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In September 2022, renderings of the Commercial Platform-based Bollinger B4 cab-forward medium-duty Class 4 truck were unveiled. [29] Also in September 2022, Mullen Automotive acquired a 60% controlling interest in Bollinger Motors for US$148.2 million. [30] The news spurred speculation the B1/B2 could be relaunched. [31]
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher on Wednesday. The company’s Bollinger Motors disclosed its first West Coast customer delivery for a total retail value of nearly ...
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In April 2022, an article by Hindenburg Research presented Mullen as one of "the worst [electric vehicle] hustles" in recent history. [15] In September 2022 Mullen purchased a controlling stake in Bollinger Motors, a manufacturer of EV pick-ups and SUVs, for $148.2 million [16] This valued pre-revenue Bollinger Motors at $247 Million. In June ...
The Bollinger B1 is a four-wheel drive off-road SUV announced in 2017 by Bollinger Motors along with a pickup truck variant, marketed as the Bollinger B2. Bollinger announced in 2022 that the production of the vehicles has been delayed indefinitely.
In June, California also approved a groundbreaking policy requiring manufacturers to sell a rising number of zero-emission vehicles, starting in 2024. EV startup Bollinger plans electric delivery ...