11:29 AM EDT, 07/15/2024 (MT Newswires) -- Mullen Automotive ( MULN ) said Monday its Bollinger Motors unit agreed to sell 70 class 4 Bollinger B4 commercial electric trucks to Doering Fleet Management.

The order is valued at roughly $11.5 million, with the first vehicle deliveries expected later this year, the company said.

Mullen shares were down 1.4% in recent trading.

Price: 2.05, Change: -0.03, Percent Change: -1.44