Mullen Automotive, Inc., an emerging electric vehicle manufacturer, announce July 26 that Bollinger Motors received final approval from the state of Michigan for a $3 million grant aimed at promoting job creation in the state. In a unanimous decision, the Michigan Strategic Fund Board approved the incentive through the Michigan Business Development Program.
“Bollinger Motors is poised for growth and we’re proud to be focused on expanding our company’s operations as we approach start-of-production,” said Robert Bollinger, founder and CEO of Bollinger Motors. “I appreciate Michigan’s faith in our plan and our product as we seek to electrify America’s fleets.”
The grant funds will be distributed to the company as they reach job creation milestones over the next five years. The award also includes access to an estimated $2 million in talent services and training support through Oakland County Michigan Works!
The company anticipates deliveries of its first vehicle, the Bollinger B4 chassis cab, to begin in July 2024 and are expected to be eligible nationwide for a federal purchasing incentive of 30% of the cost of the vehicle, up to a total $40,000, through the Inflation Reduction Act of 2022.
“We are thrilled to begin this next chapter of Team Michigan’s partnership with Bollinger as we continue to position Michigan as the undisputed leader in vehicle electrification and future mobility,” said Quentin L. Messer Jr., CEO of the Michigan Economic Development Corporation and president and chair of the Michigan Strategic Fund. “This project is a win for Southeast Michigan and the entire state.”
“I applaud the Michigan Strategic Fund’s approval of a job creation grant for Bollinger Motors,” said State Rep. Natalie Price, D-5th District. “Not only will this grant help create hundreds of jobs in Oak Park, but it will continue to spur innovation in the electric vehicle market, leading us all towards a clean energy future.”
The award followed a series of announcements in recent months illustrating the company’s commitment to the region, including partnerships with Our Next Energy in Troy, MI, to supply the company with batteries and related components and Roush Industries in Livonia, MI, to manage vehicle assembly operations.
Source: Mullen Automotive