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Another EV Startup Is on the Brink of Death

  • Bollinger Motors, an EV startup, is reportedly in receivership pending liquidation as its founder, Robert Bollinger, claims he is owed $10 million and filed a lawsuit against the company.
  • Assets of Bollinger Motors, including B4 trucks awaiting buyers, are now frozen after a court ruling granted the receivership request.
  • There are additional legal actions involved, with at least two lawsuits from suppliers also in the mix, and the appointed receiver has 30 days to submit a plan for the company to pay its debts.
  • The company's President and CEO remains optimistic about the future impact on the commercial vehicle market, mentioning plans for Model Year 2026 production, despite the current situation.

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