Mullen Automotive is a Southern California-based manufacturing company specializing in the development of electric vehicles (EVs). Established in 2014, Mullen Automotive operates two manufacturing and assembly plants in the United States. The company's product portfolio includes a range of EVs such as the Mullen FIVE Crossover, FIVE RS High-Performance Sport Crossover, GT and GTRS EV Supercars, PowerUP Mobile EV Charging Truck, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs, and Bollinger Motors' B1 and B2 electric SUV trucks and Class 4-6 commercial offerings.
In September 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive. The company further strengthened its position in the market by acquiring all of Electric Last Mile Solutions' assets, including intellectual property and a 650,000-square-foot plant in Mishawaka, Indiana, on December 1, 2022.
The company attracted a notable $150.00M post-IPO debt investment on May 14, 2024. As Mullen Automotive continues to expand its product offerings and acquisitions, it is positioned to play a significant role in shaping the future of electric mobility and commercial transportation.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | $150.00M | - | 14 May 2024 | |
Venture Round | $3.08M | - | 20 Jan 2016 |