Mullen Subsidiary, Bollinger Motors, Announces Follow-on Order from TEC Equipment for Seven All-Electric Bollinger B4 Trucks
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Bollinger Motors, a subsidiary of Mullen, has announced a follow-on order from TEC Equipment for seven all-electric Bollinger B4 trucks. The payment for these trucks has been received in full, allowing for immediate revenue recognition.
December 03, 2024 | 2:30 pm
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Mullen's subsidiary, Bollinger Motors, has secured a follow-on order for seven all-electric B4 trucks from TEC Equipment, with full payment received, leading to immediate revenue recognition.
The follow-on order and full payment for the Bollinger B4 trucks provide immediate revenue recognition for Mullen, which is likely to positively impact its short-term financial performance. This development highlights the demand for Mullen's electric vehicles and strengthens its market position.
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