By Sam Boughedda
Investing.com -- Mullen Automotive Inc (NASDAQ:MULN) stock rallied 28.9% Monday after a recent CarBuzz piece featured the company's high-performance electric vehicle crossover.
CarBuzz, a car-related news site with over 9 million monthly visitors, featured the company's new EV Crossover, the Mullen FIVE, as well as interviews with CEO and chairman of Mullen Automotive, David Michery, and Vice President of Mechanical Systems, Marian Petrelecan. It also covered Mullen's financial model, partnerships, and market strategy.
"I had a great discussion with Ian from CarBuzz about our EVs and plans for the future," said Michery. "I'm delighted that leading automotive publications like CarBuzz are covering Mullen and providing readers with an opportunity to learn more about us."
Mullen recently announced partnerships with hofer powertrain, Comau, ARRK, Dürr and DSA Systems for EV powertrain, engineering, manufacturing, vehicle production systems, and Over the Air and vehicle system diagnostics.
In a press release, Mullen said that it expects the partnerships to play a "crucial role in bringing the FIVE to market with the latest technology and in least amount of time."