Summary by Moomoo AI
Mullen Automotive Inc., an emerging electric vehicle manufacturer, has announced a shareholder update through a video featuring CEO and chairman David Michery. The video, scheduled for release on September 24, 2024, will provide insights into Mullen and Bollinger Motors' recent achievements and progress in expanding sales and distribution channels both domestically and internationally. The update follows the commencement of commercial vehicle production in Tunica, Mississippi, in August 2023, and the receipt of IRS approval for federal EV tax credits on its commercial vehicles in September 2023. Mullen's vehicles, including the Mullen ONE and Mullen THREE, have received CARB and EPA certification and are available for sale in the U.S. The company has also expanded its commercial dealer network and announced Foreign Trade Zone status approval for its Mississippi manufacturing center. The video will be accessible on Mullen's website and social media channels.