Mullen Automotive signs $210M agreement with Volt Mobility for 3,000 EVs in UAE region

BOLLINGER INNOVATIONS, INC.

Purchase agreement for $210M over 16 months; Mullen to receive initial $3M deposit within 60 days.
Volt Mobility commits to 3,000 Class 1 and Class 3 EV cargo vans/trucks for exclusive UAE distribution.
First vehicles ship immediately; assembled at Mullen's Tunica, MS facility capable of 20K Class 1 annually.
Volt leases to corporate clients including UPS, DHL, FedEx in GCC region (Bahrain, Kuwait, Oman, Qatar, Saudi, UAE).
Agreement term of 16 months, auto-renewing 12 months; service center to be set up in UAE.

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