Electric vehicle (EV) startup Bollinger has announced it is postponing development of the B1 electric SUV and B2 electric pickup truck.
The company will instead “shift focus to commercial trucks and fleets.”
B1 and B2 postponed while we shift focus to commercial trucks and fleets.
This enables us to continue the development of our technology, and to make a real impact in the green future of automotive. Thank you so much for your support over the years.
There's so much more to come.
— Bollinger Motors (@bollingermotors) January 14, 2022
With the shift, the company also committed to refunding customers who have placed a deposit on the B1 and B2.
In an interview with Automotive News, CEO Robert Bollinger said that will amount to about $1 million.
The decision to pivot to commercial EV development arose from the high level of interest the company was seeing in the market.
In a video posted to YouTube following the announcement, Bollinger called the shift “vitally important” for the company.
“This is a vitally important move for us because it enables us to continue our development of our technology and make a real impact in the green future of automotive.”
Bollinger will now focus on developing Class 3 to Class 6 electric trucks. They were chosen because the similarities in their platforms, allowing them share components between them.
You can watch Bollinger’s video below.
Source: Automotive News