Newsworthy: Bollinger CARB Collaboration, Dealer Negotiations, and MULN Stock Updates
Bollinger Motors Achieves CARB Certification for Class 4 Electric Trucks
Bollinger Motors, the electric truck manufacturer, has recently achieved California Air Resources Board (CARB) certification for its all-electric B4 Class 4 trucks. This certification is a significant milestone for the company, as it allows Bollinger's Class 4 B4 Chassis Cab trucks to qualify for various state incentives, rebates, and preferential procurement policies aimed at accelerating zero-emission commercial vehicle adoption.
The CARB certification signifies compliance with the strict clean air emission standards set by the California Air Resources Board. This compliance is crucial for accessing state-level electric vehicle (EV) incentives, especially in California—the largest EV market in the U.S.—and other states that recognize CARB standards.
From a market penetration perspective, CARB certification enhances Bollinger’s credibility and acceptance among fleet operators and municipal customers who must comply with stringent emissions regulations. It positions their commercial EV lineup, including Class 1, 3, and 4 vehicles, for deployment in urban last-mile delivery, vocational upfitter, and municipal fleet segments where regulatory compliance and zero-emissions standards increasingly drive purchasing decisions.
In addition to the CARB certification, Bollinger Motors has partnered with Affinity Truck Center, a California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) certified dealership, to sell the Bollinger B4 Class 4 trucks in California's Central Valley. Affinity Truck Center, a family-owned business founded in 1980, has sales locations in Bakersfield and Fresno, and service locations in Paso Robles and Salinas, California. Kim Mesfin, Affinity president, is looking forward to bringing the Bollinger B4 to their customers.
The partnership with TCD also strengthens TCD's vehicle portfolio and enhances its Vehicle-to-Grid (V2G) and Vehicle-to-Building (V2B) technology offerings. TCD will leverage the Bollinger B4 electric truck to stimulate sales across various industries, including Commercial & Industrial, Telecom, and Utility sectors.
Bollinger Motors' recent milestones include the addition of TEC Equipment to Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine Automotive Group as dealers and service centers. The growing dealer network of over 50 locations nationwide facilitates sales and service coverage in key regional markets such as the West Coast, Midwest, and Northeast.
The HVIP project, combined with the B4's IRS rebate, can offer a rebate of up to $60,000, adding up to $100,000 in combined total savings for customers. The CARB certification also supports Bollinger’s expansion through its growing dealer network, facilitating sales and service coverage in key regional markets.
In summary, Bollinger’s CARB certification for their Class 4 electric trucks enables eligibility for critical state incentives, facilitates compliance with stringent emissions regulations, and supports broader market acceptance and penetration in commercial fleet segments across multiple U.S. regions.
- With the CARB certification, Bollinger Motors can invest in expanding its dealer network, aiming for a stronger presence in key regions like the West Coast, Midwest, and Northeast, facilitating sales and service of its electric vehicles.
- As Bollinger Motors' Class 4 electric trucks become eligible for various state incentives and rebates, the company can leverage its partnerships with dealerships such as Affinity Truck Center and TEC Equipment to offer significant savings to customers through programs like the HVIP project.
- By focusing on fleet management and electric-vehicle adoption, Bollinger Motors' compliance with strict clean air emissions standards can contribute to a more sustainable lifestyle and finance opportunities in the stock-market, particularly in the commercial vehicle sector.