US EditionMullen Announces FIVE RS Launch and Vehicle Sales in Germany in December 2025
- On June 2, 2025, Mullen Automotive announced from BREA, California, it acquired an additional 21% stake in Bollinger Motors, raising ownership to 95%.
- This acquisition followed the resolution of significant outstanding claims and debt that had caused Bollinger's court receivership, which the court dismissed with prejudice.
- Under full Mullen control, Bollinger will continue as an independent subsidiary, maintaining its brand, focus on the all-electric B4 Class 4 commercial truck, and expanded sales operations.
- The Bollinger B4 features a 158-kWh battery, 185-mile range, 7,325-pound payload, and 46-foot turning radius, supported by over 50 dealer and service locations nationwide.
- This strategic transaction reinforces Mullen’s commitment to Bollinger’s development and customer backing, leveraging combined resources to drive innovation and commercial EV market expansion.
15 Articles
15 Articles
Globe Newswire
Mullen Reaches Definitive Agreement to Acquire Additional 21% of Bollinger Motors, Bringing Its Total Ownership to 95% and Eliminates Significant Debt
Transaction increases shareholder equity by approximately $3.5M As part of agreement, Mullen extinguishes significant debt, gains additional 21%...
Mullen Buys More Bollinger Motors & Reverse 1-100 Split
Mullen Automotive Inc., a Southern California-based EV manufacturer, announced Monday that it has acquired an additional 21 percent stake in Bollinger Motors, bringing its total ownership to 95 percent. The transaction not only strengthens Mullen’s strategic position but also adds approximately $3.5 million to shareholder equity. The deal comes after Mullen resolved longstanding claims and
Mullen Automotive Declines 30% - Orange County Business Journal
Brea-based Mullen Automotive Inc. (Nasdaq: MULN) dropped 30% to $5.77 per share after acquiring an additional 21% of Bollinger Motors Inc. on Monday. This brings Mullen’s majority stake up to 95% in the Michigan-based manufacturer of electric commercial trucks. A court-ordered receivership at Bollinger was recently discharged and removed, allowing the EV maker to continue operating independently under Mullen. Mullen said the “transaction i…
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