Bollinger Innovations, Inc. (NASDAQ: BINI), an electric vehicle manufacturer, today reported financial results for the three and nine months ended June 30, 2025, and provided a business update. The company, which unified its commercial EV brands under the Bollinger Innovations name in July, is now focusing on manufacturing, sales and service of commercial EV products.
Chairman and CEO David Michery announced a strategic shift of Bollinger B4 manufacturing from Roush Industries in Michigan to the company’s Tunica, Mississippi, commercial manufacturing center. This move is intended to reduce costs, streamline operations, consolidate production, and improve delivery efficiency. The Tunica facility already produces the ONE, a Class 1 EV cargo van, and the THREE, a Class 3 EV cab chassis truck, both available for sale in the U.S.
Bollinger Innovations’ commercial dealer network includes seven dealers such as Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets. Additionally, Bollinger Motors, of Oak Park, Michigan, an established EV truck company under Bollinger Innovations, has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a dealer network with over 50 locations across the United States.
The company’s financial results and strategic updates underscore its commitment to commercial EV production. The consolidation of manufacturing in Tunica is expected to enhance operational efficiency and cost-effectiveness. For more details, the full press release is available at https://ibn.fm/B67uP. Latest news and updates relating to BINI can be found in the company’s newsroom at https://ibn.fm/BINI.
This announcement is important as it signals Bollinger Innovations’ strategic realignment to improve competitiveness in the commercial EV market. By bringing B4 manufacturing in-house, the company aims to reduce dependency on third-party manufacturers and gain better control over production costs and timelines. This move could potentially enhance profit margins and delivery capabilities, positioning the company for growth in the rapidly expanding electric commercial vehicle sector.
