Mullen Automotive Inks Strategic Partnership With DSA Systems

Mullen Automotive Inc MULN has inked a strategic partnership with DSA Systems, a vehicle system diagnostics, and remote over-the-air OTA technology provider. The financial terms were not disclosed.
DSA develops hardware and software solutions for enabling diagnostic processes at all stages of the vehicle life cycle.
Mullen and DSA will work together on developing proprietary vehicle diagnostics and remote OTA capabilities for the Mullen FIVE EV Crossover.
"Ideally, we will be able to proactively identify a potential vehicle issue, remotely update and fix the issue, all while the vehicle is parked at the customer's home and not a dealership waiting for service," said CEO and chairman David Michery.
Price Action: MULN shares are trading lower by 5.35% at $5.13 on the last check Wednesday.

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