11:59 AM EST, 01/28/2025 (MT Newswires) -- Mullen Automotive ( MULN ) said Tuesday it received orders for five Mullen One electric cargo vans from two universities in Los Angeles and the San Francisco Bay Area in California.

The electric vehicle manufacturer said its Pape Group and Randy Marion Automotive Group dealer partners will fulfill the order.

Mullen shares were down 8.9% in recent trading.

Price: 0.30, Change: -0.03, Percent Change: -8.92