Another electric vehicle startup appears to be finished, as Bollinger Motors winds down with founder Robert Bollinger seemingly closing the book on the venture. There is a certain irony in the demise of a company once hailed as part of the auto industry’s future.
The collapse adds to a growing list of EV hopefuls that failed to find solid footing. Bollinger’s struggles reflect just how brutal the electric startup landscape has become, where bold ambitions frequently outpace the realities of building and selling cars.