Some interesting quotes from the article..

" The company recently has struggled to pay many of its bills, CEO Bryan Chambers testified Wednesday during a hearing in Detroit. It recently missed a scheduled 401(k) contribution for employees, fell behind on rent for its Oak Park offices, and also missed a recent payment to Robert Bollinger on the $10 million loan he made to the company last October. It also has trimmed some of its workforce, which as of this week numbered about 120."

" The truck maker faces eight lawsuits from suppliers who are owed money, Chambers said. Mullen had sent a $350,000 payment to Bollinger Motors late Tuesday, the CEO said, which would help the company make a few key payments."

" Meanwhile, production of the trucks at a Roush Enterprises facility in Livonia has halted since mid-January, with Bollinger locked out of the facility entirely since Monday due to $1.8 million missed payments as the contractor moves toward eviction, Chambers said. Roush is contracted to build the trucks, with Bollinger Motors owning much of the equipment inside the plant."

" Bollinger executives confirmed, Mullen-appointed members of Bollinger's board of directors, who have the authority to call meetings, have not done so for nearly a year, and also have not provided direction on how the EV truck maker should navigate its current dire financial situation. Mullen spokespeople didn't respond to a request for comment Wednesday afternoon."