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Pre-orders for Mullen FIVE Electric-SUV Crossover Exceed Expectations as the FIVE ‘Strikingly Different’ Tour Begins

BREA, Calif., Oct. 28, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that the Mullen FIVE “Strikingly Different” EV Crossover Tour which began yesterday, in Pasadena, California, is off to a great start with first day reservations exceeding expectations and overwhelming positive customer feedback. The overall magnitude of Mullen FIVE pre-orders, leading up to and during the Pasadena event has quadrupled in volume.

Participants in the tour had the opportunity to ride along with a professional driver in the Mullen FIVE and interact with the entirely new infotainment system. Participants were also able to witness PERSONA, Mullen’s proprietary Personal Vehicle Assistant (PVA), in action. Featuring facial recognition technology, PERSONA was designed to provide every driver with a highly personalized experience in the Mullen FIVE.

Due to overwhelming interest and limited seating at the Pasadena stop, new dates have been added for next week on Nov. 1 and 2 at the Angel Stadium in Anaheim, California. From there, Mullen Automotive takes the “Strikingly Different” Tour to Las Vegas, Nevada, on Nov. 10 and 11. 

Los Angeles, CA
Angel Stadium| Anaheim, CA
Address: 2000 E Gene Autry Way, Anaheim, CA 92806, USA
Dates: Nov. 01 - Nov. 02

Las Vegas, NV
Las Vegas Motor Speedway| Las Vegas, NV
Address: 7000 Las Vegas Blvd N, Las Vegas, NV 89115
Dates: Nov. 10 - Nov. 11

“The incredible response we are receiving for the Mullen FIVE on tour is a repeat of what we witnessed last November at the FIVE’s LA Auto Show world debut —confirming very high interest in this EV! It is very gratifying to see the FIVE reservations pour in and the tour slots fill up in a matter of minutes,” said David Michery, CEO and chairman of Mullen Automotive.

For the remainder of 2022, Mullen will continue the “Strikingly Different” Tour in the following cities with exact dates, locations, and times announced on or before Nov. 1, 2022. Please visit MullenUSA.com to learn more about the upcoming Mullen FIVE “Strikingly Different” Tour.

November 2022
Las Vegas, NV – Nov. 10 & 11 @ Las Vegas Speedway
Dallas, Texas – Nov. 14 & 15 @ Globe Life Field
Houston, Texas Nov. 18 & 19 @ Minute Maid Park

December 2022
Memphis, Tennessee – To be announced
Miami, Florida — Dec. 5 & 6 @ loanDepot park
Atlanta, Georgia – To be announced
Charlotte, North Carolina – To be announced

In Spring 2023, Mullen will launch the second leg of the “Strikingly Different” Tour with a focus on the East Coast, Midwest and northwest before finishing up in northern California. The second leg of the tour will feature the Mullen FIVE RS, which is a high-performance EV sport crossover featuring 1,100 horsepower, a top speed of 200 mph, and acceleration from 0-60 mph in just 1.9 seconds.

Mullen is offering “front row” FIVE reservation holders the first chance to experience the Mullen FIVE in person on the “Strikingly Different” U.S. tour beginning this fall. Mullen asks interested individuals who have not already done so to book their FIVE reservations here in order to secure a priority spot on the upcoming national tour. Further details and upcoming progress will be shared on Mullen’s social media platforms and with individuals who opt to stay connected here.

About Mullen
Mullen Automotive is a Southern California-based automotive company building the next generation of premium electric vehicles (EVs) that are affordable and built entirely in the United States. With an end-to-end ecosystem that supports owners from test driving to financing and servicing through a unique hybrid dealership model, customers are supported through every aspect of EV ownership. The Mullen FIVE, the Company’s first electric crossover, is slated for delivery in 2024 and features an award-winning design and its patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. To learn more about the company, visit www.MullenUSA.com.

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the contemplated dates, locations and times of the “Strikingly Different” Tour, the proposed second leg of the tour featuring the Mullen FIVE RS   and any other contemplated Mullen vehicle demonstrator tours will materialize and if so, whether they will prove successful for the Company. Additional examples of such risks and uncertainties include but are not limited to; (i) Mullen’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Mullen's ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Mullen’s ability to successfully expand in existing markets and enter new markets; (iv) Mullen’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (ix) adverse effects of increased competition on Mullen’s business; (vii) changes in government licensing and regulation that may adversely affect Mullen’s business; (viii) the risk that changes in consumer behavior could adversely affect Mullen’s business; (ix) Mullen’s ability to protect its intellectual property; and (x) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen’s plans and expectations as of any subsequent date.

Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com

Wire Service Contact:
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com

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