Mullen Automotive announced Bollinger Motors received final approval from the state of Michigan for a $3 million grant aimed at promoting job creation in the state. In a unanimous decision, the Michigan Strategic Fund Board approved the incentive through the Michigan Business Development Program.
The grant funds will be distributed to the company as they reach job creation milestones over the next five years and the award also includes access to an estimated $2 million in talent services and training support through Oakland County Michigan Works.
“I applaud the Michigan Strategic Fund’s approval of a job creation grant for Bollinger Motors,” State Representative Natalie Price (D-5th District), said. “Not only will this grant help create hundreds of jobs in Oak Park, but it will continue to spur innovation in the electric vehicle market.”
Mullen said the company anticipates deliveries of its first vehicle, the Bollinger B4 chassis cab, to begin in July 2024 and is expected to be eligible nationwide for a federal purchasing incentive of 30% of the cost of the vehicle, up to a total of $40,000, through the Inflation Reduction Act of 2022.