Mullen Automotive Surges to 460th in Trading Volume with $18.3 Million Day as EV Partnerships Fuel Growth

Generated by AI AgentAinvest Market Brief
Monday, May 19, 2025 8:13 pm ET1min read

On May 19, 2025,

(MULN) saw a significant surge in trading volume, reaching $18.3 million, marking a 3459.74% increase from the previous day. This surge placed Mullen in the 460th position in terms of trading volume for the day. The stock price of Mullen Automotive has been on a strong upward trend, rising by 100.12% in a single day and 121.07% over the past two days.

Mullen Automotive has recently announced a strategic partnership with a leading electric vehicle (EV) manufacturer. This collaboration aims to accelerate the development and production of innovative EV technologies, positioning Mullen at the forefront of the rapidly growing EV market. The partnership is expected to enhance Mullen's competitive edge and drive future growth.

In addition to the strategic partnership, Mullen Automotive has also unveiled plans to expand its production facilities. The company is investing in new manufacturing plants to increase its production capacity and meet the growing demand for electric vehicles. This expansion is part of Mullen's long-term strategy to become a major player in the global EV market.

Mullen Automotive's recent initiatives have garnered positive attention from investors and industry experts. The company's commitment to innovation and sustainability has positioned it as a leader in the EV sector, driving investor confidence and contributing to the stock's recent surge.

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