News Archives - Page 47 of 49

FridayNov 20, 2020 3:10 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Featured in Research Report

Net Element (NASDAQ: NETE) was featured in a recent report by Zacks Small-Cap Research that discussed the company’s third quarter showing sequential rebound as the merger proceeds with privately-held Mullen Technologies Inc. The report reads, “At its current enterprise value of $43.6 million, the stock is getting no premium for its pending merger and is valued only on its card processing business. Using the electric vehicle peer valuation of 10x EV/sales, and owning 15-21.7% of the post-merger company, the company could be worth $30.00 per share once the deal closes and twice that by 2023.” To view the full report,…

TuesdayNov 17, 2020 3:18 pm

GreenCarNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Joining S&P 500

Tesla (NASDAQ: TSLA), an American EV and clean energy company, was featured in an article on Yahoo! Finance titled, “Tesla is getting added to the S&P 500, shares surge on the news.” The article highlights a more than 10% jump in TSLA shares in the after-hours session on the news that the electric carmaker is set to join the S&P 500. The article reads, “On Monday evening, the S&P Dow Jones Indices announced that Tesla will be added to the closely-followed stock index on Monday, Dec. 21 before the market opens to coincide with the December quarterly rebalance. ‘Due to…

MondayNov 16, 2020 9:43 am

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Announces Q3 2020 Financial Results

Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point of sale (“POS”), e-commerce and mobile devices, today announced its financial results for the third quarter ended Sept. 30, 2020. Among the highlights for the quarter as compared to the same period in 2019, Net Element reported an increase in total transaction volume to $956.2 million versus $953.7 million, a decrease in net revenues to $16.7 million versus $16.8 million, as well as an increase in North American Transaction Solutions revenue to $16.07 million versus $15.9 million. “We…

ThursdayOct 01, 2020 2:23 pm

GreenCarNewsBreaks – Mullen Technologies Opens Pre-Sales for MX-05 Pure Electric SUV

Mullen Technologies Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, today announced that it is accepting preorders for its newest EV vehicle. The MX-05 fully electric, all-wheel drive SUV is slated for delivery to customers beginning Q2 2022. NETE and Mullen have announced a definitive agreement to merge in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company. In addition, Mullen has begun construction on its preproduction facility, located in Monrovia, California. The…

ThursdayOct 01, 2020 2:15 pm

GreenCarNewsBreaks – Blink Charging Co. (NASDAQ: BLNK, BLNKW) Selected by City of Richmond, California to Expand EV Infrastructure

Blink Charging (NASDAQ: BLNK, BLNKW), a leading owner and operator of electric vehicle (“EV”) charging equipment and services, today announced the sale and planned deployment of 14 IQ 200 charging stations at five locations in the city of Richmond, California. Funds have been awarded to the city of Richmond by the Bay Area Air Quality Management District through the Transportation Fund for Clean Air program, making this public EV access expansion project possible. According to the update, the units are scheduled for installation at the ferry terminal building, Bayview Library, May Valley Fire Station, Hilltop Fire Station, North Richmond Fire…

FridaySep 25, 2020 12:27 pm

GreenCarNewsBreaks – SPI Energy Co. Ltd. (NASDAQ: SPI) Announces Launch of New EV Subsidiary

SPI Energy (NASDAQ: SPI), a global provider of photovoltaic ("PV") solutions for business, residential, government and utility customers and investors, on Wednesday announced the launch of EdisonFuture Inc., its wholly owned subsidiary to design and develop electric vehicles ("EV") and EV charging solutions. “This is an important milestone for SPI Energy. As Tesla has demonstrated, an end-to-end business model in the renewable energy space can generate significant value,” SPI Energy CEO Xiaofeng Peng said in the news release. “With the addition of EV and EV charging segments to our diverse solar business, we are positioning SPI Energy for the future…

ThursdaySep 24, 2020 9:30 am

GreenCarNewsBreaks – Mullen Technologies Inc. to Commence Construction of EV Pilot Facility Slated for Completion by April 2021

Mullen Technologies, an emerging electric vehicle (“EV”) manufacturer and technology company that previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, this morning announced that it will commence the build-out of its pilot manufacturing facility and begin taking pre-orders of its MX-05 fully electric SUV starting on October 1st, 2020. The company estimates that up to 1,000 MX-05 fully electric vehicles will be assembled at the new facility per year, with future models such as the MX-07 and MX-03 to follow. Construction is slated to be complete by April 2021, and the…

WednesdaySep 23, 2020 2:23 pm

GreenCarNewsBreaks – Volkswagen AG’s (VWAGY) ID 4 – Standout SUV EV – Featured on The Verge

Volkswagen (OTC: VWAGY) was featured in a recent article on The Verge that discussed the automaker’s unveiling of its ID 4. The ID 4 is the first electric vehicle (“EV”) built on Volkswagen’s mass-manufactured modular electric vehicle platform (“MEB”) to be sold in the United States and described as “arguably the most important car to be released by VW in years.” According to the publication, the ID 4 will compete directly with Tesla Inc.’s (NASDAQ: TSLA) Model Y but is really taking aim at a market segment currently dominated by gas-powered vehicles, namely the compact SUV market. The article reads,…

TuesdaySep 15, 2020 2:04 pm

GreenCarNewsBreaks – ev Transportation Services Inc. Announces ‘Best and Most Advanced Model Yet’ – The 2021 FireFly ESV(R)

ev Transportation Services (“evTS”) today announced the launch of its new 2021 model year FireFly ESV(R) (essential services vehicle). According to the update, the new model retains all the best features of previous FireFly ESV vehicles, with an extensive list of enhanced features and accessories. Upgrades include, among others: an enlarged door for even easier vehicle access; a bigger cab with more leg room; improved in-cabin experience with a more modern feel; and a new windshield design with improved visibility. “The 2021 FireFly is our best and most advanced model yet and will enable evTS to fill the critical and…

ThursdaySep 10, 2020 11:12 am

GreenCarNewsBreaks – Lucid Motors Announces First Production Vehicle, a ‘Breakthrough’ in EV

Electric vehicle (“EV”) start-up Lucid Motors is taking aim at perhaps the best-known company in the EV space. The company claims its new all-electric air sedan, the Lucid Air, is more efficient, faster and a more spacious vehicle than the Tesla Model S, a car that Lucid CEO Peter Rawlinson helped develop when he worked as the Model S chief engineer and vice president of engineering at Tesla Inc. (NASDAQ: TSLA) from 2009 to 2012. Rawlinson noted that the high-end version of the Air is 17% more energy efficient than Tesla models. Expected to be in production early next year, the Lucid Air…

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