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The US-based electric vehicle manufacturer giant announced that it has started selling vehicles with Bitcoin! Here are the details.
US-based electric vehicle manufacturer Mullen Automotive announced that it has started selling vehicles with various cryptocurrencies, including Bitcoin and TRUMP meme coin.
Mullen Automotive has started accepting Bitcoin and TRUMP Meme Coin for Electric Vehicle Sales.
With this step, the company has become one of the few manufacturers offering the opportunity to purchase both Mullen and its affiliate Bollinger's commercial electric vehicles with cryptocurrency.
The company announced that it has immediately implemented the acceptance of cryptocurrencies and that it will evaluate other popular meme and stablecoins as payment methods in the future.
Mullen CEO David Michery made the following statements in his announcement:
"The increasing acceptance of cryptocurrencies as a payment method allows Mullen to reach a wider audience of both individual and commercial buyers."
Tools Available for Purchase with Cryptocurrency
All of Mullen's models are sold in compliance with the U.S. Federal Motor Vehicle Safety Standards, EPA, and California Air Resources Board (CARB) certifications.
The company, which started production at the Tunica facility in August 2023, launched two models for sale by 2024. The company's commercial dealer network is represented by seven dealers across the U.S., including Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group.
Mullen had acquired a majority stake in Michigan-based Bollinger Motors in September 2022. Bollinger recorded another significant milestone by starting production of the B4 model on September 16, 2024. The company's dealer network currently offers sales and service at over 50 locations.
This step is seen as an important development that could lead to the widespread adoption of vehicle purchases with crypto payments.
*This is not investment advice.
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