Mullen Subsidiary, Bollinger Motors, Announces Sale Of 70 B4 EV Trucks Valued At ~$11.5M With First Vehicle Deliveries In Late 2024

Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today its subsidiary, Bollinger Motors, has reached an agreement to sell 70 all-electric Class 4 Bollinger B4 commercial trucks to Doering Fleet Management ("Doering"), one of the nation's premier fleet management companies. The vehicle order is valued at approximately $11.5 million with first vehicle deliveries in late 2024. The Bollinger B4 will be the first Class 4 medium duty, all-electric truck offered by Doering.