STOCK TITAN

Mullen Announces Plan to Change Company’s Name to Bollinger Innovations, Inc. and NASDAQ Approval for New Symbol — BINI

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Mullen Automotive (NASDAQ: MULN) has announced plans to rebrand as Bollinger Innovations, Inc. with NASDAQ approving the new stock symbol BINI. The effective date for the name and symbol change is pending determination.

The Company is also rebranding its Oceanside, California Commercial Vehicle Center, strategically located near Interstate 5 and Camp Pendleton. The facility will open on August 15, 2025, offering test drives and sales of their commercial EV lineup including the Mullen ONE (Class 1 cargo van), Mullen THREE (Class 3 cab chassis), and Bollinger B4 (Class 4 chassis cab).

The Bollinger B4 features a 158-kWh battery pack, 185-mile range, 46-foot turning radius, and 7,325-pound payload capacity.

Mullen Automotive (NASDAQ: MULN) ha annunciato l'intenzione di cambiare nome in Bollinger Innovations, Inc., con il NASDAQ che ha approvato il nuovo simbolo azionario BINI. La data effettiva del cambio di nome e simbolo è ancora da definire.

L'azienda sta anche rinominando il suo Commercial Vehicle Center di Oceanside, California, situato strategicamente vicino all'Interstate 5 e a Camp Pendleton. La struttura aprirà il 15 agosto 2025, offrendo test drive e vendita della loro gamma di veicoli commerciali elettrici, tra cui il Mullen ONE (furgone cargo di Classe 1), il Mullen THREE (telaio cabina di Classe 3) e il Bollinger B4 (telaio cabina di Classe 4).

Il Bollinger B4 è dotato di una batteria da 158 kWh, un'autonomia di 185 miglia, un raggio di sterzata di 46 piedi e una capacità di carico di 7.325 libbre.

Mullen Automotive (NASDAQ: MULN) ha anunciado planes para cambiar su nombre a Bollinger Innovations, Inc., con la aprobación por parte del NASDAQ del nuevo símbolo bursátil BINI. La fecha efectiva para el cambio de nombre y símbolo está pendiente de determinación.

La compañía también está renombrando su Centro de Vehículos Comerciales en Oceanside, California, estratégicamente ubicado cerca de la Interestatal 5 y Camp Pendleton. La instalación abrirá el 15 de agosto de 2025, ofreciendo pruebas de manejo y ventas de su línea de vehículos comerciales eléctricos, incluyendo el Mullen ONE (furgoneta de carga Clase 1), el Mullen THREE (chasis cabina Clase 3) y el Bollinger B4 (chasis cabina Clase 4).

El Bollinger B4 cuenta con una batería de 158 kWh, un alcance de 185 millas, un radio de giro de 46 pies y una capacidad de carga de 7,325 libras.

Mullen Automotive (NASDAQ: MULN)Bollinger Innovations, Inc.로 사명을 변경할 계획을 발표했으며, NASDAQ은 새로운 주식 심볼 BINI를 승인했습니다. 이름과 심볼 변경의 발효일은 아직 결정되지 않았습니다.

회사는 또한 캘리포니아 오션사이드에 위치한 상용차 센터의 브랜드명을 변경할 예정이며, 이 시설은 인터스테이트 5와 캠프 펜들턴 근처에 전략적으로 위치해 있습니다. 이 시설은 2025년 8월 15일에 개장하며, Mullen ONE (클래스 1 화물 밴), Mullen THREE (클래스 3 섀시 캡), Bollinger B4 (클래스 4 섀시 캡)를 포함한 상용 전기차 라인업의 시승 및 판매를 제공합니다.

Bollinger B4는 158kWh 배터리 팩, 185마일 주행 거리, 46피트 회전 반경, 7,325파운드 적재 용량을 특징으로 합니다.

Mullen Automotive (NASDAQ : MULN) a annoncé son projet de changer de nom pour Bollinger Innovations, Inc., avec l'approbation par le NASDAQ du nouveau symbole boursier BINI. La date effective du changement de nom et de symbole reste à déterminer.

L'entreprise renomme également son Commercial Vehicle Center à Oceanside, Californie, situé stratégiquement près de l'Interstate 5 et de Camp Pendleton. L'établissement ouvrira ses portes le 15 août 2025, proposant des essais de conduite et la vente de leur gamme de véhicules commerciaux électriques, incluant le Mullen ONE (fourgon utilitaire Classe 1), le Mullen THREE (châssis cabine Classe 3) et le Bollinger B4 (châssis cabine Classe 4).

Le Bollinger B4 est équipé d'une batterie de 158 kWh, d'une autonomie de 185 miles, d'un rayon de braquage de 46 pieds et d'une capacité de charge utile de 7 325 livres.

Mullen Automotive (NASDAQ: MULN) hat Pläne angekündigt, sich in Bollinger Innovations, Inc. umzubenennen, wobei die NASDAQ das neue Börsensymbol BINI genehmigt hat. Das Datum für die Wirksamkeit der Namens- und Symboländerung steht noch aus.

Das Unternehmen benennt auch sein Commercial Vehicle Center in Oceanside, Kalifornien, strategisch günstig in der Nähe der Interstate 5 und Camp Pendleton gelegen, um. Die Einrichtung wird am 15. August 2025 eröffnet und bietet Probefahrten sowie den Verkauf ihrer kommerziellen Elektrofahrzeugpalette, darunter den Mullen ONE (Klasse 1 Transporter), Mullen THREE (Klasse 3 Fahrgestell mit Kabine) und Bollinger B4 (Klasse 4 Fahrgestell mit Kabine).

Der Bollinger B4 verfügt über einen 158-kWh-Akku, eine Reichweite von 185 Meilen, einen Wenderadius von 46 Fuß und eine Nutzlastkapazität von 7.325 Pfund.

Positive
  • Strategic rebranding aligns with commercial EV focus
  • New retail location in prime Southern California location near major transportation routes
  • Full commercial EV lineup with Class 1, 3, and 4 vehicles
  • All vehicles comply with federal safety standards, EPA, and CARB certifications
Negative
  • Uncertainty around effective date of name and symbol change could create temporary market confusion

Insights

Mullen's rebranding to Bollinger Innovations signals strategic shift focusing on commercial EV market with established product lineup.

Mullen Automotive's planned transformation to Bollinger Innovations represents a significant strategic pivot that goes beyond mere cosmetic changes. This rebranding reflects a deliberate repositioning toward the commercial EV segment, leveraging the Bollinger brand which Mullen acquired in 2022. The name change coupled with the new NASDAQ symbol (BINI) indicates the company is prioritizing the commercial vehicle portfolio over its previous consumer-focused approach.

The establishment of the rebranded Commercial Vehicle Center in Oceanside is strategically positioned to target the lucrative Southern California commercial market, particularly the San Diego region and nearby military installations. This location demonstrates focused market targeting rather than broader consumer outreach.

The press release emphasizes three key commercial vehicles in their lineup: the Class 1 Mullen ONE cargo van, Class 3 Mullen THREE cab chassis truck, and the Class 4 Bollinger B4 Chassis Cab. Notably, the company highlights that the first two vehicles are already certified by necessary regulatory bodies (FMVSS, EPA, CARB) and available for immediate sale, indicating readiness for market penetration.

The Bollinger B4's specifications (185-mile range, 46-foot turning radius, 7,325-pound payload) position it specifically for urban commercial operations, suggesting the company has identified urban last-mile delivery as a key market opportunity with potentially faster adoption rates than consumer EVs. This strategic focus on commercial vehicles could potentially offer more predictable revenue streams through fleet sales compared to the more competitive and price-sensitive consumer EV market.

Company announces rebranded Oceanside, California, commercial retail location opening August 15, 2025

BREA, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that in connection with the Company’s plan to change its name to Bollinger Innovations, Inc., NASDAQ recently approved a new stock symbol — BINI. The effective date for the change of the Company’s name and stock symbol is yet to be determined.

The Company also announces the rebranding of its Oceanside, California, Commercial Vehicle Center to Bollinger Innovations, Inc. This strategic location, based right off of Interstate 5 in the Southern California gateway city of Oceanside, is situated on the northern tip of San Diego County and just outside of the Camp Pendleton military base. Businesses throughout the San Diego region can easily access the Commercial Vehicle Center and explore available inventory, test drive and purchase the Company’s commercial EVs.

“The new branded consolidated Company continues to move forward full steam ahead with solid product offering around Commercial Class 1, 3 and 4,” said David Michery, CEO and chairman of both Bollinger Innovations, Inc. and Bollinger Motors, Inc.

Mullen’s commercial EV lineup includes the Mullen ONE, Class 1 EV cargo van, and the Mullen THREE, Class 3 EV cab chassis truck, purpose-built to meet the demands of urban last-mile delivery. Both vehicles are available for sale 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.

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 Quad-Bend chassis design protects the 158-kWh battery pack and components to offer unparalleled capability, maneuverability, and safety in the commercial market. The vehicle has a 185-mile range, 46-foot turning radius and a payload of 7,325 pounds, making it ideal for a variety of urban operations.

About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with one United States-based vehicle plant located in Tunica, Mississippi, (120,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. 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. The Company’s commercial dealer network consists of seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets.

In September 2022, Bollinger Motors, of Oak Park, Michigan, became a majority-owned EV truck company of Mullen Automotive. 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.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 Mullen’s plan and timeframe related to change its Company name and stock symbol. 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.

Contact:
Mullen Automotive Inc.
+1 (714) 613-1900
www.MullenUSA.com

Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com


FAQ

When will Mullen Automotive (MULN) change its name to Bollinger Innovations (BINI)?

The effective date for the name change to Bollinger Innovations and new stock symbol BINI is yet to be determined.

What vehicles are in Mullen's commercial EV lineup?

Mullen's commercial lineup includes the Mullen ONE (Class 1 cargo van), Mullen THREE (Class 3 cab chassis truck), and Bollinger B4 (Class 4 chassis cab).

What are the specifications of the Bollinger B4 commercial EV?

The Bollinger B4 features a 158-kWh battery pack, 185-mile range, 46-foot turning radius, and 7,325-pound payload capacity.

Where is Mullen's new Commercial Vehicle Center located?

The new Commercial Vehicle Center is located in Oceanside, California, off Interstate 5 in northern San Diego County, near Camp Pendleton military base.

When will Mullen's Oceanside Commercial Vehicle Center open?

The Oceanside Commercial Vehicle Center will open on August 15, 2025.
Mullen Automotive Inc

NASDAQ:MULN

MULN Rankings

MULN Latest News

MULN Latest SEC Filings

MULN Stock Data

2.21M
10.49M
5.35%
2.94%
102.45%
Auto Manufacturers
Motor Vehicles & Passenger Car Bodies
Link
United States
BREA