Remeber Bollinger Motors? The final time we checked in on the EV startup, it was submitting a lawsuit towards UK-based Munro for patent infringement. Previous to that, the corporate determined to step away from plans to construct its blocky B1 SUV and B2 pickup in favor of a big business car referred to as the B4. Now, that every one could possibly be coming to an finish.
The corporate is reportedly in receivership pending liquidation, based on Automotive Information. The corporate’s founder and former CEO Robert Bollinger filed a lawsuit on March 21 claiming he was owed $10 million. Bollinger stepped away from the corporate in June 2024; it is at the moment owned by California-based Mullen Automotive Inc.
The lawsuit claims Bollinger issued a $10 million mortgage to the corporate that required periodic curiosity funds, and people cost phrases have not been met. Automotive Information stories Bollinger requested the corporate be put into receivership to safe all its belongings, which had been collateral for the mortgage. Apparently, representatives for Mullen did not present as much as a Could 7 court docket listening to on the matter, so the choose granted the receivership request.
Which means all of Bollinger Motors’ belongings at the moment are frozen, together with an unknown variety of B4 vehicles assembled and awaiting consumers. Moreover, Robert Bollinger apparently is not the one one taking authorized motion within the matter. Automotive Information claims not less than two different lawsuits involving suppliers are additionally within the combine. The appointed receiver has 30 days from the date of the ruling to submit a plan for Bollinger Motors to pay its money owed, which might embody a full liquidation of the corporate.
In an electronic mail to Motor1, Bollinger Motors President and CEO Bryan Chambers offered the next assertion:
“We are able to’t touch upon the end result of the court docket case presently. Throughout this era, we’re targeted on transferring ahead and stay dedicated to bringing our prospects a world-class car, and we stay optimistic about our future and the impression we may have on the business car market.”
“We proceed to work with our sellers to promote and repair the Bollinger B4. We now have quickly paused manufacturing as we regulate to present market circumstances and plan for Mannequin 12 months 2026 manufacturing.”
A fast examine of Bollinger Motors’ web site exhibits a press launch from April 29 asserting a Bollinger B4 sale to the Decrease East Aspect Ecology Middle in New York. One other press launch states “a number of” Bollinger B4 gross sales to EnviroCharge on April 15, with the primary slated to seem on the Superior Clear Trucking (ACT) Expo in California beginning April 28. It is unclear if the truck was there.
