NEW YORK STATE TO OFFER NEW COMMERCIAL EV INCENTIVES IN AUGUST; PERFECT TIME TO BUY THE BOLLINGER B4 ALL-ELECTRIC TRUCK
Prnewswire·2025-07-15 15:31

Group 1: Incentives and Market Opportunities - The New York Truck Voucher Incentive Program (NYTVIP) offers credits ranging from $85,000 to $144,000 to stimulate the commercial electric vehicle market [1][2] - The federal tax credit of up to $40,000 for Class 4 commercial electric vehicles will expire for deliveries after September 30, creating urgency for potential buyers [2] - Companies are encouraged to prepare purchase orders in July to take advantage of the NYTVIP funding, which is expected to be in high demand and may be depleted quickly [3] Group 2: Product Overview - The Bollinger B4 is an all-electric Class 4 commercial truck designed with input from fleets and upfitters, featuring a unique chassis design that protects its 158-kWh battery pack [4] - The vehicle's patented Quad Bend frame construction allows for a tighter turning radius, enhancing its versatility for urban applications [5] - Bollinger Motors, founded in 2015, is headquartered in Oak Park, Michigan, and became a majority-owned subsidiary of Mullen Automotive in September 2022 [6]