Mullen Automotive files U.S. Department of Energy ATVM loan application for Mullen ONE EV Cargo Van Program

via InvestorWire -- Mullen Automotive, Inc. (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces the filing of its ATVM loan application for the Mullen ONE EV Cargo Van Program with the U.S. Department of Energy. The application was filed on April 29, 2022. 

Mullen submitted its prequalification on April 25, 2022, and was invited by the Department of Energy to formally submit its loan application on April 29, 2022.  Mullen submitted the loan application on April 29 at approximately 1:55 p.m. Pacific time.

“We are proud to announce the submission of our ATVM loan application for the Mullen ONE EV Cargo van program,” said David Michery, CEO and chairman of Mullen Automotive. “We began our ATVM loan journey in 2019, and the DOE has been following our progress since then. I want to thank the entire Mullen Automotive team for working diligently on this submission. I also want to thank the DOE for their continued support of our initiative to put Americans back to work. This is a huge milestone for us, with many more to follow.”

The Mullen ONE EV is a Class 1 light commercial cargo van rated under 6,000 pounds GVRW and will be one of the first electric commercial vehicle offerings in this category. Market leaders in the Class 1 light commercial van category include the Ford Transit Connect and Ram Promaster City Cargo Van. Find out more about Mullen’s EV Cargo Vans at Mullenusa.com.

The ATVM Loan Program was authorized by the Energy Independence and Security Act of 2007 to support the manufacturing of eligible light-duty vehicles and qualifying components in the United States. Since the start of the program, the Department of Energy has closed on more than $8 billion in loans.