Stocks

Mullen earns EPA certification for Class 1 Electric cargo vans

1 Mins read

© Reuters. Mullen (MULN) earns EPA certification for Class 1 Electric cargo vans

Emerging electric vehicle maker, Mullen Automotive (NASDAQ” NASDAQ:) announced Monday that the automaker has gained approval from the Environmental Protection Agency (“EPA”) for the company’s Class 1 EV cargo vans. The certification, granted on November 2nd, is a key milestone for selling vehicles in the U.S.

The Mullen Class 1 EV cargo van has successfully fulfilled all necessary testing obligations set by the Federal Motor Vehicle Safety Standards (“FMVSS”) and met the compliance criteria.

Having obtained EPA certification and ensuring FMVSS compliance, Mullen is set to begin shipping Class 1 EVs to its distributor, Randy Marion Automotive (“RMA”), upon the completion of all production and final testing procedures for the vehicles.

“With this EPA final approval, Mullen is all hands-on deck and laser focused on production and deliveries to our commercial customers,” said CEO, David Michery.

Mullen announced back in December 2022, a $200M purchase order made by RMA for 6,000 all-electric Class 1 EV cargo vans.

RMA stands as one of the largest and most respected commercial vehicle dealer groups in the U.S.

Shares of MULN are up 3.78% in mid-day trading on Monday.

Read the full article here

Related posts
Stocks

NVIDIA launches 800Gb/s networking platforms for AI By Investing.com

2 Mins read
SAN JOSE, Calif. – NVIDIA (NASDAQ:) has unveiled its latest networking platforms, the Quantum-X800 InfiniBand and Spectrum-X800 Ethernet, which are the first…
Stocks

Upexi CEO buys $44.7k in company stock By Investing.com

2 Mins read
In a recent move, Allan Marshall, the Chief Executive Officer of UPEXI, Inc. (NASDAQ:UPXI), a company specializing in medicinal chemicals and botanical…
Stocks

Apple dominates buybacks as S&P 500 share repurchases jump by nearly fifth in Q4 By Investing.com

2 Mins read
Investing.com — Stock buybacks among companies climbed by nearly a fifth in the fourth quarter from the prior quarter, with Apple leading…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *