{"id":14163,"date":"2022-09-08T15:12:10","date_gmt":"2022-09-08T15:12:10","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/09\/08\/ev-startup-bollinger-acquired-by-mullen-automotive-for-148-2-million\/"},"modified":"2022-09-08T15:12:11","modified_gmt":"2022-09-08T15:12:11","slug":"ev-startup-bollinger-acquired-by-mullen-automotive-for-148-2-million","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/09\/08\/ev-startup-bollinger-acquired-by-mullen-automotive-for-148-2-million\/","title":{"rendered":"EV startup Bollinger acquired by Mullen Automotive for $148.2 million"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/9\/8\/23342674\/bollinger-mullen-ev-truck-acquisition-b1-b2<\/a>
\n
<\/br><\/code><\/p>\n

\n

Mullen Automotive has acquired a controlling stake in electric vehicle startup Bollinger Motors, buying up 60 percent of the struggling company\u2019s stock for $148.2 million, the companies announced Thursday<\/a>. <\/p>\n

Mullen said it will add Bollinger-designed medium-duty trucks and sport utility trucks to its inventory. The deal \u201cpositions Bollinger to capture the electric sport utility and commercial vehicle markets,\u201d the company added. <\/p>\n

Mullen is a relatively unknown Southern California electric vehicle manufacturer with the stated goal to build \u201cthe next-generation of premium electric vehicles that are affordable and built entirely in the United States.\u201d <\/p>\n

\n