Bollinger Innovations (NASDAQ: BINI), an electric vehicle manufacturer, announced Bollinger Motors’ sale of 30 commercial EVs valued at $1,074,035 to Ziegler Truck Group, Range Truck Group, DB Schenker and Larsen Enterprises. The order includes 20 Class 1 urban delivery vans, six Class 3 utility trucks and four Class 4 all-electric Bollinger B4 trucks. Full payment has been received from DB Schenker, with additional payments expected by Sept. 30, 2025. Executives highlighted rising demand for Bollinger’s certified commercial EV lineup and noted that recent restructuring has enabled the sales team to achieve strong results with a more efficient, lower-cost model.
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About Bollinger Innovations
Bollinger Innovations (NASDAQ: BINI) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with a U.S. based vehicle manufacturing facility located in Tunica, Mississippi. Both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are available for sale in the U.S. The Company’s commercial dealer network consists of seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets.
Bollinger Motors, of Oak Park, Michigan, is an established EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support.
NOTE TO INVESTORS: The latest news and updates relating to BINI are available in the company’s newsroom at https://ibn.fm/BINI
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