TechMediaBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Class 3 EV Truck Approved for California’s $45,000 HVIP Cash Voucher Program
Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has received approval from the California Air Resources Board (“CARB”) for the Mullen THREE, a class 3 low cab forward vehicle, to be accepted in the state’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”). The approval means the Mullen THREE EV truck now qualifies for a rebate of up to $45,000.According to the announcement, when that rebate is combined with the $7,500 federal tax credit, the Mullen THREE, which has a suggested MSRP of $68,500, could be available for under $17,000. California’s HVIP program supports deployment of zero-emission technologies…