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Mullen Technologies Receives Letter of Intent for Purchase Order of 1,500 MX-05 Electric Vehicles

Mullen Technologies Receives Letter of Intent for Purchase Order of 1,500 MX-05 Electric Vehicles
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Mullen Technologies, Inc : Mullen Technologies Receives Letter of Intent for Purchase Order of 1,500 MX-05 Electric Vehicles

(1) Letter of Intent to serve as basis for definitive agreements for an initial purchase order of 1,500 MX-05s and up to and additional 8,500 by 2025. BREA, CA / ACCESSWIRE / December 30, 2020 / Mullen Technologies Inc. ( Mullen or the Company ), an emerging electric vehicle ( EV ) manufacturer, which previously announced a definitive agreement to merge with Net Element, Inc. (NASDAQ:NETE) in a stock-for-stock reverse merger in which Mullen s stockholders will receive a majority of the outstanding stock in the post-merger company, announced today that the Company has executed a non-binding Letter of Intent with Unlimited Electrical Contractors Corp (UEC) to enter definitive agreements for the purchase of up to 10,000 MX-05 electric vehicles. UEC is a premiere electrical contractor based in Pompano Beach, Florida, specializing in commercial and residential projects in South Florida.

Top 25 Spokane-area business stories of 2020 > Spokane Journal of Business

Pandemic brings opportunity for some, devastation for others - The COVID-19 pandemic dominated news headlines in 2020 and served as the subtext for many of the significant business decisions made in the Spokane area during the year. With that backdrop, the Inland Northwest business community experienced a number of significant setbacks, with longtime retailers and once-promising startups closing, and jobless rates reaching heights not witnessed in more than a decade. At the same time, businesses that boomed during the pandemic made plans for significant expansions that could have lasting effects well after the pandemic is held at bay. Below are the top 25 Inland Northwest business stories of 2020, in chronological order.

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