Mullen is an innovative automaker specializing in electric vehicles. The startup, which was founded in 2014 is competing against well-established titans such as Tesla, Rivian, and Lucid.
In this article, we look at the potential of Mullen cars and what the company plans to do in the coming years.
However, before evaluating the potential of this company, it is essential to first look at the models offered by it.
Vehicles Ready For Reservation
Not all of the brand’s vehicles are currently available for reservation. For now, just the Mullen Five can be reserved and individuals interested in making a reservation can do so right away by visiting the official Mullen website.
The good news for potential buyers is that the reservation unit limit has been enhanced from 5000 to 25000, which means you now have five times more chances of booking yours.
Mullen Five is an all-electric SUV crossover with a 523-kilometer range. It can reach 250 kph and accelerate from 0 to 97 kph in 3.2 seconds, indicating that the vehicle is well-equipped to outperform many competitors.
The vehicle has a starting price of €51,542 (£43,753).
Upcoming Mullen Vehicles
Here are all of the upcoming vehicles of the brand:
Mullen is all set to launch the DragonFly any time soon. This cutting-edge vehicle will have a range of 236 miles.
The DragonFLY promises an exhilarating experience with its ability to accelerate from 0 to 60 mph in 4.6 seconds and a top speed of 125 mph.
The Mullen One commercial cargo vans will have a very low carbon footprint.
The vehicles will not only assist businesses in meeting their needs in style, but they will also play a role in keeping the planet green. These vans will be offered in two different classes, detail is as follows:
– Class 1
Class 1 vans will be the smaller variants, with a 120-inch wheelbase, 210 cubic feet of storage space, a 40.3-kWh battery pack, and a range of 160 miles.
– Class 2
The class 2 vans will be larger, with a 144-inch wheelbase, 420 cubic feet of storage space, a 78.8-kWh battery, and a range of over 200 miles.
Mullen’s Growth Potential
The company has recently been listed on NASDAQ and will trade as “MULN”. This demonstrates the enormous potential that investors see in this EV startup.
The Mullen Five recently won the “Top SUV” award at the 2021 LA Auto Show’s ZEVAS Awards.
This is significant given that Tesla SUVs such as the Model X and Model Y are already excellent vehicles, not only in terms of performance but also in terms of safety.
When Will Mullen Vehicles Be Seen On Roads?
According to the company’s official website, production of the Mullen Five will begin in late 2023, with customers receiving their vehicles in the second quarter of 2024.
So, in a broad sense, expect to see Mullen Five on US roads by the middle of 2024.
When Will European Customers Get Mullen Vehicles?
There is no definite news regarding the date when the company’s vehicles will be available for sale in Europe.
With the company still booking orders for US deliveries and informing customers that they can expect them by mid-2024, it is expected that the company will be unable to enter the European market anytime soon.
Mullen may be skeptical of its sales potential in the European market, but with other major EV manufacturers, including Rivian, already gearing up to offer their vehicles in the European market, Mullen will need to act swiftly if it wants a piece of the pie.
Although Mullen has made strides in gaining customer trust, with Tesla and Rivian leading from the front in the US market, at the very least, Mullen will need to exemplify exceptional performance to gain a foothold in the market.