June 2021 - Green Car Stocks

WednesdayJun 30, 2021 1:46 pm

NIO Inc. (NYSE: NIO) Looks Overseas for Growth Opportunities

Tesla Inc. (NASDAQ: TSLA) may be the most prominent player in the young electric vehicle (“EV”) sector, but there are plenty of EV makers scrambling to snatch the top spot away from the Palo Alto, California-based EV maker. One of Tesla's major competitors is Chinese firm NIO Inc. (NYSE: NIO), which has been dubbed by some as the next Tesla. Although NIO was recently facing financial hardship, it has rebounded with critical government support, delivering a total of 43,000 electric vehicles in 2020 more than double the 20,000 built in 2019. Now, the Chinese electric vehicle giant has set its…

TuesdayJun 29, 2021 2:15 pm

US to Enlist Allies in the Quest for Battery Metals

Unlike the original automotive sector that grew organically over a century into what it is today, the electric vehicle (“EV”) market is expected to hit the ground running and achieve mass-market penetration in only a few decades. Electric vehicles run on rechargeable lithium-ion battery packs rather than internal combustion engines, and produce zero carbon emissions. However, their batteries are made using rare metals such as lithium, and presently, the United States barely has a supply chain that can provide these metals, with American EV makers and established automakers sourcing the metals from foreign supply chains. China, which is America's largest…

MondayJun 28, 2021 3:45 pm

Could Charging EVs Be as Fast as Refilling a Gas Tank?

Electric cars have been dubbed the next frontier of vehicular travel as countries around the world scramble to cut their carbon emissions in a bid to curb climate change. Instead of an internal combustion engine, electric vehicles (“EVs”) use a rechargeable lithium-ion battery coupled with an electric motor for power. Despite their obvious environmental benefits, not everyone is sold on electric vehicles, and slow charging rates are partly to blame. Unlike filling up a petrol or diesel-powered car, which can be done in as little as five minutes, electric vehicles take quite a while to recharge. Even with fast charging…

FridayJun 25, 2021 3:15 pm

How Fast Chargers Work in EVs

Battery electric vehicles (“BEVs”) are slated to replace conventional petrol and diesel-powered vehicles over the next couple of decades. However, despite producing zero emissions at the tailpipe and making electric vehicles (“EVs”) the perfect vehicle for a net-zero economy, internal combustion engine vehicles are still superior in some regards. Not only are they much easier on the pocketbooks compared to EVs, but they can also be fully refueled in just a few minutes, a feature that eludes most electric vehicles. Enter DC fast charging, an EV charging technology that allows electric vehicles to recharge their batteries up to 80% in…

FridayJun 25, 2021 1:16 pm

DSG Global Inc. (DSGT), Subsidiary IMC Unveil Array of New EVs at Experience Center Grand Opening Event

Quality, value, diversity hallmarks of EV grand opening event. IMC has existing inventory already on hand, doesn’t require substantial amount of capital before seeing profitability. Company offers affordable vehicles with emphasis on great design, a green mindset, performance and functionality. DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and subsidiary Imperium Motor Company (“IMC”) unveiled more than two dozen electric-powered vehicles at the grand opening of the Imperium Motors Experience Center in Fairfield, California (https://ibn.fm/BGwLh). Held June 18–19, the grand opening event included interviews, press coverage,…

TuesdayJun 22, 2021 3:08 pm

Pew Research Shows US EV Sector Growing Slower Than China’s

The past few years have seen the United States make commendable steps towards achieving its carbon emission goals. More people than ever are purchasing zero-emission electric vehicles (“EVs”), and several American automakers have unveiled several electric vehicle models, with some of them planning on going fully electric within the next few decades. In addition, the largest EV maker in the game is based in the U.S. However, America's nascent EV sector pales in comparison to China, which is the world's largest electric vehicle market, and recent research shows that the Chinese EV sector is growing at a faster rate than…

TuesdayJun 22, 2021 11:58 am

Ideanomics Inc. (NASDAQ: IDEX) Completes the Acquisition of US Hybrid Marking Entry into Burgeoning EV Powertrain Market

Ideanomics completed the acquisition of US Hybrid, a manufacturer and distributor of electric powertrain parts and fuel cell engines for medium and heavy-duty vehicles IDEX paid an aggregate purchase price of $50 million in cash and stock considerations The acquisition marked IDEX’s entry into the burgeoning EV powertrain market, which is expected to grow at a CAGR of 16% from 2020 to 2027 The growth is due to several favorable factors that also bode well for the operations of IDEX and US Hybrid Ideanomics also announced that US Hybrid had received orders from Global Environment Products (“GEP”) for a fleet…

MondayJun 21, 2021 2:11 pm

Establishing Robust Charging Infrastructure Could Unlock Rapid EV Adoption

Electric vehicles (“EVs”) are poised to replace internal combustion engine (“ICE”) vehicles over the next couple of decades, but a slew of issues stand in the way of mass EV adoption. The United States is working towards achieving net-zero emissions by 2050, and electric vehicles will play a major role in reducing the country's reliance on fossil fuels and cutting emissions. However, America's EV charging infrastructure is not developed enough to support an influx of electric vehicles on the roads. Not only does America have a woefully insufficient public charging network, but most chargers are slow, meaning drivers have to…

FridayJun 18, 2021 2:50 pm

Why EVs Are Heavier Than Conventional Vehicles

It's common knowledge that modern vehicles, despite all the advancements that have been made in both hardware and software, are a less sturdy than the cars of old. You've probably seen pictures of car crashes where an old pickup truck or other such vehicle stands completely unscathed amid the wreckage of a modern vehicle. Electric vehicles (“EVs”), by virtue of being much heavier than their petrol- and diesel-powered counterparts, represent a similar risk to other drivers whenever they hit the roads. Unlike conventional vehicles that are powered by internal combustion engines, electric vehicles ditch the fossil-fuel-powered engines for rechargeable lithium-ion…

FridayJun 18, 2021 1:35 pm

DSG Global Inc. (DSGT) Receives Contracts Totaling $987,900 from New Golf Courses in US, Singapore

DSGT selected as fleet-management solution provider for new golf courses. Contracts include servicing and maintenance fees, which provide ongoing continuous monthly revenue. CEO reports continued sales records, progress in Vantage Tag and Imperium Motors divisions. DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and its Vantage Tag System (“VTS”) have been selected as the fleet-management solution provider for 15 new golf courses (https://ibn.fm/jvVhm). The contracts for the courses, which are located in the United States and abroad, total almost $988,000 and provide an ongoing revenue stream…

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Month: June 2021