Summary by Futu AI
On January 29, 2024, Mullen Automotive Inc., an emerging electric vehicle manufacturer, announced that it has received California Air Resources Board (CARB) certification for its all-electric Class 3 low cab forward chassis truck. This certification allows the Mullen THREE EV truck to be sold in the District of Columbia and the 14 states that have adopted CARB vehicle standards, which are more stringent than federal EPA regulations. The Mullen ONE and THREE are now both CARB and EPA certified, making them compliant with U.S. Federal Motor Vehicle Safety Standards and eligible for sale across the United States. The CARB certification also makes these vehicles eligible for state EV incentive programs, such as California's HVIP project, which could significantly reduce the net...Show More