Mullen Automotive announced that Volt Mobility, a commercial leasing company based in the United Arab Emirates (UAE), with clients including UPS, DHL and FedEx, entered into a purchase agreement for approximately $210 million for 3,000 Class 1 and Class 3 EV cargo vans and trucks over a 16-month period. Mullen said it will receive an initial $3 million deposit within 60 days and additional payments as the vehicles are delivered. The company plans to ship the first vehicles immediately.

Volt’s vehicle order will be assembled at Mullen’s Tunica, Mississippi-based commercial vehicle facility, which the OEM said is capable of producing 20,000 Class 1 and 6,000 Class 3 vehicles annually, with two production shifts.

Founded in 2020, Volt’s vehicle portfolio includes 17 models focusing on light-, medium- and heavy-duty EVs. Per a press release, Volt leases vehicles to corporate customers providing first to last-mile delivery for fast-moving goods and provides heavy-duty trucks for shuttling service across the region.

“Volt is reshaping the way people and businesses move across the UAE and Gulf Cooperation Council (GCC),” said David Michery, chief executive officer and chairman of Mullen Automotive. “This agreement provides Mullen with exposure to leading global transportation companies and the opportunity for utilizing Mullen EVs across the UAE and other areas of the Middle East.”

Additional details, including the related agreement, can be found in the company’s Form 8-K to be filed with the SEC.