NewsRoom Articles - Page 112 of 112

MondayJul 27, 2020 10:00 am

Can the US Learn Valuable Lessons from New Zealand About Popularizing EVs?

It is true that it is no longer news to spot an electric vehicle ("EV") cruising down the street or highway in the U.S., but are Americans buying as many EVs as they could? For comparison’s sake, statistics show that the number of EVs bought in Australia in 2019 tripled those that were bought the year before. In contrast, sales of electric vehicles in the U.S. dropped by 6.9% in 2019 when compared to the units sold the year before. Here is what could be wrong, and lessons on the way forward for the industry. Obstacles to the Wider Adoption…

WednesdayJul 22, 2020 10:58 am

Fisker Inc. Preparing to List on NYSE through Merger with Spartan Energy Acquisition Corp. (NYSE: SPAQ)

Fisker is revolutionizing the automotive industry by developing some of the most desirable and eco-friendly electric vehicles in the world. On July 13, 2020, Fisker announced it would become a NYSE publicly traded company by merging with special purpose acquisition company (SPAC) Spartan Energy Acquisition Corp. (NYSE: SPAQ). The proposed transaction is anticipated to provide Fisker the necessary funding to bring its first product, the Fisker Ocean, to production. The vehicle has won numerous awards since its debut at the Consumer Electronics Show earlier in 2020, highlighting strong market reception for this type of vehicle and for the Fisker ethos…

MondayJul 20, 2020 1:38 pm

ElectraMeccanica Vehicles Corp. Ltd. (NASDAQ: SOLO) Focuses on Urban Commuters with Solo Single-Seat EV

The company’s flagship electric vehicle, the Solo, is positioned to revolutionize commuting, delivery and shared mobility. The company’s plans to mass produce electric vehicles in the near future, combined with its 61-year history of automotive design, manufacture and delivery, significantly differentiate it from other electric vehicle producers. ElectraMeccanica has received pre-order bookings through an online “direct sales to customers and corporate sales” platform and from a store and showroom at the company’s headquarters. The company’s extensive development capabilities, in-house production capacities and unique product offering make it an attractive investment candidate and a leading player in the EV sector. Allied…

MondayJul 20, 2020 1:01 pm

Workhorse Group Inc. (NASDAQ: WKHS) Targeting Last-Mile Delivery Sector with Drone-Integrated EVs

Workhorse Group designs and builds high performance battery-electric vehicles, including trucks and aircraft. The company develops cloud-based, real-time telematics performance monitoring systems that are fully integrated with its vehicles and enable fleet operators to optimize energy and route efficiency. In April 2020, the company partnered with UPS to determine how Workhorse’s unmanned aerial systems can assist medical professionals in the fight against the coronavirus. Leaders see the company’s autonomous drones as a valuable solution. Workhorse is now the first and only medium duty battery-electric vehicle original equipment manufacturer to receive approvals from both the Environmental Protection Agency and the California…

MondayJul 20, 2020 12:57 pm

Nikola Corporation (NASDAQ: NKLA) Set to Capitalize on Benefits of Hydrogen Fuel Cell Vehicles

Nikola designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems and hydrogen fueling station infrastructure. Nikola operates in three business units: Truck, Energy and Powersports. On June 4, 2020, the company’s shares began trading on Nasdaq under new ticker symbol ‘NKLA’ following a business combination agreement with VectoIQ Acquisition Corp. Many senior auto executives believe that hydrogen fuel cell vehicles, like Nikola’s, represent a better long-term prospect than pure electric cars. The company has $14 billion in preorder reservations for the Nikola Hydrogen Electric Truck. Nikola Corporation (NASDAQ: NKLA) is an American hybrid truck…

MondayJul 20, 2020 12:51 pm

Tesla Inc. (NASDAQ: TSLA) Positioned as World’s Only Fully Integrated Sustainable Energy Company

As the world’s only fully integrated sustainable energy company, Tesla is at the vanguard of the world’s inevitable shift toward a sustainable energy platform. Tesla has broken barriers in developing the world’s safest, highest-rated and highest-selling pure electric vehicles with long range and zero tailpipe emissions. Tesla also manufactures a unique set of energy products enabling homeowners, businesses and utilities to manage renewable energy generation, storage and consumption. In the first quarter of 2020, Tesla recorded its highest ever revenue for the seasonally slower first quarter. Tesla Inc. (NASDAQ: TSLA), based in Palo Alto, California, is a developer of high-performance…

MondayJul 20, 2020 10:55 am

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Makes Vehicle Purchase and Sale Possible with Only a Few Clicks or Swipes on a Smart Phone

Online automotive marketplace for buying, selling, financing, insuring new and used vehicles 87% of Americans would rather avoid going to car dealer 61% feel they are taken advantage of by dealers PowerBand Auto Platform offers access to 18,000 Dealers, 1,500 finance sources Sitting in comfort at home with no hard-sell sales rep provides satisfying platform experience Now that PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) has launched its online vehicle marketplace, buying a vehicle has become a whole lot easier. Instead of a visit, filled with trepidation, to the local dealer, consumers can stay safely and comfortably at home…

ThursdayMar 05, 2020 9:00 am

Increasing Demand for Electric Vehicles Fueling Significant Growth in Battery Mineral Industry

The impressive increase of electric vehicles (EV) is creating a significant increase in demand for battery minerals, a demand that is fueling growth for resource-development companies, especially for those with operations in Indonesia, one of the world’s top producers of battery minerals. Bolt Metals Corporation (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) (BOLT Profile), one of the companies working in Indonesia, recently announced a name change as it evolves into a resource developer in this growing market. Several leading auto makers are contributing to the surging EV market as they focus on manufacturing quality electric vehicles. For the third year in…

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