MULN

Mullen Automotive, Inc. is a United States–based company operating in the consumer durables sector within the electric-vehicle (EV) and advanced automotive-technology industry.

The company designs, manufactures and markets electric passenger vehicles, commercial EVs, fleet-management platforms and next-generation battery technologies.

Founded in 2014 by David Michery, Mullen emerged during a period of rapid transformation in the automotive sector, driven by electrification trends, regulatory pressure for reduced emissions and expanding demand for innovative EV manufacturers.

Mullen’s portfolio includes the Mullen FIVE electric crossover, commercial EVs such as the Mullen ONE and Mullen THREE delivery vehicles, fleet-technology platforms and advanced battery research initiatives including solid-state battery development.

The company also provides integrated fleet solutions, charging-support services, data-telemetry systems and partnerships aimed at scaling manufacturing capacity.

The company operates primarily in the United States, leveraging engineering facilities, assembly plants, battery-testing laboratories, quality-control operations, software-development teams, design studios and corporate-service units.

Its operational model combines in-house development with manufacturing partnerships to accelerate commercial adoption and improve scalability.

Market forces affecting Mullen include EV adoption rates, U.S. regulatory incentives, battery-technology advancements, charging infrastructure expansion, competition from established automakers and emerging EV startups, supply-chain volatility, capital-access conditions and macroeconomic factors such as interest rates and investment availability.

The EV sector’s capital-intensive nature makes financing and cost optimization critical to the company’s long-term viability.

Mullen Automotive, Inc.’s shares trade on the Nasdaq under the ticker MULN.

History and when Mullen Automotive, Inc. was founded

Mullen Automotive was founded in 2014 with the goal of building an EV-focused automotive company capable of integrating advanced battery technologies with consumer and commercial vehicle platforms.

In its early years, the company focused on assembling partnerships, acquiring technologies and laying the foundation for future vehicle development. These efforts occurred amid the broader EV boom in the United States, as government incentives and technological advancements accelerated interest in electric mobility.

Between 2018 and 2020, Mullen developed prototypes for both consumer and commercial markets. The Mullen FIVE was introduced as a premium electric crossover, signaling the company’s move into the competitive passenger-EV category.

Simultaneously, Mullen developed commercial vans designed for last-mile delivery and corporate fleets, addressing growing demand from logistics operators seeking electrification solutions.

In 2021, the company strengthened its manufacturing footprint, expanded engineering capabilities and advanced its solid-state battery research. This period also included extensive prototype testing, validation efforts and the establishment of partnerships intended to scale both production and distribution.

From 2022 to 2024, Mullen navigated intense competition within the EV sector, capital requirements and supply-chain complexity, while continuing to progress toward commercialization of its vehicle lineup.

The company emphasized development of commercial EVs, delivering units for evaluation by fleet customers and advancing regulatory approvals. Mullen also expanded fleet-management technologies, vehicle-connectivity systems and tools designed to optimize performance and range.

During this period, the company restructured parts of its operations to align with strategic priorities, reduce expenses and strengthen its long-term positioning in the EV industry.

With increasing regulatory support for electrification in the United States, Mullen focused on expanding its commercial-vehicle operations, refining product capabilities and reinforcing its technology roadmap.

By 2024, Mullen Automotive had established itself as a developing participant in the EV landscape, concentrating on innovation, fleet solutions and progressive enhancement of its production capacity.

Additional Information

The Company Mullen Automotive Inc (United States), is listed on Nasdaq with a market value of $ 89.40 Thousand, having an equity of $ -69.54 Millions.

The Company is listedthe in the sector of Others and categorized in industry of Others.

In the last 12 months the Company had a revenue of $ 8.93 Millions, which generated a loss in the amount of $ -425.20 Millions.

As for its main indicators, the Company has a P/E ratio of 0.00, a P/BV ratio of 0.00 and in the last 12 months the Company did not pay dividends.

The Company is traded internationally through the ticker MULN.