EV Maker Mullen Technologies Purchases Advanced Manufacturing Facility in Mississippi

Mullen Technologies Inc., a U.S electric vehicle EV manufacturer, has signed a definitive agreement to purchase a manufacturing facility in Tunica, Mississippi. Under Mullen ownership, the facility will be known as Mullen’s Advanced Manufacturing Engineering Center (AMEC) and Proving Grounds.

The vehicle assembly line is slated to begin in Q3 2021.  

Located just 50 miles from Memphis, Tennessee, the 120,000 sq ft AMEC facility sits on 100 acres and will employ approximately 50 people in the first year, with the objective of expanding to 200 employees in three years. 

Mullen is currently working on getting its first mid-size, all-electric SUV to market and is set to unveil the initial concept vehicle in the coming months. In anticipation of the vehicle, Mullen has already begun taking pre-orders. 

David Michery, CEO and Chairman of Mullen Technologies, says: “Our goal is to sustain 100% of our manufacturing processes in the US and by US workers. With the establishment of AMEC in Tunica, we are among the very few EV companies that have a manufacturing presence in the US. Tunica will allow us to perfect the engineering and manufacturing processes involved in building our EVs, which is a critical step before investing in a high-volume production and assembly plant.  This facility is ideal for Mullen’s upcoming initiatives and will be pivotal in allowing us to get to the production of our vehicles in less than typical time.” 

Mullen has previously announced a definitive agreement to merge with Net Element Inc. (NASDAQ: NETE) in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company.