Mullen (MULN) Stock Rises On Renewed EV Strategy

At the most recent check today, Mullen Automotive, Inc. (NASDAQ: MULN) shares were increasing significantly, rising 270.13% to $19.95. This surge follows a well-publicized relaunch of the Mullen FIVE RS, a high-performance crossover EV intended to compete with premium rivals in the worldwide market.

A Planned Launch in Europe After the Battery Milestone

Recently, Mullen Automotive (MULN) finished evaluating the performance of 800V batteries at the TÜV SÜD laboratory in Munich, Germany. Now that this crucial stage is over, Mullen has started testing vehicles on the road, indicating that it is moving closer to regulatory homologation and ultimate validation.

In December 2025, the FIVE RS will go on sale in Germany. Throughout 2026, there are plans to expand into additional European regions as well as the United Arab Emirates and South Africa. When the vehicle successfully establishes a foothold overseas, a U.S. launch will occur.

Strategic Partnership with a Prominent Automobile Manufacturer

To ensure exceptional construction quality and performance, Mullen has partnered with Faissner Petermeier Fahrzeugtechnik AG (FPF), a German engineering firm well-known for its work with premium manufacturers including Piech Automotive, Gumpert, and BMW.

FPF has decades of experience in precise vehicle manufacture and component development, as well as IATF standard certification and Federal Motor Transport Authority compliance in Germany. Mullen hopes to use this partnership to further its dedication to producing cars that lead the industry.

FIVE RS: An Emerging Technological Powerhouse

With a peak speed of 200 mph and an acceleration time of less than two seconds from 0 to 60 mph, the Mullen FIVE RS is designed to be an ultra-high-performance EV. With its 800-volt system, two-speed gearbox, all-wheel drive, and more than 1,100 horsepower, the car has state-of-the-art features.

Introducing the FIVE RS has long been a goal, highlighting its objective of combining high performance with electric innovation. Mullen is positioning itself to have a big influence on the global EV landscape with strong partnerships and ongoing testing.