California Issues HVIP Approval, Granting Bollinger Motors, Class 4 EV Truck a $60,000 Cash Voucher Per Vehicle Sold
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Bollinger Motors' Class 4 electric truck, the Bollinger B4, has been approved for California's HVIP, granting a $60,000 cash voucher per vehicle sold. Combined with a $40,000 federal tax credit, the truck's net cost could be under $60,000.
November 18, 2024 | 2:45 pm
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Bollinger Motors, a subsidiary of Mullen Automotive (MULN), has received HVIP approval for its B4 electric truck, offering a $60,000 voucher per vehicle. This could significantly boost sales and market competitiveness.
The HVIP approval for Bollinger Motors' B4 truck, a subsidiary of Mullen Automotive, provides a substantial financial incentive that could enhance sales and market position. The combined state and federal incentives make the truck more affordable, likely increasing demand.
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