Mullen Automotive Stock Falls Over 15% - What's Going On?
Mullen Automotive Stock Falls Over 15% - What's Going On?
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower on Thursday.
In a press release, the company said it received certification from the California Air Resources Board on the 2025 Mullen THREE, Class 3 all-electric low cab forward chassis truck.
"Our vehicles are CARB approved and ready for delivery with many states and local governments offering very strong incentives to electrify commercial fleets," said David Michery, CEO and chairman of Mullen Automotive.
Mullen Automotive said that the certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations.
CARB-compliant states and locations include California, Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont and the District of Columbia.
CARB certification opens the Mullen THREE to critical state EV incentive programs, which vary by each eligible CARB-compliant state.
The certification takes on even more significance with CARB's recent Advanced Clean Fleets regulation.
Earlier this week, the company announced the first phase completion of battery line integration at its high-energy facility on Monday.
Mullen said the phase one project culminated in the successful startup, debugging, and early-stage commissioning of the initial two battery assembly lines.
Production line start is currently targeted for early 2025 and at volume production, Mullen expects to hire over 200 people for both battery production and operational support.
Price Action: MULN shares are trading lower by 15.1%to $3.20 at last check Thursday.
Image: Courtesy of Mullen Automotive, Inc.
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower on Thursday.
週四，馬倫汽車公司（納斯達克股票代碼：MULN）股價走低。
In a press release, the company said it received certification from the California Air Resources Board on the 2025 Mullen THREE, Class 3 all-electric low cab forward chassis truck.
該公司在一份新聞稿中表示，它已獲得加州空氣資源委員會對2025 Mullen THREE 3級全電動低排前置底盤卡車的認證。
"Our vehicles are CARB approved and ready for delivery with many states and local governments offering very strong incentives to electrify commercial fleets," said David Michery, CEO and chairman of Mullen Automotive.
馬倫汽車首席執行官兼董事長戴維·米切裏表示：“我們的車輛已獲得CARB的批准，隨時可以交付，許多州和地方政府都爲商用車隊的電氣化提供了非常強有力的激勵措施。”
Mullen Automotive said that the certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations.
馬倫汽車表示，該認證頒發給符合CARB法規的特定排放標準的汽車製造商。
CARB-compliant states and locations include California, Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont and the District of Columbia.
符合CARB標準的州和地點包括加利福尼亞州、康涅狄格州、科羅拉多州、特拉華州、緬因州、馬里蘭州、馬薩諸塞州、新澤西州、新墨西哥州、紐約州、俄勒岡州、賓夕法尼亞州、羅德島州、佛蒙特州和哥倫比亞特區。
CARB certification opens the Mullen THREE to critical state EV incentive programs, which vary by each eligible CARB-compliant state.
CARB認證使Mullen THREE進入關鍵州的電動汽車激勵計劃，每個符合CARB標準的州都有所不同。
The certification takes on even more significance with CARB's recent Advanced Clean Fleets regulation.
隨着CARB最近出臺的高級清潔車隊法規，該認證變得更加重要。
Earlier this week, the company announced the first phase completion of battery line integration at its high-energy facility on Monday.
本週早些時候，該公司週一宣佈完成其高能設施的電池生產線集成的第一階段。
Mullen said the phase one project culminated in the successful startup, debugging, and early-stage commissioning of the initial two battery assembly lines.
馬倫說，第一階段項目最終成功啓動、調試和早期調試了最初的兩條電池裝配線。
Production line start is currently targeted for early 2025 and at volume production, Mullen expects to hire over 200 people for both battery production and operational support.
生產線目前的目標是在2025年初啓動，在批量生產時，馬倫預計將僱用200多名員工來提供電池生產和運營支持。
Price Action: MULN shares are trading lower by 15.1%to $3.20 at last check Thursday.
價格走勢：週四最後一次檢查時，MULN股價下跌15.1％，至3.20美元。
Image: Courtesy of Mullen Automotive, Inc.
圖片：由馬倫汽車公司提供
譯文內容由第三人軟體翻譯。
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