B4

Mullen Announces Bollinger Motors Sale of 50 Bollinger B4 Chassis Cab EV Trucks to EnviroCharge

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水曜日, 5月 22, 2024
Transport, EV, Bollinger, Inflation, EVS, Equipment, Syncron, IBN, B4, Bollinger Motors

BREA, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for an estimated deal value of $8,250,000 for electric vehicle owners.

Key Points: 
  • EnviroCharge will install its mobile clean-propane-powered charging system on the Bollinger B4 chassis cab, an all-new, all-electric Class 4 commercial truck.
  • By combining the charging unit with the Bollinger B4, EnviroCharge will provide a convenient mobile unit allowing electric vehicle owners to quickly and easily charge EVs anytime, anywhere.
  • EnviroCharge will take possession of the vehicles after Bollinger Motors launches production in the second half of 2024.
  • “EnviroCharge shares our commitment and vision to transform the transportation industry,” said Robert Bollinger, founder and CEO of Bollinger Motors.

Mullen Announces $150 Million Financing Commitment

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火曜日, 5月 14, 2024
EV, CARB, Free-trade zone, HVIP, Mullen, IBN, B4, FTZ, Bollinger Motors

BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company has received a $100 million financing commitment from a family office and has sold up to an additional $50 million of senior secured convertible notes to family offices and high net worth investors. These commitments satisfy the Company’s capital needs over the next 13 months. The Company sold such investors $12.5 million in notes on May 14, 2024.  

Key Points: 
  • BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company has received a $100 million financing commitment from a family office and has sold up to an additional $50 million of senior secured convertible notes to family offices and high net worth investors.
  • The Company sold such investors $12.5 million in notes on May 14, 2024.
  • With the $150 million funding commitment, the Company has enough cash and cash equivalents to fund operations over the next 13 months for both Mullen and Bollinger Motors, which includes Bollinger Motors B4 vehicle production.
  • Mullen has recently announced several advancements including, California Air Resource Board (CARB) HVIP approval on the Mullen THREE, Class 3 EV truck and providing up to $45,000 cash voucher at time of vehicle purchase.

Mullen Announces Bollinger Motors Taps Amerit Fleet Solutions for Mobile Service and Warranty for the Company’s B4 All-Electric Class 4 Commercial Truck

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火曜日, 5月 7, 2024
B4, Safety, Bollinger Motors, Curriculum, IBN, EV, Inflation, Bollinger

The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.

Key Points: 
  • The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.
  • Under this agreement, Amerit will provide maintenance, repair, and warranty services to customer locations outside of the designated service area of a Bollinger authorized dealer.
  • “With Amerit, Bollinger can now offer the best nationwide coverage for electrified fleets,” said Robert Bollinger, founder and CEO of Bollinger Motors.
  • Bollinger also grew its national authorized dealer network by adding Nacarato Truck Centers and Nuss Truck & Equipment to LaFontaine Auto Group.

Bollinger Motors Taps Amerit Fleet Solutions for Mobile Service & Warranty for the Company's B4 All-Electric Class 4 Commercial Truck

Retrieved on: 
火曜日, 5月 7, 2024
B4, Safety, Bollinger Motors, Curriculum, EV, Inflation, Bollinger, Shipbuilding

The Bollinger B4 Chassis Cab is an all-new, all-electric class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.

Key Points: 
  • The Bollinger B4 Chassis Cab is an all-new, all-electric class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.
  • Amerit's Mobile Service Centers are an important complement to Bollinger's service strategy, providing convenient and essential services on location, minimizing downtime, and maximizing fleet efficiency.
  • "With Amerit, Bollinger can now offer the best nationwide coverage for electrified fleets ," said Robert Bollinger, founder and CEO of Bollinger Motors.
  • And Bollinger recently grew their national authorized dealer network by adding Nacarato Truck Centers and Nuss Truck & Equipment to LaFontaine Auto Group.

Akari Therapeutics Reports Full-Year 2023 Financial Results and Recent Highlights

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月曜日, 4月 1, 2024
Diagnosis, Civil service commission, Research, AATD, Growth, Akari, C5, Patient, Choroidal neovascularization, Sale, B4, PRV, Mortality, Hot game, Clinical trial, Therapy, Priority review, Safety, NEI, European Commission, ADC, Geographic atrophy, Hematopoietic stem cell transplantation, CNV, Pharmaceutical industry

BOSTON and LONDON, April 01, 2024 (GLOBE NEWSWIRE) -- Akari Therapeutics, Plc (Nasdaq: AKTX), a late-stage biotechnology company developing advanced therapies for autoimmune and inflammatory diseases, has reported financial results for the full year 2023 as well as recent company highlights.

Key Points: 
  • BOSTON and LONDON, April 01, 2024 (GLOBE NEWSWIRE) -- Akari Therapeutics, Plc (Nasdaq: AKTX), a late-stage biotechnology company developing advanced therapies for autoimmune and inflammatory diseases, has reported financial results for the full year 2023 as well as recent company highlights.
  • The combined entity will operate as Akari Therapeutics, Plc, which is expected to continue to be listed and trade on the Nasdaq Capital Market as AKTX.
  • Akari is continuing to recruit patients into the Part A portion of the Phase 3 clinical trial that has treated 10 patients to date.
  • During 2023, Akari also advanced the long-acting version of nomacopan (PASylated nomacopan) into the final stages of pre-clinical development as a treatment for geographic atrophy (GA).

Mullen Subsidiary, Bollinger Motors, Names Next 2 Dealers in 7 States and 11 Locations

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火曜日, 3月 5, 2024
Bollinger Motors, Inflation, Equipment, IBN, B4, Safety, Bollinger

The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.

Key Points: 
  • The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.
  • Bollinger’s unique chassis design protects the 158-kilowatt-hour battery pack and components to offer unparalleled capability and safety in the commercial market.
  • The company anticipates deliveries of the Bollinger B4 to begin in the second half of 2024.
  • “We are building our national dealer network very strategically to ensure that they share Bollinger’s commitment to quality and customer service,” said Robert Bollinger, founder and CEO of Bollinger Motors.

BOLLINGER MOTORS NAMES NEXT TWO DEALERS IN SEVEN STATES AT 11 LOCATIONS

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火曜日, 3月 5, 2024
Bollinger Motors, Inflation, Safety, EV, Bollinger, B4

DETROIT, March 5, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, has named the next two dealership groups spanning seven states and 11 locations, as they rollout their commercial electric truck line, beginning with the Bollinger B4 Chassis Cab in the second half of 2024.

Key Points: 
  • DETROIT, March 5, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, has named the next two dealership groups spanning seven states and 11 locations, as they rollout their commercial electric truck line, beginning with the Bollinger B4 Chassis Cab in the second half of 2024.
  • The Bollinger B4 Chassis Cab is an all-new, all-electric class 4 commercial truck designed from the ground up with extensive fleet and upfitter input.
  • The company anticipates deliveries of the Bollinger B4 to begin in the second half of 2024.
  • "We are building our national dealer network very strategically to ensure that they share Bollinger's commitment to quality and customer service," said Robert Bollinger, founder and CEO of Bollinger Motors.

Mullen Announces Bollinger Motors First Commercial Dealership, LaFontaine Automotive Group

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水曜日, 2月 14, 2024
Bollinger Motors, Inflation, Growth, Sale, LaFontaine, IBN, B4, Safety, Bollinger, Partnership

BREA, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has named LaFontaine Automotive Group as its first authorized dealer with two locations in Lansing and Farmington Hills, Michigan.

Key Points: 
  • BREA, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has named LaFontaine Automotive Group as its first authorized dealer with two locations in Lansing and Farmington Hills, Michigan.
  • “We are thrilled to work with LaFontaine right here in Michigan where we designed, and will build, the B4,” said Robert Bollinger, founder and CEO of Bollinger Motors.
  • Bollinger commercial vehicles will be sold at LaFontaine Bollinger Farmington Hills, 30250 Grand River Avenue in Farmington Hills, and LaFontaine Bollinger Lansing, 3625 S Pennsylvania Avenue in Lansing.
  • “Our team has positioned itself as a true commercial and fleet powerhouse,” said Brian Frania, commercial and fleet director, LaFontaine Automotive Group.

BOLLINGER MOTORS RECEIVES IRS APPROVAL FOR $40,000 COMMERCIAL EV FEDERAL TAX CREDIT

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火曜日, 2月 6, 2024
GVWR, Growth, IRC, B4, Internal Revenue Code, Bollinger, EV, IRS, Bollinger Motors, IRA, Inflation, Organization, Life insurance

DETROIT, Feb. 6, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric vehicle ("EV") manufacturer, today announced it has received IRS approval as a "qualified manufacturer" for clean vehicle credits under the Inflation Reduction Act of 2022 (the "IRA").

Key Points: 
  • DETROIT, Feb. 6, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric vehicle ("EV") manufacturer, today announced it has received IRS approval as a "qualified manufacturer" for clean vehicle credits under the Inflation Reduction Act of 2022 (the "IRA").
  • This designation enables the Bollinger B4 chassis cab to qualify for the IRA's new credit for qualified commercial clean vehicles , providing eligible purchasers a tax credit of up to $40,000 per vehicle.
  • "Bollinger Motors is poised for growth and we're ready to help electrify America's fleets," said Robert Bollinger, founder and CEO of Bollinger Motors.
  • The credit equals the lesser of:
    The Bollinger B4, with a GVWR of 15,500 pounds, is expected to qualify for the full eligible tax credit of $40,000.

Mullen Announces Bollinger Motors Receives IRS Approval for $40,000 Commercial EV Tax Credit

Retrieved on: 
火曜日, 2月 6, 2024
GVWR, Growth, IBN, B4, Internal Revenue Code, Bollinger, IRS, Bollinger Motors, Engine, Inflation, Organization, Life insurance

(NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has received IRS approval as a “qualified manufacturer” for clean vehicle credits under the Inflation Reduction Act of 2022 (the “IRA”).

Key Points: 
  • (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has received IRS approval as a “qualified manufacturer” for clean vehicle credits under the Inflation Reduction Act of 2022 (the “IRA”).
  • This designation enables the Bollinger B4 chassis cab to qualify for the IRA’s new credit for qualified commercial clean vehicles, providing eligible purchasers a tax credit of up to $40,000 per vehicle.
  • “Bollinger Motors is poised for growth and we’re ready to help electrify America’s fleets,” said Robert Bollinger, founder and CEO of Bollinger Motors.
  • The credit equals the lesser of:
    The Bollinger B4, with a GVWR of 15,500 pounds, will qualify for the full eligible tax credit of $40,000.