GreenCarNewsBreaks Archive - Page 52 of 57

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…

FridayJan 08, 2021 9:58 am

GreenCarNewsBreaks – ev Transportation Services Inc. (‘evTS’) to Present at Upcoming Needham Virtual Growth Conference

ev Transportation Services (“evTS”), a specialty vehicle OEM focused on the essential services and urban mobility markets, on Thursday announced its participation in the upcoming 23rd Annual Needham Virtual Growth Conference taking place on January 11-15, 2021. According to the update, evTS Chairman and CEO David Solomont was invited to participate in a Fireside Chat with Needham Analyst Jim Ricchiuti at 1:15 p.m. Eastern Time on Monday, January 11, 2021. Solomont will also be meeting with the investment community in a series of virtual one-on-ones, reviewing the company market entry plans and strategy for growth on Tuesday, January 12, 2021.…

WednesdayJan 06, 2021 10:05 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Appoints Auto Racing Entrepreneur to the PowerTap Advisory Board

Clean Power (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) today announced the appointment of George Steinbrenner IV to the advisory board of PowerTap Hydrogen Fueling Corp. Clean Power, on Oct. 28, 2020, announced its investment in PowerTap as part of its strategy in the hydrogen sector. Steinbrenner is the youngest team owner within the NTT INDYCAR Series. His own embrace of practicing sustainability, reinforced by leadership and examples within his family and related businesses, adds to a commitment of following the lead of INDYCAR in its announced planned move to implement single-source hybrid systems beginning in 2023. "We are pleased that…

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…

TuesdayJan 05, 2021 12:21 pm

GreenCarNewsBreaks – Ideanomics (NASDAQ: IDEX) Announces Agreement to Acquire Utah-Based Wireless Charging Provider WAVE

Ideanomics (NASDAQ: IDEX) has signed a definitive agreement to acquire privately held Wireless Advanced Vehicle Electrification Inc. ("WAVE"). The agreement outlines plans for a 100% acquisition in exchange for cash and stock considerations; full terms of the agreement are contained in the company’s 8-K filing. Based in Salt Lake City, WAVE provides inductive, or wireless, charging solutions for medium and heavy-duty electric vehicles (“EVs”). The fully automated, hands-free WAVE system is embedded in roadways and charges vehicles during scheduled stops; it provides a solution to battery-range limitations, enabling fleets to reach driving ranges comparable to those of internal combustion engines (“ICE”) vehicles. The…

WednesdayDec 30, 2020 12:06 pm

GreenCarNewsBreaks – Net Element (NASDAQ: NETE) Announces Mullen Technologies Receives LOI for Purchase of 1,500 MX-05 EVs

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. Mullen recently executed a nonbinding Letter of Intent (“LOI”) with Unlimited Electrical Contractors Corp (“UEC”), a premiere electrical contractor based in Pompano Beach, Florida. The LOI outlines agreements for the purchase of up to 10,000 of Mullen’s MX-05 electric vehicles (“EVs”), with an initial purchase order of 1,500 MX-05s, valued at an estimated $75 million. The LOI states that UEC may order an additional 8,500 vehicles by…

WednesdayDec 30, 2020 11:03 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Appoints Amp Energy Founder and CEO to PowerTap Hydrogen Fueling Corp. Advisory Board

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has announced the appointment of Amp Energy (“Amp”) founder and CEO Dave Rogers to the advisory board of PowerTap Hydrogen Fueling Corp. Before founding Amp, Rogers was the head of carbon markets at Front Street Capital, a $3.5-billion investment manager. In that capacity, he oversaw the origination, sale and trading of carbon credits globally. Rogers believes that hydrogen will play a critical role in the future as the world moves away from fossil-based generation and transportation, and that the proprietary PowerTap technology provides critical advantages over the rest…

TuesdayDec 29, 2020 10:44 am

GreenCarNewsBreaks – ev Transportation Services Inc. (‘evTS’) Announces Strategic Board Appointments

ev Transportation Services (“evTS”), a specialty vehicle manufacturer focused on the essential services transportation and urban mobility markets, today announced the appointments of Shelley Berkley and Gary Herman to the company’s board of directors, effective immediately. Berkley served for three decades in Nevada state government and on Capitol Hill and brings a wealth of legislative and governmental regulatory experience. Herman is a seasoned investor with many years of investment and advisory experience. "We are pleased to welcome Shelley and Gary to evTS’ board," said David Solomont, evTS chairman, founder and CEO. "They join evTS at an exciting time, as we…

TuesdayDec 29, 2020 9:33 am

GreenCarNewsBreaks – Ideanomics’ (NASDAQ: IDEX) Mobile Energy Global Division Enters Purchase Agreement with JV Controlled by One of China’s Largest Privately Owned Enterprises

Ideanomics (NASDAQ: IDEX) announced that Meihao Chuxing, a joint venture between BYD and Didi, has entered an agreement with its Mobile Energy Global (“MEG”) division to provide an initial 2,000 units of model BYD D1. Alf Poor, Ideanomics CEO, commented, “We are very pleased to work with Meihao Chuxing and BYD to promote the sales of the D1. Supported by a viable government subsidy program, the proliferation of EVs in China is a testament to the value that public and private partnerships can bring to large scale global challenges. We look forward to developing these types of partnerships and the…

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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