Bollinger Motors' Uphill Climb
Manage episode 491785350 series 3454750
The automotive industry has always been a battleground where dreams and capital collide - something startup EV manufacturer Bollinger Motors discovered firsthand. Beginning with prototype models B1 and B2, Bollinger's journey from ambitious newcomer to acquisition target illustrates the fundamental truth about automotive manufacturing: you need billions, not millions, and decades of commitment to make a meaningful impact.
After being acquired by Mullen Automotive, Bollinger's story took an unexpected turn. While most startups quickly burn through capital and disappear, Mullen boasts an extraordinary financial cushion - a mysterious benefactor investing $1.5 million weekly, allowing them to wait out current market challenges like Chinese tariff complications. This level of backing represents a rare exception in an industry that routinely crushes underfunded newcomers.
500 episodes