Bollinger Innovations Soars 21.05% on Dealer Network Expansion

Bollinger Innovations (NASDAQ: BINI) has seen a significant rise of 21.05% in pre-market trading on September 3, 2025, marking a notable surge in investor interest and market sentiment.

Bollinger Motors has expanded its dealer network by adding Ziegler Truck Group and Range Truck Group as authorized dealers. This strategic move enhances Bollinger's commercial EV presence in the Upper Midwest and Pacific Northwest regions, covering Minnesota, Wisconsin, Iowa, and Washington. These dealers will offer Bollinger's complete commercial EV lineup, including the B4 chassis cab, Mullen ONE Class 1 EV cargo van, and Mullen THREE Class 3 EV chassis cab truck.

The partnership with Ziegler Truck Group and Range Truck Group brings a combined legacy of over 110 years in the equipment market, providing crucial expertise in fleet integration, government incentives, and capital planning. This collaboration is expected to accelerate the adoption of commercial EVs by leveraging the partners' established service capabilities and customer relationships.

Bollinger Innovations has also announced cost-cutting measures, including staff reductions and facility closures, to streamline operations and focus on generating increased commercial revenue. These initiatives aim to enhance the company's financial stability and operational efficiency, positioning it for sustained growth in the competitive EV market.