Bollinger Is Selling Off Its Last 20 Trucks As EV Startup Failed

The modern age of electric cars has seen the birth of a few new brands, such as Rivian and Lucid, but many more came before and failed. One is Bollinger Motors, a small company that had planned to build a pair of utilitarian electric off-roaders and a delivery truck.

Bollinger formally amalgamated with California-based Mullen Automotive last year after having trouble getting off the ground, but it seems that this was insufficient to preserve it. Bollinger’s assets were recently ordered to be auctioned off by a US court due to the company’s failure to pay multiple vendors.

An online auction will be used to sell important Bollinger manufacturing equipment. This will comprise vehicle lifts and tools, as well as battery testing and validation technologies utilized by the automaker. More significantly, in addition to other cars, shop supplies, and inventory, 20 Bollinger B4 Class 4 electric trucks, which had a list price of around $160,000, will be available.

A Tale Of Troubles

Not only is Bollinger being forced to liquidate its assets, but the company is also being investigated by the Department of Labor and Economic Opportunity following dozens of complaints about unpaid wages or benefits.

The Michigan Economic Development Corp. is also requesting reimbursement of almost $1 million of a $3 million grant that was given to the business in 2023, according to Crain’s Detroit. Bollinger promised to generate 237 jobs in Detroit and invest $44 million in the state at the time.

But Bollinger might not be gone forever. Robert Bollinger, the company’s founder and former CEO, repurchased the original B1 and B2 electric off-roaders’ intellectual property and prototypes last month for less than $250,000. After an Ohio judge placed the business under receivership, he was able to repurchase these significant assets. Robert Bollinger recently told The Detroit News that he thinks there is a gap in the EV market for cars like the B1 and B2; however, it’s unclear if he intends to try to bring them back.

• Also See: Bollinger Unveils Hummer-style Electric B1 SUV And B2 Pick-up Truck (Photos)