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Mullen Announces Class 1 EV Cargo Van Purchase and Delivery to Orange County, North Carolina

1. Mullen's ONE EV cargo van will serve Orange County's Solid Waste Management. 2. The deployment supports the county's Climate Action Plan for an all-electric fleet. 3. Mullen Commercial EVs are purchasable via Sourcewell for government agencies. 4. Mullen's EVs are certified and meet federal clean air standards. 5. The Mullen ONE enhances local government fleets' sustainability and efficiency.

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FAQ

Why Bullish?

Mullen's involvement in government contracts could increase demand, as seen in Tesla's government deals boosting stock. This partnership aligns with increasing focus on sustainable practices.

How important is it?

This contract signifies potential for increased revenue and positive market perception, mirroring successful EV integrations in other municipalities.

Why Short Term?

The immediate government deployment of the ONE van suggests upcoming sales, which may positively influence stock performance in the near future.

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The Mullen ONE EV cargo van will be deployed by Orange County’s Solid Waste Management Department, supporting its Climate Action Plan, which aims to transition the county’s fleet to all-electric vehicles Mullen Commercial EVs are now available for purchase on Sourcewell under NAFG’s Sourcewell Contract # 091521-NAF, which offers Class 1-3 electric vehicles to government agencies across the United States Mullen’s commercial EV lineup aligns with the overall sustainability targets of government agencies, contributing to its growing presence in the government and municipal sectors BREA, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces the purchase and delivery of the Mullen ONE, Class 1 EV cargo van to local government Orange County, North Carolina. The vehicle will be deployed by Orange County’s Solid Waste Management Department, and the order will be fulfilled by National Auto Fleet Group (NAFG), an authorized Mullen dealer. Mullen Commercial EVs are now available for purchase on Sourcewell under NAFG’s Sourcewell Contract # 091521-NAF, which offers Class 1-3 electric vehicles to government agencies across the United States. Nestled in the hills of the North Carolina Piedmont, Orange County is located between the Research Triangle Park and the Triad cities of Greensboro, Winston-Salem, and High Point, and is home to more than 140,000 residents. The county includes historic Hillsborough, the county seat; Chapel Hill, home to the University of North Carolina; and Carrboro and Mebane, former railroad and mill towns. This purchase from its Solid Waste Management Department supports Orange County’s Climate Action Plan, which aims to transition the county’s fleet to all-electric by 2025. The Mullen ONE, Class 1 EV cargo van offers the versatility and efficiency necessary for the Solid Waste Management Department’s daily operations. Its zero-emission operation directly contributes to Orange County’s efforts to reduce its carbon footprint and achieve its electrification goals. “Mullen Commercial EVs are perfectly suited for the demands of government agencies and municipal operations, providing a reliable and sustainable solution for various departments," said David Michery, CEO and chairman of Mullen Automotive. "We are confident that Orange County, North Carolina, will find the Mullen ONE to be an efficient addition to the Solid Waste Management Department's fleet, allowing them to provide essential services while minimizing environmental impact.” Mullen’s commercial EV lineup includes the Mullen ONE, Class 1 EV cargo van, and the Mullen THREE, Class 3 EV cab chassis truck, purpose-built to meet the demands of urban last-mile delivery. Both vehicles are available for sale and in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency, and the California Air Resources Board (“CARB”) certifications denoting strict adherence to clean air emissions standards. About Orange County, North CarolinaOrange County, situated in the rolling hills of North Carolina's Piedmont region, lies between the Research Triangle Park and the Triad cities of Greensboro, Winston-Salem, and High Point. With a population exceeding 140,000, the county includes the historic town of Hillsborough, the county seat, Chapel Hill, where the University of North Carolina is located, as well as Carrboro and Mebane, once thriving railroad and mill towns. To learn more visit www.OrangeCountyNC.gov. About MullenMullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S. The Company’s commercial dealer network consists of seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets. On Sept. 7, 2022, Bollinger Motors, of Oak Park, Michigan, became a majority-owned EV truck company of Mullen Automotive. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer and service network with over 50 locations across the United States. To learn more about the Company, visit www.MullenUSA.com. Forward-Looking StatementsCertain 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 whether any additional vehicles will be ordered by Orange County, and how long local and federal governmental incentives for electric vehicles will be available. 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) 613-1900www.MullenUSA.com Corporate Communications:IBNAustin, Texaswww.InvestorBrandNetwork.com512.354.7000 OfficeEditor@InvestorBrandNetwork.com The Mullen Class 1 to be utilized by Orange County's Waste Management Department The Mullen Class 1 to be utilized by Orange County's Waste Management Department Orange County is located just outside of Raleigh-Durham, NC, metro area.

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