First Deliveries of Commercial EV Trucks Begin
in October 2024
OAK
PARK, Mich., Aug. 21,
2024 /PRNewswire/ -- Bollinger Motors, Inc., an
electric commercial vehicle ("EV") manufacturer, today announced it
will begin production of saleable units of the Bollinger B4
Chassis Cab on Sept. 16, 2024. The
announcement was made by company President and Chief Operating
Officer Bryan Chambers and Chief
Revenue Officer Jim Connelly.
The Bollinger B4 Chassis Cab, an all-new Class 4 commercial
truck, was designed from the ground up with extensive fleet and
upfitter input. Bollinger Motors' unique, purpose-built EV chassis
design encloses and protects the 158-kwh battery pack and
components to offer unparalleled capability and safety in the
commercial market.
Bollinger Motors is partnering on production with Roush
Industries, which provides contract manufacturing services from its
facility in Livonia, Mich. The
partnership leverages Roush's deep production and e-mobility
expertise, honed over 50 years of innovative engineering, testing,
prototyping, and manufacturing services – as well as its work in
producing the Bollinger B4 development validation vehicles in
2023.
"This is an exciting time in Bollinger Motors' history, as it
takes a monumental team effort to go from true start-up to
production in the timeframe we have achieved," Chambers said. "The
Bollinger Motors team, Roush Industries and our entire supply chain
network has worked tirelessly to make the B4 a reality and I am
very proud of everyone's effort."
"We are experiencing strong momentum in the market, having
secured multiple sales orders from important customers throughout
the country," Connelly said. "We are extremely confident that we
are bringing them a truck that will reward their trust and help
transform their business. We cannot wait to get the B4 on the road,
electrifying America's fleets."
The production date announcement comes on the heels of several
other important Bollinger Motors milestones including providing a
full warranty coverage of the B4 Chassis Cab; receiving the
Certificate of Conformity from the Environmental Protection Agency;
a 70-vehicle sale to Doering Fleet Management, an 80-vehicle sale
to Momentum Group; a 50-vehicle sale to EnviroCharge; the addition
of Nacarato Truck Centers, Nuss
Truck & Equipment, and LaFontaine Automotive Group as
dealers and service centers; Our Next Energy in Novi,
Mich. to supply battery packs; Syncron as its warranty
administration partner; and Amerit Fleet Solutions as its mobile
service provider.
In addition, 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.
To learn more about Bollinger Motors, visit
www.BollingerMotors.com.
ABOUT BOLLINGER MOTORS
Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc.
is a U.S.-based company headquartered in Oak Park,
Michigan. 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.
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
Doering Fleet Management, 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; and (f) Bollinger Motors' continued relationship with
Amerit Fleet Solutions as its mobile service provider.
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