Mullen to sell 250 Class 3 electric trucks to leasing firm

EV manufacturer Mullen Automotive has signed a vehicle purchase agreement with national fleet leasing provider MGT Lease Company for 250 commercial Mullen 3 cab-chassis electric trucks. 

The contract is valued at $15,755,000, and vehicle delivery will be completed in phases between August and December 2023. The orders will be fulfilled through Randy Marion Automotive Group, a distributor of Mullen’s commercial EVs.

MGT is a Mullen Automotive repeat customer, having initially purchased electric cargo vans in March 2023. MGT’s order follows Randy Marion’s initial order for 1,000 units placed in early May 2023.

The Mullen 3 weighs 5,189 pounds and has a maximum payload of 5,802 lbs and a GVWR of 11,000 pounds. Its 120 kW electric motor and 89 kWh battery give it a power output of 160 hp and a range of 130 miles.

“Our agreement with MGT enables them to offer their fleet customers a competitive commercial EV vehicle offering, including both our EV cargo van and now the larger Class 3 EV truck,” said David Michery, CEO and Chairman of Mullen Automotive.

Source: Mullen Automotive

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