Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower on Wednesday. The company disclosed that its subsidiary, Bollinger Motors, has appointed Bergey's Truck Centers as an official dealer.

This partnership expands Bollinger's commercial sales and service network into Delaware, Maryland, New Jersey, and Pennsylvania, increasing its national dealer network to over 50 locations.

Bollinger has also fulfilled and received payment for Bergey's initial order of all-electric B4 Trucks.

Jim Connelly, chief revenue officer for Bollinger Motors, said, "We're thrilled to partner with Bergey's Truck Centers as we expand into the mid-Atlantic region—an important milestone in Bollinger Motors' strategic growth plan."

"Bergey's is a leader in the East Coast market and shares Bollinger Motors' vision for a sustainable, electrified future."

This week, Bollinger Motors partnered with Broadway Ford Truck Center to expand EV presence in the Midwest.

Last month, the company announced that the Bollinger Motors 2025 Bollinger B4 truck qualified for California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).

Under HVIP, the 2025 Bollinger B4 EV truck, with a suggested MSRP of $158,758, now qualifies for up to a $60,000 cash voucher. When added to the available $40,000 federal tax credit, the net effective cost of the B4 could be less than $59,000.

Price Action: MULN shares are down 0.82% at $1.805 at the last check Wednesday.

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