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Mullen Automotive's Electric Vehicle Sale to Princeton University Marks a Step Forward in Sustainable Campus Operations

By Editorial Staff
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the sale of the Mullen THREE, Class 3 EV box truck uplift to the facilities operations unit at&160;Princeton University. The Mullen THREE is expected to support the unit’s campus operations as well as contribute to its overall sustainability goals, including reaching zero emissions [&8230;]

TL;DR

Princeton University purchases Mullen THREE Class 3 EV box truck uplift for campus operations from Mullen Automotive, helping them reach sustainability goals.

Mullen Automotive, a Southern California-based company, has two U.S.-based vehicle plants and produces commercial electric vehicles such as the Mullen THREE.

The sale of the Mullen THREE to Princeton University contributes to their sustainability goals and helps in the journey toward a net-zero carbon emissions campus.

Mullen Automotive begins commercial vehicle production in Tunica, Mississippi, and receives IRS approval for federal EV tax credits on its commercial vehicles.

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Mullen Automotive's Electric Vehicle Sale to Princeton University Marks a Step Forward in Sustainable Campus Operations

Mullen Automotive, an emerging player in the electric vehicle (EV) market, has recently secured a significant sale to Princeton University, marking a pivotal moment in the adoption of EVs within the higher education sector. The university's purchase of the Mullen THREE, a Class 3 EV box truck, is a clear indication of the institution's dedication to sustainability and reducing its carbon footprint. This move aligns with Princeton's ambitious objective to achieve zero emissions for its on-campus service vehicles, showcasing the potential for EVs to transform campus operations.

The selection of the Mullen THREE by Princeton was influenced by its zero-emissions operation and versatility, highlighting the increasing recognition of EVs' value in daily institutional activities. This sale, facilitated by Pritchard EV, Mullen's national EV dealer partner, emphasizes the critical role of strategic collaborations in advancing the EV industry. David Michery, CEO and chairman of Mullen Automotive, highlighted the pride in partnering with Princeton on its journey towards a net-zero carbon emissions campus, reflecting the broader impact EV manufacturers can have on institutional sustainability efforts.

This transaction represents a key achievement for Mullen Automotive as it expands its footprint in the higher education market, bolstered by recent milestones such as the start of commercial vehicle production at its Tunica, Mississippi facility and IRS approval for federal EV tax credits on its commercial vehicles. The company's progress is further evidenced by the CARB and EPA certifications of its Mullen ONE and Mullen THREE models, enabling their sale across the U.S. and signaling Mullen's growing influence in the commercial EV space.

The sale to Princeton University not only underscores the rising demand for EVs across different sectors but also illustrates the potential for these vehicles to significantly reduce emissions in urban and campus settings. As educational institutions like Princeton take the lead in integrating EVs into their operations, they set a precedent for others to follow, potentially hastening the shift towards more sustainable transportation solutions. This development highlights the evolving perception of EVs as practical and environmentally friendly alternatives to traditional vehicles, especially in contexts where sustainability is a priority.

Mullen Automotive's expansion into the higher education sector and its recent sale to Princeton University exemplify the increasing adoption of EVs and their role in facilitating a greener future. As more organizations and institutions prioritize environmental sustainability, the demand for electric vehicles is expected to rise, offering substantial opportunities for manufacturers like Mullen Automotive to contribute to a more sustainable and emission-free world.

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Editorial Staff

Editorial Staff

@editorial-staff

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