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Stock impact report

Mullen's New High Energy Facility Marks Phase One Completion of Battery Pack Assembly Line [Yahoo! Finance]

Mullen Automotive, Inc. (MULN) 
Company Research Source: Yahoo! Finance
Facility is capable of producing 1 GWh per year BREA, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc . (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the first phase completion of battery line integration at its high energy facility located in Fullerton, California. The southern California facility is dedicated to producing next-generation American-made EV battery packs, a critical component to the Company's commitment to zero emissions and to reducing reliance on key battery components imported from foreign countries. The operationalization of the plant includes a series of planned stages which began with facility preparations and quickly transitioned to the move and installation of battery assembly line equipment. The phase one project culminated in the successful startup, debugging, and early-stage commissioning of the initial two battery assembly lines. The facility's production st Show less Read more
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