Core Insights - Bollinger Innovations, Inc. has successfully reduced its quarterly cash burn from $21.2 million to $8.9 million, achieving a 58% decrease while maintaining its marketing, sales, and manufacturing capabilities [1][2] Financial Performance - The company has focused on cost-cutting measures that do not compromise its operational capabilities, resulting in significant savings [1][2] Product Line and Market Position - Bollinger Innovations offers a commercial EV lineup that includes the Class 1 urban delivery EV cargo van and the Class 3 urban utility EV cab chassis truck, designed for urban last-mile delivery [3] - The Bollinger B4 Chassis Cab is an all-electric Class 4 commercial truck developed with input from fleet operators and upfitters [3] Compliance and Certifications - All vehicles produced by Bollinger Innovations comply with U.S. Federal Motor Vehicle Safety Standards, EPA regulations, and CARB certifications, ensuring adherence to clean air emissions standards [4] Company Overview - Bollinger Innovations is based in Southern California and operates a manufacturing facility in Tunica, Mississippi, focusing on the next generation of commercial electric vehicles [5] - The company has established a commercial dealer network with six dealers across key markets in the U.S. [5] - Bollinger Motors, a subsidiary of Bollinger Innovations, has launched the production of its Class 4 electric truck and developed a dealer network with over 50 locations for sales and service support [5]