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Bollinger Motors Announces 30 Unit Vehicle Sale to Ziegler and Range Truck Groups, DB Schenker and Larsen Enterprises

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Bollinger Innovations (NASDAQ: BINI) has announced a significant commercial EV sale totaling $1,074,035 for 30 vehicles to multiple customers. The order comprises 20 Class 1 urban delivery EV cargo vans, 6 Class 3 urban utility EV trucks, and 4 Class 4 Bollinger B4 trucks.

The Company has already received full payment from DB Schenker and expects payment from Ziegler and Range Truck Groups by September 30, 2025. Two Bollinger B4s were delivered to Larsen Enterprises on August 29, 2025. The company's management highlighted strong demand for their EV lineup and improved sales efficiency following recent restructuring efforts.

Bollinger Innovations (NASDAQ: BINI) ha annunciato una significativa vendita commerciale di veicoli elettrici per un totale di $1.074.035 relativa a 30 veicoli venduti a più clienti. L’ordine comprende 20 furgoni elettrici per consegne urbane di Classe 1, 6 autocarri elettrici utilitari urbani di Classe 3 e 4 autocarri Bollinger B4 di Classe 4.

L’azienda ha già ricevuto il pagamento integrale da DB Schenker e si aspetta il saldo da Ziegler e Range Truck Groups entro il 30 settembre 2025. Due Bollinger B4 sono stati consegnati a Larsen Enterprises il 29 agosto 2025. La direzione ha sottolineato una forte domanda per la gamma di veicoli elettrici e una maggiore efficienza nelle vendite a seguito delle recenti riorganizzazioni.

Bollinger Innovations (NASDAQ: BINI) ha anunciado una importante venta comercial de vehículos eléctricos por un total de $1.074.035 correspondiente a 30 vehículos para varios clientes. El pedido incluye 20 furgonetas eléctricas urbanas de reparto Clase 1, 6 camiones eléctricos urbanos utilitarios Clase 3 y 4 camiones Bollinger B4 Clase 4.

La compañía ya ha recibido el pago completo de DB Schenker y espera el pago de Ziegler y Range Truck Groups antes del 30 de septiembre de 2025. Dos Bollinger B4 se entregaron a Larsen Enterprises el 29 de agosto de 2025. La dirección destacó la fuerte demanda de su gama de vehículos eléctricos y una mayor eficiencia en las ventas tras las recientes reestructuraciones.

Bollinger Innovations (NASDAQ: BINI)는 다수 고객을 대상으로 한 30대의 전기차에 대해 총액 $1,074,035 규모의 유의미한 상업용 판매를 발표했습니다. 해당 주문에는 클래스 1 도시 배송용 전기 화물 밴 20대, 클래스 3 도시 유틸리티 전기 트럭 6대, 클래스 4 Bollinger B4 트럭 4대가 포함됩니다.

회사는 이미 DB Schenker로부터 전액을 수령했으며 Ziegler 및 Range Truck Groups로부터의 대금은 2025년 9월 30일까지 받을 것으로 예상하고 있습니다. 두 대의 Bollinger B4는 2025년 8월 29일 Larsen Enterprises에 인도되었습니다. 경영진은 전기차 라인업에 대한 강한 수요와 최근 구조조정 이후 향상된 판매 효율성을 강조했습니다.

Bollinger Innovations (NASDAQ: BINI) a annoncé une vente commerciale significative de véhicules électriques d’un montant total de 1 074 035 $ pour 30 véhicules à plusieurs clients. La commande comprend 20 fourgons électriques urbains de livraison de Classe 1, 6 camions utilitaires électriques urbains de Classe 3 et 4 camions Bollinger B4 de Classe 4.

La société a déjà reçu le paiement intégral de DB Schenker et attend les paiements de Ziegler et Range Truck Groups d’ici le 30 septembre 2025. Deux Bollinger B4 ont été livrés à Larsen Enterprises le 29 août 2025. La direction a souligné une forte demande pour leur gamme de véhicules électriques et une amélioration de l’efficacité commerciale après les récentes restructurations.

Bollinger Innovations (NASDAQ: BINI) hat einen bedeutenden kommerziellen Verkauf von Elektrofahrzeugen in Höhe von insgesamt $1.074.035 für 30 Fahrzeuge an mehrere Kunden bekanntgegeben. Der Auftrag umfasst 20 elektrische Klasse-1-Stadtlieferwagen, 6 elektrische Klasse-3-Stadt-Nutzfahrzeuge und 4 Klasse-4 Bollinger B4 Lastwagen.

Das Unternehmen hat die vollständige Zahlung bereits von DB Schenker erhalten und erwartet die Zahlungen von Ziegler und Range Truck Groups bis zum 30. September 2025. Zwei Bollinger B4 wurden am 29. August 2025 an Larsen Enterprises ausgeliefert. Das Management hob die starke Nachfrage nach der EV-Produktlinie und eine verbesserte Vertriebseffizienz nach den jüngsten Umstrukturierungen hervor.

Positive
  • Secured sales contract worth $1,074,035 for 30 commercial EVs
  • Full payment already received from DB Schenker
  • Achieved improved sales efficiency with lower-cost model after restructuring
  • Growing demand for EV product lineup
  • All vehicles are certified and available for sale across the U.S.
Negative
  • Payment from Ziegler and Range Truck Groups still pending

Insights

Bollinger's $1.07M commercial EV sale demonstrates growing product market traction and improved operational efficiency after restructuring.

Bollinger Motors has secured a $1,074,035 sale for 30 commercial electric vehicles across multiple classes to several business customers. The transaction includes 20 Class 1 urban delivery vans, six Class 3 utility trucks, and four Class 4 Bollinger B4 trucks, with partial payment already received and the remainder expected by September 30.

This sale represents meaningful commercial traction for Bollinger's diversified EV lineup. The company has strategically positioned itself across multiple commercial vehicle classes (1, 3, and 4), targeting the urban delivery and utility segments that are prime for electrification due to predictable routes and return-to-base operations.

The customer diversity in this deal is particularly noteworthy. DB Schenker, a global logistics provider, has already completed payment, while Ziegler/Range Truck Groups and Larsen Enterprises constitute the remainder of the order. This multi-customer arrangement suggests Bollinger is successfully penetrating different market segments rather than relying on a single large customer.

Management's commentary about increased delivery rates and building demand indicates improving operational execution following what appears to be a recent restructuring of their sales approach. The mention of a "more efficient, lower-cost model" for their sales team suggests the company is making progress on reducing operational expenses while maintaining revenue growth – a critical balance for emerging EV manufacturers.

The announcement that all vehicles are certified and available nationwide is significant, as regulatory certification has been a bottleneck for many EV startups. This certification across all U.S. markets removes a potential barrier to scaling sales beyond initial customers.

Sales invoiced at $1,074,035; Company in receipt of full payment from DB Schenker and expects to receive full payment from Ziegler/Range on or before Sept. 30, 2025

Vehicles include 20 Class 1 urban delivery EV cargo vans, six Class 3 urban utility EV trucks and four Class 4 all-electric Bollinger B4 trucks

Two Bollinger B4s delivered to Larsen Enterprises on Aug. 29, 2025

BREA, Calif., Sept. 04, 2025 (GLOBE NEWSWIRE) -- via IBN -- Bollinger Innovations, Inc. (NASDAQ: BINI) (“Bollinger Innovations” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today Bollinger Motors’ sale of 30 commercial EVs, valued at $1,074,035 to Ziegler Truck Group and its counterpart company, Range Truck Group, DB Schenker and Larsen Enterprises. The sales include 20 Class 1 urban delivery EV cargo vans, six Class 3 urban utility EV trucks and four Class 4 all-electric Bollinger B4 trucks.

The Company has received full payment from DB Schenker and is expecting to receive full payment from Ziegler and Range Truck Groups on or before Sept. 30, 2025.

“Bollinger Motors continues to deliver vehicles at an increased rate with vehicles being shipped now and through the quarter ending Sept. 30, 2025,” said Jim Connelly, Chief Revenue Officer of Bollinger Innovations and Bollinger Motors. “The demand for our EV product lineup continues to build as our vehicles hit the street and get into our customers’ hands.”

“As the result of our recent restructuring, our sales team has not only achieved strong results in a short period, but has done so with a more efficient, lower-cost model,” said David Michery, CEO and chairman of Bollinger Innovations and Bollinger Motors. “I am very pleased with the direction and performance of the new sales team.”

The Company’s commercial EV lineup includes the Class 1 urban delivery EV cargo van, and the Class 3 urban utility EV cab chassis truck. The Bollinger B4 chassis cab is an all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input, making it ideal for a variety of urban operations. All vehicles are certified and available for sale across the U.S.

About Bollinger Innovations, Inc.

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, when the Company will receive payment from Ziegler/Range, how many vehicles will be delivered by Sept. 30, 2025, and the Company’s future sales performance. 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 total value of Bollinger's (NASDAQ: BINI) recent EV sales contract?

The total value of the sales contract is $1,074,035 for 30 commercial electric vehicles.

How many and what types of vehicles were included in Bollinger's September 2025 sale?

The sale included 20 Class 1 urban delivery EV cargo vans, 6 Class 3 urban utility EV trucks, and 4 Class 4 Bollinger B4 trucks, totaling 30 vehicles.

When did Bollinger deliver vehicles to Larsen Enterprises?

Bollinger delivered two B4 trucks to Larsen Enterprises on August 29, 2025.

What changes has Bollinger made to its sales operations?

Bollinger has implemented a restructuring that resulted in a more efficient, lower-cost sales model while achieving strong results.

When is Bollinger expecting payment from Ziegler and Range Truck Groups?

Bollinger expects to receive full payment from Ziegler and Range Truck Groups on or before September 30, 2025.
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