GreenCarNewsBreaks Archive - Page 53 of 57

WednesdayDec 23, 2020 12:40 pm

GreenCarNewsBreaks – ev Transportation Services Announces Approval from Boston Group to Sell Proprietary EV Through Group Purchasing Program

ev Transportation Services Inc. has obtained approval to sell its proprietary lightweight, all-electric commercial utility vehicle under the Metropolitan Area Planning Council (“MAPC”) and the Greater Boston Police Council (“GBPC”) Group Purchasing Program 2021 contract for Electric and Alternative Fuel Vehicles and Equipment. This marks the first time that an EV manufacturer from Massachusetts has been included in the MAPC. The company’s FireFly(r) ESV will be available through the “shop and buy” program, which enables communities nationwide that have GBPC membership to purchase the vehicle without having to worry about the specific details surrounding the process. The MAPC manages the entire bidding…

WednesdayDec 23, 2020 10:54 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Announces Addition to CSE Composite Index, CSE25 Index

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has been added to two Canadian Securities Exchange (“CES”) indices: the CSE Composite Index(r) as well as the CSE25(TM) (“CSE25”) index. The CSE Composite Index includes coverage of about 75% of all equities listed on the CSE; much of the index consists of life sciences firms. The CSE25 index is a division of the CSE Composite Index and is comprised of securities of the top-25 companies determined by market capitalization, including MOVE; as of pre-open on Dec. 22, 2020, the CSE25 has a combined portfolio capitalization of about CAD$28.1…

MondayDec 21, 2020 2:00 pm

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Announces Engagement of Canaccord Genuity Corp.

Clean Power (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A), further to its previous update regarding the launch of a review and development of its capital markets strategy in the U.S., on Friday announced that it has appointed Canaccord Genuity Corp. as financial advisor. Canaccord has been engaged on a broad mandate to advise Clean Power on M&A opportunities and capital raise solutions. The global investment bank has financed and advised an extensive list of other companies operating in the sustainability-focused technology sector including FuelCell Energy Inc. (NASDAQ: FCEL), Greenlane Renewables Inc. (TSX.V: GRN), Plug Power Inc. (NASDAQ: PLUG) and Soraa Inc.…

WednesdayDec 16, 2020 2:43 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Poised as World Moves from Gas Guzzlers

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. The move comes at a time when falling battery prices, government mandates and consumer incentives are propelling the industry forward. A recent article discussing the company reads, “Through its subsidiaries that include Mullen Auto Sales, Mullen Finance Corp., a digital marketplace called CarHub and battery-focused Mullen Energy, Mullen Technologies has already made significant headway in the U.S. Among the company’s expansion plans is the production of…

MondayDec 14, 2020 3:32 pm

GreenCarNewsBreaks – Why Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Is ‘One to Watch’

Clean Power (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) is a holding company that focuses on investing in and providing early-stage financing to both public and private businesses. Since its original January 23, 2019, listing with the Canadian Stock Exchange (“CSE”), the company has made investments in multiple different businesses in a variety of industries, including the energy and cannabis sectors. The company’s primary goal is to identify and capitalize on high-return investment opportunities presenting the ability to achieve capital appreciation and liquidity. A recent article discussing the company reads, “Clean Power Capital continues to be opportunistic in evaluating prospects across…

ThursdayDec 10, 2020 1:41 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) to Drive into US EV Market in Style, Speed via K50 Dragonfly

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. The merger is optimally timed as more and more regulations aim to require and encourage adoption of purely electric automobiles as a replacement to conventional combustion engine-powered cars. A recent article discussing the company’s positioning reads, “Net Element and Mullen Technologies have revealed plans to begin their foray into the U.S. electric vehicle market through their partnership with Chinese EVET manufacturer, Qiantu Motors, with the aim…

WednesdayDec 02, 2020 1:00 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Eyes Opportunity in EV Sector

Net Element (NASDAQ: NETE) is transforming its business model to enter the electric vehicle (“EV”) industry through a reverse-merger with California-based Mullen Technologies Inc. The strategic move positions the company to benefit amid the dropping price of EV batteries, which has decreased 87% in less than a decade (https://ibn.fm/GRCa9) and is projected to drop even further due to technological innovations destined to make EVs a viable alternative to gas-powered vehicles. A recent article discussing this reads, “Mullen Technologies is already well on its way to making substantial progress on battery technology through subsidiary Mullen Energy. Along with Mullen Auto Sales,…

TuesdayDec 01, 2020 12:28 pm

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Notes Key Developments for Recent PowerTap Investment

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has released an update on PowerTap Hydrogen Fueling Corp. Clean Power invested in PowerTap earlier this year. PowerTap is currently working to complete its newest design of a patented onsite hydrogen production and dispensing technology designed for use in the North American hydrogen-vehicle market. This third-generation version includes significant advantages over earlier PowerTap units as well as other hydrogen-fueling technologies available in the space. For instance, the station can go live in mere weeks and can be fully assembled and tested prior to delivery, bypassing the need for…

TuesdayNov 24, 2020 3:20 pm

GreenCarNewsBreaks – ev Transportation Services Inc. (‘evTS’) Engages InvestorBrandNetwork for Corporate Communications Expertise

ev Transportation Services (“evTS”), a specialty vehicle OEM, today announced it has selected the corporate communications expertise of the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. Under the partnership, IBN will leverage its investor-based distribution network of 5,000+ key syndication outlets, various newsletters, social media channels, wire services via InvestorWire, blogs and other outreach tools to generate greater awareness for evTS. “The essential services vehicle fleet represents an annual domestic replacement market of approximately 100,000 vehicles. These vehicles roughly translate to a $2.5 billion market opportunity each year,” said Chris Johnson, director of…

FridayNov 20, 2020 3:10 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Featured in Research Report

Net Element (NASDAQ: NETE) was featured in a recent report by Zacks Small-Cap Research that discussed the company’s third quarter showing sequential rebound as the merger proceeds with privately-held Mullen Technologies Inc. The report reads, “At its current enterprise value of $43.6 million, the stock is getting no premium for its pending merger and is valued only on its card processing business. Using the electric vehicle peer valuation of 10x EV/sales, and owning 15-21.7% of the post-merger company, the company could be worth $30.00 per share once the deal closes and twice that by 2023.” To view the full report,…

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