Rich Millennials View EVs as a Status Symbol

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Electric vehicles are becoming aย status symbolย among wealthy millennials in America. While high EV prices have kept a majority of U.S. drivers from purchasing electric cars, the nationโ€™s millennials are taking to EVs despite their often exorbitant prices. According to a J.D Power Survey, 72% of millennials expressed interest in purchasing an EV, with 37% being โ€œhighly likelyโ€ to buy an electric vehicle as their next car.

A trip to affluent Silicon Valley neighborhoods will reveal white Teslasย parked on nearly every block. With 42% of all electric cars inโ€ฆ

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NOTE TO INVESTORS:ย The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the companyโ€™s newsroom atย https://ibn.fm/MULN

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GreenCarStocksย (โ€œGCSโ€) is a specialized communications platform with a focus on electric vehicles (โ€œEVsโ€) and the green energy sector. It is one of 60+ brands withinย theย Dynamic Brand Portfolioย @ย IBNย that delivers:ย (1) access to a vast network of wire solutions viaย InvestorWireย to efficiently and effectively reach a myriad of target markets, demographics and diverse industries;ย (2) article andย editorial syndication to 5,000+ outlets;ย (3) enhancedย press release enhancementย to ensure maximum impact;ย (4)ย social media distributionย via IBN to millions of social media followers;ย and (5) a full array of tailoredย corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in todayโ€™s market, GCS brings its clients unparalleled recognition and brand awareness. GCS is where breaking news, insightful content and actionable information converge.

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