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Mullen Automotive Starts Production of First EV Truck

Brea-based company expects 3,000 Mullen Three vehicles annually

Yuika Yoshida
By Yuika Yoshida
1402

Brea-based electric-vehicle manufacturer Mullen Automotive Inc. (Nasdaq: MULN) said today it had started production of its Mullen Three truck.

The commercial truck rolled off the assembly line at the company’s Tunica, Miss., factory. It is Mullen’s first vehicle to go into production.

So far, the company has received $79 million in purchase orders from Randy Marion Automotive Group and MGT Lease Company for the Mullen Three truck.

The company’s shares fell 23% to 48 cents apiece for a market cap of $87.7 million.

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Yuika Yoshida
Yuika Yoshida
Yuika Yoshida has been a reporter covering healthcare, innovation and education at the Orange County Business Journal since 2023. Previous bylines include JapanUp! Magazine and Stu News Laguna. She received her bachelor's degree in literary journalism from the University of California, Irvine. During her time at UC Irvine, she was the campus news editor for the official school paper and student writer for the Samueli School of Engineering. Outside of writing, she enjoys musical theater and finding new food spots within Orange County.
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