Mullen Inks Partnership With Dürr For EV Manufacturing Footprint

Mullen Automotive Inc MULN has signed a strategic partnership with Dürr Group, a mechanical and plant engineering firm. The financial terms of the arrangement were not disclosed.
Dürr will be supporting Mullen's Advanced Manufacturing and Engineering Center (AMEC) with full integration for vehicle assembly and complete paint shop technologies. AMEC is located outside Tunica, Mississippi.
"Our goal is to have the best and most efficient manufacturing footprint in the U.S. and Dürr is a key partner in achieving this effort," said David Michery, CEO and chairman of Mullen Automotive.
Price Action: MULN shares are trading lower by 4.70% at $5.47 on the last check Monday.

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