Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary Bollinger Motors have announced pricing for the 2025 Bollinger B4 Chassis Cab. The manufacturer’s suggested retail price (“MSRP”) for the all-new, all-electric Class 4 commercial truck is $158,758. The company noted that the B4 is eligible for combined federal and state incentives totaling more than $100,000. The vehicle features extensive fleet and upfitter input with an exclusive chassis designed to protect the 158-kwh battery pack and components to provide impressive capability and safety. According to the announcement, Bollinger has started serial production of the B4 and plans to begin delivering vehicles to customers next month.

“Our team has listened to our customers and created a world-class electric truck to fill an important segment of the Class 4 commercial fleet market,” said Bollinger Motors chief revenue officer Jim Connelly in the press release. “We feel that we are bringing a versatile and valuable truck to market at a competitive price point. When combined with the variety of incentives available to potential customers, we believe the B4 makes the fleet transition to electric a no-brainer.”

To view the full press release, visit https://ibn.fm/8PWBf

About Mullen Automotive Inc.

Mullen Automotive is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) at its two United-States-based vehicle plants, one located in Tunica, Mississippi (120,000 square feet), and one located in Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. 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. As of January 2024, both the Mullen One, a Class 1 EV cargo van, and Mullen Three, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the United States. Recently, CARB issued Hybrid and Zero-Emissions Truck and Bus Voucher Incentive Project (“HVIP”) approval on the Mullen Three, Class 3 EV truck, providing up to a $45,000 cash voucher at time of vehicle purchase. The company has also recently expanded its commercial dealer network with the addition of Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group and Eco Auto providing sales and service coverage in key Midwest, West Coast, Pacific Northwest and New England markets. The company also recently announced Foreign Trade Zone (“FTZ”) status approval for its Tunica, Mississippi, commercial vehicle manufacturing center. FTZ approval provides a number of benefits, including deferment of duties owed and elimination of duties on exported vehicles. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

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