News Archives - Page 44 of 52

ThursdayJun 03, 2021 10:47 am

GreenCarNewsBreaks – Ideanomics (NASDAQ: IDEX) Subsidiary Completes Newest Deployment of Inductive Chargers

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has announced that its subsidiary WAVE has completed another transit authority deployment. WAVE is a leading developer of high-power inductive charging solutions for medium and heavy-duty vehicles. The deployment involves a high-power, cable-free, in-route charging system for the Twin Transit Authority (“TTA”), located in Chehalis, Washington. Designed to help the Washington-based transit authority extend the driving range of its electric buses, the deployment is a significant step in accelerating TTA’s progress toward achieving its goal to make its fleet fully electric by…

TuesdayMay 18, 2021 12:29 pm

GreenCarNewsBreaks – Net Element (NASDAQ: NETE) Releases Q1 2021 Financial Report, Provides Update on Pending Merger

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 reported its financial results for the quarter ended March 31, 2021; the report also included an update for shareholders on its previously announced merger with Mullen, a Southern California-based electric vehicle (“EV”) company. The merger is a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company. Financial numbers for the quarter included net income attributable to common stockholders of approximately…

TuesdayMay 18, 2021 12:13 pm

GreenCarNewsBreaks – Ideanomics (NASDAQ: IDEX) Releases Q1 2021 Financial Report

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has reported its financial numbers for Q1 2021. Included in the report was revenue of $32.7 million, which represents the fifth consecutive quarter of growth, and gross profit of $10.8 million for the period ended March 21, 2021. The company noted that the first-quarter numbers included first revenues from its two January 2021 acquisitions: WAVE, an inductive-charging business, and Timios, a title and escrow services company. Corporate highlights for the quarter included the company’s acquisition of WAVE and Timios, as well as…

MondayMay 17, 2021 12:49 pm

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Announces Subsidiary’s Participation in California’s LCFS Program

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has provided an update on its plans for PowerTap, the company’s wholly owned subsidiary, to participate in the California Low Carbon Fuel Standard (“LCFS”) Carbon Credit program. The program offers PowerTap an opportunity to derive revenue prior to dispensing hydrogen fuel from its units; the revenue will be generated through the sale of earned LCFS credits on the emission trading markets. In order to be eligible to earn LCFS credits, PowerTap will install its fueling units and make them accessible to the public. A third-party analysis of the…

ThursdayMay 13, 2021 10:50 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Enters Definitive Agreement to Acquire US Hybrid

Ideanomics (NASDAQ: IDEX) today announced its entry into a definitive agreement to acquire 100% of privately held US Hybrid in cash and stock consideration, the material terms of which are disclosed in the company’s related 8-K filing. The acquisition, subject to customary closing conditions, brings to Ideanomics the application of U.S.-built technology, for use in its own vehicles, and significantly extends the company’s capabilities in zero-emission transportation. “The acquisition of US Hybrid is a significant one for our EV efforts across the Ideanomics Mobility division and is the stepping-stone we were looking for to ensure we provide vehicles and technologies that…

FridayMay 07, 2021 9:55 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Becomes 100% Owner of Hydrogen Fueling Company

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, announced that it has completed the acquisition of the remaining shares of PowerTap Hydrogen Fueling Corp, thus Clean Power is now the sole, 100% owner of PowerTap. PowerTap has a patented hydrogen production technology, which the company is utilizing to build a blue hydrogen filling station network throughout the country. The company already has fueling stations in California, Texas, Massachusetts and Maryland. In October 2020, Clean Power acquired a 90% interest of PowerTap; the company acquired an additional 4.5% ownership of PowerTap in February 2021. With the support available…

WednesdayMay 05, 2021 9:36 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Share FusionOne Waste to Power Tech Update

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, earlier invested in FusionOne Energy Corp. and recently shared an update on that investment. FusionOne is a private, end-to-end technology and operations company specializing in renewable electricity, white hydrogen production and thermal processing technologies. The company has created technology designed for the conversion of plastic waste to hydrogen and clean electricity. According to the update, FusionOne’s fabrication facility has begun production of the HydroPlas continuous cycle reactor, a key component of FusionOne’s efficient hydrogen-producing system. The reactor, along with other supporting proprietary technologies are slated for a Q3…

WednesdayApr 28, 2021 9:57 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Subsidiary PowerTap President Named Chair of CHBC Committee

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, and PowerTap Hydrogen Fueling Corp., a company in which it has invested, has announced that PowerTap president Salim Rahemtulla has been appointed chair of the California Hydrogen Business Council’s (“CHBC”) Light-Duty Vehicle and Infrastructure Initiative Committee. The California Hydrogen Business Council is comprised of companies, agencies, nongovernmental organizations and academia involved in the business of hydrogen. The appointment was effective starting April 19, 2021. The committee is one of four policy committees focused on providing member-driven education and market intelligence throughout the state; the other committees are Heavy-Duty Vehicles…

FridayApr 23, 2021 1:57 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Management, Employees to Virtually Ring NASDAQ Closing Bell

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has been invited to virtually ring the closing bell on NASDAQ today to celebrate the end of Earth Week. IDEX management and employees will participate in the online ceremonial tradition at 4 p.m. ET. A company committed to sustainability, Ideanomics invested in the future of smart-charging technologies through its acquisition of WAVE, a Utah-based company that is working to enable the commercial fleet sector embrace zero-emission wireless charging for their electric mobility needs. Ideanomics also acquired a 20% investment in Italian…

ThursdayApr 22, 2021 1:51 pm

GreenCarNewsBreaks – ev Transportation Services Inc. Established Premier Dealer Network for FireFly Distribution

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban mobility markets, has established the Premier Dealer Network, a select group of distribution partners designated as the first dealers in the country to market ESV’s first electric vehicle: the 2021 FireFly. According to the announcement, the dealer network provides a strong piece of the company’s strategic rollout of its new electric vehicle; the company is targeting the light-duty, essential service fleet market. Companies in the new Premier Dealer Network include the following: ADOMANI Inc. (DBA Envirotech Vehicles) (OTCQB: ADOM), a provider of new purpose-built, zero-emission electric…

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