Mullen hired Donald Borthwick as Vice President of | Daily News Byte

BREA, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MUNL) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announced the hiring of Donald Borthwick as its Vice President of Commercial Sales.

Borthwick, who has more than 25 years leading commercial vehicle sales for Ford, will lead Mullen’s commercial vehicle sales for the US His previous accomplishments at Ford include:

• Commercial vehicle sales in the western region to grow by 18% (2008 – 2021), achieving regional volume and margin leadership annually
• Acquired and developed strategic relationships with key high-volume accounts in consumer retail, food service and package delivery
• Secured key automotive supplier relationship with leading last mile delivery company, growing account to become Ford’s second largest commercial customer
• Cultivated early EV adopter customers resulting in strategic early-stage EV system-fill orders (2022)

“Don is a highly accomplished and respected sales leader and will play a key role in establishing Mullen as a leader in the commercial EV category,” said David Michery, CEO and chairman of Mullen Automotive.

Borthwick will be established out of the recently opened Mullen Tech Center, located in Troy, Michigan.

“Don’s impressive track record and success in partnering with large commercial customers make him an ideal choice to lead our commercial sales team,” said John Schwegman, Chief Commercial Officer for Mullen Automotive.

About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of premium electric vehicles (EVs) that are affordable and made entirely in the United States. With an end-to-end ecosystem that supports owners from test driving to financing and servicing through a unique hybrid dealership model, customers are supported in every aspect of EV ownership. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen Commercial Class 1-6 EVs and Bollinger Motors, which features both B1 and B2 electric SUV truck and commercial offerings. The Mullen FIVE, the Company’s first electric crossover, is scheduled for delivery in 2024 and features an award-winning design and its patented PERSONA technology that uses facial recognition to personalize the driving experience for each individual. On September 7, 2022, Bollinger Motors became a majority EV truck company of Mullen Automotive and on Dec. 1, 2022, Mullen closed the acquisition of all Electric Last Mile Solutions (“ELMS”) assets including IP and a 650,000 square foot plant in Mishawaka, Indiana.

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this statement that are not statements of historical fact may be considered forward-looking statements. Words like “will continue,” “may,” “could,” “could,” “should,” “anticipate,” “expect,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “forecast,” “potential” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally in outside of Mullen’s control and difficult to predict. Examples of such risks and uncertainties include but are not limited to: (i) whether the appointment of Donald Borthwick will be beneficial to the Company; (ii) if the Company delivers its vehicles within the stipulated time frames; (iii) Mullen’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (iv) Mullen’s ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers related to its business; (v) Mullen’s ability to successfully expand in existing markets and enter new markets; (vi) Mullen’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (vii) unexpected operating expenses, transaction costs and actual or unexpected liabilities; (viii) the ability to attract and retain qualified employees and key personnel; (ix) adverse effect of increased competition on Mullen’s business; (x) changes in licensing and government regulation that may affect Mullen’s business; (xi) the risk that changes in consumer behavior may adversely affect Mullen’s business; (xii) Mullen’s ability to protect its intellectual property; and (xiii) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10- Q and current Form 8-K reports filed by Mullen with the Securities and Exchange Commission. Mullen expects that subsequent events and developments may cause a change in its plans, intentions and expectations. Mullen undertakes no obligation, and specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen’s plans and expectations as of any subsequent date.

Please contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

• Borthwick will lead Mullen’s Commercial EV Sales from Troy, Mich.