Mullen Automotive Inc. (NASDAQ: MULN), via its subsidiary Bollinger Motors, has identified August as a pivotal month for fleet operators looking to capitalize on substantial savings for commercial electric vehicles (EVs). This comes as New York's Truck Voucher Incentive Program (NYTVIP) is scheduled for replenishment, offering up to $144,000 in point-of-sale vouchers. When paired with the federal 45W tax credit, which provides up to $40,000 for Class 4 vehicles, the combined incentives present a rare opportunity for significant upfront savings. However, with the federal credits set to expire after September 30, 2025, the window to take advantage of these savings is narrowing.
The Bollinger B4, an all-electric Class 4 chassis cab, is among the vehicles that qualify for these incentives. Designed with performance, safety, and urban fleet versatility in mind, the B4 represents a forward-thinking choice for businesses aiming to transition to greener operations. Mullen Automotive's announcement underscores the urgency for fleet operators to act swiftly to secure these benefits before they lapse, marking a critical moment in the push towards commercial EV adoption.
For more details on the incentives and the Bollinger B4, visit https://ibn.fm/w74eC.
