Mullen Technologies
Mullen Technologies, Inc. is a public American electric car company trading on the NASDAQ. Headquartered in Brea, California founded in 2014, Mullen owns other businesses including Mullen Auto Sales, consisting of a chain of car dealerships in California and Arizona, the company CarHub.
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| Nasdaq: MULN | |
| Industry | Automotive |
| Founded | 2014; 8 years ago |
| Founder | David Michery |
| Headquarters | Brea, California, U.S. |
| Website | https://www.mullenusa.com/ |
History
David Michery is the founder, chairman, and CEO of Mullen Technologies since 2012. Mullen intends to launch the Dragonfly K50 (also known as Qiantu K50) luxury sports car by 2021.[1] The company intends to field a luxury model first, then pivot to all-consumer electric vehicle models.[2]
On June 15, 2020, Mullen Technologies announced a merger agreement with Net Element, Inc.[3][4]
On March 17, 2021, Mullen Technologies announced that they would be opening a factory in Memphis, Tennessee for the manufacture of their Mullen FIVE Cross Over SUV, planning to sell these models as early as 2024.[5]
On March 31, 2022, Mullen CEO David Michery said in an interview that an announcement is coming in Q2 on a "major, major Fortune 500 company" purchasing cargo vans.
References
- Eisenstein, Paul A. (18 April 2019). "Chinese electric sports car Dragonfly K50 by Mullen coming to US roads next year". CNBC. Retrieved 2020-06-16.
- Smith, Abby (2020-06-15). "Mullen Technologies' road to sell electric sports cars is paved by Tesla's success". Washington Examiner. Retrieved 2020-06-15.
- GmbH, finanzen net. "EV News: Mullen Technologies to Merge With Net Element (NETE)". markets.businessinsider.com. Retrieved 2020-06-16.
- "Net Element Enters into a Letter of Intent to Merge with Electric Vehicle Company Mullen Technologies". finance.yahoo.com. Retrieved 2020-06-16.
- Bailey, Tom (17 March 2020), "Tax incentive approved for Tunica Mississippi automaker in 63 years", Daily Memphian
