BOLLINGER MOTORS STRENGTHENS MIDWEST SALES AND SERVICE PRESENCE WITH BROADWAY FORD TRUCK CENTER
Rhea-AI Summary
Bollinger Motors has partnered with St. Louis-based Broadway Ford Truck Center as an official dealer, expanding its Midwest presence. The partnership aims to meet growing EV demand among fleet managers and provide access to innovative electric vehicle solutions.
The company's B4 Chassis Cab, an all-electric class 4 commercial truck featuring a 158-kwh battery pack, began customer deliveries in October. Recent achievements include production launch, regulatory certifications (FMVSS, EPA, CARB), and significant vehicle agreements: 145 vehicles with Momentum Group, 70 with Doering Fleet Management, and 50 with EnviroCharge.
Bollinger has also expanded its dealer network, secured battery supply from Our Next Energy, and established partnerships with Syncron for warranty administration and Amerit Fleet Solutions for mobile service.
Positive
- Started customer deliveries of B4 Chassis Cab
- Secured multiple fleet orders totaling 265 vehicles
- Obtained key regulatory certifications (FMVSS, EPA, CARB)
- Expanded dealer and service network
- Established warranty and mobile service infrastructure
Negative
- None.
News Market Reaction – MULN
On the day this news was published, MULN declined 12.39%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Our partnership with Broadway Ford Truck Center in
The Bollinger B4 Chassis Cab is an all-new, all-electric class 4 commercial truck designed from the ground up with extensive fleet and upfitter input. Bollinger's unique chassis design protects the 158-kwh battery pack and components to offer unparalleled capability and safety in the commercial market. The company began delivering Bollinger B4 vehicles to customers in October.
"We are excited to partner with Bollinger Motors to bring their innovative electric trucks to the
Bollinger Motors has passed numerous milestones in the past several months, including:
- Its production launch on Sept. 16;
- Regulatory achievements including FMVSS compliance, receiving the Certificate of Conformity from the Environmental Protection Agency, and CARB certification;
- A 145-vehicle agreement with Momentum Group;
- A 70-vehicle agreement with Doering Fleet Management;
- A 50-vehicle agreement with EnviroCharge;
- The addition of Anderson Motors, TEC Equipment, Affinity Truck Center, Nacarato Truck Centers, and Nuss Truck & Equipment as dealers and service centers;
- Working with Our Next Energy in Novi,
Michigan , to supply battery packs; - Providing full warranty coverage of the B4 chassis cab; and,
- Announcing Syncron as its warranty administration partner and Amerit Fleet Solutions as its mobile service provider.
ABOUT
Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a
FORWARD-LOOKING STATEMENT
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 Motors and are difficult to predict. Examples of such risks and uncertainties include: (a) Bollinger Motors' ability to finalize a sales agreement with Doering Fleet Management, EnviroCharge, and Momentum Groups and deliver purchased vehicles on schedule; (b) Bollinger Motors' continued partnership with Anderson Motors, Affinity Truck Center, Nacarato Truck Centers, TEC Equipment, and Nuss Truck & Equipment as dealers and service centers; (c) Bollinger Motors' continued partnership with Our Next Energy as a battery supplier; (d) Bollinger Motors' continued relationship with Syncron as its warranty administration provider; and (e) Bollinger Motors' continued relationship with Amerit Fleet Solutions as its mobile service provider.
Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Motors' ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Motors' ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Motors' ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Motors' 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 Motors' business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Motors' business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Motors' business; (x) Bollinger Motors' ability to protect its intellectual property; (xi) the vehicles developed will perform as expected and (xii) 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 Automotive, Inc., of which Bollinger Motors is a partially owned subsidiary, with the Securities and Exchange Commission. Bollinger Motors anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Bollinger Motors assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether because 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 Motors' plans and expectations as of any subsequent date.
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SOURCE Bollinger Motors
FAQ
When did Bollinger Motors start delivering B4 Chassis Cab vehicles?
How many vehicle orders has Bollinger Motors secured in recent agreements?
What is the battery capacity of the Bollinger B4 Chassis Cab?
Who is Bollinger Motors' battery supplier?
