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University of Virginia Purchases Additional Mullen Commercial Vehicles, Which Follows Recent Significant 180 Electric Vehicle Order from Eco Auto Valued at $7.7 Million

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This is UVA’s Second EV Purchase: Vehicle Order Fulfilled by Randy Marion Automotive in North Carolina

UVA’s purchase follows on the recently announced Eco Auto order for 180 Commercial EVs.
UVA’s purchase follows on the recently announced Eco Auto order for 180 Commercial EVs.

Mullen announces commercial Class 1 EV delivery to the University of Virginia (UVA) Sustainable Fleet Department

University of Virginia makes follow-on purchase of Mullen’s commercial vehicles following first UVA purchase from 2023

This UVA order follows on the heels of the recently announced significant $7.7 million, 180-vehicle order from dealer partner Eco Auto. This growing demand underscores the increasing market for Mullen’s electric commercial vehicles.

BREA, Calif., Aug. 12, 2024 – via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces the commercial EV purchase of the Mullen ONE, Class 1 EV cargo van, with the University of Virginia in Charlottesville, VA (“UVA”), for its fleet of commercial vehicles. The order will be fulfilled by Mullen’s commercial retail dealer partner, Randy Marion Automotive Group (“RMA”), based in North Carolina. This delivery is a follow-on purchase to UVA’s original commercial vehicle order from 2023.  Additionally, this UVA order follows on the heels of the recently announced significant $7.7 million, 180-vehicle order, from dealer partner Eco Auto. This growing demand underscores the increasing market for Mullen’s electric commercial vehicles.

Mullen’s commercial EV lineup aligns with the overall sustainability targets of universities including reducing both direct emissions from on-site energy production and fleet fuel use.

UVA is actively working to achieve carbon neutrality by 2030 and fossil fuel independence by 2050, as well as reduce nitrogen losses by 30% by 2030. The university has made significant strides in electrifying its fleet, with 13% of Facilities Management vehicles already battery-powered and supported by 24 charging stations. Electric vehicle usage within Facilities Management has surged by 275% from 2020 to 2023, accounting for approximately 9% of total annual miles driven.

This partnership with Mullen marks a second purchase and a major step forward in the university’s commitment to sustainability and reduced carbon emissions. By incorporating the Mullen 1 EV cargo van into its campus operations, the university can further reduce its environmental impact while enhancing efficiency and cost-effectiveness. UVA has selected the Mullen ONE for its zero-emission operation, efficiency and compact design, making it an ideal fit for the demands of campus life.

“We are proud to partner with the University of Virginia in their mission to create a more sustainable campus,” said David Michery, CEO and chairman at Mullen Automotive. “We’re seeing a significant and growing demand for electric vehicles in the higher education sectors as universities lead the transition to clean energy. We are confident that our vehicles will contribute significantly to UVA’s sustainability initiatives.”

Mullen’s commercial EV lineup includes the Mullen ONE, Class 1 EV cargo van, and the Mullen THREE, Class 3 EV cab chassis truck, purpose-built to meet the demands of urban last-mile delivery. Both vehicles are available for sale and in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency, and the California Air Resources Board (“CARB”) certifications denoting strict adherence to clean air emissions standards.

The Mullen THREE was recently qualified for a $15,000 incentive through the State of Massachusetts MOR-EV program and a $45,000 cash rebate voucher through the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Program (HVIP). The Mullen ONE is also eligible for a $3,500 MOR-EV incentive in Massachusetts.