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MULLEN COMPLETES PURCHASE OF ADDITIONAL NIKOLA BATTERY ASSETS

Mullen Automotive, Inc., announced the purchase of battery line equipment from Nikola Corporation for its Fullerton, California, battery operations. The facility is dedicated to producing next-generation, American-made battery packs, modules and advanced solid-state polymers, which are critical components to Mullen’s commitment to zero emissions and to reducing reliance on key battery components imported from foreign countries. 

Recently purchased Nikola assets include a high-volume standard battery chemistry production line; and an electro-dynamic shaker system (vibration table) to be utilized for in-house laboratory testing of battery and overall system components.

Upon installation of the newly purchased equipment, Mullen will have the following battery production lines and testing capabilities in Fullerton. Two high-volume standard battery chemistry lines; high-precision, low-volume standard battery chemistry R&D line; high-precision, low-volume solid-state polymer R&D line; and full battery testing laboratory for current and future battery projects.

Mullen plans to produce its own commercial vehicle battery packs while also opening other industry applications and commercial sales opportunities.

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