---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-047726"
form_type: "8-K"
ticker: "BINI"
cik: "0001499961"
company_name: "BOLLINGER INNOVATIONS, INC."
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:28:08.393825+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mullen forms joint venture MAEO for battery range tech; claims 60-75% range increase

## Summary
- Mullen forms MAEO (51% owned) with Global EV Technology to commercialize Energy Management Module (EMM) that extends EV range.
- Mullen to pay $50K upfront, $5M at closing of definitive agreements, and fund up to $5M for MAEO operations.
- Element Materials Technology test showed EMM increased a high-volume OEM EV range from 269 to 431 miles (+60%).
- Mullen's own test on its Class 1 EV cargo van showed >75% range increase (calculated EPA ~186 miles from 42 kWh pack).
- U.S. provisional patent application filed for EMM technology; plans to integrate into all Mullen commercial and consumer EVs.

## SEC filing metadata
- accession: 0001104659-23-047726
- form_type: 8-K
- ticker: BINI
- cik: 0001499961
- company_name: BOLLINGER INNOVATIONS, INC.
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499961/000110465923047726/0001104659-23-047726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499961/000110465923047726/tm2313189d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-047726
- JSON: https://secwatch.observer/filing/0001104659-23-047726.json
- Plain text: https://secwatch.observer/filing/0001104659-23-047726.txt

## Key facts
- Material Agreements
  BOLLINGER INNOVATIONS, INC. entered into Letter of Agreement with Lawrence Hardge, Global EV Technology, Inc., and EV Technology, LLC (effective 2023-04-17).
  - Action: entry
  - Agreement: collaboration
  - Counterparty: Lawrence Hardge, Global EV Technology, Inc., and EV Technology, LLC
  - Effective: 2023-04-17
  source text: On April 17, 2023, Mullen Automotive Inc. (the “Company”) entered into a binding Letter of Agreement (the “LOA”) with Lawrence Hardge, Global EV Technology, Inc., and EV Technology, LLC (collectively, “EVT”), pursuant to which the parties will partner and joint venture on all aspects of a device (the “Technology”) previously known as a Battery Life Enhancing Technology along with Ever-Charge Technology and/or Energy Management Module that is designed to extend the effective battery life and can be added to many applications that require and use battery resources to be powered (the “Transaction”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465923047726/0001104659-23-047726-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.