BOLLINGER MOTORS AGREES TO PARTNERSHIP WITH TEXAS CONSULTING & DEVELOPMENT

Core Insights - Bollinger Motors has partnered with Texas Consulting & Development LLC (TCD) to supply Bollinger B4 Class 4 trucks, enhancing TCD's service offerings to ports and related industries [1][2] - The partnership aims to leverage the Bollinger B4 electric truck to boost sales across various sectors, including Commercial & Industrial (C&I), Telecom, and Utility [2][3] - Both companies are committed to using electrification technology to improve operational efficiencies and reduce carbon footprints across multiple industries [3] Company Developments - The agreement with TCD follows several recent milestones for Bollinger Motors, including the start of production on the B4, full warranty coverage for the chassis cab, and significant vehicle sales to various clients [4] - Bollinger Motors has qualified for federal clean vehicle tax credits under the Inflation Reduction Act, amounting to $40,000 per vehicle for the B4 chassis cab [5] - The company is headquartered in Oak Park, Michigan, and focuses on developing all-electric commercial chassis cab trucks, Classes 4-6 [6] Industry Context - TCD specializes in providing microgrid and virtual power plant solutions, positioning itself to offer scalable decarbonization solutions that meet the electrification demands of various industries [7] - The partnership is seen as a strategic move to address the future of electric vehicles (EV) and their potential for energy production, which is crucial for grid providers across the U.S. [4]