Mullen Automotive Announces Update on Battery Operations
Anticipated Start of Production in Mid-2025
Mullen Automotive, Inc. has been making significant strides in its battery operations at the Fullerton facility. With three battery lines already installed and two more in the works, the company is gearing up for anticipated start of production in mid-2025. These lines include a high volume standard battery chemistry line, a high precision, low volume standard chemistry R&D line, and a high precision, low volume solid-state polymer R&D line.
Upcoming Installations
An additional high volume standard chemistry battery line is expected to be installed in December 2024. Furthermore, a high volume, fully automated wire bonding line tailored for use with multiple chemistries is set to be operational by February 2025.
BREA, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”) is making impactful advancements in the electric vehicle industry with its state-of-the-art battery operations.
Impact on Individuals
For consumers, the advancements in Mullen’s battery operations mean the potential for more efficient and reliable electric vehicles hitting the market in the near future. With cutting-edge technology and precision in battery manufacturing, individuals can expect enhanced performance and longer-lasting electric vehicles.
Global Impact
On a global scale, Mullen’s progress in battery operations signifies a shift towards more sustainable transportation solutions. As the world strives towards reducing carbon emissions and combating climate change, the development of high-quality batteries for electric vehicles plays a crucial role in achieving these environmental goals.
Conclusion
Mullen Automotive’s dedication to innovation and excellence in battery operations is poised to revolutionize the electric vehicle industry. With the anticipated start of production in mid-2025, the company is paving the way for a greener and more sustainable future in the automotive sector.
