• Addition of Respected Commercial Dealer Group Increases Bollinger Motors' National Dealer Network to Over Fifty Locations

OAK PARK, Mich., Dec. 11, 2024 /PRNewswire/ -- Bollinger Motors, Inc., a commercial electric vehicle ("EV") manufacturer, has named Bergey's Truck Centers as an official Bollinger Motors dealer. Bergey's Truck Centers expands Bollinger Motors commercial sales and service network to Delaware, Maryland, New Jersey and Pennsylvania, and grows Bollinger's national dealer network to over 50 locations.

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.  

"We're thrilled to partner with Bergey's Truck Centers as we expand into the Mid-Atlantic region—an important milestone in Bollinger Motors' strategic growth plan," said Jim Connelly, Chief Revenue Officer for Bollinger Motors. "Bergey's is a leader in the East Coast market and shares Bollinger Motors' vision for a sustainable, electrified future."

Bergey's Truck Centers is a 100-year old, family-owned, commercial truck dealership and service center with 16 sales and service locations throughout the Mid-Atlantic. 

"We are proud to partner with Bollinger Motors as they bring their groundbreaking electric trucks to the Mid-Atlantic region," said Stephen Rybacki, Vice President of Medium Duty Truck Sales for Bergey's Truck Centers. "At Bergey's Truck Centers, we are committed to supporting innovative solutions that advance the commercial vehicle industry while meeting the evolving needs of our customers. The Bollinger B4 is an exciting new product that fills an important need for many of our customers. We're excited to play a role in their growth and look forward to contributing to a more sustainable future together."

Bollinger Motors has passed numerous milestones in the past several months, including:

• Its production launch on Sept. 16;
• Regulatory achievements including FMVSS compliance, receiving the Certificate of Conformity from the Environmental Protection Agency, and CARB certification;
• A 145-vehicle agreement with Momentum Group;
• A 70-vehicle agreement with Doering Fleet Management;
• A 50-vehicle agreement with EnviroCharge;
• The addition of Broadway Ford Truck Centers, Anderson Motors, TEC Equipment, Affinity Truck Center, Nacarato Truck Centers, and Nuss Truck & Equipment as dealers and service centers;
• Working with Our Next Energy in Novi, Michigan, to supply battery packs;
• Providing a full warranty coverage of the B4 chassis cab; and,
• Announcing Syncron as its warranty administration partner and Amerit Fleet Solutions as its mobile service provider.

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 developing all-electric commercial chassis cab trucks, Classes 4-6. 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 BERGEY'S TRUCK CENTERS
Bergey's Truck Centers is family owned and operated out of its headquarters in Souderton, Pennsylvania, and has been in business since 1924. Bergey's Truck Center's has a commercial truck footprint to include 26 locations including 16 truck centers, eight truck parts locations, and a parts warehouse. It is a certified dealership for Mack, Volvo, Hino, Isuzu, and Autocar commercial trucks as well as Wabash and Strick trailers. Bergey's also operates six commercial tire centers and ten automotive dealership locations, extending their commercial offerings to include automotive and light duty pick-up trucks and vans. Learn more about us at www.bergeystruckcenters.com.  

FORWARD-LOOKING STATEMENT
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 Bollinger Motors and are difficult to predict. Examples of such risks and uncertainties include: (a) Bollinger Motors' ability to finalize a sales agreement with Doering Fleet Management, EnviroCharge, and Momentum Groups and deliver purchased vehicles on schedule; (b) Bollinger Motors' continued partnership with Anderson Motors, Affinity Truck Center, Nacarato Truck Centers, TEC Equipment, and Nuss Truck & Equipment; (c) Bollinger Motors' continued partnership with Our Next Energy as a battery supplier; (d) Bollinger Motors' continued relationship with Syncron as its warranty administration provider; and (e) Bollinger Motors' continued relationship with Amerit Fleet Solutions as its mobile service provider.

Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Motors' ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Motors' ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Motors' ability to successfully expand in existing markets and enter new markets; (iv) 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 Bollinger Motors' business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Motors' business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Motors' business; (x) 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. Bollinger Motors anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Bollinger Motors assumes no obligation, and it specifically disclaims 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 Bollinger Motors' plans and expectations as of any subsequent date.