(MULN) Mullen News: Bollinger Sales, New Distributors in US & Europe

In Mullen news are Bollinger Motors sales and new distributors in the US and Europe.

Bollinger & EnviroCharge

Mullen Automotive, Inc. an emerging electric vehicle (“EV”) manufacturer, announced Bollinger Motors (“Bollinger”) has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for an estimated deal value of $8,250,000 for electric vehicle owners.

EnviroCharge will install its mobile clean-propane-powered charging system on the Bollinger B4 chassis cab, an all-new, all-electric Class 4 commercial truck. By combining the charging unit with the Bollinger B4, EnviroCharge will provide a convenient mobile unit allowing electric vehicle owners to quickly and easily charge EVs anytime, anywhere.

EnviroCharge will take possession of the vehicles after Bollinger Motors launches production in the second half of 2024.

“EnviroCharge shares our commitment and vision to transform the transportation industry,” said Robert Bollinger, founder and CEO of Bollinger Motors. “Innovative electric trucks and charging solutions mean fleets can switch today to save money, reduce emissions and get the job done.”

EnviroCharge will re-sell the newly upfitted vehicles to fleet owners in states with voucher incentive programs. In addition, the vehicles will be eligible for the $40,000 Inflation Reduction Act federal tax credit.

“This is a big step forward for EnviroCharge customers, as it provides a clean-fuel EV charging solution on a zero-emission vehicle,” said Charlie Stockton, CEO of EnviroCharge. “This will create a convenient charging solution providing fleet owners with invaluable peace of mind.”

Today’s announcement follows a series of Bollinger Motors announcements in recent months, including: the addition of Nacarato Truck Centers, Nuss Truck & Equipment and LaFontaine Auto Group as dealers and service centers; Our Next Energy in Novi, Michigan, to supply battery packs; Roush Industries in Livonia, Michigan, to manage vehicle assembly operations; Syncron as its warranty administration partner; and Amerit Fleet Solutions as its mobile service provider.

Also, Bollinger Motors recently qualified for federal clean-vehicle purchasing incentives under the Inflation Reduction Act, which provides $40,000 in refundable tax credits per truck.

Mullen More Dealers Ziegler Truck Group & Range Truck Group

Mullen Automotive,  announced the addition of zero-emissions commercial vehicle dealers, Minnesota-based Ziegler Truck Group (“Ziegler” or “ZTG”) and Washington-based Range Truck Group (“Range” or “RTG”), a part of the Ziegler Companies distribution network. As Mullen’s new franchise partners, RTG and ZTG will cover national and regional fleet opportunities for Mullen commercial EVs with a focus on the Pacific Northwest and upper Midwest regions of the United States.

With a 110-year legacy of selling and servicing premier brands in construction and agriculture equipment, Ziegler and Range Truck Group, independent entities as part of the Ziegler Companies portfolio, are focused on delivering advanced infrastructure and cutting-edge zero-emissions solutions to the commercial transportation sector. Ziegler Companies, a family-owned equipment dealer since 1914, is a group of industry pioneers and now leading providers of zero-emissions commercial trucks. Leveraging its vast network and industry expertise, Ziegler and Range help with every aspect of fleet integration by empowering customers with top-notch transition planning, sales, service, and support.

ZTG is an approved California Air Resource Board (“CARB”) HVIP dealer and will offer Mullen’s full line of all-electric commercial vehicles, the Mullen ONE, Class 1 EV cargo van and Mullen THREE, Class 3 EV cab chassis truck, which is HVIP approved and provides up to $45,000 cash voucher at time of purchase. Ziegler will be able to provide HVIP point-of-sale vouchers for the Mullen THREE, which when combined with the available $7,500 federal tax credit, the net effective cost of the Mullen THREE could be less than $17,000. A copy of Mullen’s Class 3 HVIP approval can be found here.

“We’re building a portfolio of zero-emissions vehicles to help our customers seamlessly navigate the transition of their fleet,” said Johannes Ariens, representing both RTG and ZTG. “Our customers are ready to explore, test and pilot vehicles, and with Mullen, we’re able to get them on the road to zero-emissions faster with low-barrier price points and with the support and reliability we’ve been collectively providing for over 110 years as a legacy dealer organization.”

“This partnership signifies an additional step forward for Mullen as it broadens our reach and strengthens our foothold in the growing commercial EV market,” said David Michery, CEO and chairman of Mullen Automotive. “Range and Ziegler’s extensive network of dealerships and proven track record in the commercial vehicle industry will be invaluable as we work together to deliver our electric cargo vans and trucks to businesses across the nation.”

About Ziegler Truck Group and Range Truck Group
RTG and ZTG are trusted partners on the road to zero emissions backed by innovative energy solutions that remove traditional roadblocks to getting there. Together, we provide comprehensive solutions customized to the needs of our customers—including a portfolio of zero-emissions vehicles, access to flexible charging options and a team of specialists ready to help accelerate the transition.

Mullen GAMA in Europe

Mullen Automotive Inc.  announced GAMA as an additional European distribution partner for southeastern Europe covering the Balkans Region, which includes Bosnia Herzegovina, Serbia, Montenegro, Croatia, Slovenia, Macedonia, Albania, Greece and Bulgaria. GAMA will represent Mullen’s full commercial electric vehicle product line.

GAMA has extensive experience with electric vehicles in the Balkan market and has distributed more than 300 vehicles in the last year including private and municipal sales. GAMA has a strong reputation responding to and winning public tenders for local government opportunities. GAMA’s distribution network includes eight sub dealers in the Balkan Region supporting sales, service and parts operation and is currently building a new facility in Belgrade.

GAMA’s initial vehicle order includes 53 commercial EVs, consisting of urban delivery vehicles and commercial vans and trucks.

“This is part of Mullen’s global expansion into additional European markets and we are excited to secure and announce GAMA as a first distributor for the Balkans Region of southeastern Europe,” said David Michery, CEO and chairman of Mullen Automotive.

About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board and EPA certified and available for sale in the U.S.