Mullen Automotive and Enpower Greentech Form Partnership for Advanced Lithium-Ion Battery Production
BREA, Calif., April 09, 2025 – Mullen Automotive Inc. (NASDAQ: MULN), an innovator in energy technology and electric vehicle (EV) manufacturing, recently announced a significant partnership with Enpower Greentech Inc. (EGI), a global leader in advanced lithium-ion battery manufacturing and technology.
The Partnership
Under the terms of the newly-signed Partnership and Supply Agreement, Mullen and Enpower Greentech will collaborate on the production of Mullen’s SWIFT series SSB (Skateboard System for Batteries). This collaboration is expected to result in the delivery of high-performance, cost-effective lithium-ion batteries for commercial vehicles and various industrial applications.
Applications and Industries
The Enpower EGI SWIFT SSB batteries are designed for use in a wide range of applications and industries, including:
- Commercial vehicles: buses, delivery trucks, and fleet vehicles
- Aerospace: electric aircraft, drones, and spacecraft
- Marine: electric boats and ships
- Hobby vehicles: go-karts, electric bikes, and electric scooters
- Material handling: forklifts and automated guided vehicles
- Power tools: drills, saws, and other heavy-duty equipment
- Medical: mobility devices and medical equipment
- Drones: commercial and recreational drones
Impact on Consumers and the World
For consumers, this partnership between Mullen and Enpower Greentech will lead to more accessible, affordable, and efficient electric vehicles and industrial applications. The mass production of advanced lithium-ion batteries will drive down costs, making electric alternatives more competitive with traditional fossil fuel-powered counterparts.
On a global scale, this partnership signifies a significant step towards reducing greenhouse gas emissions and increasing the adoption of renewable energy sources. The transportation sector, which is responsible for a large portion of global emissions, will see a major shift towards electric vehicles, leading to cleaner air and a more sustainable future. Furthermore, the industrial sector will benefit from the increased availability and affordability of high-performance batteries, leading to increased electrification and reduced reliance on fossil fuels.
Conclusion
Mullen Automotive’s partnership with Enpower Greentech marks a significant milestone in the electric vehicle and industrial battery industries. The production of advanced lithium-ion batteries at scale will lead to more accessible and affordable electric vehicles and industrial applications, reducing greenhouse gas emissions and driving the transition towards a more sustainable future.
Stay tuned for more updates on Mullen Automotive and Enpower Greentech’s collaboration and the impact it will have on the EV and industrial battery markets.
