Mullen Automotive announces Bollinger Motors has received IRS approval as a “qualified manufacturer” for clean vehicle credits under the Inflation Reduction Act of 2022. This designation enables the Bollinger B4 chassis cab to qualify for the IRA’s new credit for qualified commercial clean vehicles, providing eligible purchasers a tax credit of up to $40,000 per vehicle. “Bollinger Motors is poised for growth and we’re ready to help electrify America’s fleets,” said Robert Bollinger, founder and CEO of Bollinger Motors. “These tax credits are an important incentive for our customers to replace their gas and diesel trucks and lower their total cost of ownership.” Businesses and tax-exempt organizations that buy a qualified commercial clean vehicle may qualify for a clean vehicle tax credit of up to $40,000 under Section 45W of the Internal Revenue Code. The company anticipates deliveries of the Bollinger B4 chassis cab to begin in the second half of 2024.
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