Mullen Announces Bollinger Motors First Commercial Dealership, LaFontaine Automotive Group With Two Locations In Lansing And Farmington Hills, Michigan
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive, Inc. (NASDAQ: MULN), an emerging electric vehicle manufacturer, announced that Bollinger Motors has named LaFontaine Automotive Group as its first authorized dealer for the Bollinger B4 Chassis Cab, an all-electric commercial truck. The dealerships are located in Lansing and Farmington Hills, Michigan. Deliveries of the B4 chassis cab are expected to begin in the second half of 2024. This partnership expands LaFontaine's portfolio to 54 retail franchises across 39 locations.
February 14, 2024 | 2:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Mullen Automotive announces its first commercial dealership for Bollinger Motors with LaFontaine Automotive Group in Michigan, with Bollinger B4 deliveries starting in H2 2024.
The announcement of Mullen Automotive's partnership with LaFontaine Automotive Group for its Bollinger Motors dealership is a significant step for MULN in commercializing its electric vehicle, the Bollinger B4 Chassis Cab. This move is likely to generate positive investor sentiment in the short term, as it demonstrates progress in Mullen's business strategy and expansion in the electric vehicle market. The anticipation of deliveries starting in the second half of 2024 also provides a clear timeline for investors, potentially increasing confidence in the company's operational capabilities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100