Mullen Automotive Inc. (NASDAQ: MULN) has announced it will accept cryptocurrency payments, including Bitcoin and the $TRUMP meme coin, for its commercial electric vehicles (EVs). This initiative makes Mullen one of the few automakers to embrace digital currencies, aiming to make its U.S. safety- and emissions-certified EV lineup more accessible. The company is also exploring the addition of other meme and stablecoins to its payment options.
The EV models eligible for purchase with cryptocurrency include the Mullen ONE van, Mullen THREE truck, and Bollinger B4 chassis cab, with the latter offering a 185-mile range and a 7,325-pound payload capacity. This strategy not only diversifies payment methods for customers but also aligns with the increasing trend of cryptocurrency use across various industries.
Mullen Automotive's adoption of cryptocurrency payments occurs as the company expands its commercial dealer network and enhances manufacturing capabilities. Recent developments, such as IRS approval for federal EV tax credits and CARB-issued HVIP approval for its Mullen THREE, Class 3 EV truck, further solidify its stance in the competitive EV market. For more information on Mullen Automotive's cryptocurrency payment initiative, visit https://ibn.fm/AqdA0.
