NetworkNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Tech Visualize EV Manufacturing in 1.3M-Square-Foot Facility
Mullen Technologies, which previously entered a definitive agreement to merge with Net Element (NASDAQ: NETE), recently announced extension of a letter of intent (“LOI”) for the acquisition of a 1.3-million-square-foot electric vehicle (“EV”) manufacturing facility. Mullen, a Southern California-based, licensed EV manufacturer with international distribution that operates in various verticals of the automotive industry, extended the LOI with S3R3 Solutions to assemble EVs and manufacture EV batteries in the area of West Plains, Washington (http://nnw.fm/xcWya). A recent article discussing this reads, “Mullen’s vision is to begin assembly of electric vehicles and development of its battery packs in an initial facility…







