Bollinger Motors and HVIP Incentives - The Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000 under the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) [1] - Combined with the $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $60,000 [1] - California-based customers can qualify for incentives up to $100,000 per vehicle when combining HVIP and Inflation Reduction Act incentives [1] Market and Strategic Milestones - HVIP certification is a significant milestone for Bollinger Motors in growing its commercial electric vehicle market share, particularly in California [2] - California is a critical market for the Bollinger B4, as the state has taken a leadership role in creating a market for commercial electric vehicles [2] - The HVIP program has funded more than 12,000 clean vehicle purchases to date [2] Bollinger B4 Specifications and Features - The Bollinger B4 Chassis Cab is an all-electric Class 4 commercial truck with a range of 185 miles and a payload of 7,394 lbs [3] - The vehicle features a unique Quad-Bend chassis design that protects the 158-kwh battery pack and components, offering unparalleled capability and safety [3] - The Bollinger B4 is designed for commercial fleets seeking a world-class truck capable of performing various job functions [3] Recent Achievements and Partnerships - Bollinger Motors launched production on September 16 and achieved regulatory milestones, including FMVSS compliance, EPA certification, and CARB certification [4] - The company secured agreements for 145 vehicles with Momentum Group, 70 vehicles with Doering Fleet Management, and 50 vehicles with EnviroCharge [4] - Bollinger Motors expanded its dealer and service network, adding Anderson Motors, TEC Equipment, Affinity Truck Center, Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine Automotive Group [4] - The company partnered with Our Next Energy for battery supply, Syncron for warranty administration, and Amerit Fleet Solutions for mobile service [4] Company Background - Bollinger Motors, founded in 2015, is a U S-based company headquartered in Oak Park, Michigan, specializing in all-electric commercial chassis cab trucks for Classes 4-6 [5] - In September 2022, Bollinger Motors became a majority-owned subsidiary of Mullen Automotive, Inc (NASDAQ: MULN) [5]

State Incentives and Eligibility - Bollinger Motors is now eligible for New York's NYTVIP, offering up to $100,000 in incentives for commercial electric vehicles [1] - The company has qualified for incentives in four Northeast states: Massachusetts ($30,000), New Jersey ($90,000), New York ($100,000), and Pennsylvania ($20,000) [2] - Combined with federal tax credits under the Inflation Reduction Act ($40,000 per vehicle), customers in the Northeast can receive between $70,000 and $140,000 in incentives [4] Product and Market Positioning - The 2025 Bollinger B4 Chassis Cab is an all-electric Class 4 commercial truck designed with fleet and upfitter input, featuring a 158-kilowatt-hour battery pack for enhanced capability and safety [3] - The B4 is positioned as a versatile, durable, and world-class vehicle well-suited for urban driving and commercial fleet electrification [5] Recent Milestones and Partnerships - Bollinger Motors launched production on September 16 and achieved regulatory compliance, including FMVSS, EPA certification, and CARB certification [5] - The company secured significant sales, including 145 vehicles to Momentum Group, 70 to Doering Fleet Management, and 50 to EnviroCharge [5] - Expanded dealer and service center network with Anderson Motors, TEC Equipment, Affinity Truck Center, Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine Automotive Group [5] - Partnered with Our Next Energy for battery supply and announced Syncron and Amerit Fleet Solutions as warranty administration and mobile service providers, respectively [5] Company Background - Bollinger Motors, founded in 2015 and headquartered in Oak Park, Michigan, specializes in all-electric commercial chassis cab trucks (Classes 4-6) [6] - In September 2022, the company became majority-owned by Mullen Automotive, Inc (NASDAQ: MULN) [6]

First Bollinger B4 delivery includes nearly $800,000 in sales value Revenue from these vehicles to be recognized in current quarter financials LAVERGNE, Tenn., Oct. 3, 2024 /PRNewswire/ -- Bollinger Motors, Inc. ("Bollinger Motors"), a commercial electric vehicle ("EV") manufacturer, announced today the first customer delivery of its 2025 Bollinger B4 Chassis Cab. Bollinger Motors delivered five Bollinger B4s to Nacarato Truck Centers LaVergne, Tennessee facility – generating revenue for the OEM based off a ...

Employees, Suppliers, Government Leaders Share Historic Bollinger B4 Vehicle Launch LIVONIA, Mich., Sept. 23, 2024 /PRNewswire/ -- It's not every day a start-up vehicle manufacturer gets to celebrate its ascension to full-fledged Original Equipment Manufacturer (OEM). For Bollinger Motors, that day came on Friday, Sept. 20, as employees, suppliers and government leaders gathered to recognize the company's first customer-ready vehicles, the all-electric Class 4 Bollinger B4 Chassis Cab, to go to market. From ...

The 2025 B4 buyers can qualify for more than $100,000 in state and federal incentives on all-new, allelectric Class 4 truck OAK PARK, Mich., Sept. 18, 2024 /PRNewswire/ -- Bollinger Motors, Inc. ("Bollinger Motors"), a commercial electric vehicle ("EV") manufacturer, announced today that the 2025 Bollinger B4 Chassis Cab will have a Manufacturers Suggested Retail Price (MSRP) of $158,758. Bollinger B4Bollinger B4 The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from ...

Storied Dealership Group Brings the All-Electric Bollinger B4 to Four Sales and Service Locations in the Central Valley of California OAK PARK, Mich., Sept. 11, 2024 /PRNewswire/ -- Bollinger Motors, Inc. ("Bollinger Motors"), a commercial electric vehicle ("EV") manufacturer, has named Affinity Truck Center as an official Bollinger Motors dealer, with sales locations in Bakersfield, and Fresno, California, and service locations in Paso Robles, and Salinas, California. Affinity Truck Center is a California ...

Partnership Establishes All-Electric Bollinger B4 Truck as Part of New TCD Client Solution OAK PARK, Mich., Sept. 5, 2024 /PRNewswire/ -- Bollinger Motors, Inc., a commercial electric vehicle ("EV") manufacturer, today announced it has reached an agreement to partner with Texas Consulting & Development LLC (TCD) to supply Bollinger B4 Class 4 trucks as part of TCD's new, bundled service offering to ports and other related industries. The agreement strengthens TCD's vehicle portfolio and enhances the company ...

OAK PARK, Mich., Aug. 29, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, has named TEC Equipment, Inc. as an official Bollinger Motors dealer. The addition of sales and service provided by select TEC Equipment locations expands Bollinger Motors commercial sales and service network westward, with the following participating TEC Equipment locations: Sales & service Locations: Bollinger B4 Chassis CabBollinger B4 Chassis Cab California: San Diego, Fontana, Oakl ...

Core Points - Bollinger Motors will begin production of the Bollinger B4 Chassis Cab on September 16, 2024, marking a significant milestone for the company [1][4] - The B4 Chassis Cab is a Class 4 commercial truck designed with input from fleets and upfitters, featuring a unique EV chassis that houses a 158-kwh battery pack [2] - The company has secured multiple sales orders, including a 70-vehicle sale to Doering Fleet Management, an 80-vehicle sale to Momentum Group, and a 50-vehicle sale to EnviroCharge [4] Company Overview - Bollinger Motors, founded in 2015 and headquartered in Oak Park, Michigan, specializes in all-electric commercial chassis cab trucks [6] - The company became a majority-owned subsidiary of Mullen Automotive in September 2022 [6] - Bollinger Motors has partnered with Roush Industries for production, leveraging Roush's extensive experience in e-mobility and manufacturing [3] Market Position and Developments - The company has received a Certificate of Conformity from the Environmental Protection Agency and qualified for federal clean vehicle tax credits of $40,000 per vehicle under the Inflation Reduction Act [5] - Bollinger Motors has established a network of dealers and service centers, including Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine Automotive Group [4] - The company is experiencing strong market momentum and is confident in the B4's potential to electrify commercial fleets across the U.S. [4]

Taylor also retains role as SVP of Global Manufacturing for Mullen Automotive In 2010, John joined Tesla and was one of the first 50 employees, leading the advanced manufacturing engineering group. Taylor played a critical role in opening Tesla's Fremont facility and manufacturing operations for the Tesla Model S and architecture for future EV projects BREA, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manu ...