via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an electric vehicle (“EV”) manufacturer, announces
today its subsidiary, Bollinger Motors (“Bollinger”), releases its
full warranty coverage on the Bollinger B4 Chassis Cab, the
company’s all-new, all-electric Class 4 commercial truck.
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 and 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-kilowatt-hour, 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 is a founding shareholder
and will remain on the company’s Board of Directors. 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 MotorsFounded 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 MullenMullen 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
$7,500 per vehicle. As of January 2024, both the Mullen ONE, a
Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis
truck, are California Air Resource Board (“CARB”) and EPA certified
and available for sale in the U.S. Recently, CARB issued HVIP
approval on the Mullen THREE, Class 3 EV truck, providing up to a
$45,000 cash voucher at time of vehicle purchase. The Company has
also recently expanded its commercial dealer network with the
addition of Pritchard EV, National Auto Fleet Group, Ziegler Truck
Group, Range Truck Group and Eco Auto, providing sales and service
coverage in key Midwest, West Coast and Pacific Northwest and New
England markets. The Company also recently announced Foreign Trade
Zone (“FTZ”) status approval for its Tunica, Mississippi,
commercial vehicle manufacturing center. FTZ approval provides a
number of benefits, including deferment of duties owed and
elimination of duties on exported vehicles.
To learn more about the Company, visit www.MullenUSA.com.
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 are difficult to
predict. Examples of such risks and uncertainties include, but are
not limited to, what if any impact the warranty will have on
vehicle sales and the timing of completion and delivery of the
Bollinger B4. Additional examples of such risks and uncertainties
include but are not limited to: (i) Mullen’s ability (or inability)
to obtain additional financing in sufficient amounts or on
acceptable terms when needed; (ii) Mullen's ability to maintain
existing, and secure additional, contracts with manufacturers,
parts and other service providers relating to its business; (iii)
Mullen’s ability to successfully expand in existing markets and
enter new markets; (iv) Mullen’s 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’s business; (viii)
changes in government licensing and regulation that may adversely
affect Mullen’s business; (ix) the risk that changes in consumer
behavior could adversely affect Mullen’s business; (x) Mullen’s
ability to protect its intellectual property; and (xi) 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 with the Securities and Exchange Commission. Mullen
anticipates that subsequent events and developments may cause its
plans, intentions and expectations to change. Mullen assumes no
obligation, and it specifically disclaims any intention or
obligation, to update any forward-looking statements, whether as a
result 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’s plans and expectations as of any subsequent
date.
SOURCE Bollinger Motors
MEDIA CONTACTS:Mike DeVilling, (248) 875-4207,
mdevilling@westshorepr.com
Contact:Mullen Automotive, Inc.+1 (714)
613-1900www.MullenUSA.com
Corporate Communications:InvestorBrandNetwork
(IBN) Los Angeles, California www.InvestorBrandNetwork.com
310.299.1717 Office Editor@InvestorBrandNetwork.com
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