MULN - Mullen Announces Bollinger Motors Receives Vehicle Orders for 40 B4 Class 4 EV Trucks; Valued at Approximately $6 Million | Benzinga
100% American made Bollinger B4 start of production is scheduled for mid-2024
B4 production in collaboration with Roush Industries in Michigan
BREA, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today Bollinger Motors ("Bollinger") has received vehicle orders for 40 B4, Class 4 EV trucks. Total orders are valued at approximately $6 million.
The Company anticipates the Bollinger B4 chassis cab to begin production in mid-2024 and is expected to be eligible nationwide for a federal purchasing incentive of 30% of the cost of the vehicle, up to a total of $40,000, through the Inflation Reduction Act of 2022.
"The B4 has been very well received to date and it's great to see our first 40 vehicle orders coming in well in advance of production start," said Robert Bollinger, CEO of Bollinger Motors.
"I am proud of the Bollinger B4, which will be American-made in the great state of Michigan," said David Michery, CEO and chairman of Mullen Automotive.
The Bollinger B4 chassis cab is an all-new, all-electric Class 4 commercial truck. These purpose-built electric trucks have been designed to be custom-configured by fleets to fit their exact duty cycle needs, making the transition to electric as seamless as possible with minimal downtime. Every aspect of these trucks has been streamlined to be as versatile as possible. Clean, unobstructed frame rails for easy mounting and upfit adaptation, with all drivetrain components safely packaged inside the rails. Its cab forward design provides improved visibility and frees up space behind the driver for more cargo.
BOLLINGER B4 Specs
VEHICLE CLASS - 4
GVWR - 15,500 LBS
REAR AXLE DUAL RWD - 10,500 LBS
SOLID FRONT AXLE - 6,500 LBS
PAYLOAD - 7,325 LBS
WHEELBASE - 158"