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BREA, Calif., Sept. 15, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Company has taken further cost cutting actions by reducing its quarterly cash burn from $21.2 million to $8.9 million, resulting in a 58% decrease. The Company remains focused on reducing expenses without affecting marketing, sales and manufacturing capabilities while EV sales momentum continues to grow across commercial vehicle Classes 1, 3 and 4. "We remain committed to our commercial vehicle sales opportunities and expanding our market reach while continuing to focus on positionin
Sales invoiced at $1,074,035; Company in receipt of full payment from DB Schenker and expects to receive full payment from Ziegler/Range on or before Sept. 30, 2025 Vehicles include 20 Class 1 urban delivery EV cargo vans, six Class 3 urban utility EV trucks and four Class 4 all-electric Bollinger B4 trucks Two Bollinger B4s delivered to Larsen Enterprises on Aug. 29, 2025 BREA, Calif., Sept. 04, 2025 (GLOBE NEWSWIRE) -- via IBN -- Bollinger Innovations, Inc. (NASDAQ: BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle ("EV") manufacturer, announces today Bollinger Motors' sale of 30 commercial EVs, valued at $1,074,035 to Ziegler Truck Group and its counterpart compan
BREA, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle ("EV") manufacturer, announces today that Bollinger Motors has named Ziegler Truck Group, LLC and its counterpart company, Range Truck Group, LLC, official Bollinger Motors dealers. The addition of these organizations expands Bollinger Motors' commercial sales and service network to Minnesota, Wisconsin, Iowa and Washington. Both Ziegler Truck Group and Range Truck Group are authorized to sell the Bollinger B4 chassis cab, an all-new, all-electric Class 4 commercial truck, as well as The Mullen ONE, Class 1 EV cargo van, and
8-K - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
8-K - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
DEF 14A - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
Company continues to reduce cash burn; including recently initiating strategic move of Bollinger B4 manufacturing from Roush Industries in Michigan to Company-owned plant in Tunica, Miss. Subsequent to June 30, the Company increased shareholder equity by more than $110 million BREA, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ:BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle manufacturer, today announces financial results for the three and nine months ended June 30, 2025, and a current business update. Commenting on recent results and Company highlights, CEO and chairman David Michery stated: "In July, we combined our comm