Mullen Automotive’s stock (MULN) is experiencing a decline despite recent positive developments, including a partnership with National Auto Fleet Group for government agency sales of its Bollinger B4 trucks and the availability of its Mullen ONE cargo van on the Turo platform. The company has also successfully delivered its first West Coast batch of Bollinger B4 trucks and its first customer delivery of the B4 Chassis Cab, contributing to revenue generation. Despite these positive strides, MULN shares are down by 9.28% on Friday.
Results for: Commercial Trucks
Mullen Automotive’s stock (MULN) is experiencing a rise today following the announcement of Bollinger Motors’ first West Coast customer deliveries. This signifies a significant milestone for Bollinger and Mullen, indicating a growing demand for electric commercial vehicles. The move also highlights the potential for significant revenue generation for Mullen in the coming quarter.
Mullen Automotive’s stock took a hit despite its subsidiary, Bollinger Motors, achieving a significant milestone: the production of its first customer-ready B4 electric truck. The B4, a Class 4 all-electric truck, is expected to be a major player in the commercial fleet market.
Gauzy Ltd, a leading technology company, is set to showcase its first-generation AI-powered advanced driver assistance system (ADAS) specifically designed for commercial trucks at the upcoming IAA TRANSPORTATION 2024 event in Hannover, Germany. This groundbreaking system, already integrated into select Ford F Trucks, promises to enhance safety, efficiency, and profitability in the global trucking industry.
Bollinger Motors, a leading manufacturer of electric commercial vehicles, has partnered with Affinity Truck Center to bring its all-electric Bollinger B4 Chassis Cab to the Central Valley of California. This strategic move expands Bollinger Motors’ reach into a key market and reinforces its commitment to sustainable transportation solutions.
Bollinger Motors has partnered with Texas Consulting & Development (TCD) to supply its all-electric Bollinger B4 Class 4 trucks as part of TCD’s new bundled service offering for ports and related industries. This strategic move will expand Bollinger’s market reach and provide comprehensive clean energy solutions for various sectors.
Bollinger Motors, an electric commercial vehicle manufacturer, has secured a crucial milestone in its journey towards delivering all-electric commercial trucks. The company received its Certificate of Conformity from the EPA for its Class 4 B4 Chassis Cab, confirming its compliance with emissions standards. This certification paves the way for Bollinger Motors to begin selling its zero-emissions trucks in the U.S. market.