Mullen Automotive Inc. MULN shares are up 12% on Thursday in premarket trading after the company announced that it is on track to achieve its previously stated objective of producing and selling its Class 3 Commercial Electric Vehicles during the quarter ending September 30. Randy Marion Automotive Group, based in Brea, Calif., has placed $279 million worth of orders for Mullen Class 1, Class 3, and Class 4 EV vans. The company issued its statement to respond to questions about a 90% drop in its stock since March 31. Mullen Automotive stated that it is currently trading at a discounted price to its current…