operating with two production shifts.
Volt的汽車訂單將在馬倫位於密西西比州的圖尼卡工廠組裝,該工廠的年生產能力爲20,000輛1級和6,000輛3級汽車,分兩次生產班次運行。
Mullen's commercial EV lineup includes the Mullen ONE Class 1 cargo van, Mullen THREE Class 3 truck, and Bollinger's B4 and B5 Class 4 and 5 trucks. These vehicles are built for urban delivery and meet U.S. safety, EPA, and CARB standards.
馬倫的商用電動車陣容包括馬倫一號一級貨車、馬倫三號三級卡車以及布林格的B4和B5 4級和5級卡車。這些車輛專爲城市交付而設計,符合美國安全、EPA 和 carB 標準。
David Michery, CEO and chairman of Mullen Automotive, said, "Volt is reshaping the way people and businesses move across the UAE and GCC."
馬倫汽車首席執行官兼董事長大衛·米切裏表示:「Volt正在重塑人們和企業在阿聯酋和海灣合作委員會的出行方式。」
"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."
「這項具有里程碑意義的協議爲馬倫提供了接觸全球領先運輸公司的機會,也爲在阿聯酋和中東其他地區使用馬倫電動汽車提供了機會。」
Last week, Mullen Automotive stated that Bollinger Motors will start producing its B4 Chassis Cab EV on September 16, 2024, with deliveries in October.
上週,馬倫汽車表示,布林格汽車將於2024年9月16日開始生產其B4底盤駕駛室電動汽車,並於10月交付。
Price Action: MULN shares are up 53% at $0.5133 at the last check Monday.
價格走勢:在週一的最後一次檢查中,MULN股價上漲了53%,至0.5133美元。
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明:此內容部分是在人工智能工具的幫助下製作的,並由Benzinga的編輯審閱和發佈。
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