Bollinger Motors Shuts Down Amid Financial Struggles
The electric vehicle sector witnessed a significant blow as Bollinger Motors, a promising start-up based in Oak Park, announced its closure. Despite its ambitious goals in the EV market, the company has faced insurmountable challenges, culminating in the decision to cease operations.
As per a communication from the company’s Human Resources Director, Helen Watson, reviewed by the Detroit Free Press, Bollinger Motors officially closed its doors on November 21. “We received word late last night that the day has arrived, we are to officially close the doors of Bollinger Motors, effective today, November 21st, 2025,” Watson stated in her email.
Bollinger Motors had been grappling with financial issues for some time. On November 19, the Free Press reported that the company was struggling to meet payroll, leading to 59 claims of unpaid wages filed with the Michigan Department of Labor and Economic Opportunity.
David Michery, the CEO of Bollinger Innovations, Bollinger Motors’ parent company, reassured employees through Watson’s email of efforts to resolve outstanding payroll issues: “I am working on creating checks for the 10/31/2025 payroll and believe they will be in hand on Monday.” Michery expressed a commitment to compensating employees for missed payments from the last two pay periods.
Bollinger Motors was established in 2015 and manufactured its vehicles in Livonia through Roush Industries. The company was known for its distinct electric commercial trucks and SUV prototypes, including the B4 chassis cab truck and the B1 and B2 SUVs. A larger truck model, the B5, was anticipated for a 2026 release.
Robert Bollinger, the founder, left the company this year and subsequently sued for a $10 million loan he provided in October 2024, claiming the company was insolvent. The lawsuit sought a receivership to manage the repayment. Notably, Bollinger Motors exited the receivership in June.
Several suppliers have taken legal actions against Bollinger this year, demanding settlement of over $5 million in unpaid bills, according to Crain’s Detroit Business.
In September, Bollinger Innovations announced a halt to reverse stock splits, which had been employed to maintain its Nasdaq listing. The company had completed at least six reverse stock splits in the past year. However, it delisted from the Nasdaq Composite on October 13 after its stock price fell below $1 per share.
While Bollinger Motors has ceased operations, Bollinger Innovations continues to exist as a corporate entity. Efforts to reach Michery for comments were unsuccessful; calls to the company’s listed number were met with an automated message indicating the line was inactive.
Original Story at www.freep.com