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WKN: A3E2E7 | ISIN: US62526P4063 | Ticker-Symbol: 1N50
Tradegate
06.09.24
21:57 Uhr
0,168 Euro
-0,003
-1,75 %
Branche
Fahrzeuge
Aktienmarkt
Sonstige
1-Jahres-Chart
MULLEN AUTOMOTIVE INC Chart 1 Jahr
5-Tage-Chart
MULLEN AUTOMOTIVE INC 5-Tage-Chart
RealtimeGeldBriefZeit
0,1730,17406.09.
0,1660,17506.09.
PR Newswire
172 Leser
Artikel bewerten:
(1)

Bollinger Motors Takes Next Step to Bring B4 Chassis Cab to Market with Announcement of Warranty Coverage

DETROIT, July 23, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, releases its full warranty coverage on the Bollinger B4 Chassis Cab, the company's all-new, all-electric Class 4 commercial truck.

Under the warranty, Bollinger will provide comprehensive, competitive coverage for:

  • Bumper-to-Bumper: 3-year/36,000-miles
  • Powertrain: 5-year/50,000-miles
  • High Voltage Battery: 8-year/100,000-miles
  • Air Conditioning: 5-year/50,000-miles
  • Frame Rails & Cross-Members: 5-years/unlimited miles
  • Corrosion (perforation only): 5-years/unlimited miles
  • Tires: 4-years/unlimited miles

"We have designed and engineered the Bollinger B4 to have unmatched capability and durability, and we are proud to be offering warranty coverage to reflect that," said Jim Connelly, chief revenue officer of Bollinger Motors. "Our warranty provides our customers the peace-of-mind they need in making their decision and demonstrates the confidence we have in the B4."

The Bollinger B4 is designed from the ground up with extensive fleet and upfitter input. Bollinger's unique chassis design protects the 158-kwh dual-battery pack and components to offer unparalleled capability and safety in the commercial market. The company anticipates deliveries of the Bollinger B4 to begin in the second half of 2024.

Warranty availability is another important next step in bringing the Bollinger B4 to market. The company has reached several milestones in recent months, including: receiving the Certificate of Conformity from the Environmental Protection Agency; a 70 vehicle sale to Doering Fleet Management; a five vehicle sale to Spencer Manufacturing, which will upfit the vehicles into emergency rescue trucks; an 80 vehicle sale to Momentum Group; a 50 vehicle sale to EnviroCharge; 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.

In addition to Bollinger Motors' growth, it recently named former General Motors executive James Taylor as CEO. He takes over for company founder Robert Bollinger, who will remain on the company's Board of Directors and a founding shareholder. This leadership change positions Bollinger Motors for continued success as the company prepares for production.

To learn more about preordering the B4 Chassis Cab, visit www.BollingerMotors.com.

ABOUT BOLLINGER MOTORS

Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a U.S.-based company headquartered in Oak Park, Michigan. Bollinger Motors is developing all-electric commercial chassis cab trucks, Classes 4-6. In September of 2022, Bollinger Motors became a majority-owned company of Mullen Automotive, Inc. (NASDAQ: MULN). Learn more at www.BollingerMotors.com and www.MullenUSA.com.

FORWARD-LOOKING STATEMENT

Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Bollinger Motors and are difficult to predict. Examples of such risks and uncertainties include: (a) Bollinger Motors' ability to finalize a sales agreement with Doering Fleet Management, EnviroCharge, and Momentum Groups and deliver purchased vehicles on schedule; (b) Bollinger Motors' continued partnership with Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine Automotive Group as dealers and service centers; (c) Bollinger Motors' continued partnership with Our Next Energy as a battery supplier; (d) Bollinger Motors' continued partnership with Roush Industries as a contract manufacturer; (e) Bollinger Motors' continued relationship with Syncron as its warranty administration provider; and (f) Bollinger Motors' continued relationship with Amerit Fleet Solutions as its mobile service provider.

Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Motors' ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Motors' ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Motors' ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Motors' ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Motors' business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Motors' business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Motors' business; (x) Bollinger Motors' ability to protect its intellectual property; (xi) the vehicles developed will perform as expected and (xii) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Mullen Automotive, Inc., of which Bollinger Motors is a partially owned subsidiary, with the Securities and Exchange Commission. Bollinger Motors anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Bollinger Motors assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether because of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Bollinger Motors' plans and expectations as of any subsequent date.

SOURCE Bollinger Motors

© 2024 PR Newswire
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