Bollinger Motors shuts down amid financial woes

Bollinger is also evaluating potential dealer-driven programs relating to parts and vehicle purchases and may provide further updates as these initiatives develop, according to the filing.

The closure of Bollinger Motors was announced to employees through an internal email from the company’s human resources director, Helen Watson, obtained by the Detroit Free Press. Watson wrote: “We received word late last night that the day has arrived. We are to officially close the doors of Bollinger Motors, effective today, Nov. 21, 2025.” Watson indicated that David Michery, CEO of parent company Bollinger Innovations, would attempt to make employees “whole with regard to the remaining monies” from missed payrolls.

Bollinger Motors’ payroll issues were further highlighted in an Oct. 31 email sent by Walter Collins, chief operating officer of Bollinger Motors, who wrote, “Unfortunately, we could not process this week’s payroll on schedule due to a delay in receiving the expected funds.” The lack of payment led employees to file 70 claims with the Michigan Department of Labor and Economic Opportunity, according to Luke Ramseth of The Detroit News.

The shutdown caps a turbulent year for the manufacturer, which had positioned itself as building “the most bad-ass electric commercial trucks on the planet.” In May 2025, Bollinger was placed into receivership following a legal dispute with founder Robert Bollinger over unpaid compensation and financial control. Though the company exited receivership in June under the leadership of Mullen Automotive, which held approximately a 95% controlling stake, financial pressures intensified through the latter half of the year.

The company had pivoted from its original focus on consumer-oriented vehicles to commercial electric vehicles in recent years. Jim Connolly, who served as chief revenue officer at Bollinger, explained the strategic shift in a podcast interview with FreightWaves earlier this year: “We started with Robert Bollinger with a B1, B2, which if you look online, it’s kind of an SUV. And so we were developing that product, saw a hole in the commercial market in the class 4, 5 space, and we pivoted over to commercial about three years ago.”

The closure comes amid broader consolidation in the EV space. In June 2025, Mullen Automotive rebranded as Bollinger Innovations and consolidated operations under the Bollinger name. Bollinger Innovations delisted from Nasdaq in October after dropping below the $1-per-share threshold, following at least six reverse stock splits in the preceding 12 months.

Bollinger’s failure raises questions about the future of its intellectual property and assets, including designs for the B4 chassis cab truck that was available for order at the time of closure, as well as planned B5 and B6 models that were slated for future release. The company had established manufacturing relationships with Roush Industries in Livonia, which it had terminated in September amid cost-cutting measures. The company had recently announced plans to move production to a facility in Tunica, Mississippi.