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Electric vehicle manufacturer Bollinger Innovations, Inc. has announced significant new cost-cutting measures designed to reduce its overall operating expenses. The company is implementing additional staff reductions and closing several facilities as it continues to streamline operations following its recent rebranding. These strategic moves are intended to lower the company’s cash burn rate while it focuses on increasing near-term revenue from its commercial vehicle lineup.
Key Highlights
- Quarterly General & Administrative (G&A) and Research & Development (R&D) expenses have been reduced by 61%, from $47.7 million to a projected $18.6 million.
- The company has initiated an additional round of staff reductions as part of its consolidation efforts.
- Facilities and personnel in Irvine, CA, Monrovia, CA, and Mishawaka, IN, will be eliminated.
- The third-party manufacturing agreement with Roush Industries has been terminated.
- Production of the B4 Chassis Cab will be consolidated from Roush Industries to Bollinger’s company-owned plant in Tunica, Mississippi.
Strategic Operational Consolidation
Bollinger Innovations is taking decisive action to improve its financial efficiency. For the quarter that ended on June 30, 2025, the company’s G&A and R&D expenses totaled $47.7 million. Through its new initiatives, the company has successfully lowered these projected quarterly expenses moving forward to $18.6 million, marking a substantial 61% drop.
“We recently completed our rebranding under Bollinger Innovations and have identified additional efficiencies under our new streamlined Company operations,” said David Michery, CEO and chairman of Bollinger Innovations and Bollinger Motors. “Our continued focus is on selling commercial vehicles and advancing our Company forward in 2025 and beyond.”
Streamlining Manufacturing and Facilities
A core component of the company’s strategy involves consolidating its physical footprint and manufacturing processes. In addition to reducing staff, Bollinger is eliminating facilities and associated personnel in Irvine, California; Monrovia, California; and Mishawaka, Indiana.
A major step in this process is the conclusion of its third-party manufacturing partnership with Roush Industries. As a result, the production line for the Bollinger B4 Chassis Cab will be relocated to the company’s manufacturing plant in Tunica, Mississippi. This move centralizes production and is expected to contribute significantly to the reduction of the company’s operating expense burn rate.
Commitment to the Commercial EV Market
Despite the operational changes, Bollinger Innovations remains dedicated to its commercial electric vehicle portfolio. The company’s lineup includes the Class 1 urban delivery EV cargo van (the ONE) and the Class 3 urban utility EV cab chassis truck (the THREE), both designed for last-mile delivery and service applications. The Bollinger B4 Chassis Cab, an all-electric Class 4 truck, was developed with extensive input from fleet and upfitter partners to meet market demands.
All Bollinger vehicles are available for sale in the U.S. and are in full compliance with U.S. Federal Motor Vehicle Safety Standards, the Environmental Protection Agency (EPA), and California Air Resources Board (CARB) certifications.
The company is supported by a growing commercial dealer network that includes six partners: Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, and Randy Marion Auto Group. Bollinger Motors, its Michigan-based division, also has a network of over 50 dealer locations for sales and service support.
To learn more, visit the company’s official website at www.BollingerEV.com.
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