Welcome to our dedicated page for Mullen Automotive news (Ticker: MULN), a resource for investors and traders seeking the latest updates and insights on Mullen Automotive stock.
Mullen Automotive Inc. (formerly trading as MULN and now operating as Bollinger Innovations, Inc. under the symbol BINI) generates frequent news coverage around its electric vehicle activities, corporate restructuring and capital‑markets developments. Company press releases highlight progress in commercial EV production, expansion of dealer and service networks, and the evolution of its relationship with majority‑owned subsidiary Bollinger Motors.
News items commonly describe the company’s commercial EV lineup, including the Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 EV cab chassis truck, as well as Bollinger Motors’ Bollinger B4 Class 4 all‑electric commercial truck. Coverage often focuses on regulatory certifications, such as CARB and EPA approvals, and participation in state and federal incentive programs that support fleet electrification.
Another recurring theme in MULN/BINI news is corporate and strategic change. Articles and filings have detailed Mullen’s acquisition and increasing ownership stake in Bollinger Motors, the consolidation of Mullen and Bollinger operations, and the 2025 corporate name change to Bollinger Innovations, Inc. with a corresponding Nasdaq ticker change from MULN to BINI. Updates on cost‑reduction efforts, operational consolidation to locations such as Oak Park, Michigan, and legal settlements, including the transfer of the Mishawaka, Indiana facility to GEM entities, also appear in recent releases.
Investors following MULN/BINI news will also see announcements related to new products and markets, such as the relaunch and planned sales of the high‑performance Mullen FIVE RS EV Crossover in Germany and other regions, and initiatives like accepting cryptocurrency as payment for Mullen and Bollinger commercial EVs. Capital‑markets updates, including reverse stock split actions, preferred stock designations, and Nasdaq listing compliance matters, are typically disclosed through SEC filings and accompanying press releases.
This news page aggregates these company‑issued updates and related coverage, giving readers a single place to review developments in Mullen/Bollinger Innovations’ commercial EV business, subsidiary activities, financing transactions and listing‑status communications over time.
Mullen's subsidiary, Bollinger Motors, has secured a $13.2 million sales order from Momentum Groups to supply 80 all-electric Class 4 Bollinger B4 trucks. The B4 models qualify for a $40,000 federal tax credit per truck. Momentum Groups, known for fleet management and EV charging solutions, will integrate these trucks with various configurations and charging infrastructure. Production is set to commence in the second half of 2024.
Additionally, Bollinger Motors has expanded its dealer network and service partnerships, and secured battery and assembly agreements. This order underscores the company's commitment to electric vehicles and reducing emissions.
Mullen Automotive's 2024 Mullen THREE EV truck has been approved for the Massachusetts MOR-EV program, granting a $15,000 cash voucher per vehicle sold. With a suggested MSRP of $68,500, combined with a $7,500 federal tax credit, the net effective price is around $46,000. The MOR-EV program, managed by the Massachusetts Executive Office of Energy and Environmental Affairs’ Department of Energy Resources and administered by the Center for Sustainable Energy, aims to make EVs more affordable, reduce greenhouse gas emissions, and provide equitable access to EVs. The Mullen THREE is also CARB and EPA certified and qualifies for up to $45,000 in rebates under California's HVIP. The truck features a 125-mile range and versatile design for various vocational needs. It is available through Eco Auto in Tewksbury, MA.
Mullen Automotive announced a new partnership with Eco Auto, a dedicated EV dealership based in Tewksbury, Massachusetts. Eco Auto's initial vehicle order includes 10 Mullen ONE cargo vans and 3 Mullen THREE cab-forward trucks. This partnership expands Mullen's commercial EV network in the New England region, adding to its recent growth of five new dealers nationwide. The Mullen ONE and Mullen THREE vehicles comply with U.S. safety and environmental standards, and the Mullen THREE qualifies for significant federal and state incentives, potentially reducing its cost to under $17,000.
Mullen Automotive has announced the hiring of Alain Van Munster as the new VP of Sales for Europe, Middle East, and Africa (EMEA). Alain, who has over 25 years of experience in the automotive and fleet industries, will lead Mullen's commercial electric vehicle (EV) sales efforts in Europe.
Mullen has commenced its European sales with an initial order of 93 EVs. This includes 40 all-electric Mullen-GO urban delivery vehicles for GAMA in Serbia and 53 commercial vans and trucks for Antidoto SA in Switzerland. These developments are part of Mullen's strategy to capture a growing share of the European EV market.
CEO David Michery highlighted the significant growth potential in Europe, emphasizing Alain's expertise in the industry as important for driving this expansion.
Mullen's recent agreements with Antidoto SA and GAMA illustrate the increasing demand for its commercial EVs in Europe and mark the beginning of its fleet sales across the continent.
Mullen Automotive (NASDAQ: MULN) announced a new purchase order for 40 Mullen-GO urban delivery vehicles from Switzerland-based Antidoto SA, valued at approximately $440,000 USD. The initial order is part of a larger plan, with projected orders reaching at least 180 units by 2025. The Mullen-GO vehicles are designed for urban commercial delivery and are EU standard homologated, catering to the growing demand for zero-emission vehicles in Europe. Antidoto SA, which specializes in on-demand food delivery solutions, will start using these vehicles in Switzerland, with plans for expansion into other parts of Europe. This partnership aims to enhance Antidoto SA’s delivery capabilities while supporting Mullen’s expansion in the European market.
Mullen Automotive (NASDAQ: MULN) has announced the development of a zero-emissions version of its PowerUP mobile EV charging truck, based on the all-electric Mullen THREE Class 3 cab chassis EV truck. This new model provides mobile DC fast-charging with 100% zero emissions, reflecting Mullen's commitment to sustainable transportation and market demand for eco-friendly solutions.
The new PowerUP has significant improvements in charging capabilities and versatility, offering a scalable battery platform from 10kW to 1MW, Level 3 DC fast charging, off-grid AC power, and micro-grid connectivity. It operates quietly, reducing noise pollution, making it ideal for urban centers, hospitals, and residential areas.
The system includes solar and wind off-grid power generation options, and bi-directional 480V grid connection. The PowerUP development is at Mullen's High Energy Facility in Fullerton, California, aligned with the company's vision of a comprehensive U.S.-built electric vehicle ecosystem.
Mullen Automotive (NASDAQ: MULN) has announced a new distribution partnership with GAMA for the Balkans region, covering Bosnia Herzegovina, Serbia, Montenegro, Croatia, Slovenia, Macedonia, Albania, Greece, and Bulgaria. GAMA will distribute Mullen's complete range of commercial electric vehicles (EVs) and has placed an initial order for 53 vehicles, including urban delivery vehicles, vans, and trucks. GAMA has significant experience in the Balkan EV market, having sold over 300 vehicles in the past year, and is well-regarded for its success in public tenders. The partnership is part of Mullen's broader strategy to expand its global footprint in European markets.
Bollinger Motors has announced the sale of 50 Bollinger B4 Chassis Cabs to EnviroCharge, a company offering mobile charging solutions for EV owners. EnviroCharge will outfit these all-electric, Class 4 trucks with their mobile clean-propane-powered charging systems. The combined units will offer convenient, mobile EV charging. The vehicles are set for delivery in the second half of 2024 and will be eligible for a $40,000 federal tax credit under the Inflation Reduction Act.
This partnership aligns with Bollinger's recent expansions, including new dealer and service center additions and collaborations with battery and assembly partners. EnviroCharge plans to resell the vehicles to fleet owners, targeting states with voucher incentive programs. The collaboration aims to promote cleaner transportation and operational efficiency for fleet owners.
Mullen Automotive (NASDAQ: MULN) announced that Bollinger Motors, a subsidiary, has sold 50 Bollinger B4 Chassis Cab EV Trucks to EnviroCharge for an estimated value of $8.25 million. The trucks will incorporate EnviroCharge's mobile clean-propane-powered charging systems to provide flexible and convenient charging for electric vehicle fleets. Production is expected to commence in the second half of 2024, with vehicles eligible for $40,000 federal tax credits under the Inflation Reduction Act. This deal enhances the partnership between Mullen and EnviroCharge to promote innovative electric transportation solutions.
Mullen Automotive (NASDAQ: MULN) has announced a strategic partnership with Ziegler Truck Group and Range Truck Group to expand its zero-emissions commercial vehicle dealership network in the Midwest and Pacific Northwest. The partnership aims to cover national and regional fleet opportunities for Mullen's commercial EVs, specifically targeting the Pacific Northwest and upper Midwest regions. Ziegler and Range, part of the Ziegler Companies distribution network, bring over 110 years of experience in selling and servicing premier brands in construction and agriculture equipment. Ziegler is an approved California Air Resource Board (CARB) HVIP dealer and will offer Mullen's full line of all-electric commercial vehicles, including the Mullen ONE and Mullen THREE. The Mullen THREE qualifies for up to $45,000 in HVIP vouchers and a $7,500 federal tax credit, potentially reducing its cost to under $17,000.