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Mullen Technologies
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Short description

Developer of low cost electric vehicles

Founded in 2014
Founded in

Company type Public Public (MULN)
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Benicia, CA Benicia, United States
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  • 1 M&A items
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Date Company
Partnerships
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Date Partner Type
09/26/2021
Hofer Powertrain Hofer Powertrain
Mullen Technologies and Hofer Powertrain partner to produce electric drives.
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Confirmed by Hofer Powertrain
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Investment Rounds
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IPO INFORMATION

Date

11/09/2021

IPO status

Listed

IPO Type

SPAC

Amount

Initial shares

Ticker symbol

MULN

Exchange listed

Nasdaq

Prospectus URL

Prospectus

Source URL

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Description

Mullen Technologies has completed a reverse merger with SPAC Net Element and is now listed on the Nasdaq.

Date Investors Type Amount
07/15/2020 Axiom Financial Axiom Financial (1)
Post-money valuation of
This funding will be used to acquire and build out an electric vehicle manufacturing plant.
Project Finance $135,000,000
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