Bollinger Motors Takes Next Step to Bring B4 Chassis Cab to Market with Announcement of Warranty Coverage
Bollinger Motors has announced comprehensive warranty coverage for its all-electric B4 Chassis Cab, a Class 4 commercial truck. The warranty includes 3-year/36,000-mile bumper-to-bumper, 5-year/50,000-mile powertrain, and 8-year/100,000-mile high voltage battery coverage. This move demonstrates the company's confidence in the B4's durability and capability.
The company has achieved several milestones, including EPA certification, multiple vehicle sales to fleet management companies, and partnerships with key suppliers and service providers. Bollinger Motors anticipates B4 deliveries to begin in the second half of 2024. The company has also appointed James Taylor, a former General Motors executive, as CEO to lead its production preparations.
Bollinger Motors ha annunciato una copertura di garanzia completa per il suo B4 Chassis Cab tutto elettrico, un camion commerciale di Classe 4. La garanzia comprende una copertura di 3 anni/36.000 miglia bumper-to-bumper, 5 anni/50.000 miglia per il powertrain e 8 anni/100.000 miglia per la batteria ad alta tensione. Questa mossa dimostra la fiducia dell'azienda nella durata e nelle capacità del B4.
L'azienda ha raggiunto numerosi traguardi, tra cui la certificazione EPA, diverse vendite di veicoli a compagnie di gestione flotte e collaborazioni con fornitori e servizi chiave. Bollinger Motors prevede che le consegne del B4 inizieranno nella seconda metà del 2024. Inoltre, l'azienda ha nominato James Taylor, un ex dirigente della General Motors, come CEO per guidare i preparativi per la produzione.
Bollinger Motors ha anunciado una cobertura de garantía integral para su camión comercial de Clase 4, el B4 Chassis Cab totalmente eléctrico. La garantía incluye 3 años/36,000 millas de cobertura total, 5 años/50,000 millas para el tren motriz y 8 años/100,000 millas para la batería de alta tensión. Este movimiento demuestra la confianza de la empresa en la durabilidad y capacidad del B4.
La empresa ha alcanzado varios hitos, incluyendo la certificación de la EPA, múltiples ventas de vehículos a empresas de gestión de flotas, y alianzas con proveedores y servicios clave. Bollinger Motors anticipa que las entregas del B4 comenzarán en la segunda mitad de 2024. La compañía también ha nombrado a James Taylor, un exejecutivo de General Motors, como CEO para liderar los preparativos de producción.
볼링거 모터스는 전체 전기 B4 섀시 캡에 대한 포괄적인 보증 범위를 발표했습니다. 이는 4급 상업용 트럭입니다. 보증은 3년/36,000마일 범퍼 투 범퍼, 5년/50,000마일 파워트레인, 8년/100,000마일 고전압 배터리를 포함합니다. 이 조치는 B4의 내구성과 성능에 대한 회사의 신뢰를 나타냅니다.
회사는 EPA 인증, 여러 차량을 함대 관리 회사에 판매, 주요 공급업체 및 서비스 제공자와의 파트너십을 포함한 여러 이정표를 달성했습니다. 볼링거 모터스는 B4의 배송이 2024년 하반기에 시작될 것으로 예상하고 있습니다. 또한, 회사를 제임스 테일러, 전 제너럴 모터스 임원을 CEO로 임명하여 생산 준비를 이끌게 했습니다.
Bollinger Motors a annoncé une couverture de garantie complète pour son B4 Chassis Cab entièrement électrique, un camion commercial de Classe 4. La garantie inclut une couverture de 3 ans/36,000 miles de bumper à bumper, 5 ans/50,000 miles pour le groupe motopropulseur et 8 ans/100,000 miles pour la batterie haute tension. Ce geste démontre la confiance de l'entreprise dans la durabilité et les capacités du B4.
L'entreprise a atteint plusieurs jalons, notamment la certification de l'EPA, de multiples ventes de véhicules à des sociétés de gestion de flotte, et des partenariats avec des fournisseurs et des prestataires de services clés. Bollinger Motors anticipe que les livraisons du B4 commenceront dans la seconde moitié de 2024. L'entreprise a également nommé James Taylor, un ancien cadre de General Motors, comme PDG pour diriger les préparatifs de production.
Bollinger Motors hat eine umfassende Garantie für sein vollelektrisches B4 Chassis Cab, einen Nutzfahrzeug der Klasse 4, angekündigt. Die Garantie umfasst 3 Jahre/36.000 Meilen Rundum-Garantie, 5 Jahre/50.000 Meilen Antriebsstrang und 8 Jahre/100.000 Meilen Hochvoltbatterie. Dieser Schritt zeigt das Vertrauen des Unternehmens in die Haltbarkeit und Leistungsfähigkeit des B4.
Das Unternehmen hat mehrere Meilensteine erreicht, darunter die EPA-Zertifizierung, mehrere Fahrzeugverkäufe an Flottenmanagementunternehmen sowie Partnerschaften mit wichtigen Lieferanten und Dienstleistern. Bollinger Motors erwartet, dass die Lieferungen des B4 in der zweiten Hälfte des Jahres 2024 beginnen. Das Unternehmen hat auch James Taylor, einen ehemaligen Manager von General Motors, zum CEO ernannt, um die Produktionsvorbereitungen zu leiten.
- Comprehensive warranty coverage for the B4 Chassis Cab, including 8-year/100,000-mile battery warranty
- Multiple vehicle sales to fleet management companies, totaling over 200 units
- Partnerships with key suppliers and service providers, including Our Next Energy for battery packs and Roush Industries for assembly
- EPA Certificate of Conformity received
- Appointment of experienced automotive executive James Taylor as CEO
- None.
Insights
Bollinger Motors' announcement of warranty coverage for its B4 Chassis Cab is a significant move in the commercial electric vehicle market. The warranty terms are robust and demonstrate the company’s confidence in its product. Specifically, the 8-year/100,000-mile coverage on the high-voltage battery is particularly noteworthy; batteries are a critical component in EVs and their longevity is a major concern for potential buyers. By offering such extensive coverage, Bollinger is addressing these concerns head-on, which could be a strong selling point for fleet operators concerned about long-term operational costs. Additionally, the certification from the Environmental Protection Agency and the various sales agreements suggest that Bollinger is serious about its market entry and that their product has been validated by early adopters.
From a financial perspective, the extended warranties and recent sales agreements position Bollinger Motors well for potential growth. The agreements with companies like Doering Fleet Management and others indicate initial market acceptance, which is important for a startup in the highly competitive EV industry. Furthermore, the partnerships with Nacarato Truck Centers, Nuss Truck & Equipment and LaFontaine Auto Group to serve as dealers and service centers are strategic. They provide the necessary infrastructure to support sales and service, which is often a challenge for new market entrants. The addition of James Taylor, a former executive from General Motors, as CEO could also be a positive signal to investors, suggesting that the company is focused on scaling its operations and leveraging industry experience. However, investors should monitor the company's financial health closely, especially as it moves towards the production phase.
The warranty coverage announcement is a strategic move by Bollinger Motors to differentiate itself in the commercial EV market. This market is becoming increasingly crowded with both established players and new entrants. The commercial vehicle sector often demands reliability and lower total cost of ownership and Bollinger’s comprehensive warranty aims to meet these expectations. Additionally, the various milestones achieved, including sales agreements and environmental certification, show that Bollinger is making tangible progress towards market entry. Fleet operators tend to be risk-averse and having a solid warranty, coupled with third-party validations, can significantly enhance market acceptance. The partnerships with companies like Our Next Energy for battery packs and Roush Industries for vehicle assembly also indicate a well-thought-out supply chain strategy that could ensure production efficiency and quality control.
Under the warranty, Bollinger will provide comprehensive, competitive coverage for:
- Bumper-to-Bumper: 3-year/36,000-miles
- Powertrain: 5-year/50,000-miles
- High Voltage Battery: 8-year/100,000-miles
- Air Conditioning: 5-year/50,000-miles
- Frame Rails & Cross-Members: 5-years/unlimited miles
- Corrosion (perforation only): 5-years/unlimited miles
- Tires: 4-years/unlimited miles
"We have designed and engineered the Bollinger B4 to have unmatched capability and durability, and we are proud to be offering warranty coverage to reflect that," said Jim Connelly, chief revenue officer of Bollinger Motors. "Our warranty provides our customers the peace-of-mind they need in making their decision and demonstrates the confidence we have in the B4."
The Bollinger B4 is designed from the ground up with extensive fleet and upfitter input. Bollinger's unique chassis design protects the 158-kwh dual-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.
Warranty availability is another important next step in bringing the Bollinger B4 to market. The company has reached several milestones in recent months, including: receiving the Certificate of Conformity from the Environmental Protection Agency; a 70 vehicle sale to Doering Fleet Management; a five vehicle sale to Spencer Manufacturing, which will upfit the vehicles into emergency rescue trucks; an 80 vehicle sale to Momentum Group; 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, Michigan, to supply battery packs; Roush Industries in Livonia, Michigan, to manage vehicle assembly operations; Syncron as its warranty administration partner; and Amerit Fleet Solutions as its mobile service provider.
In addition to Bollinger Motors' growth, it recently named former General Motors executive James Taylor as CEO. He takes over for company founder Robert Bollinger, who will remain on the company's Board of Directors and a founding shareholder. This leadership change positions Bollinger Motors for continued success as the company prepares for production.
To learn more about preordering the B4 Chassis Cab, visit www.BollingerMotors.com.
ABOUT BOLLINGER MOTORS
Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bollinger-motors-takes-next-step-to-bring-b4-chassis-cab-to-market-with-announcement-of-warranty-coverage-302203789.html
SOURCE Bollinger Motors
FAQ
What is the warranty coverage for the Bollinger B4 Chassis Cab?
When will Bollinger Motors start delivering the B4 Chassis Cab?
Who is the new CEO of Bollinger Motors?
What recent milestones has Bollinger Motors achieved for the B4 Chassis Cab?
