Mullen Automotive Subsidiary, Bollinger Motors, Delivers First Class 4 Electric Truck Order to EnviroCharge

BREA, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces its subsidiary, Bollinger Motors, has delivered the first 2025 Bollinger B4 truck of multiple orders to EnviroCharge for conversion into a mobile charging unit. “We’re proud to partner with EnviroCharge in its mission to expand EV charging infrastructure and are encouraged to see how the B4 continues to drive progress in the electric vehicle industry,” said Jim Connelly, chief revenue officer of Bollinger Motors. “We are excited that EnviroCharge chose to use our truck, and we see it as another important step in Bollinger Motors’ growth and leadership in the commercial electric vehicle space. The Bollinger B4 is a versatile and reliable solution for commercial applications, and we look forward to developing more innovative uses for our customers.” Bollinger B4 trucks will be upfitted with custom EV Level 3, 120 kilowatt-charging units by EnviroCharge, a service-disabled veteran-owned, charge point operating company (CPO), based in Indiana. The first Bollinger B4 upfitted truck is planned to debut at the Advanced Clean Trucking (ACT) Expo 2025 in Anaheim, California, on April 28 – May 1. Additional trucks will be deployed in California, providing reliable mobile charging solutions to meet the growing demand for EV infrastructure. "We’re thrilled to partner with Bollinger Motors to integrate their innovative B4 trucks into our fleet as mobile charging solutions," said Charlie Stockton, CEO of EnviroCharge. "The performance, versatility, and sustainability of the Bollinger B4 make it the ideal platform for our mission to provide reliable, on-the-go electric vehicle charging. We’re excited to see how these vehicles help pave the way for further electrification and innovation across industries." The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input. Bollinger’s unique chassis design protects the 158-kWh battery pack and components to offer unparalleled capability and safety in the commercial market. The company began delivering Bollinger B4 vehicles to customers in October 2024. Bollinger Motors has qualified for multiple federal and state incentive programs, including: Inflation Reduction Act incentives of up to $40,000 per vehicle.California: Innovative Small e-Fleet (ISEF) Pilot Program, with incentives up to $120,000 per vehicle.Massachusetts: voucher of up to $30,000 per vehicle from Massachusetts Offers Rebates for Electric Vehicles (MOR-EV).New York: up to $100,000 from NYTVIP through NYSERDA.Pennsylvania: up to a $20,000 grant from Alternative Fuels Incentive Grant Program (AFIG) of the Pennsylvania Department of Environmental Protection. About Bollinger Motors Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a U.S.-based company headquartered in Oak Park, Michigan. Bollinger Motors is producing and selling its all-electric commercial Class 4 chassis cab truck. In September of 2022, Bollinger Motors became a majority-owned company of Mullen Automotive, Inc. (NASDAQ: MULN). Learn more at www.BollingerMotors.com and www.MullenUSA.com. About EnviroCharge EnviroCharge, a service-disabled veteran-owned, charge point operating company (CPO), believes that the future of clean transportation begins with a passionate team with the vision to drive transformative technologies using renewable fuels such as hydrogen, renewable propane + DME, renewable natural gas, biodiesel, and renewable diesel. The company offers cost-effective power generation and EV charging solutions that enhance energy resilience while ensuring energy equity. About Mullen Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. 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 U.S. The Company has also recently expanded its commercial dealer network to seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England and Mid-Atlantic markets. On Sept. 7, 2022, Bollinger Motors, of Oak Park, Michigan, became a majority-owned EV truck company of Mullen Automotive. Bollinger Motors has achieved numerous milestones including its all-electric B4, Class 4, truck production start, which launched on Sept. 16, 2024, and the development of a world-class dealer and service network with over 50 locations across the United States. To learn more about the Company, visit www.MullenUSA.com. Mullen Forward-Looking Statements Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and Bollinger Motors and are difficult to predict. Examples of such risks and uncertainties include whether the upfitted Bollinger B4 will be available for display at the ACT Expo as contemplated; whether the partnership with EnviroCharge will prove successful; how long state and federal electric vehicle incentive programs will continue to apply; the ability of Bollinger Motors’ B4 Class trucks to qualify for such incentive programs; and the impact of incentive programs on the resultant price of the Bollinger B4 Class trucks. Additional examples of such risks and uncertainties include but are not limited to: (i) Mullen and Bollinger Motors' ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Mullen and Bollinger Motors' ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Mullen and Bollinger Motors' ability to successfully expand in existing markets and enter new markets; (iv) Mullen and Bollinger Motors' ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Mullen and Bollinger Motors' business; (viii) changes in government licensing and regulation that may adversely affect Mullen and Bollinger Motors' business; (ix) the risk that changes in consumer behavior could adversely affect Mullen and Bollinger Motors' business; (x) Mullen and Bollinger Motors' ability to protect its intellectual property; (xi) the vehicles developed will perform as expected and (xii) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Mullen Automotive, Inc., of which Bollinger Motors is a partially owned subsidiary, with the Securities and Exchange Commission. Mullen and Bollinger Motors anticipate that subsequent events and developments may cause the Company’s plans, intentions and expectations to change. Mullen and Bollinger Motors assume no obligation, and specifically disclaim any intention or obligation, to update any forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen and Bollinger Motors' plans and expectations as of any subsequent date. Bollinger Media Contact:Mike DeVilling(248) 875-4207,mdevilling@westshorepr.com Contact:Mullen Automotive, Inc.+1 (714) 613-1900www.MullenUSA.com Corporate Communications:IBNAustin, Texaswww.InvestorBrandNetwork.com512.354.7000 OfficeEditor@InvestorBrandNetwork.com Mullen Automotive Subsidiary, Bollinger Motors, Delivers First Class 4 Electric Truck Order to EnviroCharge Mullen Automotive Subsidiary, Bollinger Motors, Delivers First Class 4 Electric Truck Order to Envir... Bollinger B4 truck.

Mullen Automotive Subsidiary, Bollinger Motors, Delivers First Class 4 Electric Truck Order to EnviroCharge

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