Mullen Automotive Gears Up For US-Made Battery Production: Details

Benzinga11-22

Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher on Thursday. The company provided an update on its Fullerton, California battery facility, which is focused on manufacturing next-...

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The company provided an update on its Fullerton, California battery facility, which is focused on manufacturing next-...</p>\n\n<a href=\"https://finance.yahoo.com/news/mullen-automotive-gears-us-made-171423282.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mullen Automotive Gears Up For US-Made Battery Production: Details</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMullen Automotive Gears Up For US-Made Battery Production: Details\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 01:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/mullen-automotive-gears-us-made-171423282.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher on Thursday. The company provided an update on its Fullerton, California battery facility, which is focused on manufacturing next-...</p>\n\n<a href=\"https://finance.yahoo.com/news/mullen-automotive-gears-us-made-171423282.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MULN","symbol_name":"Mullen Automotive","start_time":0,"source_url":"https://finance.yahoo.com/news/mullen-automotive-gears-us-made-171423282.html","article_id":"2485410639","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/drMcQRVQgJxwlSAWLImAeQ--~B/aD01NTM7dz05ODM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/71076d682389fd481fc73905082133b1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485410639","pubTimestamp":1732209263,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Mullen Automotive, Inc.  shares are trading higher on Thursday. The company provided an update on its Fullerton, California battery facility, which is focused on manufacturing next-generation, American-made battery packs and modules.Mullen Automotive expects battery production at its Fullerton, California, facility to begin in mid-2025.The company has already installed three battery lines, which include a high-volume standard battery chemistry line, a high-precision low-volume standard chemistry R&D line, and a high-precision low-volume solid-state polymer R&D line.Mullen has planned two additional lines. One is a high-volume standard chemistry battery line scheduled to be added in December 2024, while the other is a fully automated, high-volume wire bonding line designed for use with multiple chemistries, which will be installed by February 2025.This initiative supports the company’s zero-emission goals and reduces dependency on imported battery components.CEO and Chairman David Miche","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MULN":"Mullen Automotive","BK4099":"汽车制造商"},"translate_title":"Mullen Automotive准备生产美国制造的电池：详情","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MULN":1},"content_text":"Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher on Thursday. The company provided an update on its Fullerton, California battery facility, which is focused on manufacturing next-generation, American-made battery packs and modules.\nMullen Automotive expects battery production at its Fullerton, California, facility to begin in mid-2025.\nThe company has already installed three battery lines, which include a high-volume standard battery chemistry line, a high-precision low-volume standard chemistry R&D line, and a high-precision low-volume solid-state polymer R&D line.\nMullen has planned two additional lines. One is a high-volume standard chemistry battery line scheduled to be added in December 2024, while the other is a fully automated, high-volume wire bonding line designed for use with multiple chemistries, which will be installed by February 2025.\nThis initiative supports the company’s zero-emission goals and reduces dependency on imported battery components.\nCEO and Chairman David Michery emphasized Mullen’s commitment to producing batteries domestically, reinforcing its focus on sustainable, U.S.-based manufacturing.\nLast week, the company announced that the Bollinger Motors 2025 Bollinger B4 truck qualified for California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).\nUnder HVIP, the 2025 Bollinger B4 EV truck, with a suggested MSRP of $158,758, now qualifies for up to a $60,000 cash voucher. When added to the available $40,000 federal tax credit, the net effective cost of the B4 could be less than $59,000.\nPrice Action: MULN shares are up 10.6% at $2.98 at the last check Thursday.\nRead Next:\n\nMullen Lands Big Wins With California Universities: Details\n\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nThis article Mullen Automotive Gears Up For US-Made Battery Production: Details originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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