Bollinger Motors Announces Bollinger B4 Start of Production Sept. 16, 2024
Bollinger Motors, an electric commercial vehicle manufacturer, has announced the start of production for its Bollinger B4 Chassis Cab on September 16, 2024, with first deliveries beginning in October 2024. The Class 4 commercial truck features a unique, purpose-built EV chassis design with a 158-kwh battery pack. Bollinger is partnering with Roush Industries for production at their Livonia, Michigan facility.
The company has secured multiple sales orders, including 70 vehicles to Doering Fleet Management, 80 to Momentum Group, and 50 to EnviroCharge. Bollinger has also added dealerships and service centers, partnered with Our Next Energy for battery packs, and qualified for $40,000 federal tax credits per vehicle under the Inflation Reduction Act.
Bollinger Motors, un produttore di veicoli commerciali elettrici, ha annunciato l'inizio della produzione del suo Bollinger B4 Chassis Cab il 16 settembre 2024, con le prime consegne che inizieranno a ottobre 2024. Il camion commerciale di Classe 4 presenta un design unico del telaio EV, progettato appositamente, con un pacco batterie da 158 kwh. Bollinger sta collaborando con Roush Industries per la produzione nella loro struttura di Livonia, Michigan.
L'azienda ha assicurato diversi ordini di vendita, tra cui 70 veicoli per Doering Fleet Management, 80 per Momentum Group e 50 per EnviroCharge. Bollinger ha anche aggiunto concessionari e centri di assistenza, ha collaborato con Our Next Energy per i pacchi batterie e si è qualificata per crediti fiscali federali di $40.000 per veicolo ai sensi dell'Inflation Reduction Act.
Bollinger Motors, un fabricante de vehículos comerciales eléctricos, ha anunciado el inicio de la producción de su Bollinger B4 Chassis Cab el 16 de septiembre de 2024, con las primeras entregas comenzando en octubre de 2024. El camión comercial de Clase 4 cuenta con un diseño de chasis EV único, construido para este propósito, con un paquete de baterías de 158 kwh. Bollinger está colaborando con Roush Industries para la producción en su instalación en Livonia, Michigan.
La empresa ha asegurado múltiples órdenes de venta, incluyendo 70 vehículos para Doering Fleet Management, 80 para Momentum Group y 50 para EnviroCharge. Bollinger también ha añadido concesionarios y centros de servicio, se ha asociado con Our Next Energy para los paquetes de baterías y se ha calificado para créditos fiscales federales de $40,000 por vehículo bajo la Ley de Reducción de Inflación.
볼린저 모터스(Bollinger Motors), 전기 상용차 제조업체,가 볼린저 B4 섀시 캡(Bollinger B4 Chassis Cab)의 생산을 2024년 9월 16일에 시작한다고 발표했으며, 첫 배송은 2024년 10월에 시작된다고 합니다. 4급 상용 트럭은 158kwh 배터리 팩을 갖춘 독창적이고 목적에 맞게 설계된 EV 섀시 디자인을 자랑합니다. 볼린저는 미시간주 리보니아에 있는 라우시 산업(Roush Industries)와 협력하여 생산할 예정입니다.
회사는 도어링 플릿 관리(Doering Fleet Management)에는 70대, 모멘텀 그룹(Momentum Group)에는 80대, 에너지 충전(EnviroCharge)에는 50대를 포함하여 여러 판매 주문을 확보했습니다. 볼린저는 또한 대리점과 서비스 센터를 추가하고, 배터리 팩을 위해 Our Next Energy와 협력하며, $40,000 연방 세금 공제를 받을 자격을 갖추었습니다(인플레이션 감축 법안 하에).
Bollinger Motors, un fabricant de véhicules commerciaux électriques, a annoncé le début de la production de son Bollinger B4 Chassis Cab le 16 septembre 2024, avec les premières livraisons débutant en
L'entreprise a sécurisé plusieurs commandes de vente, incluant 70 véhicules pour Doering Fleet Management, 80 pour Momentum Group, et 50 pour EnviroCharge. Bollinger a également ajouté des concessionnaires et des centres de service, s'est associé à Our Next Energy pour les packs de batteries, et s'est qualifiée pour des crédits d'impôt fédéraux de 40 000 $ par véhicule en vertu de la loi sur la réduction de l'inflation.
Bollinger Motors, ein Hersteller von elektrischen Nutzfahrzeugen, hat den Produktionsstart seines Bollinger B4 Chassis Cab für den 16. September 2024 angekündigt, wobei die ersten Lieferungen im Oktober 2024 beginnen werden. Der Lkw der Klasse 4 zeichnet sich durch ein einzigartiges, speziell entwickeltes EV-Chassis-Design mit einem 158-kwh-Batteriepack aus. Bollinger arbeitet mit Roush Industries zusammen, um die Produktion in deren Einrichtung in Livonia, Michigan, zu gewährleisten.
Das Unternehmen hat mehrere Verkaufsaufträge gesichert, darunter 70 Fahrzeuge für Doering Fleet Management, 80 für Momentum Group und 50 für EnviroCharge. Bollinger hat auch Händler und Servicezentren hinzugefügt, eine Partnerschaft mit Our Next Energy für Batteriepackungen geschlossen und sich für Bundessteuergutschriften in Höhe von $40.000 pro Fahrzeug im Rahmen des Inflation Reduction Act qualifiziert.
- Start of production for Bollinger B4 Chassis Cab set for September 16, 2024
- Secured multiple sales orders totaling 200 vehicles
- Partnership with Roush Industries for production
- Qualified for $40,000 federal tax credits per vehicle under the Inflation Reduction Act
- Expansion of dealer and service center network
- None.
Insights
The announcement of Bollinger Motors' B4 Chassis Cab production start is a significant milestone for the EV commercial truck sector. With a 158-kwh battery pack, the B4 positions itself as a robust contender in the Class 4 commercial EV market. The partnership with Roush Industries adds credibility to Bollinger's manufacturing capabilities.
The secured sales orders from multiple customers and the expansion of dealer networks indicate growing market acceptance. The $40,000 federal tax credit per vehicle under the Inflation Reduction Act significantly enhances the B4's value proposition, potentially accelerating adoption among fleet operators looking to reduce total cost of ownership.
However, investors should note that Bollinger faces stiff competition from established automakers also entering the commercial EV space. The company's ability to scale production and meet delivery timelines will be important for its success in this rapidly evolving market.
Bollinger's B4 Chassis Cab entering production marks a pivotal moment in the commercial EV landscape. The company's focus on purpose-built design for fleets and upfitters addresses specific market needs, potentially giving it an edge over converted ICE vehicles.
The partnerships with key suppliers like Our Next Energy for battery packs and service providers like Amerit Fleet Solutions demonstrate a comprehensive approach to market entry. This ecosystem-building strategy could enhance Bollinger's competitive position.
However, the true test lies in Bollinger's ability to ramp up production efficiently and maintain quality. The commercial EV market is becoming increasingly crowded and delays or quality issues could quickly erode Bollinger's early-mover advantage. Investors should closely monitor initial customer feedback and production scalability in the coming months.
First Deliveries of Commercial EV Trucks Begin in October 2024
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
"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
To learn more about Bollinger Motors, visit www.BollingerMotors.com.
ABOUT BOLLINGER MOTORS
Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a
ABOUT MULLEN
Mullen Automotive (NASDAQ: MULN) is a
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
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