Mullen Automotive Hires Former GM Executive John Schwegman To Oversee EV Growth

Mullen Automotive Inc MULN has appointed John Schwegman as its Chief Commercial Officer (CCO) for its line of commercial vehicles.
Previously Schwegman spent 35 years of his career at General Motors Co GM at various executive-level roles.
At GM, he oversaw the growth of commercial product lines, repositioned core brands, developed Chevrolet's core electric vehicle prioritization, relaunched GM's previously retired medium-duty commercial fleet business.
Schwegman's primary focus will be on growth strategy for Mullen's lineup of commercial EVs, covering Class 1 through Class 6 of light- and medium-duty trucks.
Mullen's current commercial vehicle lineup includes Class 1 and 2 EV cargo vans.
The automaker recently made a majority acquisition of Bollinger Motors, whose portfolio includes Class 3 through Class 6 commercial vehicles.
"John has tremendous experience in commercial automotive sales, and this makes him a highly strategic addition to Mullen," said CEO David Michery.
Also Read: Mullen Automotive Takes Controlling Stake In Bollinger Motors, Marking Its First EV Acquisition
Price Action: MULN shares are trading lower by 3.17% at $0.34 on the last check Friday.