US-based electric vehicle manufacturer Mullen Automotive has announced that it has started accepting various cryptocurrencies, including Bitcoin and the TRUMP meme coin, for vehicle sales.
Introduction to Mullen Automotive's Innovations
Mullen Automotive has become one of the few manufacturers offering the opportunity to purchase commercial electric vehicles from both Mullen and its subsidiary Bollinger with cryptocurrency. The company announced that it has implemented cryptocurrency acceptance immediately and will consider other popular memes and stablecoins as payment methods in the future.
Models Available for Purchase with Cryptocurrency
The following models are available for purchase: * Mullen ONE: Class 1 EV cargo van * Mullen THREE: Class 3 EV cab chassis truck * Bollinger B4 Chassis Cab: Class 4 electric commercial truck designed from the ground up. All Mullen models are sold in compliance with U.S. Federal Motor Vehicle Safety Standards, EPA, and California Air Resources Board (CARB) certifications.
Company Developments and Future Plans
The company began production at its Tunica facility in August 2023 and has two models on sale by 2024. The company’s commercial dealer network is represented by seven dealerships across the U.S. Mullen acquired a majority stake in Michigan-based Bollinger Motors in September 2022, and Bollinger started production of the B4 model on September 16, 2024.
Thus, Mullen Automotive's step towards accepting cryptocurrency for vehicle purchases may mark an important development in the widespread use of cryptocurrency payments in the automotive sales sector.
