BREA, Calif., – Emerging electric vehicle manufacturer, Mullen Automotive, announces solid-state polymer battery testing with Battery Innovation Center (BIC). BIC focuses on the rapid development, testing, and commercialization of safe, reliable, and lightweight energy storage systems for defense and commercial customers.
Since 2013, Battery Innovation Center’s mission has been to promote the rapid development, testing, commercialization, and advanced learning of safe, reliable, high-performance, and lightweight energy storage systems for commercial, defense, academic partners, and industry. BIC is a collaborative initiative designed to incorporate leadership from renowned universities, government agencies, and commercial enterprises.
Previously Mullen highlighted test results conducted by EV Grid. Tom Gage from EV Grid was recently featured on Risk On Podcast to discuss previously reported results. The test data collected by EV Grid showed an impressive outcome and future for solid-state batteries. The solid-state battery cell was rated at 300 Ah (ampere-hour); at test, the battery yielded 343 Ah at 4.3 volts. When scaled to the vehicle pack level, it expects that this technology, a 150-kilowatt hour solid-state battery, can deliver over 600 miles of range on a full charge for the Mullen FIVE EV Crossover. In general, solid-state batteries offer higher energy density, faster charging time, smaller size, and safety compared to traditional lithium-ion cells.
On Nov. 5, 2021, Mullen began trading on the Nasdaq Capital Markets LLC (“Nasdaq”) under the new stock ticker symbol “MULN.” Since Mullen’s first quarter as a public company starting in Q4 ’21, the Company has debuted two versions of the Mullen FIVE show cars and announced the purchase of a vehicle manufacturing facility in Tunica, Mississippi. At the end of Q2 ’22, Mullen reported over $65 million in cash and cash equivalents for continued momentum and program development.
Mullen has recently revealed a string of critical partnerships with hofer powertrain, Comau, ARRK, Dürr, and DSA Systems for EV powertrain, engineering, manufacturing, vehicle production systems, and Over the Air (OTA) and vehicle system diagnostics, respectively. The Company expects these strategic developments to play a vital role in bringing the EVs to market with the latest technology and in the shortest amount of time.
Mullen’s EV development portfolio contains the Mullen FIVE EV Crossover, the Mullen ONE EV Fleet Vans, and the DragonFLY Sports Car. 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 Different™” and exciting to experience in person. The Mullen FIVE was also named “Top Zero Emission SUV” as part of the ZEVA® Awards at the Los Angeles International Auto Show in November 2021, where it made its debut. The Company has also recently filed over 120 patents in 24 countries related to the Mullen FIVE. The Mullen ONE, coming to market in Q2 2022, will be available in two categories of electric vans and will be designed, manufactured, and customized by Mullen at its Tunica, Mississippi, manufacturing facility.
