With a $626.14 million market cap, Mullen Automotive, Inc. (MULN) is an electric vehicle (EV) manufacturer and distributor. The company owns and runs businesses such as CarHub, which uses AI to give a user-friendly way to buy, sell, and own a car, and Mullen Energy, which sells battery technology and emergency point-of-care solutions.
On December 14, MULN announced that it had received a purchase order, valued at approximately $200 million, for 6,000 Class 1 EV cargo vans from Randy Marion Automotive Group (RMA).
