GreenCarNewsBreaks Archive - Page 29 of 43

TuesdayAug 17, 2021 10:00 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Releases Financial Report for Second Quarter 2021

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has reported its Q2 2021 operating and financial results for the period ended June 30, 2021. Highlights of the report included revenues for the quarter totaling $33.2 million with gross profit reaching $9.3 million, and $396 million in cash at quarter end that provides capital for investment in the company’s Mobility and Capital business units. The report also noted key operational highlights, including the fact that Ideanomics offers the only EV tractor that is made in America and that recent acquisition US…

TuesdayAug 17, 2021 9:52 am

GreenCarNewsBreaks — DSG Global Inc. (DSGT) Releases Q2 2021 Financial Results, Notes 299% Growth in Revenue

DSG Global (OTCQB: DSGT), an emerging player in the electric vehicle (“EV”) segment with a large lineup of affordable and diverse vehicles, has reported its financial report for the quarter ended June 30, 2021; the report was highlighted by the announcement of 299% revenue growth for the company compared to the same period last year. The company reported second-quarter sales of $494,838 compared to $123,955 for Q2 2020, an increase of $370,883 or 299%. The company attributed much of the growth to new installations of its Infinity, Tag and Text GPS system. In addition to the increased sales, the company…

MondayAug 16, 2021 12:19 pm

GreenCarNewsBreaks – DSG Global Inc.’s (DSGT) Imperium Motors Defining Value in Electric Future

DSG Global (OTCQB: DSGT) recently announced that Christian Dubois, an auto executive with more than three decades of experience in the automotive industry, has accepted the role of president of Imperium Motors Canada, a division of DSGT’s Imperium Motor Corp. Dubois has worked with Canada’s largest automotive group, Dilawri Group of Companies, BMW Canada and Mercedes-Benz Canada. He joins Imperium Motor Corp. as it focuses on making its mark in the U.S. EV space. The company is committed to offering EVs that feature a great design and a green mindset, as well as outstanding performance and functionality. Imperium Motor offerings…

FridayAug 13, 2021 10:57 am

GreenCarNewsBreaks – DSG Global Inc.’s (DSGT) Imperium Motors to Showcase Latest EV Technologies at Upcoming Montreal and Quebec Electric Vehicle Shows

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, today announced that Imperium Motors Canada will attend the Montreal Electric Vehicle Show in September and the Quebec Electric Vehicle Show in early October as demand for its electric vehicles (“EVs”) continues to escalate. According to the update, the Montreal Electric Vehicle Show is the largest EV gathering in Canada and runs from September 17-19, 2021, at the Olympic Stadium. The Quebec Electric Vehicle Show, to be held at the Centre de foires de Québec from October 1-3, 2021, attracts…

WednesdayAug 11, 2021 2:03 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Leveraging Strong Pillars to Shape Future of Energy-Driven Commercial Fleets

Ideanomics (NASDAQ: IDEX), a global company focused on the convergence of financial services and industries experiencing technological disruption, is leveraging an innovative business model to capitalize on growth opportunities. “With its three strong pillars of EV (vehicles, charging and energy), IDEX is shaping the future of energy-driven commercial fleets through its two divisions, Ideanomics Mobility and Ideanomics Capital,” reads a recent article. The piece goes on to discuss the company’s focus on innovation through its business operations. These include US Hybrid, which specializes in the design and manufacturing of zero emission powertrain components for electric, hybrid, and fuel cell medium…

TuesdayAug 10, 2021 2:08 pm

GreenCarNewsBreaks – DSG Global Inc.’s (DSGT) Imperium ET5 Featured in Driving Article

DSG Global’s (OTCQB: DSGT) Imperium Motors Canada was featured in a recent Driving article titled “First Drive: 2021 Imperium ET5.” The piece, authored by Andrew McCredie, discusses his driving experience of the Chinese electric vehicle (“EV”) that offers a sub-$45k price tag and is poised to shake up the Canadian EV market. “Imperium Motors Canada has worked out a deal with Skyworth Motors in China to bring in that company’s all-electric SUV called the ET5. I had the chance to be the first North American journalist to drive the ET5, and while it wasn’t a multi-day test, my time behind…

FridayAug 06, 2021 2:09 pm

GreenCarNewsBreaks – DSG Global Inc.’s (DSGT) Superior EV Model Offers High Upside, Low Risk

DSG Global (OTCQB: DSGT) was the subject of a recent research note published by Goldman Small Cap Research, a stock market research firm specializing in the small and microcap sectors and whose content was discussed in a recent article. Titled “Lordstown Motors Debacle Confirms DSG’s Model Built for Success,” the research note observed that recent news that EV darling Lordstown Motors may not continue as a going concern in a year’s time due to large, accumulated losses, low cash on hand and significant future costs owned to vendors, affirms Goldman’s thesis that the DSG EV model offers low risk with…

FridayAug 06, 2021 10:36 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Subsidiary Awarded Sourcewell Contract

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, and its subsidiary, Wireless Advanced Vehicle Electrification (“WAVE”), have announced the signing of a cooperative purchasing contract with Sourcewell. WAVE is a leading developer of high-power inductive charging solutions for medium- and heavy-duty vehicles; Sourcewell is a self-sustaining government organization that has offered cooperative purchasing with more than 400 competitively solicited contracts to government, education and nonprofit entities throughout North America. The four-year contract outlines the process for WAVE to offer its high-power EV wireless charging systems to transit agencies and ports without…

WednesdayAug 04, 2021 1:52 pm

GreenCarNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Launches New e70N Electric Tractor

Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that its subsidiary Solectrac launched the all-new e70N electric tractor. The specially designed, narrow model is purpose-built for easy handling and maneuverability on vineyards and farm operations. This news follows the company's July 1, 2021, announcement that long-time agriculture and construction industry veteran Mani Iyer was appointed as CEO of Solectrac. “The e70N is yet another innovative electric tractor breakthrough from Solectrac, this time focused on commercial-level, heavy-duty farm and vineyard operations,” said Solectrac CEO Mani Iyer. “This category of zero-emission…

TuesdayAug 03, 2021 3:25 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Post-Merger Company Notes $60M LOA with Height Dispensary for 1,200 Mullen Vans

Net Element’s (NASDAQ: NETE) post-merger company, Mullen Technologies Inc., has entered into a letter of agreement with Height Dispensary LTD to purchase 1,200 Mullen ONE electric vans, an agreement worth an estimated $60 millon; the LOA also noted that Height has selected Mullen as its exclusive provider for electric vehicles (“EVs”). Net Element is a financial technology company in the process of becoming a pure-play electric vehicle manufacturer through a pending definitive agreement with privately held Mullen Automotive Inc., an emerging electric vehicle manufacturer. Texas-based Heights specializes in high-quality legal CBD and THC products online with plans to open a retail…

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