Certification a Key Step to Sell
Zero-Emission Trucks
OAK
PARK, Mich., June 24,
2024 /PRNewswire/ -- Bollinger Motors, Inc.,
an electric commercial vehicle ("EV") manufacturer, today announced
it has received its Certificate of Conformity from the
Environmental Protection Agency (EPA) for its Class 4 B4 Chassis
Cab. The Certificate of Conformity attainment is another important
milestone for Bollinger Motors as it moves closer to delivering
initial vehicles to customers.
Bollinger Motors plans to launch the Bollinger B4 Chassis Cab in
the second half of 2024. The Certificate of Conformity certifies
that the Bollinger B4 conforms to EPA emissions requirements. While
the Bollinger B4 is an all-electric, zero-emssions vehicle, the
certification is still an important requirement for any
manufacturer to begin selling vehicles in the United States.
"This is a huge step for us in becoming the leader in
all-electric commercial trucks," said Robert Bollinger, founder and CEO of Bollinger
Motors. "We are proud that the Bollinger B4 is engineered and
assembled right here in Michigan
with 70% American-made content."
The Bollinger B4 Chassis Cab is an all-new, battery-electric,
zero-emissions Class 4 commercial truck designed from the ground up
with extensive fleet and upfitter input. Bollinger's unique chassis
design protects the 800V battery and components to offer
unparalleled safety, flexibility, and performance in the commercial
market. Bollinger Motors recently qualified for federal
clean-vehicle purchasing incentives under the Inflation Reduction
Act, which provides $40,000 in
refundable tax credits per truck.
Today's announcement follows a series of Bollinger Motors'
milestones in recent months, including: an 80-vehicle sale to
Momentum Groups, a 50-vehicle sale to EnviroCharge, the addition of
Nacarato Truck Centers, Nuss Truck
& Equipment, and LaFontaine Auto Group as dealers and service
centers; Our Next Energy in Novi, Mich. to supply battery
packs; Roush Industries in Livonia, Mich. to manage
vehicle assembly operations; Syncron as its warranty administration
partner; and Amerit Fleet Solutions as its mobile service
provider.
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.
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' ability to finalize a sales agreement with
EnviroCharge and Momentum Groups and deliver purchased vehicles on
schedule; (b) Bollinger Motors' continued partnership with Nacarato
Truck Centers, Nuss Truck &
Equipment, and LaFontaine Automotive Group as dealers and service
centers; (c) Bollinger Motors' continued partnership with Our Next
Energy as a battery supplier; (d) Bollinger Motors' continued
partnership with Roush Industries as a contract manufacturer; (e)
Bollinger Motors' continued relationship with Syncron as its
warranty administration provider; (f) Bollinger Motors' continued
relationship with Amerit Fleet Solutions as its mobile service
provider and (g) the continued availability and support for
federal commercial vehicle purchasing incentives under the
Inflation Reduction Act of 2022.
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 because 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