Latest news with #RobertBollinger
Scottish Sun
5 days ago
- Automotive
- Scottish Sun
Major EV car brand is ‘saved from brink of collapse' in rescue deal weeks after firm had ‘all assets frozen'
The company was sued by its founder and former CEO CHARGED UP Major EV car brand is 'saved from brink of collapse' in rescue deal weeks after firm had 'all assets frozen' A MAJOR electric vehicle manufacturer has been reportedly been saved from brink of collapse. The company recently had its assets frozen after a court case left it in debt. 2 Mullen Automotive acquired the company, resolving its debt Credit: Alamy Bollinger Motors was founded in 2014 and quickly gained attention with their blocky, pickup truck style electric vehicles. Several weeks ago the company landed in hot water after it became the subject of several lawsuits. As a result, the company's assets were frozen and it was left struggling to resolve its debts. On June 4, Mullen Automotive announced that they had acquired the company, helping to resolve its ongoing financial issues. Motor1 reported that Mullen Automotive acquired an additional 21 per cent of the foundering company, taking its total ownership to 95 per cent. The new owners have said they will still maintain "its own brand identity and focus." In a statement about the acquisition, Mullen Automotive said it has "resolved recent claims and debt that had led to a court-ordered receivership for Bollinger." It meant that the court had discharged and removed the receivership, in addition to dismissing the case. The resolution of its legal battles means the company is back to "business as usual," including sales, services and warranty coverage. The company finances hit a rough patch earlier this year when its founder and former CEO Robert Bollinger filed a lawsuit claiming he was owed $10 million. The first-ever all-electric MINI JCW Aceman The lawsuit, filed in March 2025, claimed that the $10 million loan he had given to the company required periodic interest payments. Its assets were frozen on May 7 when the company went into receivership at Robert's request. During the receivership, the company still managed to sell and deliver trucks to customers. Following the lawsuit, several other companies sued the EV producer, alleging unpaid bills and broken contracts. Now that these lawsuits have been resolved, the company can continue developing its B4 chassis cab - an EV commercial truck. The additional resources brought by Mullen's acquisition should speed up this development process. 2 Bollinger was suffering financial troubles after several lawsuits Credit: Wikipedia Bollinger previously launched a legal battle against Munro Vehicles after it launched its off-roader in December 2023. They accused Munro of trademark and patent infringement, claiming its MK-1 was too similar to designs for vehicles Bollinger planned to launch. The lawsuit also claimed that product designer Ross Compton, who moved from Bollinger to Munro, had violated a nondisclosure agreement by referring to confidential Bollinger files, with Munro's awareness, while designing Munro products. These legal proceedings are still underway.
The Sun
5 days ago
- Automotive
- The Sun
Major EV car brand is ‘saved from brink of collapse' in rescue deal weeks after firm had ‘all assets frozen'
A MAJOR electric vehicle manufacturer has been reportedly been saved from brink of collapse. The company recently had its assets frozen after a court case left it in debt. Bollinger Motors was founded in 2014 and quickly gained attention with their blocky, pickup truck style electric vehicles. Several weeks ago the company landed in hot water after it became the subject of several lawsuits. As a result, the company's assets were frozen and it was left struggling to resolve its debts. On June 4, Mullen Automotive announced that they had acquired the company, helping to resolve its ongoing financial issues. Motor1 reported that Mullen Automotive acquired an additional 21 per cent of the foundering company, taking its total ownership to 95 per cent. The new owners have said they will still maintain "its own brand identity and focus." In a statement about the acquisition, Mullen Automotive said it has "resolved recent claims and debt that had led to a court-ordered receivership for Bollinger." It meant that the court had discharged and removed the receivership, in addition to dismissing the case. The resolution of its legal battles means the company is back to "business as usual," including sales, services and warranty coverage. The company finances hit a rough patch earlier this year when its founder and former CEO Robert Bollinger filed a lawsuit claiming he was owed $10 million. The lawsuit, filed in March 2025, claimed that the $10 million loan he had given to the company required periodic interest payments. Its assets were frozen on May 7 when the company went into receivership at Robert's request. During the receivership, the company still managed to sell and deliver trucks to customers. Following the lawsuit, several other companies sued the EV producer, alleging unpaid bills and broken contracts. Now that these lawsuits have been resolved, the company can continue developing its B4 chassis cab - an EV commercial truck. The additional resources brought by Mullen's acquisition should speed up this development process. 2 Bollinger previously launched a legal battle against Munro Vehicles after it launched its off-roader in December 2023. They accused Munro of trademark and patent infringement, claiming its MK-1 was too similar to designs for vehicles Bollinger planned to launch. The lawsuit also claimed that product designer Ross Compton, who moved from Bollinger to Munro, had violated a nondisclosure agreement by referring to confidential Bollinger files, with Munro's awareness, while designing Munro products. These legal proceedings are still underway.
Motor 1
6 days ago
- Automotive
- Motor 1
Bollinger Motors Has Been Saved From the Brink of Death
Bollinger Motors has been saved. Mullen Automotive has acquired an additional 21 percent of the company, bringing its total ownership to 95 percent. Despite having complete control over Bollinger, Mullen said the automaker will maintain 'its own brand identity and focus.' Bollinger reportedly went into receivership earlier this year after company founder and former CEO Robert Bollinger sued the automaker, who left in 2024. He claimed Bollinger Motors owed him $10 million, but all that should be in the company's past. According to Mullen announcing the acquisition, it has 'resolved recent claims and debt that had led to a court-ordered receivership for Bollinger.' The court has discharged and removed the receiver and dismissed the case, Mullen says. Bollinger customers should expect 'business as usual,' which includes sales, services, and warranty coverage. The company will continue to develop the B4 chassis cab , its all-electric Class 4 commercial truck. Bollinger will utilize Mullen's resources to accelerate development and integrate the B4 into Mullen's EV ecosystem. Bollinger was founded in 2015 with initial plans to develop a mid-size electric pickup and an SUV. However, the B1 and B2 never entered production, and the company shifted focus to an electric commercial truck. Production for that began last September. More Cheap EVs Fiat's First Three-Wheel EV Is This Super Cute Delivery Truck Opinion: I Love and Loathe Bezos's Cheap Pickup Truck Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Source: Mullen Automotive Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Scottish Sun
15-05-2025
- Automotive
- Scottish Sun
Electric car brand ‘on brink of collapse' with ‘all assets frozen' – months after suing British EV firm
Bollinger Motors President and CEO Bryan Chambers has issued a statement about the future of the company NO CHARGE Electric car brand 'on brink of collapse' with 'all assets frozen' – months after suing British EV firm Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) AN ELECTRIC car brand is on the "brink of collapse" with "all assets frozen" after suing another EV firm. The start-up is recognisable for its big blocky motors, but they may be on their way out. Sign up for Scottish Sun newsletter Sign up 3 Bollinger Motors produces a range of electric vehicles Credit: Alamy 3 The company is currently embroiled in a major lawsuit Credit: Getty Images Michigan-based manufacturer, Bollinger Motors, was founded in 2014 and quickly gained traction. Its chunky B1 SUV and B2 pickup truck showcased minimalist designs and robust features - and both were completely electric. The company's founder and former CEO Robert Bollinger filed a lawsuit in March, in which he claimed he was owed an eyewatering $10 million. Robert had taken a step back from the company in June 2024, handing over the reins to California-based company Mullen Automotive Inc. According to Robert's lawsuit, he issued a $10 million loan to the company which required periodic interest payments. He is now claiming that those payment terms haven't been met. According to Automotive News, the former CEO had requested that the company would be placed into receivership to secure all of its assets - which were used as collateral for the loan. On May 7, that request was granted. However, this means that Bollinger Motor's assets - including an unknown number of B4 trucks - are frozen. The legal storm didn't just stop with Robert Bollinger's lawsuit and at least two other suppliers have also taken Bollinger Motors to court, alleging unpaid bills and broken contracts. Dogs prefer EVs to fuel-powered cars with heart rates revealing exactly how your pet feels on drive, study shows_1 Now Bollinger Motors is now under the control of a court-appointed receiver. This receiver has a tight 30-day window to come up with a plan to pay off the company's debts. If the money isn't transferred over, then according to it could seal the fate of the startup. Bollinger Motors President and CEO Bryan Chambers told Motor1: "We can't comment on the outcome of the court case at this time. "During this period, we are focused on moving forward and remain committed to bringing our customers a world-class vehicle, and we remain optimistic about our future and the impact we will have on the commercial vehicle market. 'We continue to work with our dealers to sell and service the Bollinger B4. "We have temporarily paused production as we adjust to current market conditions and plan for Model Year 2026 production.' This isn't the only battle Bollinger Motors has been in. Previously, the EV company battled Scottish electric car maker Munro Vehicles after it launched its off-roader in December 2023. Bollinger alleged that the Munro MK-1 is too similar to designs for vehicles they intended to launch and accused Munro of trademark and patent infringement. They also claimed that Munro's designer Ross Compton - who formerly worked with Bollinger - violated a nondisclosure agreement by referring to confidential Bollinger files, with Munro's awareness, while designing Munro products. Munro said they will "robustly defend" their position and insist their electric vehicle has an "unique design." Bollinger Motors sought a preliminary and permanent injunction to prevent Munro from, as it sees it, infringing on Bollinger's trademark designs, and for Munro to immediately cease using direct and indirect knowledge of Bollinger's designs for professional gain. The company also sought reimbursement of all fees related to the lawsuit, profits relating to the vehicle in question and a judgment of damages. As of now, the legal proceedings are ongoing, with both parties preparing to present their cases in court. Bryan Chambers, President and CEO of Bollinger Motors, said: "We can't comment on the outcome of the court case at this time. "During this period, we are focused on moving forward and remain committed to bringing our customers a world-class vehicle, and we remain optimistic about our future and the impact we will have on the commercial vehicle market. "During receivership we are still selling and delivering trucks to customers."
The Sun
15-05-2025
- Automotive
- The Sun
Electric car brand ‘on brink of collapse' with ‘all assets frozen' – months after suing British EV firm
AN ELECTRIC car brand is on the "brink of collapse" with "all assets frozen" after suing another EV firm. The start-up is recognisable for its big blocky motors, but they may be on their way out. 3 3 Michigan -based manufacturer, Bollinger Motors, was founded in 2014 and quickly gained traction. Its chunky B1 SUV and B2 pickup truck showcased minimalist designs and robust features - and both were completely electric. The company's founder and former CEO Robert Bollinger filed a lawsuit in March, in which he claimed he was owed an eyewatering $10 million. Robert had taken a step back from the company in June 2024, handing over the reins to California -based company Mullen Automotive Inc. According to Robert's lawsuit, he issued a $10 million loan to the company which required periodic interest payments. He is now claiming that those payment terms haven't been met. According to Automotive News, the former CEO had requested that the company would be placed into receivership to secure all of its assets - which were used as collateral for the loan. On May 7, that request was granted. However, this means that Bollinger Motor's assets - including an unknown number of B4 trucks - are frozen. The legal storm didn't just stop with Robert Bollinger's lawsuit and at least two other suppliers have also taken Bollinger Motors to court, alleging unpaid bills and broken contracts. Dogs prefer EVs to fuel-powered cars with heart rates revealing exactly how your pet feels on drive, study shows_1 Now Bollinger Motors is now under the control of a court-appointed receiver. This receiver has a tight 30-day window to come up with a plan to pay off the company's debts. If the money isn't transferred over, then according to it could seal the fate of the startup. Bollinger Motors President and CEO Bryan Chambers told Motor1: "We can't comment on the outcome of the court case at this time. "During this period, we are focused on moving forward and remain committed to bringing our customers a world-class vehicle, and we remain optimistic about our future and the impact we will have on the commercial vehicle market. 'We continue to work with our dealers to sell and service the Bollinger B4. "We have temporarily paused production as we adjust to current market conditions and plan for Model Year 2026 production.' This isn't the only battle Bollinger Motors has been in. Previously, the EV company battled Scottish electric car maker Munro Vehicles after it launched its off-roader in December 2023. Bollinger alleged that the Munro MK-1 is too similar to designs for vehicles they intended to launch and accused Munro of trademark and patent infringement. They also claimed that Munro's designer Ross Compton - who formerly worked with Bollinger - violated a nondisclosure agreement by referring to confidential Bollinger files, with Munro's awareness, while designing Munro products. Munro said they will "robustly defend" their position and insist their electric vehicle has an "unique design." Bollinger Motors sought a preliminary and permanent injunction to prevent Munro from, as it sees it, infringing on Bollinger's trademark designs, and for Munro to immediately cease using direct and indirect knowledge of Bollinger's designs for professional gain. The company also sought reimbursement of all fees related to the lawsuit, profits relating to the vehicle in question and a judgment of damages. As of now, the legal proceedings are ongoing, with both parties preparing to present their cases in court. Bryan Chambers, President and CEO of Bollinger Motors, said: "We can't comment on the outcome of the court case at this time. "During this period, we are focused on moving forward and remain committed to bringing our customers a world-class vehicle, and we remain optimistic about our future and the impact we will have on the commercial vehicle market. "During receivership we are still selling and delivering trucks to customers." 3
