Mullen Announces Arrival of the FIVE EV Crossover

The Mullen FIVE (formerly MX-05) enters final stages of engineering process this September. The Strikingly Different™ FIVE will debut to the world this coming November 2021

BREA, Calif. – Mullen Technologies Inc. (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, which 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, announces today the arrival of the Mullen FIVE EV Crossover.

Starting in September, Mullen will begin the final stages of the engineering and dry fit process of the Mullen FIVE in Irvine, California. The FIVE is built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a svelt design that is Strikingly Different™ and exciting to experience in person. Mullen is excited for the world debut of the FIVE this coming November.

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“I am beyond excited to showcase the Mullen FIVE. It’s amazing to see the FIVE go from vision to reality. Once you see it, you will be blown away,” said David Michery, CEO and chairman of Mullen. “We’ve researched, designed, engineered, and built the FIVE in America by Americans. We are very proud for the world to see the FIVE this coming November.”

About Mullen Technologies

Mullen Technologies is a Southern California-based licensed vehicle manufacturer that operates in various verticals of the businesses focusing on the automotive industry: Mullen Automotive, Mullen Energy, Mullen Auto Sales, Mullen Funding Corp., and CarHub. Each of these divisions provides Mullen with a diversity of products and services within the automotive industry. 

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