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Bollinger Innovations Inc's Business Segments
Bollinger Innovations Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q3 FY2025
Reportable Segments
2
Largest Segment
Bollinger Motors Segment
Total Revenue
$ 0
Regions Reported
-
Revenue Share by Reportable Segment - Q3 FY2025
- Bollinger Motors Segment56.2%
- Bollinger Commercial Segment43.7%
Revenue by Reportable Segment - Q3 FY2025
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Bollinger Motors Segment | $ 0 | 56.2% |
| Bollinger Commercial Segment | $ 0 | 43.7% |
Description of Bollinger Innovations Inc
Mullen Automotive Inc. is a Delaware corporation headquartered in Southern California that operates in the energy technology and automotive industries, specializing in electric vehicle technology. Founded in 2010, the company completed a reverse merger with Net Element, Inc. in 2021 and trades on Nasdaq under the ticker MULN. Mullen focuses on commercial electric vehicles, holding a 60% controlling interest in Bollinger Motors and acquiring assets of Electric Last Mile Solutions (ELMS), including a manufacturing facility in Mishawaka, Indiana. Its portfolio covers Class 1 to 6 commercial electric vehicles, with manufacturing locations in Tunica, Mississippi, and Mishawaka, Indiana, and contract manufacturing partnerships with Roush Enterprises for Class 4 trucks. The company also acquired Romeo Battery assets to support in-house battery module and pack production. Mullen emphasizes rapid market entry and low capital expenditure by utilizing engineering and tooling from other original equipment manufacturers. Its commercial vehicle offerings include the Class 1 Mullen ONE cargo van, intended for last-mile delivery and vocational service applications.
The registrant's reportable operating segments include Fleet and Commercial, encompassing Government, Commercial, and Lease/Rental sectors. The company focuses on establishing relationships with fleet operators to address market opportunities related to vehicle electrification. Fleet customers make purchase decisions based on cost and company strategies, differing from retail customers. The registrant offers a portfolio of commercial electric vehicles, including the Mullen Class 1 Cargo Van (Mullen ONE) with a 42 kWh battery and 110-mile range designed for last-mile delivery and vocational services; the Mullen Class 3 (Mullen THREE), a low cab forward electric vehicle featuring an 89 kWh battery, 120-mile range, and configurable cargo options; and the Bollinger B4 Chassis Cab, a 2025 model with a proprietary electric vehicle chassis, 15,500 pounds gross vehicle weight rating, over 7,325 pounds payload capacity, dual Our Next Energy (ONE) lithium iron phosphate battery packs providing an average range of 185 miles, and versatile upfit capabilities suitable for urban and semi-urban driving.