Mullen Announces Its Subsidiary, Bollinger Motors, Has Entered Into An Agreement For Amerit To Provide Mobile Service And Maintenance To Bollinger's Commercial Fleet Customers.
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Mullen Automotive, Inc. (NASDAQ: MULN) announces its subsidiary, Bollinger Motors, has partnered with Amerit Fleet Solutions to provide mobile service and maintenance for Bollinger's commercial EV fleet customers. The agreement covers EV service and warranty support for the Bollinger B4 and future vehicles in key states. Amerit will offer maintenance and repair services outside Bollinger's authorized dealer service areas, enhancing nationwide coverage and fleet efficiency. This partnership follows Bollinger Motors' recent strategic moves, including partnerships for battery supply and vehicle assembly, expansion of its dealer network, and qualification for federal clean vehicle tax credits.
May 07, 2024 | 1:20 pm
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Mullen Automotive's subsidiary, Bollinger Motors, partners with Amerit Fleet Solutions for nationwide EV service, enhancing its commercial fleet offerings and service network.
The partnership with Amerit Fleet Solutions is likely to have a positive short-term impact on Mullen Automotive's stock (MULN) by enhancing Bollinger Motors' service offerings and potentially increasing the attractiveness of its EVs to commercial fleet customers. This strategic move, coupled with recent expansions and qualifications for federal tax credits, signals strong growth prospects and operational enhancements for Bollinger Motors, which could boost investor confidence in MULN.
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