FridayJan 08, 2021 12:37 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Shifts to Drive Opportunity in the EV Fast Lane

Net Element (NASDAQ: NETE) is a financial technology company in the process of transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through a pending merger with privately-held Mullen Technologies Inc. On the heels of success in the global financial technology sector, providing next-generation electronic payments solutions spanning across point-of-sale, e-commerce and mobile devices, Net Element is preparing for life in the fast lane as it shifts into the EV space. Under the leadership of CEO Oleg Firer, a veteran entrepreneur and corporate turn-around specialist, Net Element realized exponential revenue growth from $0 in 2013 to $65…

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TuesdayJan 05, 2021 1:31 pm

GreenCarNewsBreaks – ev Transportation Services Inc. Driving Opportunity with New 2021 FireFly ESV(R)

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, is poised for opportunity amid expected dramatic increase in growth for the electric vehicle (“EV”) market. As companies continue to be pressured by both regulators and consumers to reduce their carbon footprint, industry demand for this segment of the industry in the United States, China and Europe is expected to grow at a 33% CAGR from 2019 to 2028 according to BloombergNEF. evTS is leading the charge forward in this new world of electric vehicles as the designer, developer and manufacturer of…

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MondayDec 28, 2020 2:02 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Positioned Amid Surging Demand in EV Space

Net Element (NASDAQ: NETE), a financial technology company in the process of transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through a pending merger with privately-held Mullen Technologies Inc., is poised as the EV sector has seen a sharp uptick in consumer demand and investor interest. Rising demand is driven by a combination of improved sector fundamentals coupled with positive industry news. A recent article discussing the company reads, “A potential combined Net Element-Mullen Technologies entity plans to leverage upon the surge in consumer demand within the electric vehicle space through the launch of its initial…

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WednesdayDec 16, 2020 2:43 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Poised as World Moves from Gas Guzzlers

Net Element (NASDAQ: NETE) is a financial technology company in the process of transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through a pending merger with privately-held Mullen Technologies Inc.  The move comes at a time when falling battery prices, government mandates and consumer incentives are propelling the industry forward. A recent article discussing the company reads, “Through its subsidiaries that include Mullen Auto Sales, Mullen Finance Corp., a digital marketplace called CarHub and battery-focused Mullen Energy, Mullen Technologies has already made significant headway in the U.S. Among the company’s expansion plans is the production of…

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MondayDec 14, 2020 3:32 pm

GreenCarNewsBreaks – Why Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Is ‘One to Watch’

Clean Power (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) is a holding company that focuses on investing in and providing early-stage financing to both public and private businesses. Since its original January 23, 2019, listing with the Canadian Stock Exchange (“CSE”), the company has made investments in multiple different businesses in a variety of industries, including the energy and cannabis sectors. The company’s primary goal is to identify and capitalize on high-return investment opportunities presenting the ability to achieve capital appreciation and liquidity. A recent article discussing the company reads, “Clean Power Capital continues to be opportunistic in evaluating prospects across…

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ThursdayDec 10, 2020 1:41 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) to Drive into US EV Market in Style, Speed via K50 Dragonfly

Net Element (NASDAQ: NETE) is a financial technology company in the process of transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through a pending merger with privately-held Mullen Technologies Inc. The merger is optimally timed as more and more regulations aim to require and encourage adoption of purely electric automobiles as a replacement to conventional combustion engine-powered cars. A recent article discussing the company’s positioning reads, “Net Element and Mullen Technologies have revealed plans to begin their foray into the U.S. electric vehicle market through their partnership with Chinese EVET manufacturer, Qiantu Motors, with the aim…

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WednesdayDec 02, 2020 1:00 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Eyes Opportunity in EV Sector

Net Element (NASDAQ: NETE) is transforming its business model to enter the electric vehicle (“EV”) industry through a reverse-merger with California-based Mullen Technologies Inc. The strategic move positions the company to benefit amid the dropping price of EV batteries, which has decreased 87% in less than a decade (https://ibn.fm/GRCa9) and is projected to drop even further due to technological innovations destined to make EVs a viable alternative to gas-powered vehicles. A recent article discussing this reads, “Mullen Technologies is already well on its way to making substantial progress on battery technology through subsidiary Mullen Energy. Along with Mullen Auto Sales,…

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FridayNov 13, 2020 2:02 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Positioned at the Forefront of Reduced EV Manufacturing Costs

Net Element (NASDAQ: NETE) is transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through its merger with privately-held Mullen Technologies Inc. Timing looks optimal for the transition as new research from investment bank UBS finds that the cost to manufacture EVs may be the same as the cost for regular models within the next four years (https://ibn.fm/DW8fZ). This news bodes well for Net Element and Mullen. A recent article discussing this reads, “Mullen recently announced its own plans to start work on a manufacturing facility as well as accept pre-orders for its M05 fully electric SUV.…

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ThursdayNov 12, 2020 3:14 pm

GreenCarNewsBreaks – Why ev Transportation Services Inc. Is ‘One to Watch’

ev Transportation Services (“evTS”) is a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions. The company is focused on the essential transportation services market. End-user applications for evTS vehicles include security, parking enforcement, local small package delivery, meter reading, sanitation, parks and recreation, university and corporate campuses, and warehouse operations services. A recent article discussing evTS reads, “The company’s flagship product is the FireFly ESV(R), a high-performance, low-maintenance electric vehicle with zero emissions. This utility vehicle was created specifically to meet the needs of essential services users. The FireFly ESV utilizes the safest Lithium Ion…

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WednesdayOct 21, 2020 2:56 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Ramping Up for EV Production

Net Element (NASDAQ: NETE) is transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through its merger with privately-held Mullen Technologies Inc. Mullen Technologies recently announced commencement of the build out of its pilot manufacturing facility and that it has begun taking pre-orders for its MX-05 fully electric SUV. Completion of the facility is expected by April 2021. Shortly thereafter, the company will begin assembly of certification prototypes with plans for the first consumer-ready MX-05 SUVs to roll off the production line by the second quarter of 2022. An article discussing this reads, “Mullen Technologies anticipates its…

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