Mullen Automotive Inc. has announced a significant boost for Bollinger Motors. Robert Bollinger, the founder of Bollinger Motors, has provided $10 million in non-dilutive debt financing to support the ramp-up in production and sales of the B4, a Class 4 electric truck.
“Thanks to the incredible achievements of this hardworking team our trucks are now shipping to customers and dealers nationwide,” said Bollinger. “We are now truly an OEM.”
“Robert’s continued support and participation in the growth of Bollinger Motors demonstrates his ongoing commitment and is key to building the brand that carries his name,” said David Michery, CEO and chairman of Mullen Automotive.
Bollinger Motors commenced full-scale production of its innovative all-electric Class 4 truck, the Bollinger B4, in September.
These trucks are assembled at Roush Industries located in Livonia, Michigan, and notably, more than 70% of their components are sourced from within the United States. This financing and production milestone mark a pivotal moment for Bollinger Motors as it establishes itself in the competitive EV market.