Mullen Automotive Files Application with U.S. DOE
May 2, 2022 By MarketDepth
Mullen Automotive, Inc. (NASDAQ: MULN) today announced that it had filed its ATVM loan application for the Mullen ONE EV Cargo Van Program with the U.S. Department of Energy.
Invited to Submit Loan Application
The Company submitted its prequalification on April 25th and was invited by the DOE to formally submit its loan application on April 29th, 2022.
“We are proud to announce the submission of our ATVM loan application for the Mullen ONE EV Cargo van program. We began our ATVM loan journey in 2019, and the DOE has been following our progress since then. I want to thank the entire Mullen Automotive team for working diligently on this submission. I also want to thank the DOE for their continued support of our initiative to put Americans back to work. This is a huge milestone for us, with many more to follow.”David Michery, CEO and chairman of Mullen Automotive
The Mullen ONE EV is a Class 1 light commercial cargo van rated under 6,000 pounds GVRW and will be one of the first electric commercial vehicle offerings in this category.