Electric vehicle manufacturer Mullen Automotive said since Sept. 30, 2024, it has sold 100 Class 1 and Class 3 EV cargo vans and trucks, totaling $5.5 million. It also reduced its monthly burn from $16.8 million in August 2024 to $11.8 million in September 2024 and to $5.3 million in October and November 2024.
The total of 100 all-electric vehicles sold since Sept. 30, 2024, includes 57 Class 3 and 43 Class 1 EV cargo vans and trucks.
The growing demand for sustainable commercial transportation solutions is driving significant sales momentum for Mullen Commercial electric vehicles across multiple industries. Mullen is in continued discussions with government agencies, universities, and large fleets to expand the adoption of EV vehicles across America.
“We are working diligently to expand our efforts both domestically and internationally and being considerate of current market conditions on a global level, while managing the risk and expectations of placing our products in different use case scenarios,” said David Michery, CEO and chairman of Mullen Automotive. “Our sales continue to grow as we build positive traction step by step for both Mullen and Bollinger Motors.”
Mullen’s Commercial EV Models
Mullen’s commercial EV lineup includes the Mullen One, Class 1 EV cargo van, and the Mullen Three, Class 3 EV cab chassis truck, purpose-built to meet the demands of urban last-mile applications. Both vehicles are available for sale and in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency, and the California Air Resources Board (CARB) certifications denoting strict adherence to clean air emissions standards.
The Mullen Three qualifies for a $15,000 incentive through the State of Massachusetts MOR-EV program and a $45,000 cash rebate voucher through the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Program (HVIP). The Mullen One is also eligible for a $3,500 MOR-EV incentive in Massachusetts. Both vehicles also qualify for a $7,500 federal tax incentive.