News Archives - Page 25 of 38

MondaySep 27, 2021 2:09 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Automotive Inc. Release Update Letter to Shareholders

Mullen Automotive, an emerging electric vehicle manufacturer, which previously announced a definitive stock-for-stock reverse merger agreement with Net Element (NASDAQ: NETE), in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company, today released a letter to shareholders from Mullen’s CEO David Michery. “As we begin the fourth quarter of 2021, I would like to take this opportunity to update everyone on the progress being made to complete the merger with Net Element. I am pleased to say that the SEC has declared effective the S-4 registration statement of the shares of the merger. The shareholders…

MondaySep 27, 2021 1:24 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX), Subsidiaries Slated to Present Solutions During Upcoming Sustainable Fleet Technology Conference

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, will be participating in the monthlong, all-virtual Sustainable Fleet Technology (“SFT”) Conference. The conference is designed to showcase the “latest and greatest” in sustainable fleet tech, operations and implementations. The conference takes place twice a week — Tuesday and Thursdays — from 2–3:30 p.m. EST, and runs through Oct. 19, 2021. Ideanomics, along with its subsidiaries WAVE and US Hybrid, will be participating in panel discussions scheduled for Sept. 30, Oct. 12 and Oct. 14. IDEX chief scientist and US Hybrid CEO…

ThursdaySep 23, 2021 11:59 am

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Inc. Announce Strategic Partnership for Upcoming Mullen EV Launch

Mullen Technologies, an emerging electric vehicle manufacturer, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE), today announced its entry into a letter of intent (“LOI”) with hofer powertrain GmbH. Under the collaboration, Mullen and hofer powertrain will partner in the development and manufacturing of electric drive systems and components for Mullen’s EV lineup, along with a high-performance powertrain for the DragonFLY, to deliver unprecedented performance in the market. hofer powertrain is a renowned Tier 1 engineering service provider and system supplier specialized in efficient powertrain solutions. As an established and independent partner of the automotive industry…

WednesdaySep 22, 2021 12:13 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces AVTA Order for 28 Additional Wireless Chargers

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, and its subsidiary, WAVE, has inked a multimillion dollar purchase order from the Antelope Valley Transit Authority (“AVTA”). Acquired by IDEX earlier this year, WAVE is the leading high-power, inductive-charging solution provider for medium- and heavy-duty vehicles. The deal calls for WAVE to provide 28 additional wireless charging systems. In 2019, AVTA, which operates the largest battery-electric bus fleet in the country, became the first fully electric fleet powered by wireless charges; the company serves more than 450,000 residents in both Lancaster,…

TuesdaySep 21, 2021 2:47 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Inc. Announce Definitive Agreement for Class 1 and 2 EV Cargo Vans for Assembly, Sales in US and Mexico

Mullen Technologies, an emerging electric vehicle manufacturer, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE), today announced its entry into a definitive agreement with Tenglong Automotive, a subsidiary of CRRC Group, for manufacturing, distribution and retail sales of Class 1 and Class 2 EV Cargo Vans in the U.S. and Mexico. According to the update, the agreement provides Mullen with an effective solution for the fast-developing EV cargo van market and its existing EV fleet van orders. Mullen will homologate and assemble the vans at its Tunica, Mississippi- based Advanced Manufacturing and Engineering Facility (“AMEC”).…

TuesdaySep 21, 2021 10:43 am

GreenCarNewsBreaks – DSG Global Inc.’s (DSGT) Imperium Motor Secures Deposits on over 196 Vehicles from Montreal Electric Vehicle Show

DSG Global (OTCQB: DSGT) today announced that its Canadian electric vehicle division, Imperium Motor Company Canada, finished a successful Montreal Electric Vehicle Exhibit this past weekend. According to the update, the company took deposits on 136 SEV vehicles and experienced a strong uptick of 60 more deposits over the weekend for SEV vehicles ordered online during the show. The company received combined deposits on over 196 vehicles for the three-day event. “The show surpassed even our most optimistic expectations. Not only was the show larger than the organizers anticipated, interest in our SEV vehicles was tremendous,” said Christian Dubois, President…

TuesdaySep 21, 2021 10:00 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) to Present at 2021 MOVE America

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, will be a featured participant at this month’s MOVE America event. The event will be held Sept. 28–30, 2021. As part of Ideanomics’ participation in the event, WAVE CEO Aaron Gillmore is slated to give the keynote presentation, which will focus on overcoming fleet electrification barriers with wireless charging. Gillmore and Ideanomics managing director of financial products Kate Lam are also scheduled to lead a roundtable discussion on fleet electrification challenges. In addition, the company will have a display that showcases technologies from WAVE…

MondaySep 20, 2021 11:31 am

GreenCarNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Synergistic Divisions to Fuel Growth of Energica Motor Company

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, today announced it will leverage its uniquely synergistic divisions to further support partner Energica Motor Company S.p.A. and its subsidiaries (“Energica”). Energica is a leading manufacturer and distributor of ultra-high-performance electric motorcycles. According to the update, the two Ideanomics Capital and Ideanomics Mobility divisions will team up to roll out a new dealer floor plan financing arrangement with the goal of more than doubling Energica dealers in the United States by the end of 2021. “American consumers are ingrained in the…

WednesdaySep 15, 2021 3:22 pm

GreenCarNewsBreaks – DSG Global Inc.’s (DSGT) Imperium Motor Company Secures Manufacturing License, WMI Code for Terra-E Truck and SEV

DSG Global (OTCQB: DSGT) today announced that its electric vehicle division, Imperium Motor Company, has received a manufacturing license and world manufacturing identifier (“WMI”) code for the Terra-E Truck and SEV. According to the update, the Society of Automotive Engineers (“SAE”) and the Environmental Protection Agency (“EPA”) have assigned the WMI code 7PG to the company. “This is an important step towards bringing production of our vehicles to our manufacturing facilities in North America,” said Rick Curtis, CEO of Imperium Motors. “By producing light trucks and SUVs, among other vehicles, here we can better control logistics and delivery times. The…

WednesdaySep 15, 2021 10:11 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces Offer to Increase Ownership in Italian Electric Motorcycle Maker

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has inked an agreement to offer a voluntary conditional tender offer for shares of Energica Motor Company S.p.A. The agreement has been made with founders of Energica, a leading manufacturer and distributor of high-performance, 100% battery-powered electric motorcycles. According to the announcement, the bid for investment would increase IDEX’s ownership stake in the company from 20% to approximately 70%; Energica founders would own 29% of the company. Energica sales nearly doubled in 2020, and in the first half of this year, the…

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