Mullen Automotive Inc. Rebrands as Bollinger Innovations to Streamline Operations and Focus on EV Growth

Mullen Automotive Inc. (NASDAQ: MULN), an emerging player in the electric vehicle (EV) manufacturing sector, has announced its rebranding to Bollinger Innovations, with plans to change its NASDAQ ticker symbol by August 15, 2025. This strategic move includes consolidating operations under the Bollinger brand, relocating commercial vehicle functions to Oak Park, Michigan, and unifying sales, marketing, and service divisions to streamline operations and reduce costs.

Since January, the company has undertaken significant cost-cutting measures, including the elimination of 155 positions and a reduction in annual operating expenses by at least $35 million. These efforts are aimed at improving fiscal efficiency while advancing the development of Class 1, 3, and 4 commercial EVs. Among the vehicles in focus are the Mullen ONE and THREE, along with the Bollinger B4, which features a 7,325-lb payload capacity and a 185-mile range. Company executives are optimistic about securing substantial sales orders in the current fiscal quarter.

For more details on the announcement, visit https://ibn.fm/19VnZ.