FridayMar 26, 2021 1:32 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Furthers Strategy with Energica Investment

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, has inched closer to realizing its vision with the recent acquisition of a 20% stake in Energica Motor Company S.p.A. (“Energica”), a manufacturer of high-performance electric motorcycles. The investment, amounting to approximately $13 million, is part of a strategy to bring together companies producing electric vehicles and related products or services, thus allowing technology synergies to play out among them. “The latest investment, Energica, will be part of Ideanomics’ Mobility division and is the second of its kind for…

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FridayMar 19, 2021 2:34 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Targets New Investments and Acquisitions

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, is eying expansion through acquisitions and new investments. “The company expects 2021 to be another growth year after it raised approximately $400 million over the past six months,” reads an article on why Ideanomics is “one to watch.” “This funding has already been put to good use with acquisitions of Wireless Advanced Vehicle Electrification (‘WAVE’) and Timios. With roughly $200 million still on the balance sheet, Ideanomics continues to look for new investments and acquisitions in revenue-based opportunities focused…

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WednesdayMar 10, 2021 2:01 pm

GreenCarNewsBreaks – ev Transportation Services Inc.’s FireFly ESV Boasts Superior Performance

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, offers a robust all-electric vehicle designed with performance and versatility in mind. “As an all-electric vehicle,” reads an article describing evTS’s product, “the FireFly ESV uses the safest lithium-ion battery technology currently available (LiFePO4, Lithium Iron Phosphate). This chemistry provides superior acceleration, a lighter weight design, improved energy-efficiency, and is highly reliable. A proprietary management system maintains and monitors the battery, ensuring optimal performance and range, with an expected lifespan of up to 10 years. Unlike other vehicles that have been manufactured…

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WednesdayMar 03, 2021 1:20 pm

GreenCarNewsBreaks – ev Transportation Services Inc. Targets On-Demand Urban Delivery as Next Wave of Focus

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, is currently focused on opportunities within the U.S. market. “Although international parties have expressed interest in evTS technology, the company remains focused on meeting the immediate needs of the U.S. market for the time being… Potential international sales of the FireFly ESV could increase the company’s sales by five to ten times over a 12- to 18-month time frame.” This is according to an article detailing ev Transportation Services Inc.’s outlook for 2021. “evTS’s focus is on categorized essential services… These essential-service…

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FridayFeb 05, 2021 3:15 pm

GreenCarNewsBreaks – ev Transportation Services Inc. Eyes Exciting Opportunity Through Regional Purchasing Program

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, recently entered into an agreement with the metropolitan Boston-area Metropolitan Area Planning Council (“MAPC”) and the Greater Boston Police Council (“GBPC”) to offer its EVs for sale. Under the agreement, the company’s FireFly ESV all-electric commercial utility vehicles will be sold under the agencies’ Group Purchasing Program contract for 2021 within the 101 cities and towns of the metropolitan area. “We are excited to include an electric vehicle manufacturer (‘evTS’) from Massachusetts in an MAPC Public Works and Public Safety Cooperative Purchasing…

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MondayFeb 01, 2021 2:35 pm

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) Among Leading Life Science Firms Comprising CSE Composite Index(R)

Clean Power (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) is a holding company that focuses on investing in and providing early-stage financing to both public and private businesses. According to a recent article, the company is receiving increased attention to its mission of shepherding health and renewable energy enterprises toward their growth potential thanks to its entry on two Canadian Securities Exchange indices — the CSE Composite Index(R) and the CSE25(TM) index. The CSE is an alternative exchange dedicated to micro-cap and emerging companies, and the company’s entry on the Composite Index grants it a place of recognition among about 75%…

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MondayFeb 01, 2021 2:04 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Working Diligently to Finalize Merger, Capitalize on Growing EV Sector Demand

Net Element (NASDAQ: NETE) is 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. This bold move aims to leverage changing market conditions where rapidly falling battery prices are fueling predictions that it will be easier and cheaper to build and market EVs within the next few years. As the industry grows, research suggests that EVs may eventually dominate gas-powered cars in many sectors. In addition to falling battery prices that are expected to make EVs economically feasible on the supply side, government mandates,…

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FridayJan 29, 2021 12:57 pm

GreenCarNewsBreaks – ev Transportation Services Inc.’s New ESV Designed to Meet Needs of Essential Services Transportation, Urban Mobility Sectors

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, recently announced the launch of its new 2021 FireFly ESV. The EV was created to meet the requirements of the essential services transportation and urban mobility markets, with estimated replacement demand of 100,000, equaling approximately $2.5 billion annually. A recent article discussing this reads, “Designed for efficiency and performance, the Firefly has a range of 100-plus miles on a single charge and can legally travel on all roads at speeds up to 50 miles per hour. This exceeds the capabilities of other…

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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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