Mullen Technologies is Now Accepting Pre-Orders for Its MX-05 Pure Electric All-Wheel Drive SUV
October 01 2020 - 7:30AM
via NetworkWire – Mullen Technologies
Inc. (“Mullen” or the “Company”), an emerging electric
vehicle (“EV”) manufacturer, which previously announced a
definitive agreement to merge with
Net Element,
Inc. (NASDAQ:
NETE) in a stock-for-stock
reverse merger in which Mullen’s stockholders will receive a
majority of the outstanding stock in the post-merger company,
announced today that the Company has begun to accept pre-orders for
the Mullen MX-05 Pure Electric all-wheel drive Sports Utility
Vehicle (SUV).
Mullen announced earlier this month that development of its
pre-production facility in Monrovia, California, will begin today,
October 1. This facility will be fully operational in mid-2021 and
is scheduled to begin the pre-production process of the MX-05 in
the third quarter 2021. First deliveries to the public should be in
the second quarter 2022.
The five passenger MX-05 pure electric all-wheel
drive SUV, featuring a range of 325 miles with a 0 to 60 mph time
of 3.2 seconds, is designed to outperform vehicles in its class. In
order to reserve the MX-05, simply make the $100 deposit and review
the terms and conditions at
https://mullenusa.com/mullen-mx-05/.
To learn more about the revolutionary Mullen
MX-05 Pure Electric all-wheel drive SUV, visit:
https://mullenusa.com/mullen-mx-05-2/.
According to ResearchAndMarket.com, the global
EV market in 2019 was $162.3 billion and is on pace to reach $716.8
billion by 2027. The EV market is driven by favorable government
policies and subsidies, calls to reduce vehicle emissions, consumer
demand and other factors.
About Mullen
Technologies:Mullen Technologies is a Southern
California-based licensed vehicle manufacturer that operates in
various verticals of the businesses, focusing in the automotive
industry: Mullen Automotive, Mullen Energy, Mullen Auto Sales,
Mullen Funding Corp. and CarHub. Each of these divisions provide
Mullen with diversity of different products and services within the
automotive industry. For more information, please
visit: www.MullenUSA.com.
Forward-Looking StatementsThis
press release contains "forward-looking statements." Words such as
"may," "should," "could," "would," "predicts," "potential,"
"continue," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," and similar expressions, as well as
statements in future tense, often signify forward-looking
statements. These forward-looking statements include, without
limitation, statements relating to the proposed production date of
the MX-05 midsize and perceived advantages and future deployment of
the solid-state polymer battery technology. These forward-looking
statements are, by their nature, subject to significant risks and
uncertainties.
Forward-looking statements should not be read as
a guarantee of future performance or results and may not be
accurate indications of when such performance or results will be
achieved. Forward-looking statements are based on information that
the Company has when those statements are made or management's good
faith belief as of that time with respect to future events and are
subject to risks and uncertainties that could cause actual
performance or results to differ materially from those expressed in
or suggested by the forward-looking statements, including any
changes in the laws, rules and regulations relating to any aspects
of the Company's business operations, general economic, market and
business conditions, including capital market developments, the
actions and developments of the Company's competitors and the
effects of competition in the EV industry on the demand for, and
price of, the Company's current and proposed products and services,
various business opportunities that the Company, and factors beyond
the Company's control. As a result of these and other risks,
uncertainties and assumptions, forward-looking events and
circumstances discussed herein might not occur in the way the
Company expects, or at all. Accordingly, you should not place
reliance on any forward-looking information or statements. The
Company assumes no obligation to publicly update or revise its
forward-looking statements as a result of new information, future
events or otherwise. All forward-looking statements herein are
qualified by reference to the cautionary statements set forth in
this section.
Contact:
Mullen Technologies, Inc. +1 (714) 613-1900 www.MullenUSA.com
marketing@mullenusa.com
Corporate Communications:InvestorBrandNetwork
(IBN) Los Angeles, California www.InvestorBrandNetwork.com
310.299.1717 Office Editor@InvestorBrandNetwork.com
SOURCE: Mullen Technologies, Inc
- Mullen MX-05
- Mullen MX-05 Reservations
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