News Archives - Page 39 of 49

TuesdayAug 17, 2021 9:52 am

GreenCarNewsBreaks — DSG Global Inc. (DSGT) Releases Q2 2021 Financial Results, Notes 299% Growth in Revenue

DSG Global (OTCQB: DSGT), an emerging player in the electric vehicle (“EV”) segment with a large lineup of affordable and diverse vehicles, has reported its financial report for the quarter ended June 30, 2021; the report was highlighted by the announcement of 299% revenue growth for the company compared to the same period last year. The company reported second-quarter sales of $494,838 compared to $123,955 for Q2 2020, an increase of $370,883 or 299%. The company attributed much of the growth to new installations of its Infinity, Tag and Text GPS system. In addition to the increased sales, the company…

FridayAug 13, 2021 10:57 am

GreenCarNewsBreaks – DSG Global Inc.’s (DSGT) Imperium Motors to Showcase Latest EV Technologies at Upcoming Montreal and Quebec Electric Vehicle Shows

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, today announced that Imperium Motors Canada will attend the Montreal Electric Vehicle Show in September and the Quebec Electric Vehicle Show in early October as demand for its electric vehicles (“EVs”) continues to escalate. According to the update, the Montreal Electric Vehicle Show is the largest EV gathering in Canada and runs from September 17-19, 2021, at the Olympic Stadium. The Quebec Electric Vehicle Show, to be held at the Centre de foires de Québec from October 1-3, 2021, attracts…

TuesdayAug 10, 2021 2:08 pm

GreenCarNewsBreaks – DSG Global Inc.’s (DSGT) Imperium ET5 Featured in Driving Article

DSG Global’s (OTCQB: DSGT) Imperium Motors Canada was featured in a recent Driving article titled “First Drive: 2021 Imperium ET5.” The piece, authored by Andrew McCredie, discusses his driving experience of the Chinese electric vehicle (“EV”) that offers a sub-$45k price tag and is poised to shake up the Canadian EV market. “Imperium Motors Canada has worked out a deal with Skyworth Motors in China to bring in that company’s all-electric SUV called the ET5. I had the chance to be the first North American journalist to drive the ET5, and while it wasn’t a multi-day test, my time behind…

FridayAug 06, 2021 10:36 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Subsidiary Awarded Sourcewell Contract

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, and its subsidiary, Wireless Advanced Vehicle Electrification (“WAVE”), have announced the signing of a cooperative purchasing contract with Sourcewell. WAVE is a leading developer of high-power inductive charging solutions for medium- and heavy-duty vehicles; Sourcewell is a self-sustaining government organization that has offered cooperative purchasing with more than 400 competitively solicited contracts to government, education and nonprofit entities throughout North America. The four-year contract outlines the process for WAVE to offer its high-power EV wireless charging systems to transit agencies and ports without…

WednesdayAug 04, 2021 1:52 pm

GreenCarNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Launches New e70N Electric Tractor

Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that its subsidiary Solectrac launched the all-new e70N electric tractor. The specially designed, narrow model is purpose-built for easy handling and maneuverability on vineyards and farm operations. This news follows the company's July 1, 2021, announcement that long-time agriculture and construction industry veteran Mani Iyer was appointed as CEO of Solectrac. “The e70N is yet another innovative electric tractor breakthrough from Solectrac, this time focused on commercial-level, heavy-duty farm and vineyard operations,” said Solectrac CEO Mani Iyer. “This category of zero-emission…

TuesdayAug 03, 2021 3:25 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Post-Merger Company Notes $60M LOA with Height Dispensary for 1,200 Mullen Vans

Net Element’s (NASDAQ: NETE) post-merger company, Mullen Technologies Inc., has entered into a letter of agreement with Height Dispensary LTD to purchase 1,200 Mullen ONE electric vans, an agreement worth an estimated $60 millon; the LOA also noted that Height has selected Mullen as its exclusive provider for electric vehicles (“EVs”). Net Element is a financial technology company in the process of becoming a pure-play electric vehicle manufacturer through a pending definitive agreement with privately held Mullen Automotive Inc., an emerging electric vehicle manufacturer. Texas-based Heights specializes in high-quality legal CBD and THC products online with plans to open a retail…

TuesdayAug 03, 2021 2:05 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Pledges $25M to Support Minority and Underserved Communities, Closes Acquisition of US Hybrid

Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that it has pledged $25 million to support minority and underserved communities, driven by the company's continued environmental, social and governance (“ESG”) commitment. “Enabling financial empowerment has been the common thread for all businesses under Ideanomics Capital,” said Alf Poor, CEO of Ideanomics. “We are excited to join a network of progressive supporters of the MDI Keepers Fund. This is a proactive investment we are putting into communities that require the most disruption and transformation. We believe this fund will allow…

MondayAug 02, 2021 1:31 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces Strategic Investment in Prettl Electronics Automotive, Executive Chairman Appointment

Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that it has made a strategic investment in Prettl Electronics Automotive (“PEA”). According to the update, PEA is a business unit within the Prettl Group, a large German industrial company that manufactures and distributes components and systems for the automotive, energy and electronics industries. The deal terms include a strategic investment of €7.5M (~$9M) for a 30% ownership stake, under which Ideanomics will receive exclusive sales and distribution rights for PEA charging infrastructure products and solutions in North America. In addition,…

WednesdayJul 28, 2021 10:02 am

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Updates Shareholders, Announces Registration Statement for Proposed Merger Declared Effective by SEC

Net Element (NASDAQ: NETE), a financial technology company in the process of becoming a pure-play electric vehicle (“EV”) manufacturer through a pending definitive agreement with privately held Mullen Automotive Inc., has shared key updates with shareholders. Earlier this year, the company purchased more than 100 acres along with a 120,000-square-foot facility, which will become the company’s Advanced Engineering and Manufacturing Center and Proving Grounds (“AMEC”); the property is located in Tunica, Mississippi. The company intends to construct a 700,000-square-foot body shop, paint shop, warehouse and test track to complete an automotive campus with more than 820,000 square feet of building space and the…

FridayJul 16, 2021 10:47 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Schedules Call to Discuss Q2 2021 Earnings

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, will be hosting an earnings call and webcast. The event, which is scheduled for Aug. 16, 2021, will focus on the company’s second-quarter financial results, which will be released that same day at 4 p.m. ET; the conference call will begin at 4:30 p.m. ET. During the call, Ideanomics executives will present key information. The call will also have time set aside for a Q&A session. Interested parties can participate on the call by dialing toll free in Canada and the United…

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