FAQ: Mullen Automotive's Rebranding to Bollinger Innovations and Operational Consolidation

What is the main reason behind Mullen Automotive’s rebranding to Bollinger Innovations?

The rebranding to Bollinger Innovations is part of Mullen Automotive’s strategy to consolidate operations under the Bollinger brand for improved fiscal efficiency and to advance its commercial electric vehicle lineup.

When will Mullen Automotive change its NASDAQ ticker symbol?

Mullen Automotive expects to change its NASDAQ ticker symbol before August 15, 2025.

How has Mullen Automotive streamlined its operations?

Mullen Automotive has cut 155 positions, slashed annual operating expenses by at least $35 million, and is moving commercial vehicle functions to Oak Park, Michigan, while unifying sales, marketing, and service divisions.

What are some of the commercial EVs Mullen Automotive is focusing on?

Mullen Automotive is advancing Class 1, 3, and 4 commercial EVs, including the Mullen ONE and THREE and the Bollinger B4, which boasts a 7,325-lb payload and 185-mile range.

Where are Mullen Automotive’s vehicle plants located?

Mullen Automotive has two U.S.-based vehicle plants located in Tunica, Mississippi (120,000 square feet) and Mishawaka, Indiana (650,000 square feet).

What benefits does the CARB-issued HVIP approval provide for the Mullen THREE?

The CARB-issued HVIP approval on the Mullen THREE, Class 3 EV truck, provides up to a $45,000 cash voucher at the time of vehicle purchase.

How can I find more information about Mullen Automotive?

For more information about Mullen Automotive, visit www.MullenUSA.com or check the company’s newsroom at https://ibn.fm/MULN.

What is the significance of Mullen Automotive’s Foreign Trade Zone status approval?

The Foreign Trade Zone (FTZ) status approval for its Tunica, Mississippi, commercial vehicle manufacturing center provides benefits such as deferment of duties owed and elimination of duties on exported vehicles.