DETROIT, May 7, 2024
/PRNewswire/ -- Bollinger Motors, Inc., an electric commercial
vehicle ("EV") manufacturer, and Amerit Fleet Solutions ("Amerit"),
a leading provider of customized fleet maintenance and repair
programs nationwide, announced today that they have entered into an
agreement for Amerit to provide mobile service and maintenance
to Bollinger's commercial fleet customers.
Under the terms of the agreement, the two companies will jointly
provide EV service and warranty support for the Bollinger B4 in key
states allowed by law, as well as future vehicles developed by
Bollinger Motors.
The Bollinger B4 Chassis Cab is an all-new, all-electric class 4
commercial truck designed from the ground up with extensive fleet
and upfitter input. Bollinger's unique chassis design protects the
158 kwh battery pack and components to offer unparalleled
capability and safety in the commercial market. The company
anticipates deliveries of the Bollinger B4 to begin in the second
half of 2024.
Under this agreement Amerit will provide maintenance,
repair, and warranty services to customer locations outside of the
designated service area of a Bollinger authorized dealer. Amerit's
Mobile Service Centers are an important complement to Bollinger's
service strategy, providing convenient and essential services on
location, minimizing downtime, and maximizing fleet efficiency.
"With Amerit, Bollinger can now offer the best nationwide
coverage for electrified fleets ," said Robert Bollinger, founder and CEO of Bollinger
Motors. "Our customers can have total confidence in our trucks,
knowing we have a complete sales, service, and warranty network
across America."
Amerit will provide strategic, nationwide service locations
aligned with Bollinger's launch plan. Amerit service technicians
will complete an extensive safety training program as part of
Bollinger's training curriculum for the B4 Chassis Cab and other
future vehicles.
"Bollinger is an innovative EV company serving the commercial
fleet market, and we look forward to supporting their customers by
offering service programs across the US," said Amerit's CEO
Dan Williams. "With over 2,500
trained and certified technicians across the country, our
customized approach to service programs, and our expertise in
providing EV maintenance solutions, we believe that Amerit is
ideally suited to rapidly scale services to Bollinger's B4
customers and vehicle programs in the future."
Today's announcement follows a series of Bollinger Motors
announcements in recent months, including partnerships with Our
Next Energy in Novi, Mich. to
supply the company with batteries and related components and Roush
Industries in Livonia, Mich.
to manage vehicle assembly operations.
Bollinger Motors recently qualified for federal clean vehicle
tax credits under the Inflation Reduction Act of $40,000 per vehicle for the B4 chassis cab. And
Bollinger recently grew their national authorized dealer network by
adding Nacarato Truck Centers and Nuss Truck & Equipment to
LaFontaine Auto Group.
ABOUT BOLLINGER MOTORS
Founded in 2015 by
Robert Bollinger, Bollinger Motors,
Inc. is a U.S.-based company headquartered in Oak Park, Mich. Bollinger Motors is developing
all-electric commercial chassis cab trucks, Classes 4-6. In
September of 2022, Bollinger Motors became a majority owned company
of Mullen Automotive, Inc. (NASDAQ: MULN). Learn more at
www.BollingerMotors.com and www.MullenUSA.com.
ABOUT MULLEN
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company
building the next generation of commercial electric vehicles
("EVs") with two United
States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and
Mishawaka, Indiana (650,000 square
feet). In August 2023, Mullen began
commercial vehicle production in Tunica. In September
2023, Mullen received IRS approval for federal EV tax
credits on its commercial vehicles with a Qualified Manufacturer
designation that offers eligible customers up to $7,500 per vehicle. As of January 2024, both the Mullen ONE, a Class 1 EV
cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are
California Air Resource Board (CARB) and EPA certified and
available for sale in the U.S.
To learn more about the Company,
visit www.MullenUSA.com.
ABOUT AMERIT FLEET SOLUTIONS
Amerit's trusted and respected team of fleet
maintenance professionals leverage a nationwide infrastructure
paired with electric and alternative fuel expertise, to provide
custom-built maintenance programs to fleets across the country.
Amerit's team of highly skilled technicians and managers provide
maintenance and repair programs for over 285,000 assets to improve
clients' fleet uptime, safety, and reliability. Amerit's
comprehensive and innovative service solutions, paired with a
customized approach driven by core values of partnership and
integrity, delivery peace-of-mind to customers while keeping their
assets on the road, anywhere across the country. For more
information, please
visit www.ameritfleetsolutions.com
FORWARD-LOOKING STATEMENT
Certain statements in this press release that are not historical
facts are forward-looking statements within the meaning of Section
27A of the Securities Exchange Act of 1934, as amended. Any
statements contained in this press release that are not statements
of historical fact may be deemed forward-looking statements. Words
such as "continue," "will," "may," "could," "should," "expect,"
"expected," "plans," "intend," "anticipate," "believe,"
"estimate," "predict," "potential" and similar expressions are
intended to identify such forward-looking statements. All forward
looking statements involve significant risks and uncertainties that
could cause actual results to differ materially from those
expressed or implied in the forward-looking statements, many of
which are generally outside the control of Bollinger Motors and are
difficult to predict. Examples of such risks and uncertainties
include: (a) Bollinger Motors' continued partnership Amerit Fleet
Solutions to operation a fleet service and warranty repair program;
(b) Bollinger's ability to manufacture and deliver vehicles in the
second half of 2024; (c) Bollinger's continued partnership with Our
Next Energy as its battery provider; (d) Bollinger's continued
partnership with Roush Industries as its assembly manufacturer; (e)
Bollinger's continued eligibility for tax credits under the
Inflation Reduction Act; and (f) Bollinger's continued partnership
with Nacarato Truck Centers, Nuss Truck & Equipment, and
LaFontaine Auto Group as dealer partners.
Additional examples of such risks and uncertainties include but
are not limited to: (i) Bollinger Motors' ability (or inability) to
obtain additional financing in sufficient amounts or on acceptable
terms when needed; (ii) Bollinger Motors' ability to maintain
existing, and secure additional, contracts with manufacturers,
parts and other service providers relating to its business; (iii)
Bollinger Motors' ability to successfully expand in existing
markets and enter new markets; (iv) Bollinger Motors' ability to
successfully manage and integrate any acquisitions of
businesses, solutions or technologies; (v) unanticipated
operating costs, transaction costs and actual or contingent
liabilities; (vi) the ability to attract and retain qualified
employees and key personnel; (vii) adverse effects of increased
competition on Bollinger Motors' business; (viii) changes in
government licensing and regulation that may adversely affect
Bollinger Motors' business; (ix) the risk that changes in consumer
behavior could adversely affect Bollinger Motors' business; (x)
Bollinger Motors' ability to protect its intellectual property;
(xi) the vehicles developed will perform as expected and (xii)
local, industry and general business and economic conditions.
Additional factors that could cause actual results to differ
materially from those expressed or implied in the forward-looking
statements can be found in the most recent annual report on Form
10-K, quarterly reports on Form 10-Q, and current reports on Form
8-K filed by Mullen Automotive, Inc., of which Bollinger Motors is
a partially-owned subsidiary, with the Securities and Exchange
Commission. Bollinger Motors anticipates that subsequent events and
developments may cause its plans, intentions, and expectations to
change. Bollinger Motors assumes no obligation, and it
specifically disclaims any intention or obligation, to update any
forward-looking statements, whether as a result of new information,
future events, or otherwise, except as expressly required by law.
Forward-looking statements speak only as of the date they are made
and should not be relied upon as representing Bollinger Motors'
plans and expectations as of any subsequent date.
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SOURCE Bollinger Motors