Bollinger Motors Qualifies for New York State’s $100,000 Voucher Incentive Program for its All-Electric B4 Truck

Mullen Automotive (NASDAQ: MULN) announced that Bollinger Motors has qualified for New York State’s New York Truck Voucher Incentive Program (“NYTVIP”), offering up to a $100,000 voucher for its all-electric B4 Truck. This incentive, provided by NYSERDA, marks the fourth state incentive for Bollinger in the Northeast, adding to similar programs in Massachusetts, New Jersey and Pennsylvania. Recent milestones for Bollinger include regulatory certifications, significant fleet orders and partnerships with dealers and service providers, underscoring the B4’s readiness for widespread deployment.

Mullen Automotive is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. The CARB-issued HVIP approval on the Mullen THREE, Class 3 EV truck, provides up to a $45,000 cash voucher at time of vehicle purchase. The company has also recently expanded its commercial dealer network to seven dealers with the addition of Papé Kenworth.