Bollinger Motors Receives EPA Certification for Class 4 B4 Chassis Cab, Paving the Way for Commercial EV Deployment

Bollinger Motors, an electric commercial vehicle (“EV”) manufacturer, has achieved a significant milestone in its quest to bring all-electric commercial trucks to market. The company announced that it has received its Certificate of Conformity from the Environmental Protection Agency (EPA) for its Class 4 B4 Chassis Cab. This certification represents a crucial step forward for Bollinger Motors, as it signifies compliance with EPA emissions requirements and paves the way for the company to begin delivering vehicles to customers. Bollinger Motors plans to launch the Bollinger B4 Chassis Cab in the second half of 2024. The Certificate of Conformity confirms that the Bollinger B4 meets EPA emissions standards, which is a critical requirement for any manufacturer seeking to sell vehicles in the United States. While the Bollinger B4 is an all-electric, zero-emissions vehicle, this certification remains an essential step in the process. “This is a huge step for us in becoming the leader in all-electric commercial trucks,” said Robert Bollinger, founder and CEO of Bollinger Motors. “We are proud that the Bollinger B4 is engineered and assembled right here in the U.S. with 70% American-made content.” The Bollinger B4 Chassis Cab is a completely new, battery-electric, zero-emissions Class 4 commercial truck, designed from the ground up with extensive input from fleet operators and upfitters. Bollinger’s unique chassis design incorporates a robust 800V battery system and strategically placed components to ensure exceptional safety, flexibility, and performance in the demanding commercial market. Bollinger Motors recently secured eligibility for federal clean-vehicle purchasing incentives under the Inflation Reduction Act, which offers up to $40,000 in refundable tax credits per truck. This latest announcement follows a series of significant milestones achieved by Bollinger Motors in recent months, including: an 80-vehicle sale to Momentum Groups, a 50-vehicle sale to EnviroCharge, the addition of Nacarato Truck Centers, & Equipment, and LaFontaine Auto Group as dealers and service centers; a partnership with Our Next Energy in Novi, Mich. for battery pack supply; a collaboration with Roush Industries in Livonia, Mich. to manage vehicle assembly operations; a strategic alliance with Syncron as its warranty administration partner; and a partnership with Amerit Fleet Solutions for mobile service provision. Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a U.S.-based company headquartered in Oak Park, Mich. Bollinger Motors is focused on developing all-electric commercial chassis cab trucks for Classes 4-6. In September 2022, Bollinger Motors became a majority-owned subsidiary of Mullen Automotive, Inc. (NASDAQ: MULN). Learn more about Bollinger Motors at www.BollingerMotors.com and www.MullenAutomotive.com. 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 EnviroCharge and Momentum Groups and deliver purchased vehicles on schedule; (b) Bollinger Motors’ continued partnership with Nacarato Truck Centers, & 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; (f) Bollinger Motors’ continued relationship with Amerit Fleet Solutions as its mobile service provider and (g) the continued availability and support for federal commercial vehicle purchasing incentives under the Inflation Reduction Act of 2022. 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. SOURCE Bollinger Motors

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