Bollinger Innovations Announces Price Adjustments for EVs
Brea, CA – Bollinger Innovations, Inc. (NASDAQ: BINI), an innovative electric vehicle (EV) manufacturer, is excited to share that it is offering commercial customers an additional price adjustment of $7,500 on its existing inventory of Mullen ONE and Mullen THREE electric vehicles. This move aims to make these EVs more accessible, reflecting the company’s commitment to sustainability and affordable transportation solutions.
The Mullen ONE, which is a Class 1 EV cargo van, now has a Manufacturer's Suggested Retail Price (MSRP) of $27,000. Additionally, the Mullen THREE, a Class 3 EV cab chassis truck, is priced at $61,000. With the recently introduced federal incentives under the Inflation Reduction Act, customers can benefit from these significant savings if they take delivery before the approaching September 30 deadline. This makes the Mullen ONE and Mullen THREE some of the most competitively priced commercial EV options on the market.
Previously known as Mullen Automotive, Bollinger Innovations underwent a rebranding on July 28 to streamline operations and enhance brand identity. Both the Mullen ONE and Mullen THREE will be rebranded as Bollinger Motors vehicles in the upcoming 2026 model year, which is an exciting development for the company as it strives to expand its footprint in the EV market.
Jim Connelly, the Chief Revenue Officer for Bollinger Innovations and Bollinger Motors, stated, "The combined product line from Mullen Automotive and Bollinger Motors offers fleet customers a diverse array of affordable, high-quality commercial EV options. The recent price adjustments, paired with federal incentives, establish the Mullen ONE and Mullen THREE as remarkable values in today’s marketplace. Given that the federal incentive expires on September 30, it is crucial for potential buyers to act swiftly to seize this opportunity as demand continues to rise."
Alongside the Mullen ONE and THREE, the Bollinger Innovations lineup also includes the Bollinger B4 Class 4 commercial electric truck, and there are plans to unveil a Class 5 truck in the 2027 model year. This expansion reflects the company’s dedication to providing various options that help organizations enhance the sustainability of their vehicle fleets.
Connelly emphasized, "Our product range caters to various organizational needs, ensuring they can effectively transition towards greener fleets. We are confident that our current models, alongside the forthcoming Bollinger B5, will enable our customers to not only meet but exceed their fleet electrification goals."
About Bollinger Innovations, Inc.
Bollinger Innovations (NASDAQ: BINI) is based in Southern California and focuses on producing next-generation commercial electric vehicles. The company's manufacturing facility is situated in Tunica, Mississippi, where both the ONE and THREE models are currently produced and sold within the U.S. Bollinger has developed a robust commercial dealer network, which includes seven key dealers ensuring comprehensive sales and service coverage across significant regions in the country.
In addition to its production capacity, Bollinger Motors, located in Oak Park, Michigan, has made significant progress within the EV truck sector. The company successfully launched the B4, a Class 4 electric truck, while establishing a dealer network that now encompasses over 50 locations nationwide, further enhancing their capability to support sales and service operations.
For more details about Bollinger Innovations and its offerings, interested parties are encouraged to visit the official website at www.BollingerEV.com.
Frequently Asked Questions
What is the latest price adjustment announced by Bollinger Innovations?
Bollinger Innovations has announced a price adjustment of $7,500 on the Mullen ONE and THREE electric vehicle models to enhance affordability for commercial customers.
How much do the Mullen ONE and Mullen THREE EVs cost after the price adjustment?
After the price adjustment, the Mullen ONE is priced at $27,000, while the Mullen THREE is priced at $61,000.
What incentives are available for customers purchasing these vehicles?
Customers can benefit from an additional incentive provided by the federal government through the Inflation Reduction Act, which is only available if delivery is made before September 30.
What changes occurred with Mullen Automotive?
Mullen Automotive has rebranded as Bollinger Innovations, reflecting its new strategic direction and operational streamlining.
Where are Bollinger Innovations’ vehicles manufactured?
All vehicles are manufactured in Bollinger Innovations’ facility located in Tunica, Mississippi.
