Benzinga | Nov 22, 2021 08:35AM EST

Mullen Auto Reports Reservation Limit For Co.'s FIVE Electric Vehicle Crossover Been Increased To 25K Initial Reservations

Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today that the reservation limit for the Mullen FIVE EV Crossover has been increased to 25,000 initial reservations. The first 25,000 reservations will also receive a custom "launch" edition for vehicle trim package options. FIVE Reservations are currently open and can be made on Mullenusa.com for a refundable $100 deposit.

The Mullen FIVE EV crossover debuted on the main stage of the LA Auto Show on Wednesday, Nov. 17, 2021. Demand has been overwhelmingly high with increasing media attention and consumer interest. Vehicle reservations reached all-time highs on Saturday, Nov. 20, 2021.

"I am gratified by the level of interest on the Mullen FIVE. Our LA Auto Show booth is seeing strong traffic, positive reaction and response to the FIVE," said David Michery, CEO and chairman of Mullen Automotive. "The FIVE is the center point of our company effort and focus."

"We've decided to increase the limit of the total number of FIVE reservations from 5,000 to 25,000 vehicles due to the strong demand in the first three days of the show," said Jason Putnam, vice president of marketing for Mullen Automotive. "By establishing a 25,000 reservation limit, this allows us to offer a very special trim option package that will only be available to our initial "launch" customer set."

Mullen is displaying multiple variants of the FIVE model while also showcasing powertrain, battery and charging technology at the LA Auto Show in the south hall of the convention center at booth S-101. The FIVE is on display through Sunday, Nov. 28, 2021. The Mullen FIVE also won the Top EV SUV award, beating out the Lincoln Aviator Grand Touring and Rivian R1S, to win the LA Auto Show 2021 Zero Emission Vehicle Award (ZEVAS(tm)) in the "Top SUV ZEV" category.

The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelte design that is "Strikingly DifferentTM" and exciting to experience in person. Learn more about the Mullen FIVE at MullenUSA.com.