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Bollinger Innovations Signs Agreement with Ariel Fleet Holdings to Provide FedEx ISPs, Advanced Logistics Systems and Springbok Holdings with 34 Commercial EVs for Last Mile Deliveries

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Bollinger Innovations (NASDAQ: BINI) has secured an agreement with Ariel Fleet Holdings to provide 34 commercial electric vehicles to FedEx Independent Service Providers. The deal includes 30 Mullen THREE EV trucks and 4 Mullen ONE EV cargo vans to be deployed by Advanced Logistics Systems and Springbok Holdings for last-mile deliveries in North Carolina, Virginia, and the mid-Atlantic region.

The agreement demonstrates the growing adoption of Bollinger's zero-emissions commercial vehicle lineup, which includes the Class 1 Mullen ONE urban delivery van, Class 3 Mullen THREE utility truck, and Class 4 Bollinger B4 chassis cab. All vehicles comply with U.S. Federal Motor Vehicle Safety Standards, EPA, and CARB certifications.

Bollinger Innovations (NASDAQ: BINI) ha ottenuto un accordo con Ariel Fleet Holdings per fornire 34 veicoli commerciali elettrici agli fornitori indipendenti di servizi FedEx. L'accordo prevede 30 camion Mullen THREE EV e 4 furgoni cargo Mullen ONE EV da assegnare a Advanced Logistics Systems e Springbok Holdings per consegne dell’ultimo miglio in North Carolina, Virginia e nella regione mid-Atlantic.

L'accordo evidenzia l'adozione crescente della linea di veicoli commerciali a zero emissioni di Bollinger, che comprende il Class 1 Mullen ONE van urbano per consegne, il Class 3 Mullen THREE camion utility e il Class 4 Bollinger B4 chassis cab. Tutti i veicoli sono conformi agli standard di sicurezza federali degli Stati Uniti FMVSS, nonché alle certificazioni EPA e CARB.

Bollinger Innovations (NASDAQ: BINI) ha asegurado un acuerdo con Ariel Fleet Holdings para proporcionar 34 vehículos comerciales eléctricos a Proveedores de Servicios Independientes de FedEx. El acuerdo incluye 30 camiones Mullen THREE EV y 4 furgonetas Mullen ONE EV que serán desplegados por Advanced Logistics Systems y Springbok Holdings para entregas de última milla en Carolina del Norte, Virginia y la región del Atlántico Medio.

El acuerdo demuestra la creciente adopción de la gama de vehículos comerciales de cero emisiones de Bollinger, que incluye la furgoneta urbana Class 1 Mullen ONE, el camión utilitario Class 3 Mullen THREE y el chasis de Class 4 Bollinger B4. Todos los vehículos cumplen con las normas federales de seguridad de vehículos motorizos de EE. UU. (FMVSS), así como con las certificaciones EPA y CARB.

Bollinger Innovations (NASDAQ: BINI)가 FedEx 독립 서비스 공급업체에 Ariel Fleet Holdings와 함께 34대의 상용 전기차를 제공하는 계약을 체결했습니다. 계약에는 30대 Mullen THREE EV 트럭4대 Mullen ONE EV 화물 밴이 포함되어 있으며, 이 차량들은 Advanced Logistics Systems 및 Springbok Holdings가 북캐롤라이나주, 버지니아주, 중대서양 지역의 최종 마일 배송에 투입될 예정입니다.

이 계약은 Bollinger의 제로 배출 상용차 라인업 채택이 증가하고 있음을 보여주며, 여기에는 클래스 1 Mullen ONE 도시 배송 밴, 클래스 3 Mullen THREE 유틸리티 트럭, 클래스 4 Bollinger B4 차대가 포함됩니다. 모든 차량은 미국 연방 자동차 안전 기준(FMVSS), EPA 및 CARB 인증을 준수합니다.

Bollinger Innovations (NASDAQ: BINI) a conclu un accord avec Ariel Fleet Holdings pour fournir 34 véhicules commerciaux électriques à des prestataires de services indépendants FedEx. L'accord comprend 30 camions Mullen THREE EV et 4 fourgonnettes Mullen ONE EV qui seront déployés par Advanced Logistics Systems et Springbok Holdings pour les livraisons du dernier kilomètre en Caroline du Nord, en Virginie et dans la région mid-Atlantic.

Cet accord démontre l'adoption croissante de la gamme de véhicules commerciaux zéro émission de Bollinger, qui comprend la Class 1 Mullen ONE fourgonnette urbaine de livraison, la Class 3 Mullen THREE camion utilitaire et le Class 4 Bollinger B4 châssis cabine. Tous les véhicules sont conformes aux normes fédérales américaines de sécurité des véhicules motorisés (FMVSS), ainsi qu'aux certifications EPA et CARB.

Bollinger Innovations (NASDAQ: BINI) hat eine Vereinbarung mit Ariel Fleet Holdings getroffen, um 34 kommerzielle Elektrofahrzeuge an FedEx Independent Service Providers zu liefern. Die Vereinbarung umfasst 30 Mullen THREE EV-Trucks und 4 Mullen ONE EV-Transporter, die von Advanced Logistics Systems und Springbok Holdings für Last-Mile-Lieferungen in North Carolina, Virginia und der Mid-Atlantic-Region eingesetzt werden sollen.

Die Vereinbarung zeigt die zunehmende Akzeptanz der Zero-Emission‑Flotte von Bollinger, zu der der Class 1 Mullen ONE städtische Lieferwagen, der Class 3 Mullen THREE Nutzfahrzeug und der Class 4 Bollinger B4 Chassis-Cab gehören. Alle Fahrzeuge erfüllen die US-Federal Motor Vehicle Safety Standards (FMVSS), EPA- und CARB-Zertifizierungen.

Bollinger Innovations (NASDAQ: BINI) أبرمت اتفاقاً مع Ariel Fleet Holdings لتوفير 34 مركبة تجارية كهربائية لمزودي خدمات FedEx المستقلين. تشمل الصفقة 30 شاحنة Mullen THREE EV و4 حافلات شحن Mullen ONE EV ستُنفَّذ من قبل Advanced Logistics Systems وSpringbok Holdings للقيام بعمليات التوصيل من آخر ميل في كارولاينا الشمالية وفيرجينيا ومنطقة منتصف الأطلسي.

يوضح الاتفاق تبني مجموعة مركبات Bollinger التجارية خالية الانبعاثات بشكل متزايد، والتي تشمل Class 1 Mullen ONE فان التوصيل الحضري، وClass 3 Mullen THREE شاحنة الخدمات، وClass 4 Bollinger B4 هيكل مقصورة. جميع المركبات ممتثلة لمعايير سلامة المركبات الفدرالية الأمريكية FMVSS، وشهادات EPA وCARB.

Bollinger Innovations (NASDAQ: BINI) 已与 Ariel Fleet Holdings 签署协议,为 FedEx 独立服务提供商提供 34 辆商用电动汽车。该交易包括 30 辆 Mullen THREE EV 卡车4 辆 Mullen ONE EV 货运厢式车,将由 Advanced Logistics Systems 和 Springbok Holdings 部署用于北卡罗来纳州、弗吉尼亚州及中大西洋地区的最后一公里配送。

该协议展示 Bollinger 的零排放商用车阵容日益被采用,其中包括 Class 1 Mullen ONE 城市配送厢、Class 3 Mullen THREE 实用卡车,以及 Class 4 Bollinger B4 车身底盘。所有车辆均符合美国联邦机动车安全标准 FMVSS、EPA 与 CARB 的认证。

Positive
  • New commercial agreement for 34 EV fleet vehicles with FedEx ISPs
  • Strategic expansion into last-mile delivery market with major logistics partner
  • Vehicles meet all federal safety and environmental standards
  • Geographic expansion in North Carolina, Virginia, and mid-Atlantic region
Negative
  • None.

Insights

Bollinger secures modest but strategically significant 34-vehicle order with FedEx ISPs, demonstrating commercial EV market validation in the crucial last-mile segment.

Bollinger Innovations' agreement with Ariel Fleet Holdings represents a modest but noteworthy commercial deployment of their electric vehicles in the critical last-mile delivery sector. The deal includes 30 Mullen THREE Class 3 trucks and 4 Mullen ONE Class 1 cargo vans that will be deployed with FedEx Independent Service Providers in North Carolina, Virginia, and the surrounding mid-Atlantic region.

While the 34-vehicle order size is relatively small for the commercial EV sector, the strategic significance outweighs the volume. This deployment with FedEx ISPs provides Bollinger with a valuable reference customer in the logistics industry, potentially opening doors to larger fleet orders if performance metrics satisfy operational requirements. The agreement specifically targets the last-mile delivery segment, which represents the most promising near-term market for commercial EV adoption due to predictable routes, return-to-base operations, and lower range requirements.

The involvement of FedEx ISPs is particularly noteworthy, as major logistics companies have been among the earliest adopters of commercial EVs. These fleets typically implement rigorous performance evaluations before expanding deployments, making this initial order a potential gateway to larger volume commitments. The emphasis on both performance evaluation and carbon footprint reduction in the announcement suggests the deployment will balance operational requirements with sustainability goals.

Bollinger's commercial vehicle lineup covers Classes 1, 3, and 4, positioning the company across multiple segments of the commercial EV market. The announcement's explicit mention of regulatory compliance (FMVSS, EPA, and CARB) addresses a critical concern for fleet operators regarding safety and emissions certifications.

Ariel Fleet Holdings will deploy 30 Class 3 and four Class 1 fleet EVs to Advanced Logistics Systems and Springbok Holdlings, both Independent Service Providers for FedEx Corporation who operate in North Carolina and Virginia

BREA, Calif., Oct. 02, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) (“Bollinger Innovations” or the “Company”), an electric vehicle manufacturer, today announces it has signed an agreement for 30 Mullen THREE EV trucks and four Mullen ONE EV cargo vans with Ariel Fleet Holdings (“Ariel”) to provide commercial EVs to FedEx Independent Service Providers (“ISP” or “ISPs”), Advanced Logistics Systems (“ALS”) and Springbok Holdings (“Springbok”). Ariel, based in Huntersville, North Carolina, will work with ALS and Springbok, to deploy and evaluate the Mullen THREE and Mullen ONE commercial EVs as last-mile delivery vehicles in North Carolina, Virginia and the surrounding mid- Atlantic Region.

“The Mullen THREE and the Mullen ONE are zero emissions vehicles that deliver powerful performance and are capable of handling a variety of demanding tasks,” said Jim Connelly, chief revenue officer for Bollinger Motors, a Bollinger Innovations company. “We know these vehicles will provide significant operational value and we look forward to seeing how they perform with one of the world’s leading delivery companies.”

“The Mullen THREE and Mullen ONE are ‘dynamic’ commercial electric vehicles ideal for a variety of fleet applications,” said Matthew Fuhr, president of Advanced Logistics Systems and a partner in Ariel Fleet Holdings along with Garth Mulroy. “Garth and I are excited to play a role in moving forward sustainable transportation solutions that are good for our partners and reducing our overall carbon footprint impacting the planet on a daily basis.” Mulroy, an ex PGA golf professional, has seen a direct impact on carbon emissions from his world travels being on tour. Fuhr and Mulroy are committed to a viable business model where EVs play a significant role in the day to day operations in last mile logistics.

The Company’s commercial EV lineup includes the Mullen ONE, a Class 1 urban delivery EV cargo van; the Mullen THREE, a Class 3 urban utility EV cab chassis truck purpose-built to meet the demands of urban last-mile delivery and service; and the Bollinger B4 Chassis Cab, an all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.

All vehicles are available for sale in the U.S. and in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency, and the California Air Resources Board (“CARB”) certifications denoting strict adherence to clean air emissions standards.

About Advanced Logistics Systems and Springbok Holdings

Advanced Logistics Systems and Springbok Holdings are dedicated to converting fleets to electric vehicles, driving sustainability and reducing overall vehicle operating cost. Advanced Logistics Systems has worked with Virginia Clean Cities since 2022 to promote EV rollouts, was awarded a DOE grant for deployment of an EV fleet in Fredericksburg, Virginia, and Matthew Fuhr was named Entrepreneur of the Year in the state of Virginia by Clean Cities in 2024. Advanced Logistics Systems and Springbok Holdings are Independent Service Providers for FedEx and are not endorsed, sponsored, or otherwise affiliated with FedEx.

About Bollinger Innovations

Bollinger Innovations (NASDAQ: BINI) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with a U.S. based vehicle manufacturing facility located in Tunica, Mississippi. Both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are available for sale in the U.S. The Company’s commercial dealer network consists of six dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, and Mid-Atlantic markets.

Bollinger Motors, of Oak Park, Michigan, is an established EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support.

To learn more about the Company, visit www.BollingerEV.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 Bollinger Innovations and are difficult to predict. Examples of such risks and uncertainties include but are not limited to the timing of vehicle delivery to the parties represented above. Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Innovations’ ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Innovations’ ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Innovations’ ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Innovations’ 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 Bollinger Innovations’ business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Innovations ‘ business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Innovations’ business; (x) Bollinger Innovations’ 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 Bollinger Innovations with the Securities and Exchange Commission. Bollinger Innovations anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Bollinger Innovations 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 Bollinger Innovations’  plans and expectations as of any subsequent date.

Contact:
Bollinger Innovations, Inc.
+1 (714) 613-1900
www.BollingerEV.com

Corporate Communications:
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512-354-7000 Office
Editor@InvestorBrandNetwork.com


FAQ

What is the size of Bollinger Innovations' (BINI) new EV agreement with Ariel Fleet Holdings?

Bollinger secured an agreement for 34 commercial EVs, including 30 Mullen THREE EV trucks and 4 Mullen ONE EV cargo vans.

Which FedEx ISPs will deploy Bollinger's (BINI) electric vehicles?

Advanced Logistics Systems (ALS) and Springbok Holdings will deploy the EVs for last-mile deliveries in North Carolina, Virginia, and the mid-Atlantic region.

What types of commercial EVs does Bollinger Innovations (BINI) offer?

Bollinger offers the Mullen ONE (Class 1 urban delivery van), Mullen THREE (Class 3 urban utility truck), and Bollinger B4 (Class 4 commercial truck).

What certifications do Bollinger's (BINI) commercial EVs have?

The vehicles comply with U.S. Federal Motor Vehicle Safety Standards, EPA, and California Air Resources Board (CARB) certifications.
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