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Bollinger Innovations Takes Further Cost Cutting Actions Resulting in Reducing Its Quarterly Cash Burn from $21.2M to $8.9M; a 58% Quarterly Decrease

Summary by The Record
BREA, Calif., Sept. 15, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) (“Bollinger Innovations” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company has taken further cost cutting actions by reducing its quarterly…

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The Record broke the news in Waterloo, Canada on Monday, September 15, 2025.
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