30th November 2023

Better business. Better community

Business Industry and Financial

Mullen Automotive, Loop World wide and Menzies Aviation Pilot

BREA, Calif., Feb. 02, 2023 (Globe NEWSWIRE) — by using InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an rising electrical car (“EV”) manufacturer, announces a pilot method for Course 1 EV cargo vans with Menzies Aviation (“Menzies”) and Loop World-wide Inc. (“Loop”) at Los Angeles International Airport (“LAX”). Menzies operates in 250-furthermore airports in 58 international locations, giving floor, air cargo and gasoline expert services to business airports and airways. 

Menzies Aviation, the world’s greatest aviation providers corporation, is piloting Mullen Automotive electric vans and Loop International charging infrastructure across its operations at LAX as it appears to be like for modern remedies to help its formidable goal of turning out to be carbon neutral by 2033.

Menzies has a global fleet of 27,000 ground services products, like in excess of 8,000 vehicles, at 250-as well as airports around the globe and is committed to switching to electrical anywhere possible to lower emissions in line with its sustainability approach. 

Mullen and Menzies have agreed to a 60-working day pilot method that will consider the Class 1 electrical auto (EV) cargo vans in numerous use circumstances throughout Menzies’ LAX operations, this sort of as transporting cabin cleansing groups to aircraft.

Loop will offer EV charging infrastructure and fleet operations software to provider the Mullen electric powered vans by its electrical auto fleet as-a-company (EVFaaS) software. With the Loop cloud-centered Charger Management Program (CMS), Menzies will be able to demand Mullen’s electric cars in between each and every change to keep them powered for each day operations across LAX. 

John Redmond, government vice president Americas, Menzies Aviation, reported: “Collaborating with suppliers, airports and our airline clients is absolutely essential for Menzies to attain its sustainability aims. We have dedicated to switching to electric powered automobiles wherever attainable to lower our carbon emissions nevertheless, charging infrastructure can be a barrier, so it is excellent to be working with both of those Mullen and Loop to pilot a answer at LAX. Early opinions is favourable, and I’m searching ahead to seeing the benefits from this collaboration.”

Dustin Cavanaugh, CEO of Loop World wide, Inc., mentioned: “The group at Loop is honored to have this option to produce these kinds of a groundbreaking enterprise in collaboration with Mullen and Menzies. We hope this pilot at LAX is just a stepping stone in ushering in a new period of fleet electrification at airports in the course of the world.”

David Michery, CEO and chairman of Mullen Automotive, explained: “Menzies is a very well-respected chief in the aviation marketplace. Our commercial EVs are a pure match for airport support and logistics functions. Performing alongside one another with Menzies and Loop offering a complete EV ecosystem answer is a excellent opportunity for Mullen.”

About Menzies

Menzies Aviation has been evolving considering the fact that 1833 to turn out to be the world’s biggest aviation expert services company with functions on 6 continents. Headquartered in London, Menzies supplies time-critical ground services, fuel solutions and air cargo expert services at extra than 250 airports in 58 nations, supported by a crew of above 35,000 extremely qualified folks. Finest-in-class safety and stability are the No. 1 precedence every day.

To learn a lot more about the company, take a look at www.MenziesAviation.com.

About Loop
Loop is one of the fastest-rising electric powered motor vehicle charging community infrastructure businesses in the entire world. The corporation delivers turnkey hardware, computer software and ongoing operating company-based mostly answers that simplify and streamline the shipping and delivery of price tag-helpful general public and private EV charging community infrastructure for business, multifamily household, fleet and municipal genuine estate marketplaces. Because its launch in 2019, Loop has grown to offer thorough EV charging remedies in all 50 U.S. states as effectively as over 15 international locations and growing.

To learn extra about the enterprise, check out www.LoopGlobal.com.

About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-dependent automotive company setting up the upcoming generation of electric autos (“EVs”) that will be manufactured in its two United States-centered assembly vegetation. Mullen’s EV improvement portfolio includes the Mullen Five EV Crossover, Mullen I-GO Industrial Urban Shipping EV, Mullen Commercial Class 1-3 EVs and Bollinger Motors, which features both equally the B1 and B2 electric SUV vehicles and Course 4-6 professional offerings. On Sept. 7, 2022, Bollinger Motors grew to become a greater part-owned EV truck business of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all of Electric Past Mile Solutions’ (“ELMS”) property, which includes all IP and a 650,000-square-foot plant in Mishawaka, Indiana.

To study more about the Business, visit www.MullenUSA.com.

Ahead-Seeking Statements
Particular statements in this press release that are not historic facts are ahead-seeking statements inside the that means of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this push launch that are not statements of historic truth may be considered ahead-wanting statements. Text this kind of as “keep on,” “will,” “might,” “could,” “ought to,” “hope,” “envisioned,” “ideas,” “intend,” “anticipate,” “feel,” “estimate,” “predict,” “possible” and similar expressions are intended to discover these ahead-looking statements. All forward-wanting statements require important risks and uncertainties that could cause genuine success to differ materially from these expressed or implied in the forward-hunting statements, many of which are commonly outside the control of Mullen and are difficult to predict. Illustrations of these types of risks and uncertainties include but are not restricted to irrespective of whether the pilot system for Course 1 EV cargo vans with Menzies and Loop will be a achievement or result in any motor vehicle orders. Extra illustrations of these kinds of challenges and uncertainties include but are not confined to: (i) Mullen’s ability (or lack of ability) to attain additional funding in enough quantities or on satisfactory terms when necessary (ii) Mullen’s skill to preserve present, and secure extra, contracts with manufacturers, elements and other support suppliers relating to its small business (iii) Mullen’s skill to properly broaden in present markets and enter new marketplaces (iv) Mullen’s skill to efficiently manage and integrate any acquisitions of organizations, methods or systems (v) unanticipated running expenses, transaction expenditures and precise or contingent liabilities (vi) the capacity to draw in and keep experienced workforce and important personnel (vii) adverse effects of increased level of competition on Mullen’s organization (viii) adjustments in governing administration licensing and regulation that may well adversely affect Mullen’s organization (ix) the threat that modifications in purchaser habits could adversely affect Mullen’s organization (x) Mullen’s skill to shield its intellectual property and (xi) community, sector and general company and economic circumstances. Extra variables that could lead to real outcomes to vary materially from those expressed or implied in the ahead-hunting statements can be discovered in the most new annual report on Sort 10-K, quarterly studies on Form 10-Q and present reports on Form 8-K submitted by Mullen with the Securities and Trade Fee. Mullen anticipates that subsequent occasions and developments might bring about its options, intentions and expectations to adjust. Mullen assumes no obligation, and it specially disclaims any intention or obligation, to update any forward-searching statements, no matter whether as a final result of new details, long run occasions or or else, apart from as expressly expected by law. Forward-hunting statements communicate only as of the date they are created and should not be relied on as symbolizing Mullen’s strategies and expectations as of any subsequent date.

Get in touch with:
Mullen Automotive, Inc.
+1 (714) 613-1900

Company Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
310.299.1717 Place of work
[email protected]

  • Mullen, Menzies Aviation and Loop World-wide Begin Pilot at LAX
  • Mullen EV Charging Powered by Loop EV Global