Mullen Automotive (NASDAQ: MULN) has announced a significant partnership between its subsidiary, Bollinger Motors, and Broadway Ford Truck Center in St. Louis, marking an important expansion of Bollinger’s presence in the Midwest. This collaboration comes as Bollinger Motors continues to make strides in the electric commercial vehicle market with its B4 Chassis Cab, an all-electric Class 4 commercial truck.
The partnership with Broadway Ford Truck Center is particularly noteworthy as it aligns with both companies’ commitments to sustainability and innovation in the commercial vehicle industry. Dennis Phillips, President of Broadway Ford Truck Center, emphasized this shared vision, highlighting the potential impact on the future of commercial transportation.
Bollinger’s B4 Chassis Cab, which began deliveries in October, features a robust 158-kilowatt-hour battery and a design specifically tailored for fleet operations. This vehicle represents a significant step forward in the electrification of commercial fleets, offering businesses a viable alternative to traditional fossil fuel-powered trucks.
The expansion of Bollinger’s dealer network through this partnership is part of a larger strategy by Mullen Automotive to increase its footprint in the electric vehicle market. Mullen has been making significant progress, with two U.S.-based vehicle plants in Tunica, Mississippi, and Mishawaka, Indiana, boasting a combined manufacturing space of 770,000 square feet.
In recent months, Mullen has achieved several key milestones that underscore its growing presence in the EV sector. The company began commercial vehicle production in Tunica in August 2023 and received IRS approval for federal EV tax credits on its commercial vehicles in September, offering eligible customers up to $7,500 per vehicle. This Qualified Manufacturer designation enhances the attractiveness of Mullen’s vehicles to potential buyers.
Furthermore, Mullen has expanded its commercial dealer network to include seven dealers, providing sales and service coverage across key regions in the United States. The addition of Broadway Ford Truck Center to this network strengthens Mullen’s ability to serve customers in the Midwest, a crucial market for commercial vehicles.
The company’s progress extends beyond partnerships and production. Both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, have received California Air Resource Board (CARB) and EPA certification, making them available for sale in the U.S. The CARB-issued HVIP approval for the Mullen THREE provides an additional incentive for potential buyers, offering up to a $45,000 cash voucher at the time of vehicle purchase.
Mullen’s recent Foreign Trade Zone (FTZ) status approval for its Tunica, Mississippi, commercial vehicle manufacturing center further enhances its competitive position. This status provides benefits such as deferment of duties owed and elimination of duties on exported vehicles, potentially improving the company’s cost structure and global competitiveness.
The partnership between Bollinger Motors and Broadway Ford Truck Center, along with Mullen Automotive’s broader achievements, signals a significant shift in the commercial vehicle landscape. As more businesses seek sustainable transportation solutions, the availability of electric commercial vehicles through established dealerships could accelerate the adoption of EVs in fleet operations across the Midwest and beyond.
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