Brea, California, January 30, 2025

Mullen Automotive has taken a major step towards strengthening its U.S. battery production capabilities with the purchase of additional battery line equipment from Nikola Corporation. The newly acquired assets, delivered on January 27, 2025, will enhance the Fullerton, California, facility's ability to produce advanced battery packs and modules. The upgraded production lines will include two high-volume standard battery chemistry lines, a high-precision, low-volume R&D line for standard battery chemistry, a solid-state polymer R&D line, and a full battery testing laboratory. Mullen aims to begin production in the second half of 2025, contributing to the company’s broader commitment to reducing reliance on foreign battery imports while supporting its zero-emission goals.

This acquisition is part of Mullen's ongoing efforts to expand its U.S.-based manufacturing footprint. The company previously purchased battery production assets from Romeo Power, a subsidiary of Nikola, in September 2023, and has since sought additional support from the U.S. Department of Energy to fund these initiatives. Mullen is determined to lead the way in producing American-made battery components and systems, including for its electric commercial vehicles. By increasing its capacity to manufacture cutting-edge battery technologies, Mullen is positioning itself as a key player in the future of U.S. electric vehicle and energy solutions.