Mullen Opens 100 Technology Drive in Irvine, California, for Automotive EV Development Center
August 01 2022 - 7:30AM
via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN)
(“Mullen” or the “Company”), an emerging electric vehicle (“EV”)
manufacturer, announces the opening of a new Automotive Development
Center at 100 Technology Drive, Irvine, CA, 92618.
Located in the heart of Irvine’s technology corridor and in
close proximity to the Irvine Spectrum Center, the
16,000-square-foot facility at 100 Technology Drive, Irvine, CA,
92618, is now open in support of Mullen’s expanding automotive
team. As the company continues to grow, various Automotive teams
are being strategically split between the Mullen Monrovia and
Irvine locations. Currently, it is planned that Irvine Automotive
Development Center will be home to the Engineering Design and
Development, Styling, Program Management, Marketing and Finance
teams, whereas Battery, Powertrain, Thermal, and Infotainment teams
will be located at the High-Voltage Facility in Monrovia,
California.
“This facility is a great addition and the logical next step in
the evolution of our corporate footprint as we begin to scale our
teams and dedicate more resources to support our EV programs,” said
David Michery, CEO and chairman of Mullen Automotive. “Irvine
technology’s hub is a great location for us to anchor our EV team
and provides us with the space and potential talent pool to support
our growth over the next few years.”
Mullen’s EV development portfolio includes the Mullen FIVE EV
Crossover, the Mullen ONE EV Fleet Vans, and the DragonFLY Sports
Car. Mullen recently announced the “Strikingly Different” U.S. Test
Drive Tour for the Mullen FIVE EV Crossover, covering 19 cities
across the U.S. The tour will begin this fall in Southern
California and work its way throughout the U.S. Further details can
be found here, or place your Mullen FIVE reservation here.
About MullenMullen 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.
Forward-Looking StatementsCertain 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. 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. Examples of such risks and uncertainties include but
are not limited to whether the Irvine Automotive Development Center
will be used by the Company as intended and whether the “Strikingly
Different” U.S. Test Drive Tour will take place as contemplated.
Additional examples of such risks and uncertainties include, but
are not limited to: (i) Mullen’s ability (or inability)
to obtain additional financing in sufficient amounts or on
acceptable terms when needed; (ii) Mullen's ability to
maintain existing, and secure additional, contracts with
manufacturers, parts and other service providers relating to its
business; (iii) Mullen’s ability to successfully expand
in existing markets and enter new markets;
(iv) Mullen’s ability to successfully manage and
integrate any acquisitions of businesses, solutions or
technologies; (v) unanticipated operating costs, transaction costs
and actual or contingent liabilities; (vi) the ability to attract
and retain qualified employees and key personnel; (vii) adverse
effects of increased competition on Mullen’s business;
(viii) changes in government licensing and regulation that may
adversely affect Mullen’s business; (ix) the risk that
changes in consumer behavior could adversely affect Mullen’s
business; (x) Mullen’s ability to protect its
intellectual property; and (xi) local, industry and general
business and economic conditions. 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.
Contact:Mullen Automotive, Inc.+1 (714)
613-1900www.MullenUSA.com
Wire Service Contact:InvestorWire (IW) Los
Angeles, Californiawww.InvestorWire.com212.418.1217
OfficeEditor@InvestorWire.com
- Located in the heart of Irvine Spectrum Business Center
- 100 Technology Drive, Irvine, California
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