Mullen Automotive Highlights August as Key Month for Fleet Operators to Leverage EV Incentives

Mullen Automotive Inc. (NASDAQ: MULN), through its subsidiary Bollinger Motors, has pinpointed August as a pivotal month for fleet operators looking to benefit from substantial incentives aimed at commercial electric vehicles (EVs). The New York Truck Voucher Incentive Program (NYTVIP), which is expected to be replenished soon, offers point-of-sale vouchers of up to $144,000. This, combined with the federal 45W tax credit that provides up to $40,000 for Class 4 vehicles, offers considerable upfront savings for operators. With the federal credits set to expire after September 30, 2025, Bollinger Motors is urging interested parties to act quickly to capitalize on these opportunities.

The Bollinger B4, an all-electric Class 4 chassis cab, stands out as a prime candidate for these incentive programs. Engineered with a focus on performance, safety, and adaptability for urban fleet operations, the B4 is central to Mullen Automotive's strategy in the commercial EV sector. This development is part of Mullen Automotive's broader efforts to grow its commercial dealer network and secure necessary certifications and approvals, thereby increasing the attractiveness and availability of its EV offerings. For more information on the incentives and the Bollinger B4, visit https://ibn.fm/w74eC.