Mullen Automotive Plans To Rebrand Chinese Vans As Its Own Alleges Short Seller
Brea, California-based electric vehicle firm Mullen Automotive has become the latest target of renowned short-seller Hindenburg Research. Hindenburg rose to fame earlier when its report on Nikola Corporation, an electric truck manufacturer, resulted in a significant shakeup at the company. Its latest alleged reveal about Mullen is equally hard-hitting, as the research firm claims that Mullen has misled the public about its battery testing progress, a joint venture to manufacture its sold state batteries and that its announcement of manufacturing two electric vans is in reality centered around vehicles that it has imported from China and that it intends to brand them under its own name....