Remeber Bollinger Motors? The final time we checked in on the EV startup, it was submitting a lawsuit in opposition to UK-based Munro for patent infringement. Previous to that, the corporate determined to step away from plans to construct its blocky B1 SUV and B2 pickup in favor of a massive industrial car referred to as the B4. Now, that every one might be coming to an finish.

The corporate is reportedly in receivership pending liquidation, in accordance with Automotive Information. The corporate’s founder and former CEO Robert Bollinger filed a lawsuit on March 21 claiming he was owed $10 million. Bollinger stepped away from the corporate in June 2024; it is presently owned by California-based Mullen Automotive Inc.

The lawsuit claims Bollinger issued a $10 million mortgage to the corporate that required periodic curiosity funds, and people fee phrases have not been met. Automotive Information experiences Bollinger requested the corporate be put into receivership to safe all its property, which had been collateral for the mortgage. Apparently, representatives for Mullen did not present as much as a Could 7 court docket listening to on the matter, so the decide granted the receivership request.

Which means all of Bollinger Motors’ property are actually frozen, together with an unknown variety of B4 vehicles assembled and awaiting patrons. Moreover, Robert Bollinger apparently is not the one one taking authorized motion within the matter. Automotive Information claims at the least two different lawsuits involving suppliers are additionally within the combine. The appointed receiver has 30 days from the date of the ruling to submit a plan for Bollinger Motors to pay its money owed, which might embrace a full liquidation of the corporate.

In an e mail to Motor1, Bollinger Motors President and CEO Bryan Chambers supplied the next assertion:

“We are able to’t touch upon the end result of the court docket case right now. Throughout this era, we’re centered on shifting ahead and stay dedicated to bringing our clients a world-class car, and we stay optimistic about our future and the affect we can have on the industrial car market.”

“We proceed to work with our sellers to promote and repair the Bollinger B4. Now we have briefly paused manufacturing as we modify to present market situations and plan for Mannequin Yr 2026 manufacturing.”

A fast verify of Bollinger Motors’ web site exhibits a press launch from April 29 asserting a Bollinger B4 sale to the Decrease East Aspect Ecology Heart in New York. One other press launch states “a number of” Bollinger B4 gross sales to EnviroCharge on April 15, with the primary slated to seem on the Superior Clear Trucking (ACT) Expo in California beginning April 28. It is unclear if the truck was there.