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Author: Andrew J. Hawkins
Bollinger’s B1 and B2 electric trucks were put on pause, but now Mullen says they will go into production. | Image: Bollinger
Mullen Automotive has acquired a controlling stake in electric vehicle startup Bollinger Motors, buying up 60 percent of the struggling company’s stock for $148.2 million, the companies announced Thursday.
Mullen said it will add Bollinger-designed medium-duty trucks and sport utility trucks to its inventory. The deal “positions Bollinger to capture the electric sport utility and commercial vehicle markets,” the company added.
Mullen is a relatively unknown Southern California electric vehicle manufacturer with the stated goal to build “the next-generation of premium electric vehicles that are affordable and built entirely in the United States.”
Mullen is a relatively unknown Southern California electric vehicle manufacturer
Bollinger...
Continue reading…
Continue reading...
Bollinger’s B1 and B2 electric trucks were put on pause, but now Mullen says they will go into production. | Image: Bollinger
Mullen Automotive has acquired a controlling stake in electric vehicle startup Bollinger Motors, buying up 60 percent of the struggling company’s stock for $148.2 million, the companies announced Thursday.
Mullen said it will add Bollinger-designed medium-duty trucks and sport utility trucks to its inventory. The deal “positions Bollinger to capture the electric sport utility and commercial vehicle markets,” the company added.
Mullen is a relatively unknown Southern California electric vehicle manufacturer with the stated goal to build “the next-generation of premium electric vehicles that are affordable and built entirely in the United States.”
Mullen is a relatively unknown Southern California electric vehicle manufacturer
Bollinger...
Continue reading…
Continue reading...