Bollinger B2

EV start-up Mullen Automotive has announced the purchase of a controlling interest in Bollinger Motors for $148.2 million in cash and stock. As the new majority owner, Mullen has already shared intentions to use the cash to resume Bollinger’s halt to B1 and B2 electric truck production while continuing to pursue the development of class 3-6 medium-duty electric trucks.

Bollinger Motors made an appearance alongside energy company Con Edison at the New York International Auto Show, displaying its ill-fated B2 pickup. However, following recent news of its pivot to commercial EVs, Bollinger shared that it will develop a Class 3 walk-in van prototype for Con Edison.

EV startup Bollinger Motors just announced it is pausing development of its two flagship EVs – the B1 sport utility truck and B2 pickup, to focus instead on the commercial market. Bollinger has been working to deliver these two consumer EVs since 2015.