Bollinger Motors Has Been Saved From the Brink of Death
Mullen Automotive has acquired an additional 21 percent of the company and resolved its debts.
Bollinger Motors has been saved. Mullen Automotive has acquired an additional 21 percent of the company, bringing its total ownership to 95 percent. Despite having complete control over Bollinger, Mullen said the automaker will maintain “its own brand identity and focus.”
Bollinger reportedly went into receivership earlier this year after company founder and former CEO Robert Bollinger sued the automaker, who left in 2024. He claimed Bollinger Motors owed him $10 million, but all that should be in the company’s past.
According to Mullen announcing the acquisition, it has “resolved recent claims and debt that had led to a court-ordered receivership for Bollinger.” The court has discharged and removed the receiver and dismissed the case, Mullen says.
Bollinger customers should expect “business as usual,” which includes sales, services, and warranty coverage. The company will continue to develop the B4 chassis cab, its all-electric Class 4 commercial truck. Bollinger will utilize Mullen’s resources to accelerate development and integrate the B4 into Mullen’s EV ecosystem.
Bollinger was founded in 2015 with initial plans to develop a mid-size electric pickup and an SUV. However, the B1 and B2 never entered production, and the company shifted focus to an electric commercial truck. Production for that began last September.
Source: Mullen Automotive
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