Mullen Automotive Expands Global Reach With FIVE RS Launch And Strategic Acquisitions
$MULN
Mullen Automotive, Inc. (NASDAQ:MULN) has recently announced significant strides in its operations, including the launch of its ultra-high-performance electric vehicle (EV), the Mullen FIVE RS and a strategic increase in its stake in Bollinger Motors. These developments mark a pivotal phase in Mullen’s commitment to expanding its global footprint and enhancing its product offerings.
The Mullen FIVE RS, set to hit the German market in December 2025, is a testament to the company’s innovation and engineering prowess. This EV crossover boasts impressive specifications, including a top speed of over 200 mph and the ability to accelerate from 0-60 mph in under 2 seconds. The vehicle features 800-volt architecture, all-wheel drive, a two-speed gearbox and over 1,100 horsepower, setting a new standard in the EV sector.
Mullen’s partnership with Faissner Petermeier Fahrzeugtechnik AG (FPF), a seasoned developer and producer of high-quality automotive components, is crucial for the FIVE RS’s production. FPF’s expertise and certification under the IATF standard, along with compliance with the Federal Motor Transport Authority in Germany, ensure that the FIVE RS will meet the highest quality and safety standards.
David Michery, CEO and chairman of Mullen Automotive, expressed enthusiasm about the launch, emphasizing the company’s focus on delivering top-tier performance EVs to the market. The planned expansion into other EU countries, the UAE and South Africa in 2026, followed by a US launch, underscores Mullen’s strategic approach to global market penetration.
By increasing its ownership stake in Bollinger Motors to 95%. This move not only enhances Mullen’s equity by approximately $3.5 million but also consolidates its control over Bollinger’s operations and strategic direction. Bollinger Motors will continue to operate as a majority-owned subsidiary, focusing on the production and development of the B4, an all-electric Class 4 commercial truck. With a 185-mile range, a 46-foot turning radius and a payload capacity of 7,325 pounds, the B4 is poised to meet the diverse needs of the commercial market.
As Mullen continues to advance its technological and operational initiatives, the company remains committed to delivering high-quality, innovative EV solutions that meet the needs of a global customer base. The launch of the FIVE RS and the strategic acquisition of a greater stake in Bollinger Motors are indicative of Mullen’s dynamic approach to growth and its dedication to sustainability and performance in the automotive sector.
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