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Mullen Automotive, Loop Global and Menzies Aviation Pilot New Electric Vehicles and Charging Infrastructure at Los Angeles International Airport
Mullen Automotive, Inc. Menzies, with over 8,000 vehicles in its global fleet, has started evaluation of Mullen Class 1 EV cargo vans along with EV charging infrastructure from Loop Global across its operations at Los Angeles International Airport Mullen, Menzies Aviation and Loop Global Begin Pilot at LAX Mullen Commercial Class 1 EV Cargo Van Pilot at Los Angeles International Airport Mullen EV Charging Powered by Loop EV Global Class 1 EV Cargo Van Charging at LAX BREA, Calif., Feb. 02, 2023 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces a pilot program for Class 1 EV…
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Electric vehicles confront the leap to the mass market
DETROIT, Dec 15 (Reuters) – The past 12 months was sobering for buyers who poured income into Tesla Inc (TSLA.O) and rival electrical car or truck startups that hoped to emulate Tesla CEO Elon Musk’s good results. As curiosity prices rose and money markets gyrated, shares in a lot of EV startups deflated. Rivian Automotive Inc (RIVN.O), which experienced a better sector price than Ford Motor Co (F.N) shortly after it went community in 2021, misplaced additional than 70{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of its value about the earlier yr. Other EV startups fared worse. Electric powered van maker Arrival warned it could run out of funds in considerably less than a calendar year.…
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Mullen Automotive shows off new electric vehicle
MEMPHIS, Tenn.– Mullen Automotive is scheduled to start making business electrical autos upcoming year in Tunica County, Mississippi, bringing hundreds of positions to the area. The firm will be making the cars at a freshly acquired property in Indiana and make electrical commercial cargo automobiles at its facility in Tunica County, previously dwelling to Inexperienced Tech Automotive. California enterprise ideas electric vehicle producing plant in Memphis with much more than 400 jobs Eco-friendly Tech closed functions in 2017 after filing for personal bankruptcy. Mullen designs to retain the services of as many as 500 staff when output and enlargement get area. The Tunica internet site presently has the excellent footprint…
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Founder of troubled electric van maker Arrival steps aside as CEO | Automotive industry
The founder of the electrical van start-up Arrival has stepped apart as main government shortly soon after a chaotic technique U-change in which it shifted aim from the British isles to the US. Denis Sverdlov, a Russian telecoms billionaire, will be changed by Peter Cuneo, the former head of Marvel Amusement until eventually its sale to Disney. Cuneo led the inventory industry listing early very last 12 months that injected $660m (£548m) into the company at the height of a global electric motor vehicle expense frenzy. Sverdlov, who remains a significant shareholder, will continue to be with the enterprise, swapping roles with Cuneo, who has been serving as chair of…