Bollinger accquired by Mullen who seem to have their own car offering

Discussion in 'Bollinger Motors' started by interestedinEV, Dec 6, 2022.

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  1. interestedinEV

    interestedinEV Well-Known Member

    Was trying to see where Bollinger was, who had a few years ago, with a lot of fan fare a few years ago, wanted to come out with high priced SUV's.

    They have cancelled B1 and B2 and moved to heavy duty trucks (no surprise, B1 and B2 were very high priced). Deposits were refunded and they are looking class 3 to 6 vehicles now
    https://www.forbes.com/sites/sebastianblanco/2022/01/14/bollinger-motors-cancels-b1-b2-in-shift-to-commercial-evs/?sh=51ebdff14445

    Seems that they have been majority acquired (60%) by Mullen Automotives, a NASDAQ listed company who has their own EV offerings. Mullen is a successor to CODA (https://www.mullenusa.com/about-us )

    Mullen also is taking orders for their cars. Their I-Go is a rebadged Chinese Xiaohu FEV. They want to set up a factory in TN and are taking orders for their cars Mullen Five (https://www.mullenusa.com/reserve-now) and want $100, but completely sparse on any other details other than range (325 miles) and that it will be available some time in 2024 for around $55,000. Not very enticing.

    Going dizzy trying to figure out what exactly is happening out here.
     
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  3. interestedinEV

    interestedinEV Well-Known Member

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