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0.00120918984280551 -0.0133010882708585 -0.0447400241837968 -0.015719467956469 -0.067303506650544 -0.101571946795647 -0.0471342200725513 0.0157194679564693
Stock impact report

California Issues HVIP Approval, Granting Mullen's Class 3 EV Trucks a $45,000 Cash Voucher Per Vehicle Sold [Yahoo! Finance]

Mullen Automotive, Inc. (MULN) 
Company Research Source: Yahoo! Finance
When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen THREE would be less than $17,000. BREA, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the California Air Resources Board (“CARB”) has approved the Company's all-electric Class 3 low cab forward, the 2024 Mullen THREE, for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”) The HVIP program plays a crucial role in the deployment of zero-emission technologies and accelerates commercialization by providing point-of-sale vouchers to make advanced vehicles more affordable. Under HVIP, the 2024 Mullen THREE EV truck, with a suggested MSRP of $68,500, now qualifies for up to $45,000 cash voucher. When combined with the available $7,500 federal tax credit, the net effective cost of the Mullen THREE could be less than $17,000. A copy of Show less Read more
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