Bollinger Innovations, Inc. (NASDAQ: BINI) reported $1,074,035 in payments for commercial electric vehicle sales completed in August 2025, according to company announcements. The payments were received from Pritchard Automotive for DB Schenker and from Ziegler Truck Group, both part of previously disclosed transactions involving the company's electric vehicle lineup. This financial milestone underscores the commercial viability of Bollinger's electric vehicle offerings in a competitive market landscape.
The company's leadership emphasized the strategic importance of the Ziegler sale in building market momentum, particularly alongside recent cost reduction initiatives. Bollinger's commercial EV portfolio includes the Mullen One Class 1 delivery van, the Mullen Three Class 3 utility truck, and the Bollinger B4 Class 4 chassis cab, all designed to meet U.S. safety and emissions standards for commercial applications. These vehicles represent the company's commitment to providing sustainable transportation solutions for commercial fleets.
Bollinger Innovations operates a U.S.-based vehicle manufacturing facility in Tunica, Mississippi, supporting production of its commercial EV offerings. The company maintains a commercial dealer network consisting of six dealers: Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, and Randy Marion Auto Group. This network provides sales and service coverage across key markets including the West Coast, Midwest, Pacific Northwest, and Mid-Atlantic regions, ensuring comprehensive support for commercial customers.
The company's subsidiary, Bollinger Motors of Oak Park, Michigan, has achieved several significant milestones, including the production launch of its B4 Class 4 electric truck on September 16, 2024. Bollinger Motors has also developed an extensive dealer network with over 50 locations across the United States to provide sales and service support for its electric truck offerings. Investors and stakeholders can access the latest news and updates relating to BINI through the company's newsroom available online.
