Thursday, November 10, 2022

Breaking #EV #Stock News: BOLLINGER MOTORS (NASDAQ: $MULN) ANNOUNCES OUR NEXT ENERGY AS BATTERY SUPPLIER FOR ELECTRIC COMMERCIAL TRUCKS; @Mullen_USA

Breaking #EV #Stock News: BOLLINGER MOTORS (NASDAQ: $MULN) ANNOUNCES OUR NEXT ENERGY AS BATTERY SUPPLIER FOR ELECTRIC COMMERCIAL TRUCKS; @Mullen_USA

 

Our Next Energy (ONE) will build battery packs for Bollinger locally in Van Buren Twp., Michigan

 



 


DETROIT, MI, November 10, 2022 - (Investorideas.com Newswire) Bollinger Motors, which recently became a majority owned company of Mullen Automotive, Inc. (NASDAQ: MULN)has announced Our Next Energy will be supplying modular, linkable Aries battery packs to power its all-electric commercial platforms and chassis cabs.

 

Read this news, featuring MULN in full at https://www.investorideas.com/CO/MULN/news/2022/11101Our-Next-Energy-Battery-Supplier.asp

“ONE battery packs are ideal for our commercial trucks, giving our customers the range they need,” said Robert Bollinger, founder and CEO of Bollinger Motors. “The fact they’ll be built in the US and in Michigan is a huge advantage for us going forward.”

 

Bollinger's all-electric Class 4 through Class 6 chassis cabs are designed to meet commercial customers’ needs in a segment that often requires large payloads, sufficient range, durability, and longevity.

 

“We are pleased to provide Bollinger commercial vehicles with industry-leading range, using our Aries LFP battery platform,” said Mujeeb Ijaz, founder and CEO of ONE. “The Aries LFP chemistry contains no nickel and cobalt, offering superior durability and daily charging up to 100% without compromise."

 

"Halting development of our batteries in-house and teaming up with O.N.E. is a win-win in both technological advancement and production logistics," says Bryan Chambers, COO of Bollinger Motors. "We've not only advanced the quality of our product, but moved our fleet delivery dates closer."

 

Bollinger Motors will first launch their Class 4 Chassis Cab which is designed to hold 1 or 2 battery packs, depending on the customer’s desired range needs. Class 5 Platforms for walk-in van upfits will follow. The packs are expected to be available for Bollinger’s anticipated start of production in late 2023.ABOUT BOLLINGER MOTORS

 

Founded in 2015 by Robert Bollinger, Bollinger Motors is a U.S.-based company, headquartered in Oak Park, Michigan. Bollinger Motors will manufacture all-electric platforms and chassis cabs for commercial vehicles in Classes 4-6. www.BollingerMotors.com

 

PRESS CONTACT

BOLLINGER MOTORS

Valentine Oldham

Principal, Valentine PR

valentine@valentinepr.com

617 721 5392

 

ABOUT OUR NEXT ENERGY

Our Next Energy, Inc. (ONE) is a Michigan-based energy storage company focused on battery technologies that will radically accelerate the adoption of electric vehicles and expand the possibilities of next-level storage solutions. Our vision is simple: Double the range of electric vehicles; use safer, more sustainable raw materials; and establish a localized supply chain. This strategy will result in a reliable, cost-effective, and conflict-free supply chain. www.one.ai

 

PRESS CONTACT

OUR NEXT ENERGY

Sydni Williams

Communications Manager

swilliams@one.ai

734 272 2910

 

Forward-Looking Statements

Certain 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 Bollinger Motors and are difficult to predict. Examples of such risks and uncertainties include: (a) Bollinger Motors’ receipt of initial orders for the product by the anticipated availability date; (b) ONE’s ability to produce and deliver the product at anticipated production volume demands; (c) ONE’s ability to deliver a battery product with the expected range; (d) ONE’s ability to deliver the product at the anticipated cost; or (d) Bollinger Motors’ future business decisions related to in-house battery development. Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Motors’ ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Motors’ ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Motors’ ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Motors’ ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Motors’ business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Motors’ business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Motors’ business; (x) Bollinger Motors’ ability to protect its intellectual property; (xi) the vehicles developed will perform as expected and (xii) local, industry and general business and economic conditions. 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 Automotive, Inc., of which Bollinger Motors is a partially-owned subsidiary, with the Securities and Exchange Commission. Bollinger Motors anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Bollinger Motors 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 Bollinger Motors’ plans and expectations as of any subsequent date.

 

Wire Service Contact

InvestorWire (IW)

Los Angeles, California

www.InvestorWire.com

212.418.1217 Office

Editor@InvestorWire.com

 

Mullen Automotive, Inc. (OTCQB:MULN) is a featured EV stock on

Investorideas.com

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created:  Mullen Automotive, Inc. (MULN) is a paid featured EV stock. More details https://www.investorideas.com/About/News/Clientspecifics.asp. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Wednesday, November 09, 2022

#AIEye #Podcast 736: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqCM: $AEHL)



 

 

#AIEye #Podcast 736: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqCM: $AEHL)

 

GBT Receives Notice of Allowance for Facial/Body Recognition Patent Application, and Kylin cloud Enters Service Agreement for AI Enterprise

 

Global #AI-Powered #Storage Market to Reach $162.5B by 2031

 

Vancouver, Kelowna, Delta, BC – November 9, 2022  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2022/110922-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/11091GTCH-AEHL.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NasdaqCM:AEHL)

 

GBT Technologies Inc. (OTC PINK:GTCH) has received a notice of allowance for its facial and body recognition non-provisional patent application. According to the press release, the patent application “seeks to protect techniques to apply machine-learning to classify human facial and bodily features, enabling locking and unlocking functions for smartphones and computers.” Danny Rittman, GBT's CTO, explained:

 

“We believe this type of system can be of a great value for security applications such as identifying a person-of-interest in crowded places like airports, shopping malls and conferences. Another possible efficient application is facial identification for locking/unlocking electronic devices. As security systems have significantly evolved over the past decades, particularly for mobile devices and computers, we believe this type of technology can offer a strong protection layer against privacy and data theft. We believe this type of technology can be effective for various security applications, video censuring and fitness. It can also be implemented within a live stream video such as surveillance cameras or post imaging/video analysis. We plan to further invest in R&D efforts for the described technology, to evaluate superior security capabilities for individuals and businesses.”

 

Antelope Enterprise Holdings Limited (NasdaqCM:AEHL) has announced that its subsidiary, Hainan Kylin Cloud Services Technology Co., Ltd (Kylin Cloud), has entered into a Service Agreement Contract with Anhui Zhongzhou Innovation Industry Technology Co., Ltd. (Anhui Zhongzhou) to utilize its SaaS platform to help Anhui Zhongzhou recruit personnel for its artificial intelligence (AI) data services business. This, according to the press release, will see Kylin Cloud “recruit part-time personnel for Anhui Zhongzhou to help in their business development associated with data collection, data labelling and data annotation services for AI and machine learning for their clients.”

 

Global AI Powered Storage Market to Reach $162.5B by 2031

 

A report published by Allied Market Research finds that the global AI Powered Storage market is projected to grow from $15.6 billion USD in 2021 to $162.5 billion by 2031, registering a compound annual growth rate (CAGR) of 26.7 percent in the forecast period 2022-31. An excerpt from the report’s description outlines some factors influencing the market’s growth:

 

AI-powered storage is gaining popularity due to growing demand for artificial intelligence and machine learning. AI-powered storage utilizes advanced analytics which creates increased demand for business infrastructure. Moreover, it plays a crucial role in digitization and adoption of connected devices. Furthermore, the AI-powered storage market is anticipated to grow at a significant rate due to increased data volumes and a rise in the adoption of artificial intelligence services.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

About GBT Technologies Inc.

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/  Disclosure: GTCH is a paid featured AI stock Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Breaking #AI #Stock News: GBT's (OTCPK: $GTCH) Facial and Body Recognition Patent Application Received a Notice of Allowance; #ArtificialIntelligence

Breaking #AI #Stock News: GBT's (OTCPK: $GTCH) Facial and Body Recognition Patent Application Received a Notice of Allowance; #ArtificialIntelligence

 

The non-provisional patent describes an innovative, AI driven, image identification and recognition technology

 


San Diego, CA - November 9, 2022 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT" or the "Company") with GBT Tokenize Corp. ("GBT/Tokenize") received a notice of allowance for its facial and body recognition non-provisional patent application. The patent describes a pioneering technology for studying, identifying and recognizing features of an image, such as a human face or body. The patent application seeks to protect techniques to apply machine-learning to classify human facial and bodily features, enabling locking and unlocking functions for smartphone and computers. The described concepts are designed to learn and identify humans with/without facial or body coverage using advanced geometrical engine analysis. The invention incorporates proprietary image calibration algorithms to transform data from a point detector to evaluate a three-dimensional figure of a person. The technology is designed to use neural networks that learn the image's data, identifying unique features of a user's face or body and then mapping them into a database. An expert system then uses this information to construct a three-dimensional object model of the image. The techniques used in the technology are designed to use a machine learning based, three-dimensional modeling to construct and identify an in-depth figure in real-time. The described algorithms can learn features of a human face and body based on a complete or partial view where parts of the face or body are covered and identify the object's biometric variations and predict bodily changes like weight gain and other health related attributes.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2022/11091Facial-Body-Recognition-Patent.asp

 

"We are pleased to announce the issuance of the notice of allowance covering this technology. The patent application covers a wide range of unique methods and concepts to identify humans and objects features. We believe this type of system can be of a great value for security applications such as identifying a person-of-interest in crowded places like airports, shopping malls and conferences. Another possible efficient application is facial identification for locking/unlocking electronic devices. As security systems have significantly evolved over the past decades, particularly for mobile devices and computers, we believe this type of technology can offer a strong protection layer against privacy and data theft. We believe this type of technology can be effective for various security applications, video censuring and fitness. It can also be implemented within a live stream video such as surveillance cameras or post imaging/video analysis. We plan to further invest in R&D efforts for the described technology, to evaluate superior security capabilities for individuals and businesses" stated Danny Rittman, GBT's CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system or that it will be granted the patent (or prior provisional patent). In order to successfully implement this system, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) ("GBT") (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT's mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT's goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT's vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GTCH is a PR, social media and publishing client and compensates Investorideas.com https://www.investorideas.com/About/News/Clientspecifics.asp Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

 


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Breaking #EV #Stock News: Mullen (NASDAQ: $MULN) Enters into Agreement with Newgate Motor Group, one of Ireland’s most Recognized Auto Groups, to Distribute the Mullen I-GO™ in #Ireland and #UnitedKingdom; @Mullen_USA

Breaking #EV #Stock News: Mullen (NASDAQ: $MULN) Enters into Agreement with Newgate Motor Group, one of Ireland’s most Recognized Auto Groups, to Distribute the Mullen I-GO™ in #Ireland and #UnitedKingdom; @Mullen_USA

 

Dealer Group agrees to purchase 500 vehicles per year

 

·        Agreement appoints Newgate as marketing, sales, distribution and servicing agent for the Mullen I-GO in Ireland and the UK

·        Newgate will purchase initial units of the I-GO for vehicle demonstrations, marketing and sales opportunities with potential customers

·        Expected delivery date for the Mullen I-GO samples is December 20, 2022

 

 



Mullen I-GO: Urban Commercial Delivery Electric Vehicle

 

 


BREA, Calif., November 9, 2022 – (Investorideas.com Newswire) Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it has entered into an agreement to appoint Newgate Motor Group, one of Ireland’s most recognized dealership groups, as marketing, sales, distribution and servicing agent for the Mullen I-GO in Ireland and the United Kingdom.

 

Read this news featuring MULN in full at https://www.investorideas.com/CO/MULN/news/2022/11091I-GOTM-Ireland-UK.asp

 

Newgate Motor Group has over forty years of experience in the motor industry and has built up an excellent reputation during that time. They are well respected in the auto industry and represent several brands including Renault/Dacia, Kia, and Mercedes Benz. In addition to being a key retail group in Ireland, they also have substantial relationships in the vehicle distribution business throughout the United Kingdom and various parts of Europe. Newgate Motor Group also represents XBUS and Evetta electric vehicles from the German based company Electric Brands.

 

The I-GO is Mullen’s recently announced urban commercial delivery vehicle designed to bridge the gap between the growing demand for quick deliveries and space constraints in dense cities throughout Europe. The Mullen I-GO is EU standard homologated, certified, and ready for sale in initial markets of UK, Germany, Spain, France, and Ireland, with the first vehicles set for Germany in December 2022.

 

Mullen and Newgate will also enter into a Dealer Agreement which will encompass, sales

training, service training, flooring, parts, warranty and similar matters that an OEM would

typically provide to its dealers.  That agreement will also address the terms upon which

Newgate Motor Group will purchase the initial units of the I-GO for vehicle demonstrations

and the 500 vehicles per year purchase order. The expected delivery date on first shipment

of vehicles is December 20, 2022.

 

“This is a highly strategic partnership for Mullen, with Newgate being one of Ireland’s most recognizable dealers for New and Used vehicles; it brings us an incredible opportunity to enter the commercial EV market in Europe with a very successful retail group,” said David Michery, CEO and chairman of Mullen Automotive. “We are currently working closely with Newgate on the importation, registration, and licensing requirements for the successful import and distribution of the I-GO into Ireland and the United Kingdom.”

 

“We believe the Mullen I-GO is the logistical solution the European market is looking for as demand increases for zero emission delivery vehicles. The demand for zero emission, compact, delivery vehicles has never been higher, we believe Mullen have produced a vehicle to meet this demand and has the potential to command a substantial market share” said James Ring, General Manager Newgate Motor Group.

 

The I-GO will join Mullen’s current commercial vehicle lineup, which includes Class 1 and 2 EV cargo vans. Mullen recently made a majority acquisition of Bollinger Motors, whose portfolio includes Class 3 through Class 6 commercial vehicles. In addition to securing the exclusive sales, distribution, and branding rights for the I-GO for Spain, France, Germany, UK, and Ireland, the Company entered into an Asset Purchase Agreement to acquire all assets of Electric Last Mile Solutions, Inc. and Electric Last Mile, Inc. (“ELMS”) from the ELMS Bankruptcy Estates.

 

About Mullen

Mullen Automotive is a Southern California-based automotive company building the next generation of premium electric vehicles (EVs) that are affordable and built entirely in the United States. With an end-to-end ecosystem that supports owners from test driving to financing and servicing through a unique hybrid dealership model, customers are supported through every aspect of EV ownership. The Mullen FIVE, the Company’s first electric crossover, is slated for delivery in 2024 and features an award-winning design and its patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. To learn more about the company, visit www.MullenUSA.com.

 

About Newgate Motor Group

Newgate Motor Group is an Irish family-owned business and one of Ireland’s most recognized vehicle retailers. Newgate currently represent several brands including Renault passenger cars and commercial vehicles, Dacia, Kia and Mercedes-Benz. Newgate offers the highest level of service and expertise whether customers wish to maintain current vehicles or are looking to upgrade to a New or Used car. We stock the latest models and a wide variety of used cars from small to luxury premium vehicles. We are also authorized to facilitate your vehicle finance requirements, and we stock the full range of Mercedes-Benz &, Renault, Dacia and Kia genuine parts. Newgate Motor Group boasts a state-of-the-art facility in Navan, with workshops equipped to service and maintain Renault, Dacia Kia & Mercedes vehicles.

 

Forward-Looking Statements

Certain 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 but are not limited to whether: Mullen and Newgate Motor Group will agree on terms of the Dealer Agreement, including but not limited to the terms of the 500 vehicles per year purchase order; whether the Sample I-Go’s will be delivered to Newgate within the expected  time frame; whether the agreement and relationship with Newgate Motors Group will be a success and whether the I-Go will be a success in the European or other markets.  Additional examples of such risks and uncertainties include but are not limited to: (i) Mullen’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Mullen's ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Mullen’s ability to successfully expand in existing markets and enter new markets; (iv) Mullen’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Mullen’s business; (viii) changes in government licensing and regulation that may adversely affect Mullen’s business; (ix) the risk that changes in consumer behavior could adversely affect Mullen’s business; (x) Mullen’s ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. 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) 613-1900

www.MullenUSA.com

 

Wire Service Contact:

InvestorWire (IW)

Los Angeles, California

www.InvestorWire.com

212.418.1217 Office

Editor@InvestorWire.com

 

Mullen Automotive, Inc. (OTCQB:MULN) is a featured EV stock on

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