Mullen acquires 60% stake in Bollinger for $148M
Mullen Automotive Inc. acquired a controlling interest in fellow electric vehicle manufacturer Bollinger Motors, of Oak Park, Mich. Mullen, headquartered in Brea, Calif., bought a 60 percent stake in Bollinger for $148.2 million, the company said Thursday. The deal marks Mullen’s first foray into the electric truck market, with Bollinger Motors introducing both electric SUVs […]
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