Bollinger Innovations to Supply 34 Mullen EVs for FedEx ISP Fleets Across Mid-Atlantic Region

Bollinger Innovations (NASDAQ: BINI) has signed a significant agreement with Ariel Fleet Holdings for the deployment of 34 electric vehicles across FedEx Independent Service Provider networks. The order includes 30 Mullen THREE EV trucks and four Mullen ONE EV cargo vans that will be operated by Advanced Logistics Systems and Springbok Holdings across North Carolina, Virginia, and the mid-Atlantic region.

The agreement represents a substantial step forward in the electrification of last-mile delivery fleets, particularly within the package delivery sector where FedEx operates one of the largest ground transportation networks. This deployment demonstrates growing confidence in Bollinger's commercial EV lineup, which includes the Mullen ONE Class 1 EV cargo van, Mullen THREE Class 3 EV cab chassis truck, and Bollinger B4 Chassis Cab. All vehicles in the company's commercial portfolio are certified to meet U.S. federal safety standards, Environmental Protection Agency requirements, and California Air Resources Board standards for clean transportation solutions.

For the logistics and transportation industry, this agreement signals a meaningful shift toward electric vehicle adoption in commercial fleet operations. The deployment across multiple states in the mid-Atlantic region provides a real-world testing ground for electric vehicles in demanding delivery applications. FedEx Independent Service Providers operate critical last-mile delivery routes where vehicle reliability and operating costs significantly impact business performance.

Bollinger Innovations maintains a comprehensive commercial dealer network that includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, and Randy Marion Auto Group. This network provides sales and service coverage across key West Coast, Midwest, Pacific Northwest, and Mid-Atlantic markets, ensuring support for the newly deployed vehicles. Additional information about the company's developments is available through their newsroom at https://ibn.fm/BINI.

The broader implications of this agreement extend beyond immediate fleet operations. As commercial vehicles transition to electric power, the reduction in emissions from delivery fleets could significantly impact urban air quality in the regions where these vehicles operate. The mid-Atlantic deployment serves as a model for how electric commercial vehicles can be integrated into existing logistics networks without compromising operational efficiency.

Bollinger Motors, the established EV truck company within Bollinger Innovations, has achieved several important milestones including the production launch of its B4 Class 4 electric truck on September 16, 2024. The company has developed an extensive dealer network with over 50 locations across the United States to provide comprehensive sales and service support for its growing electric vehicle portfolio.

This agreement positions Bollinger Innovations as a key player in the evolving commercial electric vehicle market, particularly in the competitive last-mile delivery segment where reliability, cost-effectiveness, and environmental compliance are increasingly important factors for fleet operators making vehicle purchasing decisions.