Bollinger Innovations Slashes Prices on Mullen ONE and THREE EVs Ahead of Incentive Deadline

Bollinger Innovations, Inc. (NASDAQ: BINI), a leader in the electric vehicle (EV) manufacturing sector, has announced a significant price adjustment for its Mullen ONE and Mullen THREE models. The company is offering a $7,500 price cut on existing inventory of these commercial EVs, making them more accessible to businesses looking to transition to electric fleets. The Mullen ONE, now priced at $27,000, and the Mullen THREE, at $61,000, are positioned as competitive options in the Class 1 and Class 3 commercial EV segments, respectively.

This strategic price reduction comes at a critical time, as buyers can also take advantage of a $7,500 credit under the Inflation Reduction Act for deliveries completed before September 30. This dual incentive not only makes Bollinger's EVs more affordable but also underscores the company's commitment to accelerating the adoption of commercial electric vehicles. The rebranding from Mullen Automotive to Bollinger Motors, set to take effect with the 2026 model year, marks a new chapter for the company, with plans to expand its product lineup to include the Bollinger B4 Class 4 truck and a Class 5 model by 2027.

Bollinger Innovations' commercial dealer network, spanning key markets across the United States, ensures that businesses have access to sales and service support. This network includes prominent dealers such as Papé Kenworth and Randy Marion Auto Group, among others, providing nationwide coverage. The company's manufacturing facility in Tunica, Mississippi, is a testament to its commitment to U.S.-based production and innovation in the EV space.

For more details on Bollinger Innovations and its range of commercial EVs, visit https://www.BollingerEV.com. Investors seeking the latest updates on BINI can find comprehensive information in the company's newsroom at https://ibn.fm/BINI.

The implications of this announcement are significant for the commercial EV market, as Bollinger Innovations' price adjustment and the impending Inflation Reduction Act credit deadline present a timely opportunity for businesses to invest in electric vehicles. This move not only benefits commercial customers but also contributes to the broader goal of reducing carbon emissions and promoting sustainable transportation solutions.