Mullen Subsidiary, Bollinger Motors, Announces Class 4 All-Electric Truck Generates Over $4 Million in Post-Production Launch Sales
Mullen Automotive's subsidiary, Bollinger Motors, reports successful initial sales of its B4 electric trucks, delivering 25 units worth approximately $4.1 million since production began in September. The Class 4 all-electric commercial truck features a 158-kWh battery pack, 7,300+ pounds payload capacity, and 185-mile average range.
Production is being carried out through a partnership with Roush Industries in Livonia, Michigan. The company has established a nationwide dealer network including notable partners like Anderson Motors, TEC Equipment, and Nacarato Truck Centers. Key achievements include FMVSS compliance, EPA and CARB certifications, and partnerships with Our Next Energy for battery packs and Amerit Fleet Solutions for mobile service.
La sussidiaria di Mullen Automotive, Bollinger Motors, riporta vendite iniziali di successo dei suoi camion elettrici B4, consegnando 25 unità per un valore di circa 4,1 milioni di dollari da quando la produzione è iniziata a settembre. Il camion commerciale completamente elettrico di Classe 4 presenta un pacco batteria da 158 kWh, una capacità di carico di oltre 3.300 kg e un'autonomia media di 185 miglia.
La produzione avviene attraverso una partnership con Roush Industries a Livonia, Michigan. L'azienda ha stabilito una rete di concessionari a livello nazionale, comprendente partner di rilievo come Anderson Motors, TEC Equipment e Nacarato Truck Centers. Tra i risultati chiave ci sono la conformità FMVSS, le certificazioni EPA e CARB, e collaborazioni con Our Next Energy per i pacchi batteria e Amerit Fleet Solutions per il servizio mobile.
La subsidiaria de Mullen Automotive, Bollinger Motors, informa sobre las exitosas ventas iniciales de sus camiones eléctricos B4, entregando 25 unidades por un valor aproximado de 4,1 millones de dólares desde que comenzó la producción en septiembre. El camión comercial totalmente eléctrico de Clase 4 cuenta con un paquete de batería de 158 kWh, una capacidad de carga útil de más de 3,300 kg y un rango promedio de 185 millas.
La producción se lleva a cabo a través de una asociación con Roush Industries en Livonia, Michigan. La empresa ha establecido una red de concesionarios a nivel nacional que incluye socios destacados como Anderson Motors, TEC Equipment y Nacarato Truck Centers. Los logros clave incluyen el cumplimiento de FMVSS, las certificaciones de la EPA y la CARB, y asociaciones con Our Next Energy para los paquetes de batería y Amerit Fleet Solutions para el servicio móvil.
멀렌 오토모티브의 자회사인 볼린저 모터스는 B4 전기 트럭의 초기 판매가 성공적이라는 보고를 하였으며, 생산이 시작된 9월 이후 약 410만 달러 가치의 25대를 배송하였습니다. 이 4등급 완전 전기 상용 트럭은 158-kWh 배터리 팩, 3,300kg 이상의 적재 용량, 평균 185마일의 주행 거리를 갖추고 있습니다.
생산은 미시간주 리보니아에 있는 라우시 산업과의 협력을 통해 이루어지고 있습니다. 이 회사는 앤더슨 모터스, TEC 장비, 나카라토 트럭 센터와 같은 저명한 파트너를 포함한 국가적인 딜러 네트워크를 구축하였습니다. 주요 성과로는 FMVSS 준수, EPA 및 CARB 인증, Our Next Energy와의 배터리 팩 파트너십, 및 Amerit Fleet Solutions와의 모바일 서비스에 대한 협력이 있습니다.
La filiale de Mullen Automotive, Bollinger Motors, annonce des ventes initiales réussies de ses camions électriques B4, avec 25 unités livrées pour une valeur d'environ 4,1 millions de dollars depuis le début de la production en septembre. Le camion commercial entièrement électrique de Classe 4 est équipé d'un pack de batterie de 158 kWh, d'une capacité de charge utile de plus de 3 300 kg, et d'une autonomie moyenne de 185 miles.
La production se fait en partenariat avec Roush Industries à Livonia, Michigan. L'entreprise a mis en place un réseau de concessionnaires à l'échelle nationale, incluant des partenaires notables comme Anderson Motors, TEC Equipment, et Nacarato Truck Centers. Les réalisations clés incluent la conformité aux FMVSS, les certifications EPA et CARB, et des partenariats avec Our Next Energy pour les packs de batteries et Amerit Fleet Solutions pour le service mobile.
Die Tochtergesellschaft von Mullen Automotive, Bollinger Motors, berichtet über erfolgreiche Erstverkäufe ihrer B4-Elektro-Lkw und hat seit Produktionsbeginn im September 25 Einheiten im Wert von etwa 4,1 Millionen US-Dollar geliefert. Der vollständig elektrische Nutzfahrzeug der Klasse 4 verfügt über ein 158-kWh-Batteriepaket, eine Nutzlastkapazität von über 3.300 kg und eine durchschnittliche Reichweite von 185 Meilen.
Die Produktion erfolgt in Zusammenarbeit mit Roush Industries in Livonia, Michigan. Das Unternehmen hat ein landesweites Händlernetzwerk eingerichtet, das bedeutende Partner wie Anderson Motors, TEC Equipment und Nacarato Truck Centers umfasst. Zu den wichtigen Erfolgen gehören die Einhaltung der FMVSS-Vorgaben, die EPA- und CARB-Zertifizierungen sowie Partnerschaften mit Our Next Energy für Batteriepakete und Amerit Fleet Solutions für mobile Dienstleistungen.
- Generated $4.1 million in sales from first 25 B4 trucks
- Successfully launched production with Roush Industries
- Established nationwide dealer network with major partners
- Obtained key regulatory certifications (FMVSS, EPA, CARB)
- None.
Insights
The delivery of 25 B4 trucks generating
The commercial EV truck segment presents a significant opportunity, particularly in the Class 4 category where the B4 operates. The initial sales momentum, averaging about 8 vehicles per month, suggests market acceptance but also highlights the gradual nature of commercial EV adoption. The strategic establishment of partnerships with major truck dealers like TEC Equipment and Nacarato Truck Centers provides important market access. The B4's specifications, including a
25 B4s delivered and paid for since start of production
BREA, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has delivered its first 25 B4 trucks, with a retail sales value of approximately
The 2025 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 vehicle also features a payload in excess of 7,300 pounds with an average driving range of 185 miles. Bollinger Motors began serial production of the B4 on Sept. 16 via its manufacturing partnership with Roush Industries at their facility in Livonia, Michigan.
“It is gratifying to see the Bollinger B4 rolling off the line, onto dealer lots and into customer fleets,” said Jim Connelly, chief revenue officer for Bollinger Motors. “This vehicle has been designed and engineered to provide fleet owners with an economical, sustainable transportation option capable of providing a wide variety of vehicle use cases. Initial customer reaction has been positive, and we have built strong momentum as we head into 2025, with a growing number of significant orders in-process.”
Connelly credited the Bollinger Motors’ nationwide dealer sales and service network for helping the company get out of the gate quickly. During 2024, Bollinger Motors has announced agreements with some of the industry’s top commercial vehicle dealers, including Anderson Motors, TEC Equipment, Nacarato Truck Centers, Bergey’s Truck Centers, Broadway Ford Truck Center, and Affinity Truck Center. The company will continue adding to this impressive dealer roster in key markets in 2025.
Bollinger Motors has passed numerous milestones during this period, including:
- Its production launch on Sept. 16 at Roush Industries in Livonia, Michigan;
- Achieving FMVSS compliance;
- Receiving the Certificate of Conformity from the Environmental Protection Agency, and CARB certification;
- The creation of a world-class dealer and service network;
- An agreement with Our Next Energy in Novi, Michigan, for battery packs;
- Providing a full warranty coverage of the B4 chassis cab; and,
- Announcing 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, 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
To learn more about the Company, visit www.MullenUSA.com.
Mullen Forward-Looking Statements
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 Mullen and Bollinger Motors and are difficult to predict. Examples of such risks and uncertainties include timing of delivery of the newly ordered B4 trucks; how many vehicles Bollinger will sell; whether Bollinger dealers will order further vehicles; whether the Bollinger B4 will prove successful; how long state and federal electric vehicle incentive programs will continue to apply; the ability of Bollinger Motors’ B4 Class trucks to qualify for such incentive programs; and the impact of incentive programs on the resultant price of the Bollinger B4 Class trucks.
Additional examples of such risks and uncertainties include but are not limited to: (i) Mullen and Bollinger Motors' ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Mullen and Bollinger Motors' ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Mullen and Bollinger Motors' ability to successfully expand in existing markets and enter new markets; (iv) Mullen and 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 Mullen and Bollinger Motors' business; (viii) changes in government licensing and regulation that may adversely affect Mullen and Bollinger Motors' business; (ix) the risk that changes in consumer behavior could adversely affect Mullen and Bollinger Motors' business; (x) Mullen and 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. Mullen and Bollinger Motors anticipate that subsequent events and developments may cause the Company’s plans, intentions and expectations to change. Mullen and Bollinger Motors assume no obligation, and specifically disclaim 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 Mullen and Bollinger Motors' plans and expectations as of any subsequent date.
Bollinger Media Contact:
Mike DeVilling
(248) 875-4207,
mdevilling@westshorepr.com
Contact:
Mullen Automotive, Inc.
+1 (714) 613-1900
www.MullenUSA.com
Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
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