Benzinga | Dec 20, 2021 02:43PM EST

Mullen Inks Partnership With Drr For EV Manufacturing Footprint

* Mullen Automotive Inc (NASDAQ:MULN) has signed a strategic partnership with D?rr Group, a mechanical and plant engineering firm. The financial terms of the arrangement were not disclosed.

* D?rr will be supporting Mullen's Advanced Manufacturing and Engineering Center (AMEC) with full integration for vehicle assembly and complete paint shop technologies. AMEC is located outside Tunica, Mississippi.

* "Our goal is to have the best and most efficient manufacturing footprint in the U.S. and D?rr is a key partner in achieving this effort," said David Michery, CEO and chairman of Mullen Automotive.

* Price Action: MULN shares are trading lower by 4.70% at $5.47 on the last check Monday.