Bollinger
B4 Class 4 Electric Trucks Provide Electrification Solution
Through NAFG Sourcewell Contract Agreement
OAK
PARK, Mich., Nov. 15,
2024 /PRNewswire/ -- Bollinger Motors, Inc., a
commercial electric vehicle ("EV") manufacturer, today announced it
has partnered with National Auto Fleet Group (NAFG) to sell its
all-electric Class 4 Bollinger B4 commercial trucks to government
agencies through NAFG's Sourcewell-awarded contract
#032824-NAF.
"Bollinger Motors is excited to work with National Auto Fleet
Group to bring the Bollinger B4 to
one of our most important customer groups, government entities at
all levels," said Jim Connelly,
chief revenue officer of Bollinger Motors. "Government agencies and
municipalities are often early adopters for electrification and
electric vehicle fleets. We look forward to partnering with NAFG,
and their history of bringing innovative products and solutions to
this important segment."
The Bollinger B4 Chassis Cab is
an all-new, all-electric Class 4 commercial truck designed from the
ground up with extensive fleet and upfitter input. The vehicle has
a range of 185 miles and a payload of 7,394 lbs. Bollinger's unique chassis design protects the
158-kwh battery pack and components to offer unparalleled
capability, performance and safety in the commercial market. The
Bollinger B4 is an excellent fit
for commercial and government/municipal fleets looking for a
world-class truck, capable of performing a variety of job
functions.
"At National Auto Fleet Group, we take pride in helping
municipalities find and manage their fleet vehicles," said
Ben Rodriguez, HD Manager of
National Auto Fleet Group. "The Bollinger B4 is an excellent addition to our
vehicle portfolio and will help fill a key product need for
multiple government organizations developing electrification
strategies."
Sourcewell is a self-sustaining government organization, with
more than 40 years of dedicated service helping government,
education, and nonprofit agencies operate more efficiently through
a variety of solutions. NAFG is a vehicle vendor catering to
government agencies and municipalities across the country. The
agreement with NAFG provides Bollinger Motors a conduit to winning
more government contracts.
Bollinger Motors has passed numerous milestones in the past
several months, including:
- Its production launch on Sept.
16;
- Regulatory achievements including FMVSS compliance,
receiving the Certificate of Conformity from the Environmental
Protection Agency, and CARB certification;
- A 145-vehicle agreement with Momentum Group;
- A 70-vehicle agreement with Doering Fleet Management;
- A 50-vehicle agreement with EnviroCharge;
- The addition of Anderson Motors, TEC Equipment, Affinity
Truck Center, Nacarato Truck Centers, Nuss
Truck & Equipment, and LaFontaine Automotive Group as
dealers and service centers;
- Working with Our Next Energy in Novi, Michigan, to supply battery packs;
- Providing a full warranty coverage of the B4 chassis cab;
and,
- Announcing Syncron as its warranty administration partner
and Amerit Fleet Solutions as its mobile service provider.
ABOUT BOLLINGER
MOTORS
Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc.
is a U.S.-based company headquartered in Oak Park,
Mich. 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' continued partnership with NAFG and NAFG's
ability to sell Bollinger Motors vehicles; (b) Bollinger Motors'
ability to finalize a sales agreement with Momentum Group, Doering
Fleet Management, and EnviroCharge and deliver purchased vehicles
on schedule; (c) Bollinger Motors' continued partnership with
Nacarato Truck Centers, TEC Equipment, Affinity Truck Center, Nuss
Truck & Equipment, and LaFontaine Automotive Group; (d)
Bollinger Motors' continued partnership with Our Next Energy as a
battery supplier; (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.
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SOURCE Bollinger Motors