Mullen Automotive’s Bollinger Motors gets $10M financing
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Contributor since / Followers
Contributor since / Followers
3 weeks ago
- Mullen Automotive (NASDAQ:MULN) announced that Robert Bollinger, founder of Bollinger Motors, has provided Bollinger with $10 million in non-dilutive debt financing to support Bollinger’s production ramp-up and sale of the B4, Class 4 EV truck.
- Bollinger Motors became a majority-owned company of Mullen Automotive in September 2022.
- The trucks are assembled at Roush Industries in Livonia, Michigan, with greater than 70% US-made content.