GreenCarNewsBreaks Archive - Page 31 of 43

ThursdayJul 08, 2021 12:06 pm

GreenCarNewsBreaks – DSG Global Inc. (DSGT) Announces Plans for Automotive Division to Deliver Vehicles on Grander Scale

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, together with its automotive division, Imperium Motor Corp., today announced preparation of vehicles for sales from partners Skywell Auto and Jonway Automotive Group in the coming months. “The company is finally in a position, with increasing production and inventory, regular shipments and proper lines of credit with the various manufacturers to begin delivering vehicles on a grander scale,” said Rick Curtis, CEO of Imperium Motors. “The current backlog is being processed and the company anticipates deliveries to individuals, fleets, dealers…

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…

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…

ThursdayJul 01, 2021 9:28 am

GreenCarNewsBreaks — DSG Global Inc. (DSGT), Imperium Motor Corp. Garner Attention with SUV EV Offering

DSG Global (OTCQB: DSGT), an emerging player in the electric vehicle (“EV”) segment with a large lineup of affordable and diverse vehicles, and its subsidiary, Imperium Motor Company, were featured in a recent “Jalopnik” article. The article, titled “A Chinese Appliance Company Makes America’s Newest EV,” noted that a Chinese car shop had quietly set up in Northern California with the opening of Imperium Motor Company’s experience center, which held its grand opening on June 18. The article notes that the company, which is perhaps best known for selling TVs, has entered the U.S. market with its electric SUV. “Now, Car…

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…

TuesdayJun 29, 2021 11:27 am

GreenCarNewsBreaks – DSG Global Inc. (DSGT) Enters MOU for Acquisition of Canada-Based MTG Inc.

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, today announced its entry into a binding memorandum of understanding (“MOU”) for the acquisition of Ontario, Canada-based MTG Inc. This move comes less than two weeks after DSG Global’s electric vehicle division, Imperium Motor Company, held the grand opening of its Experience Center for new EVs under the Imperium brand in Fairfield, California. MTG, a well-established automotive import/export company in the U.S., Canada and Mexico, leverages over 25 years of experience and extensive commercial fleet and retail connections throughout the…

FridayJun 25, 2021 11:38 am

GreenCarNewsBreaks – DSG Global Inc. (DSGT), Imperium Motor Corp. Add Another ‘Best in the Industry’ Leader to Assist in Global EV Sales

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, together with its automotive division, Imperium Motor Corp., today announced the appointment of industry veteran Christian Dubois as president of Imperium Motors Canada. According to the update, Dubois has over 30 years of experience as an executive at some of the most prestigious automotive entities, including The Dilawri Group of Companies, BMW Canada and Mercedes-Benz Canada. Most recently, Dubois served as regional director of operations and regional director of acquisitions and dealer development with The Dilawri Group of Companies, Canada's…

ThursdayJun 24, 2021 11:08 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Chief Scientist Receives Industry Recognition

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, announced that its chief scientist, Dr. Abas Goodarzi, has been named the recipient of the 2021 IEEE PELS (“IEEE PELS”) Vehicle and Transportation Systems Achievement Award. Goodarzi, who has worked in the industry for almost four decades, was honored for his contributions to the advancement of electric powertrains for medium and heavy-duty vehicles. The award, established by the Institute of Electrical and Electronics Engineers Power Electronics Society, recognizes innovators and researchers who have made outstanding technical contributions to the advancement of power…

WednesdayJun 23, 2021 4:06 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Featured in Article as Deserving of Investor Attention

Ideanomics (NASDAQ: IDEX), a company driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, was highlighted in a Motley Fool article titled, “These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today.” The piece covers today’s rise of the Nasdaq Composite Index up another quarter percent, and why IDEX and Loop Industries Inc. (NASDAQ: LOOP) deserve attention from investors. “Meanwhile, shares of Ideanomics were up more than 12% Wednesday afternoon. The electric vehicle mobility and fintech company has largely flown under investors' radars, but today's move reflects greater interest in the industry generally and in…

WednesdayJun 23, 2021 2:46 pm

GreenCarNewsBreaks – DSG Global Inc. (DSGT), Imperium Motor Corp. Announce Major Step in Continued Commitment to Transportation Electrification

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest growing market sectors, today announced that the Skywell 12 Meter Fully Electric City Bus and Terra Trucks have arrived in Port Hueneme, California. According to the update, the Skywell 12 Meter model is one of the highest-quality and most efficient fully electric buses in the industry. Skywell is a top global supplier of electric buses and is known for its great designs and durability. The highly anticipated Terra Trucks, both two- and four-wheel drive models, will be undergoing further development,…

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