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NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN), LGG Report on Vehicle Pack Development of Battery Cell Tech

Company: Mullen Automotive Inc. (MULN)
Category: News

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released an update on its partnership with Linghang Guochuang Group (“LGG”). According to the update, the two companies are working together to take solid-state polymer battery cell technology into vehicle pack level development, with solid-state polymer batteries being anticipated to be available for the second generation of the Mullen FIVE EV Crossover. The two companies announced their partnership in 2019 and then progress was sidelined in 2020 because of COVID-19 outbreak. Recently, Mullen and LGG have picked up again, starting integration of the solid-state polymer cell technology into the vehicle pack level, with plans to integrate solid-state polymer batteries into the second-generation Mullen FIVE EV Crossover, giving the EV a potential range of 600 miles on a full charge with more than 300 miles of range delivered in 18 minutes when using DC fast charging. “I am pleased to announce today that Mullen Automotive and LGG are moving forward on solid-state vehicle pack level development,” said Mullen Automotive CEO and chair David Michery in the press release. “Scaling from the cell level to pack level development is a major accomplishment and one I am proud to announce is progressing with LGG as our partner.”

To view the full press release, visit https://nnw.fm/AtemD

About Mullen Automotive Inc.

Mullen is a southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://nnw.fm/MULN

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