ThursdayJul 22, 2021 12:31 pm

GreenCarNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Accomplished Team Poised to Develop, Commercialize Industry Changing Transportation Solutions

Ideanomics (NASDAQ: IDEX) was pleased to see Dr. Abas Goodarzi, its newly appointed chief scientist and US Hybrid CEO, recognized with the well-deserved Institute of Electrical and Electronics Engineers (“IEEE”) Power Electronics Society (“PELS”) Vehicle and Transportation Systems Achievement Award. Dr. Goodarzi, an industry veteran with 38 years of experience in the electric, hybrid and fuel cell industries, was recognized for his contributions to the advancement of electric powertrains for medium and heavy duty vehicles. A recent article quoted Ideanomics CEO Alf Poor as saying, “He has done, and continues to do, so much to advance the transition to a…

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ThursdayJul 15, 2021 11:59 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Driven to Sustain Next-Gen Solutions for World’s Energy Consumption

Ideanomics (NASDAQ: IDEX) announced June 14 that it had boosted its stake in California-based zero-emission electric tractors manufacturer and distributor Solectrac Inc. to 100% ownership. According to a recent article, not only did this move highlight applications of electric vehicle (“EV”) technology in the agricultural industry, “but also showcased Ideanomics’ drive to sustain next-generation solutions for the world’s energy consumption and living standard equity difficulties.” Solectrac has limited competition in the electric tractor market in North America, granting it a significant head start within the industry. Its premium electric tractor lineup is fully scalable and market-ready to generate revenue in…

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WednesdayJul 14, 2021 11:29 am

GreenCarNewsBreaks – DSG Global Inc. (DSGT), IMC Showcase Impressive, Diverse Product Line

DSG Global (OTCQB: DSGT) and its subsidiary Imperium Motor Company (“IMC”), an EV sales, manufacturing and marketing company, unveiled more than two dozen electric-powered vehicles at the grand opening of the Imperium Motors Experience Center in Fairfield, California. Available vehicles include high-, mid- and low-speed cars, trucks, SUVs, vans, buses, and scooters. “Designed to create interest in IMC’s impressive line of EVs, the event encouraged attendees to drive and ride in 25 different electric-powered units. Unlike many companies jockeying for position in the EV space, IMC has existing models and inventory already on hand, ready to be sold. This means…

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ThursdayJul 08, 2021 10:48 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) a ‘True Powerhouse in the Commercial EV Sector’

Ideanomics (NASDAQ: IDEX) recently completed the acquisition of 100% of privately held US Hybrid, heralding entry into the burgeoning EV powertrain market that is expected to grow at a 16% CAGR between 2020 and 2027. US Hybrid manufactures and sells electric powertrain components and fuel cell engines for medium and heavy-duty municipality vehicles, commercial trucks, buses, and specialty cars. The company welcomes US Hybrid CEO Dr. Abas Goodarzi, Ph.D., PE, and his entire team, with the acquisition expected to bring synergistic benefits to the various companies under the Ideanomics Mobility umbrella. A recent article quoted Dr. Goodarzi as saying: “Ideanomics…

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TuesdayJul 06, 2021 1:00 pm

GreenCarNewsBreaks – DSG Global Inc. (DSGT) Continues to Break Sales Records

DSG Global (OTCQB: DSGT) and its Vantage Tag Systems (“VTS”) brand were selected as the fleet-management solution provider for 15 new golf courses. “The contracts for the courses, which are located in the United States and abroad, total almost $988,000 and provide an ongoing revenue stream for DSGT from service and maintenance agreements,” reads a recent article. The new contracts, received during Q2 2021, include 1,040 total units of the VTS Infinity, Text and Tag System. The company plans to install the systems as inventory arrives, with completion slated for this summer. Notably, these new orders do not include orders…

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WednesdayJun 30, 2021 1:50 pm

GreenCarNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Business Vitality Demonstrated in Robust Growth

Ideanomics (NASDAQ: IDEX) recently released its Q1 2021 financials for the three months ending March 31, 2021. The company reported $32.7 million in Q1 2021 revenue, up from $378,000 in Q1 2020. Its gross profits also grew severalfold to $10.8 million in Q1 2021, up from $44,000 in Q1 2020. According to an article discussing these impressive results, “This robust growth demonstrates the vitality of Ideanomics’ business, as well as its ability to bounce back.” The U.S. market accounted for 90.6% of the total revenue, followed by China with a 9.3% contribution and Malaysia with $7,000. In terms of revenues…

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TuesdayJun 22, 2021 2:42 pm

GreenCarNewsBreaks – Why DSG Global Inc. (DSGT) Is ‘One to Watch’

DSG Global (OTCQB: DSGT) is an emerging global technology company with interconnecting businesses in rapidly growing market segments. A recent article discusses the company’s roots in the golf industry and move into road-ready electric vehicles for delivery in the third quarter of 2021. “In 2019, the company secured exclusive North America distribution rights for Jonway Automobile Co. road-ready electric vehicles (‘EVs’). Jonway, based in Zhejiang, China, began manufacturing new vehicles s in 2003 and today produces electric powered cars, trucks, vans, SUVs, and scooters. Jonway vehicles are exported to more than 80 countries and are built to comply with U.S.…

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MondayMay 24, 2021 1:45 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Stays True to Eco-Friendly Resolve

Ideanomics (NASDAQ: IDEX), a global company made up of two divisions, Ideanomics Mobility and Ideanomics Capital, holds to a mission to drive the sustainability transformation globally. True to its resolve, the company graced NASDAQ’s virtual closing bell ceremony on April 23 and subsequently rang the bell, wrapping up Earth Week. Also in line with this environmental focus, Ideanomics subsidiary Solectrac recently donated its first Compact Electric Tractor (“CET”) production unit to Kōkua Learning Farm, a non-profit Hawaiian foundation that supports environmental education. A recent article quoted the farm’s co-founder Jack Johnson as saying, “We are so excited about our new…

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TuesdayMay 04, 2021 12:34 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Holds Unique View Across EV Value Chain

Ideanomics (NASDAQ: IDEX) is a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products. The global company is driving next generation solutions to energy consumption and, through its Ideanomics Mobility division, has evolved into a synergistic ecosystem of subsidiaries and investments in the electric vehicle (“EV”) industry. A recent article regarding this quotes Ideanomics CEO Alf Poor, stating “We have a unique view across what we believe is the EV value chain because we have operations in China, South Asia, in Malaysia, in Europe and in North America, and we have interesting…

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WednesdayApr 28, 2021 2:25 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Eyes Predictable Revenue Stream Through Battery Leasing Model

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, is looking to make its revenue stream more predictable. The company hopes to accomplish this through a battery leasing model in Asia. Speaking during a March 25 webinar focused on batteries and charging solutions, CEO Alf Poor elaborated on Ideanomics’ target and observed that the reducing cost of batteries was welcome news for the electric vehicle (“EV”) industry. “This is great for the EV industry because this will put us at a parity with the cost of the competitor…

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