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Seems like it went up a lot after this acquisition.
insideevs.com
"Mullen's acquisition of Bollinger was one of the largest transactions of its kind in the EV market. Upon closing the ELMS transaction, the Company will be in a position to strategically leverage all its acquired assets to shorten its production path and aggressively expand into the commercial and consumer EV market."
David Michery, CEO and chairman of Mullen Automotive
Mullen Buys Bankrupt ELMS And Its Indiana Plant For $240 Million
The former ELMS plant in Indiana that once made Hummer H2 trucks will provide Mullen with the capability to produce up to 50,000 electric vehicles per year.
insideevs.com
"Mullen's acquisition of Bollinger was one of the largest transactions of its kind in the EV market. Upon closing the ELMS transaction, the Company will be in a position to strategically leverage all its acquired assets to shorten its production path and aggressively expand into the commercial and consumer EV market."
David Michery, CEO and chairman of Mullen Automotive
