Mullen(MULN) News: Bollinger Motors Partnerships, CARB HVIP & University Orders

In Mullen news are Bollinger Motors’ partnerships, CARB HVIP incentives and university orders.

Bollinger Motors Partnership with National Auto Fleet Group to Supply Electric Trucks to Government Agencies

Bollinger Motors, a commercial EV manufacturer, has partnered with National Auto Fleet Group (NAFG) to sell its all-electric Class 4 Bollinger B4 trucks to government entities via NAFG’s Sourcewell-awarded contract. The partnership aims to meet the growing demand for electrification in government fleets, with the Bollinger B4 offering a range of 185 miles, a payload capacity of 7,394 lbs., and a unique chassis design for enhanced durability and safety.

NAFG, a trusted vendor for government and municipal fleets, sees the B4 as a critical addition to support electrification strategies across its clients. The agreement also provides Bollinger Motors with greater access to government contracts through Sourcewell, a cooperative purchasing organization.

Recent Bollinger milestones include:
– Launching production on September 16, 2024.
– Securing regulatory approvals, including FMVSS compliance, EPA certification, and CARB certification.
– Signing fleet agreements with multiple companies, including Momentum Group (145 vehicles) and Doering Fleet Management (70 vehicles).
– Expanding dealer and service networks and collaborating with Our Next Energy for battery supply.

Bollinger continues to establish itself as a key player in the commercial EV market, particularly for government and municipal fleets.

CA HVIP for Bollinger Class 4

Bollinger Motors, a commercial EV manufacturer, has qualified for California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP), enabling California-based customers to access incentives of up to $100,000 per vehicle when combined with Inflation Reduction Act incentives. This milestone highlights Bollinger’s growing presence in the commercial EV market and aligns with California’s commitment to sustainable transportation.

The Bollinger B4 Chassis Cab, a Class 4 electric truck with a 185-mile range and a 7,394-pound payload capacity, is designed with input from fleet operators for versatility and safety, featuring a protective Quad-Bend chassis. Recent achievements include the B4 production launch, regulatory compliance milestones, major fleet agreements, expanded dealer partnerships, and collaborations for battery supply and warranty services.

Mullen Automotive Secures EV Orders from Leading Universities

Mullen Automotive, Inc. (NASDAQ: MULN), a manufacturer of electric vehicles (EVs), announced new orders for its Mullen ONE Class 1 commercial EV cargo vans from prominent California universities in Los Angeles and Berkeley. This follows recent purchases by prestigious institutions such as Princeton University, the University of Virginia, and the University of North Carolina.

The growing demand reflects a broader shift toward clean energy adoption within higher education, as universities focus on achieving sustainability and zero-emission goals. Mullen’s commercial EVs, designed for efficiency and cost savings, align with these priorities, enhancing campus operations and reducing carbon footprints.

CEO David Michery highlighted Mullen’s expanding presence in the higher education market, emphasizing the company’s role in supporting institutional sustainability goals. Mullen’s lineup includes the Mullen ONE cargo van and Mullen THREE cab chassis truck, both compliant with U.S. safety and emissions standards. These vehicles are eligible for significant incentives, including federal tax credits and state-specific rebates, further promoting affordability for fleet customers.