TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Inks Contract for Sale of 70 B4 EV Trucks to Leading Fleet-Management Company
Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and its subsidiary, Bollinger Motors, have contracted to sell 70 all-electric Class 4 Bollinger B4 commercial trucks. The trucks are being purchased by Doering Fleet Management, one of the nation’s premier fleet-management companies, and will be the first class 4, medium duty, all-electric truck offered by Doering. According to the announcement, the value of vehicle order is an estimated $11.5 million, and the first vehicles are slated to be delivered later this year. An all-new, battery-electric class 4 commercial truck, the Bollinger B4 Chassis Cab has been designed from the ground…