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總部位於阿拉伯聯合酋長國
Volt Order Includes 3,000 Mullen ONE's and THREE's Over a 16-Month Period
Volt訂購了3000輛Mullen ONE和THREE電動車,爲期16個月
Mullen to receive initial $3 million deposit and will begin shipping first vehicles immediately
Mullen將收到首次300萬美元的存入資金,並立即開始發貨
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是一家領先的總部位於阿聯酋的商用租賃公司,客戶包括UPS,DHL和聯邦快遞,計劃在未來16個月內購買3000輛新能源貨車和卡車
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日加州佈雷 (GLOBE NEWSWIRE) -- 經過IBN通訊- Mullen Automotive,Inc(納斯達克:MULN) ("Mullen"或"公司"),一家電動汽車製造商,今天宣佈 Volt Mobility ("Volt"),總部位於阿拉伯聯合酋長國 ("UAE"),已簽訂購買協議,以約21000萬美元購買3,000輛1級和3級電動貨車,時間爲16個月。莫倫將在60天內收到300萬美元的首付款,並隨着車輛的交付而獲得額外的支付。從即日起,該公司將開始運送第一批車輛。
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預計在協議的未來16個月內將認可約2100萬美元的營業收入。Volt打算將這些車輛租賃給其位於中東和海灣國家的企業客戶。目前的Volt客戶包括UPS、DHL和聯邦快遞,在海灣合作委員會(GCC)地區提供服務,包括巴林、科威特、阿曼、卡塔爾、沙特阿拉伯和阿聯酋。
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的車輛訂單將在位於密西西比州圖尼卡的Mullen商用車輛設施組裝,該設施每年可生產2萬輛1級車和6000輛3級車,每天兩個生產班次。
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
成立於2020年,Volt迅速成爲該地區最大、最有影響力的商用電動車租賃公司之一。Volt的車輛組合包括17個型號,重點放在輕型、中型和重型電動車上。Volt向企業客戶租賃車輛,提供從第一到最後一英里的快速貨物運輸,以及爲地區範圍內的搬運服務提供重型卡車,在長期保障租賃模式下爲大型運輸企業提供服務。
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.
阿聯酋已將電動交通視爲優先政策領域,並已進入一項雄心勃勃的計劃的第七年,旨在對其基礎設施和能源生產進行脫碳。該酋長國的《清潔能源戰略2050》 CE2050和頁面。2050年以前實現淨零碳排放戰略 力爭2050年前100%使用清潔能源發電。此外,迪拜交通路網局("RTA")還推出一項長期戰略,計劃到2050年實現淨零排放的公共交通系統。
"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,我們不僅追隨潮流,更是引領潮流。我們的使命很明確:引領可持續、高效和尖端交通的轉型,"Volt Mobility的執行董事兼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正在重新塑造人們和企業在阿聯酋和海灣合作委員會地區的出行方式,"Mullen Automotive的首席執行官兼主席David Michery表示。"這項具有里程碑意義的協議使Mullen有機會與全球領先的交通公司接觸,並有機會在阿聯酋和中東其他地區使用Mullen的電動車。
Additional details, including the related agreement, can be found in the Company's Form 8-K to be filed with the SEC.
有關詳細信息,包括相關協議,可以在公司提交給美國證券交易委員會的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的商用電動車系列包括Mullen ONE一類電動貨車、Mullen THREE三類電動出租車底盤車和其子公司Bollinger Motors的Bollinger B4四類電動出租車底盤車和Bollinger B5五類電動出租車底盤車。Mullen的完整商用電動車系列是專爲滿足城市最後一英里的交付需求而打造的,符合美國聯邦機動車安全標準、環境保護署和加利福尼亞空氣資源委員會("CARB")認證標準,表示嚴格遵守清潔空氣排放標準。Bollinger B4將於2024年9月16日開始生產,並於2024年10月開始交付。
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.
關於Volt Mobility
我們始終堅定地致力於可持續發展,並堅信電動出行在工業運輸領域具有革命性潛力。我們對電動出行的堅定承諾與工業部門的變革潛力完美契合。通過利用最新技術,我們努力打造一個更清潔、更高效、無縫連接的工業運輸網絡,旨在爲工業應用量身定製。無論您在物流、製造業還是任何工業領域運營,Volt Industrial Mobility都是您在推動積極變革方面的夥伴。加入我們,共同努力實現一個未來,工業電動車在創造環保、高性能和經濟實惠的交通解決方案中扮演關鍵角色。
To learn more about Volt, visit .
要了解更多有關Volt的信息,請訪問 .
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.
關於Mullen
Mullen汽車(納斯達克代碼:MULN)是一家總部位於加州南部的汽車公司,致力於建造下一代商用電動汽車(「EV」),擁有位於密西西比州圖尼卡(120000平方英尺)和印第安納州米沙瓦卡(650000平方英尺)的兩個美國車輛生產基地。2023年8月,Mullen在圖尼卡開始了商用車輛生產。2023年9月,Mullen獲得了聯邦EV的稅收減免批准,成爲合格製造商,爲符合條件的客戶提供每輛車高達7500美元的資格。2024年1月,Mullen ONE(一級EV貨車)和Mullen THREE(三級EV駕駛室底盤卡車)均獲得加州空氣資源委員會(「CARB」)和EPA認證,並在美國銷售。最近,針對Mullen THREE,CARB發出了HVIP批准,可在購買時提供高達45000美元的現金代金券。公司最近還通過添加Pritchard EV、National Auto Fleet Group、Ziegler Truck Group、Range Truck Group和Eco Auto擴大了其商用經銷商網絡,爲中西部、西海岸和太平洋西北部以及新英格蘭市場提供銷售和服務覆蓋。該公司最近還宣佈,其密西西比州圖尼卡的商用車輛製造中心獲得了對外貿易區(「FTZ」)地位的批准。 FTZ批准提供了許多好處,包括推遲應繳稅項和免稅的出口車輛。
To learn more about the Company, visit .
要了解有關該公司的更多信息,請訪問 .
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.
前瞻性聲明
Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
聯繫方式:
Mullen Automotive, Inc.
+1 (714) 613-1900
Corporate Communications:
IBN
Los Angeles, California
310.299.1717 Office
Editor@InvestorBrandNetwork.com
企業通訊:
IBN
洛杉磯,加利福尼亞州
310.299.1717 辦公室
Editor@InvestorBrandNetwork.com
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
- Volt Mobility總部位於阿拉伯聯合酋長國
- Volt訂購了3000輛Mullen ONE和THREE電動車,爲期16個月