Bollinger Motors, the once-promising electric vehicle startup, is preparing to auction off its remaining assets after shutting down operations late last year, marking a final chapter for the company’s ambitious but unsuccessful run in the EV market.
We Think You'll Love These Collectible Cars For Sale:
1958 Chevrolet Del Ray
1973 Alfa Romeo
The liquidation follows a court ruling requiring the company to sell its holdings to address outstanding debts owed to suppliers and other creditors. Among the most notable items heading to auction are 20 electric Class 4 trucks, representing some of the few completed vehicles produced during Bollinger’s pivot to commercial manufacturing.
Founded in 2014, the company initially gained attention for its rugged, retro-styled electric trucks and SUVs designed for off-road use. Despite early enthusiasm and pre-order activity, those consumer-focused vehicles never reached production. In 2022, after Mullen Automotive acquired a controlling stake, Bollinger shifted its strategy toward commercial fleet vehicles in an effort to stabilize the business. That transition ultimately failed to generate enough momentum, and the company ceased operations in November.
The upcoming auction, managed by Michigan-based Maynard Industries, is scheduled for May 13 and will include hundreds of items. A total of 427 lots will be available, ranging from basic shop equipment to specialized tools such as high-voltage battery testing systems. The centerpiece of the sale is expected to be 17 production-ready B4 electric trucks, along with three additional units previously used for testing.
Not all company assets will be part of the sale. The intellectual property and prototypes tied to Bollinger’s earlier B1 and B2 models were acquired by founder and former CEO Mark Bollinger earlier this year.
Bidding for auction items will begin at just one dollar, though buyers should expect added costs, including a buyer’s premium and applicable sales tax. Purchasers of the vehicles may also face challenges, as the company is no longer operational to provide service or support.
The liquidation comes amid broader financial and legal pressures. Suppliers had raised complaints over unpaid invoices, and state officials are seeking to recover grant funding tied to unfulfilled investment and job creation commitments. Additionally, the company is under review for issues related to unpaid wages and benefits.
The auction represents a significant moment in the aftermath of Bollinger Motors’ collapse, offering a rare opportunity to acquire pieces of a startup that once aimed to reshape the electric truck market.
Source