Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower on Friday. The company partnered with National Auto Fleet Group (NAFG) to sell its all-electric Class 4 Bollinger B4 commercial trucks to government agencies.

The Bollinger B4 Chassis Cab, a fully electric Class 4 commercial truck, offers a range of 185 miles and a payload capacity of 7,394 pounds.

The Bollinger B4 is ideal for commercial, government, and municipal fleets seeking a versatile, high-performance truck for a variety of tasks.

Bollinger CRO Jim Connelly said, "Government agencies and municipalities are often early adopters for electrification and electric vehicle fleets. We look forward to partnering with NAFG, and their history of bringing innovative products and solutions to this important segment."

Mullen announced its Class 1 EV cargo van, the Mullen ONE, is available for rent on Turo, a vehicle-sharing marketplace. The effort is in collaboration with Parasol Strategic Solutions, a high-level Turo host based in Florida.

Last month, Bollinger Motors completed its first West Coast delivery of 2025 Bollinger B4 trucks worth ~$500K.

Also, Bollinger Motors completed its first customer delivery of the 2025 Bollinger B4 Chassis Cab, generating $800,000 in revenue for the original equipment manufacturer.

Price Action: Mullen Automotive shares are down 9.28% at $3.13, at the last check Friday.

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Image: Courtesy of Mullen Automotive