Bollinger is granted USD3m by the state of Michigan over next five years
By Bradley Osborne - 4th August 2023
USA – Bollinger Motors Inc, a subsidiary of Mullen Automotive Inc based in Oak Park, Michigan, has received final approval from the state of Michigan for a USD3m grant to be paid over the next five years.
The money was awarded through the “Michigan Business Development Program” with the aim of promoting job creation in the state. The funds will be paid in instalments as the company hits certain job growth milestones. Moreover, Bollinger may draw on an additional USD2m towards talent services and training support.
Quentin L Messer Jr, CEO of the Michigan Economic Development Corporation and Chairman of the Michigan Strategic Fund, said the grant was part of the state’s effort towards positioning Michigan as “the undisputed leader in vehicle electrification and future mobility”.
