Bollinger Innovations, Inc. Completes Brand Transition with Name and Ticker Change

Bollinger Innovations, Inc. (NASDAQ: BINI), formerly known as Mullen Automotive Inc., has officially completed its transition to a new corporate identity, effective July 28, 2025. The change includes a new name and Nasdaq stock symbol 'BINI,' unifying its commercial Class 1, 3, and 4 electric vehicles under a single brand. CEO and Chairman David Michery emphasized that this rebranding signifies the culmination of the company's evolution without affecting its legal structure or operations, requiring no action from shareholders.

The company, based in Southern California with manufacturing in Tunica, Mississippi, has already made significant strides in the electric vehicle market. Its ONE Class 1 EV cargo van and THREE Class 3 EV cab chassis truck have received certifications from the California Air Resource Board (CARB) and the EPA, making them available for sale across the U.S. Bollinger Innovations boasts a commercial dealer network of seven dealers, ensuring sales and service coverage in key markets nationwide.

In a strategic move to expand its footprint in the electric truck segment, Bollinger Innovations acquired a majority stake in Bollinger Motors in September 2022. This Michigan-based company has achieved notable milestones, including the launch of its B4 Class 4 electric truck production and the establishment of a comprehensive dealer network with over 50 locations for sales and service support across the United States.

This rebranding and the consolidation under the Bollinger Innovations name reflect the company's commitment to leading the next generation of commercial electric vehicles. With a strong foundation and a clear vision, Bollinger Innovations is poised to make a significant impact on the EV industry, offering sustainable transportation solutions that meet the needs of businesses and consumers alike.