GreenEnergyBreaks Archive - Page 7 of 94

WednesdayNov 20, 2024 10:54 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Expands Presence in Higher Education with New EV Orders

Mullen Automotive (NASDAQ: MULN) announced new orders for its Mullen ONE Class 1 commercial EV cargo van from universities in Los Angeles and Berkeley, California, adding to recent orders from institutions like Princeton University, the University of Virginia, and the University of North Carolina. This growth reflects increasing adoption of clean energy vehicles by U.S. higher education institutions, which are prioritizing zero-emission goals for sustainability. Mullen’s commercial EVs, including the Mullen ONE cargo van and Mullen THREE cab chassis truck, are designed for efficiency and compliance with stringent environmental standards, aligning with the needs of these forward-thinking institutions. Incentives like…

MondayNov 18, 2024 9:35 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures CARB HVIP Approval for Bollinger B4 EV Truck with Significant Incentives

Mullen Automotive (NASDAQ: MULN) announced that the California Air Resources Board (“CARB”) has approved Bollinger Motors’ all-electric Class 4 Bollinger B4 truck for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”). Under HVIP, the Bollinger B4, priced at $158,758, qualifies for up to $60,000 in state vouchers, potentially reducing its cost to under $59,000 when combined with a $40,000 federal tax credit. The Bollinger B4 offers a 185-mile range and a 7,394-pound payload, catering to commercial fleets seeking sustainable and high-performing vehicles. This milestone aligns with Bollinger Motors’ efforts to expand its market presence, bolstered by recent production…

FridayNov 15, 2024 9:25 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Partners with National Auto Fleet Group to Deliver Bollinger B4 EV Trucks to Government Fleets

Mullen Automotive (NASDAQ: MULN) announced a partnership with National Auto Fleet Group (“NAFG”) to sell its all-electric Class 4 Bollinger B4 commercial trucks to government agencies via NAFG’s Sourcewell-awarded contract. The Bollinger B4, designed with fleet and upfitter input, offers a 185-mile range, a payload of 7,394 pounds, and a robust chassis protecting its 158-kilowatt-hour battery pack. This collaboration provides Bollinger Motors with a streamlined pathway to secure government contracts, aligning with electrification goals of municipalities and agencies. Recent milestones for Bollinger include regulatory certifications, production launch, and multiple fleet agreements, bolstered by partnerships with key dealers, service centers, and…

TuesdayNov 12, 2024 12:05 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Debuts Mullen ONE EV Cargo Van on Turo to Meet Demand for Urban, Eco-Friendly Rentals

Mullen Automotive (NASDAQ: MULN) has listed its Class 1 electric cargo van, the Mullen ONE, on Turo, the world’s largest vehicle-sharing marketplace, to provide an efficient rental option for businesses with last-mile delivery needs. Florida-based Parasol Strategic Solutions is piloting the van in Jacksonville, Florida, citing a demand for compact, sustainable cargo transport in urban settings, with plans to expand the pilot to Baltimore, Maryland. The Mullen ONE, along with the Mullen THREE Class 3 EV, is part of Mullen’s commercial EV lineup, built for urban logistics and backed by federal and state incentives, providing significant cost savings for fleet…

ThursdayNov 07, 2024 10:35 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Bollinger’s B4 Truck Qualifies for $100,000 Incentive Under New York’s NYTVIP Program

Mullen Automotive (NASDAQ: MULN) announced that Bollinger Motors has qualified for New York State’s New York Truck Voucher Incentive Program (“NYTVIP”), offering up to a $100,000 voucher for its all-electric B4 Truck. This incentive, provided by NYSERDA, marks the fourth state incentive for Bollinger in the Northeast, adding to similar programs in Massachusetts, New Jersey and Pennsylvania. Alongside a federal tax credit of $40,000 under the Inflation Reduction Act, Bollinger’s B4 Truck is primed to offer substantial financial incentives, bolstering its adoption in commercial fleets. Recent milestones for Bollinger include regulatory certifications, significant fleet orders and partnerships with dealers and…

WednesdayOct 30, 2024 11:29 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands West Coast Footprint with First Bollinger B4 EV Truck Deliveries

Mullen Automotive (NASDAQ: MULN) has announced that its subsidiary, Bollinger Motors, has delivered three Bollinger B4 electric trucks to TEC Equipment locations across Washington and California. The 2025 Bollinger B4, an all-electric Class 4 chassis cab truck built for commercial use, aims to support fleet electrification efforts on the West Coast, marking a milestone with TEC Equipment as a new dealer. These deliveries reflect a significant revenue contribution to Mullen’s fiscal quarter ending December 2024. The B4 model qualifies for up to $100,000 in federal and state tax incentives, strengthening Bollinger’s position in the EV commercial truck market and building…

MondayOct 28, 2024 12:23 pm

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Gains $10M Support from Robert Bollinger to Propel B4 EV Truck Production

Mullen Automotive (NASDAQ: MULN) announced that Bollinger Motors founder, Robert Bollinger, has provided $10 million in non-dilutive debt financing to accelerate the production and sales of Bollinger’s all-electric Class 4 B4 truck. This funding supports Bollinger’s full-scale production efforts, with trucks now assembled by Roush Industries in Michigan, using over 70% U.S.-made content. Mullen CEO David Michery commended Bollinger’s continued commitment to building the brand, with more details on the financing to be filed in an upcoming Form 8-K with the SEC. To view the full press release, visit https://ibn.fm/HCNb4 About Mullen Automotive Inc. Mullen Automotive is a Southern California-based…

ThursdayOct 17, 2024 1:26 pm

GreenEnergyBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) and PyroDelta Energy Boost Thermoelectric Generator Power by Ten-Fold

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) and its subsidiary PyroDelta Energy have announced a significant advancement in their tellurium-based thermoelectric generator, increasing its power output from 20 watts to 200 watts while maintaining minimal changes in size and weight. The generator, which runs on small butane or propane canisters, is designed for emergency and recreational use, capable of powering devices like cell phones, LED lights, and laptops for several hours. PyroDelta plans to develop larger versions to power multiple appliances and adapt the device for longer fuel options. The upgraded generator will be showcased at the Top Shelf Partners Commodities Global…

ThursdayOct 17, 2024 11:49 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Regains Nasdaq Compliance, Panel Hearing Canceled

Mullen Automotive (NASDAQ: MULN) announced that it has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by formal notice from Nasdaq on Oct. 16, 2024. With this compliance, Mullen meets all Nasdaq continued listing standards and will remain listed on the Nasdaq Capital Market. As a result, a previously scheduled hearing before the Nasdaq Panel has been canceled, and Mullen expects to be removed from Nasdaq’s list of noncompliant companies within approximately four business days. To view the full press release, visit https://ibn.fm/la2hC About Mullen Automotive Inc. Mullen Automotive is a Southern California-based automotive company building the…

MondayOct 14, 2024 11:44 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Plans to Establish Mullen Credit Corporation to Support Dealers, Customers

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced plans to establish Mullen Credit Corporation (“MCC”) as its wholly owned subsidiary. According to the announcement, MCC will offer vehicle floor planning, enabling the company’s growing dealership network to finance inventory upfront and repay the loan plus interest once the vehicle is sold. MCC will also provide fleet and small business customers with attractive financing options.“Our business is experiencing rapid growth, with projected sales for 2025 expected to increase significantly. Consequently, our financing needs have also evolved,” said David Michery, Chairman and CEO. “Mullen Credit Corporation will…

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