(RTTNews) - Mullen Automotive, Inc. (MULN), an electric vehicle maker, announced on Friday that it is planning to establish a parts and service network to support Volt Mobility's fleet operations.
This is in addition to the United Arab Emirates-based Volt's order to supply 300 all-electric Mullen commercial vehicles in 2024. The previously announced deal includes $210 million commercial Class 1 and Class 3 EV orders.
Mullen plans for an additional 3,000 vehicles scheduled for delivery in 2025.
MULN was trading up by 4.57 percent at $8.04 on the Nasdaq.
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