Mullen Announces European Distributor, GAMA, Purchases 29 Mullen-GOs for Balkans Region
29-unit Mullen-GO order is valued at $304,000 USD with 15% deposit paid upfront and full payment due upon early August shipment to GAMA
BREA, Calif., July 24, 2024–– Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today GAMA, one of Mullen international distributors, has placed an order for 29 Mullen-GOs, the Company’s commercial micro urban delivery vehicle. The order is valued at $304,000 USD with shipment to GAMA planned for early August 2024.
GAMA was recently announced as one of Mullen’s European distribution partners for southeastern Europe covering the Balkans Region, which includes Bosnia and Herzegovina, Serbia, Montenegro, Croatia, Slovenia, Macedonia, Albania, Greece, and Bulgaria. GAMA represents Mullen’s full commercial electric vehicle product line.
GAMA has extensive experience with electric vehicles in the Balkan market and has distributed more than 300 vehicles in the last year including private and municipal sales. GAMA has a strong reputation for responding to and winning public tenders for local government opportunities. GAMA’s distribution network includes eight sub-dealers in the Balkan Region supporting sales, service, and parts operation, and is currently building a new facility in Belgrade.
GAMA’s 29-unit Mullen-GO order, valued at $304,000 USD, is part of the previously announced 53-unit commercial vehicle order, consisting of urban delivery vehicles and commercial vans and trucks. Additional planned and yet to be ordered vehicles include the Mullen ONE and Mullen THREE commercial EV cargo vans and trucks.
“GAMA is seeing strong interest in our commercial EVs and we are delighted to begin vehicle deliveries in the Balkans region,” said David Michery, CEO and chairman of Mullen Automotive. “As highlighted previously, the Mullen-GO is the perfect micro urban delivery vehicle for small and congested old world European streets.”
The Mullen-GO is the Company’s urban commercial electric delivery vehicle, which is designed to bridge the gap between the growing demand for quick deliveries and space constraints in dense cities throughout Europe. The commercial EV’s compact design allows it to easily handle the stop/go and weave in/out typical of narrow urban European streets, getting to the customer’s door faster, all while decreasing pollution and congestion levels. The Mullen-GO is EU standard homologated, certified, and ready for European sale.