NewsRoom Articles - Page 117 of 126

ThursdayOct 15, 2020 1:13 pm

Net Element Inc. (NASDAQ: NETE) Well-Poised to Capitalize as EV Market Set to Grow by 29% per Annum Over Next Decade

Net Element’s reverse merger with EV manufacturer Mullen Technologies expected to close by 4Q2020 Mullen expects to begin marketing Dragonfly K50, sold in conjunction with JV partner Qiantu Motors from 2Q2021 followed by its own EV SUV in 2022 Deloitte expects annual EV sales to rise from 2.5mn in 2020 to 31.1mn in 2030, implying 29% CAGR over next ten years By 2030, EVs expected to account for 32% of all automobile sales globally, approximately 27% in United States Net Element (NASDAQ: NETE), a financial technology company which has recently transformed its business model to become a pure-play electric vehicle…

ThursdayOct 15, 2020 12:30 pm

Subsidies Make Some Electric Vehicles Nearly Free in Germany

With most developed countries looking to a carbon emission-free future, electric vehicles (“EVs”) have emerged as the next phase of vehicular travel. Powered by clean, renewable energy and with zero emissions, and cheaper to run and maintain in the long run compared to traditional vehicles, electric cars play a huge role in reducing how much carbon is produced on our roads. However, the initial purchase price of most EV models prevents a large chunk of the population from going green. To combat this barrier to widespread EV adoption, several governments have created subsidy programs to make electric vehicles more affordable.…

WednesdayOct 14, 2020 2:30 pm

UK Company Crunches Numbers, Proves Lifetime Affordability of EVs

The past decade or so has been pivotal for the auto vehicle industry. The emergence and increasing popularity of automakers like Tesla who only produce electric vehicles (“EVs”) has inspired most automakers to add electric vehicles to their roster of vehicles. This comes at a time when most developed governments are becoming increasingly conscious of pollution and climate change and are taking steps to reduce their carbon footprints. According to a UK company, not only are EVs energy efficient and produce zero emissions, but they are generally cheaper to run and maintain than diesel or petrol cars. After crunching the…

TuesdayOct 13, 2020 2:15 pm

How Electric Vehicles Will Transform the Auto Maintenance Industry

Technology tends to be disruptive to the old systems, irreversibly altering the way businesses and consumers operate. What did we do before computers came along? How on earth did we get to places without planes, cars, or even bikes? All of the systems that were once set in stone and seemed like the only way to do things slowly faded away with the advent of technology. As we electrify our roads, the auto vehicle industry faces the same disruptions. Without a doubt, electric vehicles represent the next frontier of vehicular travel. As most governments look towards net zero economies, electric…

MondayOct 12, 2020 12:45 pm

Professor Acquires $1M Grant to Develop Superior EV Battery

Most developed countries plan to phase out traditional carbon fuel-powered vehicles for electric vehicles (“EVs”) over the next decade or two. As EVs run on clean, renewable energy, they produce zero emissions, which is in line with the governments’ long term plans to reduce carbon emissions. However, despite being relatively cheaper to fuel (charge) and maintain than traditional vehicles, most of the EVs on the market are way too expensive for the average consumer. So, even if they wish to switch over to clean energy, a large chunk of the population simply cannot afford it. To make them more affordable,…

FridayOct 09, 2020 11:30 am

Interesting Facts You May Not Know About EV Stocks

For those looking for stocks to invest their cash in, the electric vehicle (“EV”) industry may seem quite enticing. Electric vehicles represent the next frontier of vehicular travel, after all, and most developed countries are planning on phasing out carbon fuel-powered vehicles for EVs over the next decade or two. And if you’ve been paying attention to the stock market for the past year or so, you’ve probably noticed the upward trend of Tesla, which is the 12th most valuable company in the country by market capitalization. However, shopping for EV stocks requires a keen eye and some knowledge of…

ThursdayOct 08, 2020 2:30 pm

3 Factors to Consider When Buying Second-Hand Electric Vehicles

Whether you’re a prospective vehicle buyer or already own a conventional vehicle, you have probably heard of electric vehicles. The answer to drivers who want to reduce their carbon footprint, electric vehicles (“EV”) run on clean, renewable energy, and produce zero emissions. On top of that, they are cheaper to fuel (charge) and maintain over the long run compared to traditional internal combustion-powered vehicles. Unfortunately, new EVs come with a pretty hefty price tag, with the cost being one of the main barriers to the widespread adoption of electric vehicles. Even the most affordable electric vehicles sell for between $30,000…

WednesdayOct 07, 2020 9:45 am

Is it Dangerous to Charge Your EV in the Rain?

It is a well-known fact that electricity and water do not go well together. Most electronics shouldn’t be put in water and manufacturers constantly caution consumers against using their electronics in or near a wet environment. And for the most part, it’s not that hard to keep your toaster, television, or hairdryer away from water. But what if you are driving an electric vehicle (“EV”) and have to charge in the rain? Electric vehicles are set to phase out internal combustion vehicles over the next decade or two. Although the technology behind EVs is decades old, the industry is still…

TuesdayOct 06, 2020 2:02 pm

Net Element Inc. (NASDAQ: NETE), Mullen Technologies Announce Facility Build-Out, Pre-Sales of Fully Electric EV

Mullen Technologies begins built-out of pilot facility, accepting orders for MX-05 SUV. Facility slated for April 2021 completion; first MX-05 SUVs rolling off production line by Q2 2022. In August, Net Element, Mullen Technologies announced execution of definitive agreement to merge. The announcement by Mullen Technologies Inc. that it has begun to build out its pilot manufacturing facility and take pre-orders for its M05 fully electric SUV bodes well for Net Element (NASDAQ: NETE). Earlier this year, Net Element, a global financial technology and value-added solutions group, and Mullen Technologies announced a merger agreement—so good news for Mullen means good…

TuesdayOct 06, 2020 10:15 am

Cities Resort to Online Electric Car Education amid the Pandemic

Most developed countries are in a race to achieve net-zero emissions by the next decade or two. One aspect of achieving zero emissions is by phasing out internal combustion vehicles for electric cars. Though the electric vehicle (“EV”) industry has made a lot of progress in a few short years, it still has a long way to go before widespread EV adoption. EVs run on clean energy, produce zero emissions, and are generally cheaper to run and maintain than conventional vehicles, but customers have been wary of switching to green energy due to a few legitimate concerns and just a…

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