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Bollinger Motors Names Former GM Executive James Taylor as CEO, Promotes Bryan Chambers to President & COO, Siva Kumar to Chief Strategy Officer
Net ElementNet Element(US:MULN) Newsfilterยท2024-07-16 13:30

Leadership Changes - Bollinger Motors has appointed James Taylor as CEO, succeeding founder Robert Bollinger, who will remain on the Board of Directors and as a major shareholder [3][4] - Bryan Chambers has been promoted to President and Chief Operating Officer, while Siva Kumar has been named Chief Strategy Officer and Senior Vice President of Finance [3] Executive Background - James Taylor has extensive experience in the automotive industry, having held leadership roles at Cadillac and Hummer, and has worked with various electric vehicle companies [4] - Bryan Chambers has over 35 years of automotive leadership experience and joined Bollinger Motors in 2018 [5] - Siva Kumar joined Bollinger Motors in 2022 as Chief Financial Officer, previously serving as CFO for Optimal EV [12] Product Development - Bollinger Motors plans to launch the Bollinger B4 Chassis Cab in the second half of 2024, designed as a battery-electric, zero-emissions Class 4 commercial truck [6] - The vehicle features a unique chassis design that protects the 800-volt battery and components, enhancing capability and performance [6] Market Position and Incentives - The company has qualified for federal clean vehicle purchasing incentives under the Inflation Reduction Act, offering $40,000 in refundable tax credits per truck [6] - Recent milestones include receiving the Certificate of Conformity from the EPA and securing vehicle sales to Momentum Groups and EnviroCharge [7] Company Overview - Founded in 2015, Bollinger Motors is based in Oak Park, Michigan, and focuses on developing all-electric commercial chassis cab trucks in Classes 4-6 [8] - The company became a majority-owned subsidiary of Mullen Automotive, Inc. in September 2022 [8]