Mullen's Bollinger Motors Delivers First B4 Electric Trucks, Expanding West Coast Presence
TL;DR
Bollinger B4 electric trucks delivered to TEC Equipment, provides $100,000 in tax incentives, significant revenue contribution to Mullen Automotive.
Mullen Automotive's Bollinger B4 is an all-electric Class 4 chassis cab truck for commercial use, supporting fleet electrification efforts on the West Coast.
Bollinger B4 electric trucks aim to make the world a better place by supporting fleet electrification efforts, strengthening Bollinger’s position in the EV commercial truck market.
Bollinger B4 electric trucks qualify for up to $100,000 in federal and state tax incentives, marking a milestone with TEC Equipment as a new dealer.
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Mullen Automotive (NASDAQ: MULN) has taken a significant step in expanding its electric vehicle (EV) footprint on the West Coast. The company's subsidiary, Bollinger Motors, has delivered three of its 2025 Bollinger B4 all-electric Class 4 chassis cab trucks to TEC Equipment locations across Washington and California. This move marks Bollinger's entry into the commercial EV market with TEC Equipment as a new dealer partner.
The deliveries of these B4 electric trucks are expected to contribute substantially to Mullen's revenue for the fiscal quarter ending December 2024. This development is particularly noteworthy as it demonstrates Mullen's progress in penetrating the commercial EV sector, a rapidly growing market segment.
The Bollinger B4, designed for commercial use, is positioned to support fleet electrification efforts on the West Coast. A key selling point for the B4 model is its eligibility for up to $100,000 in federal and state tax incentives, which could significantly boost its appeal to potential commercial customers looking to transition to electric fleets.
This milestone comes on the heels of recent production and regulatory achievements for Bollinger Motors, suggesting a strategic push to establish a strong presence in the EV commercial truck market. The expansion of Mullen's dealer network and the delivery of these vehicles indicate the company's commitment to scaling its operations and meeting the growing demand for electric commercial vehicles.
The move is particularly significant given the increasing focus on sustainability and emissions reduction in the transportation sector. As more businesses and government entities seek to electrify their fleets, Mullen's strategic positioning through Bollinger Motors could potentially capture a significant share of this evolving market.
For investors and industry observers, this development signals Mullen Automotive's progress in executing its business strategy and could be an indicator of future growth potential in the competitive EV market. The successful delivery of these vehicles and the expansion of the dealer network may also enhance Mullen's credibility as a player in the commercial EV space, potentially attracting more customers and partners in the future.
Curated from InvestorBrandNetwork (IBN)
