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Bollinger Innovations, Inc., a leading electric vehicle (EV) manufacturer, has announced a $7,500 price adjustment on its Mullen ONE and Mullen THREE commercial EVs. This discount, paired with a federal tax credit, offers fleet customers significant savings of up to $15,000 on these vehicles. The initiative aims to make sustainable transportation more accessible for businesses, aligning with growing demand for affordable, eco-friendly fleet solutions.
Key Highlights
- Price Adjustment: Bollinger Innovations offers a $7,500 discount on Mullen ONE and Mullen THREE EVs.
- Federal Incentive: An additional $7,500 tax credit is available through the Inflation Reduction Act, expiring Sept. 30.
- New MSRPs: Mullen ONE (Class 1 EV cargo van) now priced at $27,000; Mullen THREE (Class 3 EV cab chassis truck) at $61,000.
- Rebranding: Mullen ONE and THREE will transition to Bollinger Motors branding in 2026.
- Expanded Lineup: Includes the Bollinger B4 Class 4 truck and a planned Class 5 truck for 2027.
Affordable Commercial EVs for Fleets
The Mullen ONE, a Class 1 EV cargo van, and the Mullen THREE, a Class 3 EV cab chassis truck, are now more affordable than ever. With the $7,500 price adjustment, the Mullen ONE’s MSRP is reduced to $27,000, while the Mullen THREE is now $61,000. When combined with the Inflation Reduction Act’s $7,500 incentive, available for deliveries before Sept. 30, businesses can save a total of $15,000 per vehicle. This makes these EVs some of the most cost-effective commercial options on the market, appealing to businesses aiming to electrify their fleets.
Strategic Rebranding and Consolidation
On July 28, Bollinger Innovations, formerly Mullen Automotive, rebranded and changed its Nasdaq ticker to BINI. This move was part of a company-wide effort to streamline operations and eliminate redundancy. The Mullen ONE and Mullen THREE will transition to Bollinger Motors branding starting with the 2026 model year, aligning with the company’s focus on delivering high-value commercial EVs. According to Jim Connelly, chief revenue officer for Bollinger Innovations and Bollinger Motors, the combined product lineup offers fleet customers world-class, affordable EV options.
Growing Product Line and Dealer Network
In addition to the Mullen ONE and Mullen THREE, Bollinger Innovations’ portfolio includes the Bollinger B4, a Class 4 commercial electric truck launched on Sept. 16, 2024. The company also plans to introduce a Class 5 truck in 2027, further expanding its offerings for businesses seeking sustainable fleet solutions. Bollinger Innovations supports its customers through a robust dealer network, including Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, covering key U.S. markets such as the West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic.
Commitment to Sustainability
Bollinger Innovations, based in Southern California with a manufacturing facility in Tunica, Mississippi, is dedicated to advancing sustainable transportation. The company’s focus on commercial EVs supports organizations aiming to meet fleet electrification goals. With the upcoming Bollinger B5 and the current lineup, Bollinger Innovations is positioned to help businesses transition to zero-emission vehicles while maintaining affordability and performance.
Act Now for Maximum Savings
With the federal incentive set to expire on Sept. 30, Bollinger Innovations urges customers to act quickly to capitalize on the $15,000 in total savings. The company reports growing demand for its Mullen ONE and Mullen THREE EVs, driven by their affordability and reliability.
Businesses interested in learning more can visit www.BollingerEV.com for details on the vehicles and dealer network.
Stock Performance
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