BREA, California, Nov 20th, 2018 – Mullen Technologies Inc. announces the opening of its new Suzhou/Shanghai Regional Offices and its expanded presence in the China market. The region is a strategic choice for Mullen since Shanghai, as China’s largest city and a global financial hub also hosts several major suppliers and automotive OEMs, including key partners for Mullen, which are in close vicinity of this region.
Mullen also announces the hiring of Qingyuan Hu, PhD, Mechanical Engineer as a Program Manager based in the new regional offices. Hu will play a strategic role in Mullen’s international coordination, program and project management.
Qingyuan Hu obtained a Mechanical Engineering degree from Dalian University faculty of Vehicle Engineering in 2015 and in 2017 he attained a PhD in Computation Mechanics from the University of Luxembourg. Hu is the author of several important industry articles printed by academic publications in both Europe and China.
David Michery, founder and CEO of Mullen Technologies has stated, “Mullen is excited to initiate product development with our China OEM partners and we are fortunate to have qualified talent in place such as Qingyuan Hu, whose experience and background will be critical to Mullen’s expanding footprint and relationships in China as well as imminent US based production. As Mullen Management, we wanted to ensure that we have trusted, technical expertise on location”.
About Mullen Technologies:
Mullen Technologies, Inc. is a California based pre-IPO Electric Vehicle (EV) manufacturer and international distributor of high tech, zero emission vehicles. The Company aims at solving the significant environmental problem caused by gasoline-powered vehicles and providing a variety of affordable, electric cars to the American market and the entire world market. Currently, the Company manufactures a proprietary USDOT certified four-door electric sedan. The company is in negotiations with several international vehicle manufacturers to develop joint ventures to bring quality, cost-effective vehicles to the United States for certification and distribution.
Mullen Technologies, Inc. is committed to not only low cost, high-quality product, but to be a fiscally responsible organization that values good business sense and refuses to spend indiscriminately or irresponsibly.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements in this press release include statements relating to the Company’s corporate finance and other strategic initiatives, and the Company’s expansion into markets outside of the golf industry. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: the timing and nature of any capital raising transactions; our ability to offer products and services for use by customers in new markets outside of the golf industry; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in these new markets; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2015. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements.
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