Bollinger Innovations, Inc. to Launch New Identity
BREA, Calif. — Mullen Automotive Inc. is making waves in the electric vehicle (EV) sector. The company has recently announced a transformative name change to Bollinger Innovations, Inc. This transition, effective on July 28, 2025, reflects the firm’s renewed vision and approach to the commercial vehicle market. Formerly branded as Mullen Automotive Inc., the company is rebranding to better align with their evolving business strategies and innovative product offerings.
Transition to Bollinger Innovations
David Michery, the CEO and chairman, articulated the significance of this change. He emphasized that the move to Bollinger Innovations represents more than a mere rebranding; it signifies a commitment to unite their products and brands under a cohesive identity. This strategic shift aims to enhance their presence and service capabilities in the commercial vehicle industry, setting the stage for a new era of growth.
Stock Trading and Corporate Structure
As part of the name change, the company's common stock will start trading under a new symbol – BINI – on NASDAQ, marking a pivotal moment for stockholders and potential investors. Importantly, while expectations are high, these changes will not affect the company’s underlying legal structure or daily business operations. Stockholders won't need to take any action regarding this transition, ensuring a seamless experience throughout the process.
What Lies Ahead for Bollinger Innovations
As Bollinger Innovations, Inc. embarks on this exciting journey, the company continues to operate out of its manufacturing facility in Tunica, Mississippi. This state-of-the-art facility spans 120,000 square feet, allowing for significant production capabilities. Since beginning operations in August 2023, Bollinger has been at the forefront of crafting the next generation of electric commercial vehicles. Their offerings include the ONE, a Class 1 EV cargo van, and the THREE, a Class 3 EV cab chassis truck, both certified by the California Air Resource Board (CARB) and the Environmental Protection Agency (EPA).
Strategic Partnerships and Expanding Dealer Network
The company has successfully established a robust dealer network of seven partners, including notable names such as Papé Kenworth and National Auto Fleet Group. This network facilitates sales and service coverage across key regions, notably on the West Coast and in the Midwest, allowing them to cater effectively to a diverse client base.
Integration with Bollinger Motors
In recent developments, Bollinger Innovations became a majority owner of Bollinger Motors, enriching its portfolio in the EV segment. Bollinger Motors has reached significant milestones, including the launch of the B4 Class 4 electric truck production. This initiative, started on September 16, 2024, positions Bollinger as a noteworthy competitor in the EV market, especially with a dealer network that boasts over 50 locations nationwide.
A Vision for the Future
The leadership at Bollinger Innovations is committed to pushing the boundaries of what’s possible in electric vehicle technology. With the unification under Bollinger Innovations, there’s a clear focus on innovation and development that will resonate throughout their offerings, enhancing sustainability in the automotive industry.
Frequently Asked Questions
What is the new name of Mullen Automotive Inc.?
The company will be officially known as Bollinger Innovations, Inc. from July 28, 2025.
What does the name change mean for shareholders?
The name and stock symbol change will not require any action from shareholders, and their ownership will remain unchanged.
What are some of the products offered by Bollinger Innovations?
The company specializes in commercial electric vehicles, including the Class 1 EV cargo van, ONE, and the Class 3 EV cab chassis truck, THREE.
Where is Bollinger Innovations' manufacturing facility located?
The manufacturing facility is situated in Tunica, Mississippi, covering 120,000 square feet.
What is the significance of the new trading symbol BINI?
The symbol BINI will represent Bollinger's stock on the NASDAQ, effective from the same date as the name change.
