Mullen Automotive added to ComEd State Rebate Program in Illinois

Mullen Automotive (MULN) announced that Mullen Commercial EVs are now eligible for substantial incentives through the ComEd Business & Public Sector EV Rebate Program in Illinois. Mullen vehicles purchased through authorized dealers, Pritchard EV and Range Truck Group, qualify for ComEd’s incentives. The ComEd program joins the growing list of state-level incentives already available for Mullen Commercial EVs, including California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project and Massachusetts Offers Rebates for Electric Vehicles program. ComEd’s Business & Public Sector EV Program provides commercial customers with a simple and cost-effective path to fleet electrification. The Program will run through 2025 with the goal of distributing more than $70M in rebates for light, medium and heavy-duty electric cars, trucks and buses. The Mullen ONE Class 1 EV cargo van qualifies for an incentive of up to $7,500 through the ComEd program. When combined with the Federal Tax Credit, customers could potentially save up to $15,000 on each vehicle. ComEd also offers up to $30,000 in incentives on Medium-Duty EVs, but due to a significant increase in applications, the ComEd EV Rebate Program has temporarily placed new Medium Duty point-of-sale voucher applications on a waitlist.