Mullen Signs Agreement with California Based and HVIP Approved, National Auto Fleet Group - Seite 2

NAFG will leverage its extensive network and expertise to offer Mullen’s innovative Class 1 and Class 3 commercial EVs to government agencies nationwide and will simplify the process for public entities seeking to transition their fleets to sustainable electric transportation.

NAFG is also an approved California Air Resource Board (“CARB”) HVIP dealer and will be able to provide point of sale vouchers for the Mullen THREE, Class 3 EV truck. Under HVIP, the 2024 Mullen THREE, with a suggested MSRP of $68,500, qualifies for an 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 Mullen’s Class 3 HVIP approval can be found here.

“NAFG’s with two Sourcewell awarded contracts, and its proven track record of serving government agencies and their commitment to innovative vehicle solutions make them the ideal partner to bring our commercial EVs to public fleets across the nation,” said David Michery, CEO of Mullen Automotive.

Mullen’s commercial EV lineup includes the Mullen ONE, Class 1 EV cargo van and Mullen THREE, Class 3 EV cab chassis truck with both vehicles 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, EPA and CARB certifications, making them ideal for public fleets.

About National Auto Fleet Group
National Auto Fleet Group (NAFG) is a minority family-owned,   all-in-one vehicle vendor that caters to government agencies across the United States. With two generations of experience, we understand the complexities involved in government fleet vehicle purchasing. Our fast, reliable, and hassle-free Sourcewell vehicle contracts empower members to seek alternatives to the tedious bidding process. Our effective and simple online quoting system offers resources to assist public agencies with a variety of fleet purchasing solutions.
To learn more, visit www.nationalautofleetgroup.com

About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S.