Deal value estimated at $8,250,000
Partnership creates innovative mobile charging solution for electric vehicle fleet owners
BREA, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today Bollinger Motors ("Bollinger") has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for an estimated deal value of $8,250,000 for electric vehicle owners.
EnviroCharge will install its mobile clean-propane-powered charging system on the Bollinger B4 chassis cab, an all-new, all-electric Class 4 commercial truck. By combining the charging unit with the Bollinger B4, EnviroCharge will provide a convenient mobile unit allowing electric vehicle owners to quickly and easily charge EVs anytime, anywhere.
EnviroCharge will take possession of the vehicles after Bollinger Motors launches production in the second half of 2024.