Mullen Automotive Subsidiary, Bollinger Motors, Delivers First Class 4 Electric Truck Order to EnviroCharge | MULN Stock News

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Apr 17, 2025
  • First commercial delivery of Bollinger B4 truck to EnviroCharge
  • Significant government incentives available across multiple states (up to $120,000 per vehicle)
  • Strategic entry into mobile charging infrastructure market

Mullen Automotive (MULN, Financial) announced that its subsidiary, Bollinger Motors, has delivered the first 2025 Bollinger B4 truck to EnviroCharge. This marks the beginning of customer deliveries for the Class 4 electric truck, which will be used as a mobile charging unit.

The Bollinger B4, featuring a 158-kWh battery pack, will be outfitted with custom EV Level 3, 120 kilowatt-charging units. It is scheduled to debut at the Advanced Clean Trucking (ACT) Expo 2025 in Anaheim on April 28.

The delivery highlights Bollinger's strategic entry into the mobile charging market, addressing a critical infrastructure gap in the electric vehicle ecosystem. Additional B4 trucks are set to be deployed in California, enhancing the state's EV charging infrastructure.

Customers purchasing the Bollinger B4 can benefit from extensive incentives, potentially lowering the total cost. These include:

  • Federal incentives up to $40,000 per vehicle through the Inflation Reduction Act
  • California's ISEF Program offering up to $120,000 per vehicle
  • New York's NYTVIP providing up to $100,000 per vehicle
  • Massachusetts MOR-EV offering up to $30,000 per vehicle
  • Pennsylvania's AFIG Program with up to $20,000 per vehicle

EnviroCharge plans to utilize the Bollinger B4 trucks to provide reliable, on-the-go charging solutions, aligning with its mission to expand EV infrastructure using sustainable energy sources.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.