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Phenix will develop a unique, light-weight body configuration on Mullen's Class 3 electric chassis. The combination is designed to satisfy the needs of service body truck fleets.
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The Class Mullen 1 EV Cargo Van has a starting price of $34,500 and the Class 3 EV Cab Chassis Truck will start at $68,500.
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Mullen Commercial is launching two commercial products in 2023: a fully electric Class 1 cargo van and Class 3 low-cab forward.
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The EV manufacturer teams up with Menzies Aviation and Loop Global to run the vans on typical airport duty cycles while keeping them steadily charged.
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ELMS' assets expand Mullen’s manufacturing capacity, and with the previous Bollinger Motors acquisition, EV rollouts to market will speed up.
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The purchase price is $148.2 million in cash and stock for a 60% controlling interest, which gives Mullen the majority ownership of Bollinger Motors, Inc.
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