Curated News
By: NewsRamp Editorial Staff
October 30, 2024
Mullen Automotive Delivers Bollinger B4 Electric Trucks to TEC Equipment Locations
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- Bollinger B4 electric trucks delivered to TEC Equipment, provides $100,000 in tax incentives, significant revenue contribution to Mullen Automotive.
- Mullen Automotive's Bollinger B4 is an all-electric Class 4 chassis cab truck for commercial use, supporting fleet electrification efforts on the West Coast.
- Bollinger B4 electric trucks aim to make the world a better place by supporting fleet electrification efforts, strengthening Bollinger’s position in the EV commercial truck market.
- Bollinger B4 electric trucks qualify for up to $100,000 in federal and state tax incentives, marking a milestone with TEC Equipment as a new dealer.
Impact - Why it Matters
This news matters as it highlights the expansion of electric commercial vehicles, the development of dealership networks, and the impact on the EV market's growth and regulatory incentives.
Summary
Mullen Automotive (NASDAQ: MULN) has delivered three Bollinger B4 electric trucks to TEC Equipment locations, marking a milestone with TEC Equipment as a new dealer. These deliveries reflect a significant revenue contribution to Mullen’s fiscal quarter ending December 2024. The B4 model qualifies for up to $100,000 in federal and state tax incentives, strengthening Bollinger’s position in the EV commercial truck market and building on recent production and regulatory milestones.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Mullen Automotive Delivers Bollinger B4 Electric Trucks to TEC Equipment Locations
