Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for an estimated deal value of $8,250,000 for electric vehicle owners.
EnviroCharge will install its mobile clean-propane-powered charging system on the Bollinger B4 chassis cab, an all-new, all-electric Class 4 commercial truck. By combining the charging unit with the Bollinger B4, EnviroCharge will provide a convenient mobile unit allowing electric vehicle owners to quickly and easily charge EVs anytime, anywhere.
EnviroCharge will take possession of the vehicles after Bollinger Motors launches production in the second half of 2024.
“EnviroCharge shares our commitment and vision to transform the transportation industry,” said Robert Bollinger, founder and CEO of Bollinger Motors. “Innovative electric trucks and charging solutions mean fleets can switch today to save money, reduce emissions and get the job done.”
EnviroCharge will re-sell the newly upfitted vehicles to fleet owners in states with voucher incentive programs. In addition, the vehicles will be eligible for the $40,000 Inflation Reduction Act federal tax credit.
“This is a big step forward for EnviroCharge customers, as it provides a clean-fuel EV charging solution on a zero-emission vehicle,” said Charlie Stockton, CEO of EnviroCharge. “This will create a convenient charging solution providing fleet owners with invaluable peace of mind.”
Today’s announcement follows a series of Bollinger Motors announcements in recent months, including: the addition of Nacarato Truck Centers, Nuss Truck & Equipment and LaFontaine Auto Group as dealers and service centers; Our Next Energy in Novi, Michigan, to supply battery packs; Roush Industries in Livonia, Michigan, to manage vehicle assembly operations; Syncron as its warranty administration partner; and Amerit Fleet Solutions as its mobile service provider.
Also, Bollinger Motors recently qualified for federal clean-vehicle purchasing incentives under the Inflation Reduction Act, which provides $40,000 in refundable tax credits per truck.
About EnviroCharge
EnviroCharge, a Service-Disabled Veteran-Owned Charge Point Operating Company (“CPO”), believes that the future of clean transportation begins with a passionate team with the vision to drive transformative technologies using renewable fuels such as hydrogen, renewable propane + DME, renewable natural gas, biodiesel, and renewable diesel. The company offers cost-effective power generation and EV charging solutions that enhance energy resilience while ensuring energy equity.
About Bollinger Motors
Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a U.S.-based company headquartered in Oak Park, Michigan. Bollinger Motors is developing all-electric commercial chassis cab trucks, Classes 4-6. In September of 2022, Bollinger Motors became a majority owned company of Mullen Automotive, Inc. (NASDAQ: MULN).
Learn more at www.BollingerMotors.com and www.MullenUSA.com.
About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. 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.
Source link:https://news.mullenusa.com/
