Employees, Suppliers, Government Leaders
Share Historic Bollinger B4 Vehicle Launch
LIVONIA,
Mich., Sept. 23, 2024 /PRNewswire/ -- It's not
every day a start-up vehicle manufacturer gets to celebrate its
ascension to full-fledged Original Equipment Manufacturer (OEM).
For Bollinger Motors, that day came on Friday, Sept. 20, as employees, suppliers and
government leaders gathered to recognize the company's first
customer-ready vehicles, the all-electric Class 4 Bollinger B4
Chassis Cab, to go to market.
Bollinger Motors has been on a nearly decade-long journey from
idea to finished product. For founder Robert Bollinger, the celebration was a
culmination of vision, purpose and perseverance, for both Bollinger
and the people who shared his dream of more sustainable
transportation.
"The people here today and hundreds of others who have worked
with us before – I want to thank you all so much for making this
happen and believing in this dream," Bollinger said. "We've made an
impact here in Detroit and I am
proud of all the work this team has done to get to this day. We are
launching a world-class electric truck that will be a leader in the
commercial fleet business."
Bollinger's original vision in 2015 was to launch high-end
all-electric pickup trucks and sport-utility vehicles, but
Bollinger and his team recognized the electric SUV and pickup
markets weren't quite consumer ready. In 2022, the company pivoted
to develop a Class 4 all electric truck, the Bollinger B4.
"Robert Bollinger and his team
made a gutsy call two years ago to pivot to an entirely different
market segment," said Bollinger Motors' CEO Jim Taylor. "The commercial vehicle segment is
ready for electrification and Bollinger Motors has developed a
world-class truck that will meet the fleet needs for companies
across the country. We are excited to see these vehicles roll off
the line, head to dealer lots and find a home with our
customers."
Bollinger Motors has passed numerous milestones in the past
several months on its march to production, including, CARB
certification, FMVSS compliance, providing a full warranty coverage
of the B4 chassis cab; receiving the Certificate of Conformity from
the Environmental Protection Agency; a 145-vehicle sale to Momentum
Group; a 70-vehicle sale to Doering Fleet Management; a 50-vehicle
sale to EnviroCharge; the addition of TEC Equipment, Affinity Truck
Center, Nacarato Truck Centers, Nuss
Truck & Equipment, and LaFontaine Automotive Group as
dealers and service centers; Our Next Energy in Novi,
Mich. to supply battery packs; Syncron as its warranty
administration partner; and Amerit Fleet Solutions as its mobile
service provider.
What government officials and community leaders are saying about
Bollinger Motors:
Michigan Governor
Gretchen Whitmer:
"Bollinger Motors has once again decided to bet on Michigan as they lead the future of class-4
electric commercial trucks," said Governor Whitmer. "From
their headquarters in Oak Park,
the company designs, builds, and tests their cutting-edge tech in
America, and I am proud that the Michigan Economic Development
Corporation has worked with them to create even more good-paying
jobs right here in our state. With incentives from the Biden-Harris
administration and increasing demand for their products, Bollinger
will continue to grow and because of that, Michigan will continue to lead."
Michigan House Speaker Joe
Tate:
"It is fitting that this new vehicle production has made the
leap from dream to reality right here in metro
Detroit. Michigan is the home of automotive
innovation. Michiganders are the dreamers and doers that put
the world on wheels, and it makes sense that Bollinger Motors would
be focused on opportunities to join the auto industry's electric
vehicle revolution," Tate said.
Representative Haley Stevens
(D-MI):
"Thanks to companies like Bollinger Motors, the Michigan manufacturing economy continues to
advance. Revolutionizing the medium-duty commercial vehicle sector
is a key piece to creating a lower-carbon future and seeing the
Bollinger B4 come to market is an awesome continuation of the
Michigan tradition of putting the
world on wheels!"
Quentin L. Messer, Jr., CEO of
the Michigan Economic Development Corporation:
"As Bollinger Motors celebrates this exciting milestone here in
Michigan, it underscores the
strength of our talented workforce, our focus on sustainability,
and our leadership in advanced manufacturing and an electrified
mobility future. By executing our 'Make It in Michigan' economic development strategy and
investing in our People, revitalizing Places and competing for
Projects, we continue to demonstrate that the future will be made
right here. Many congratulations to the team at Bollinger Motors
for tapping into this success right here in Michigan. We're grateful for Bollinger's vote
of confidence in our state and look forward to their continued
growth and success in the years to come."
Justine Johnson, Chief
Mobility Officer for the State of
Michigan:
"Bollinger Motors' decision to build its new line of electric
commercial trucks right here in Michigan is a testament to our thriving
mobility and electrification supply chain. Electric commercial
fleets will play a key role in reducing carbon emissions from the
transportation of goods. Bollinger is a company that shares our
state's vision for a sustainable future and we are proud that the
company chose to Make It In Michigan."
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.
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 Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine
Automotive Group as dealers and service centers; (c) Bollinger
Motors' continued partnership with Our Next Energy as a battery
supplier; (d) Bollinger Motors' continued partnership with Roush
Industries as a contract manufacturer; (e) Bollinger Motors'
continued relationship with Syncron as its warranty administration
provider; and (f) 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
