News Archives - Page 38 of 49

TuesdayAug 31, 2021 1:25 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Announces Approval of Merger with Mullen Automotive Inc.

Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments, today announced that its stockholders have approved the proposed merger of the company’s wholly owned entity with Mullen Automotive Inc. (the “merger”). According to the update, a majority of the votes cast were in favor of the merger. The company will proceed to work on the final requirements to conclude the transaction with Mullen Automotive as referenced in the company’s Form S-4/proxy statement and the merger filings of the company with the Securities and Exchange Commission. To view the full news release, visit https://ibn.fm/LbZTo About…

MondayAug 30, 2021 10:55 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces Transformative Deal to Acquire VIA Motors

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, today announced its entry into an agreement to acquire VIA Motors International Inc. (“VIA”) in an all-stock transaction for a 100% ownership stake. The transaction is subject to customary closing conditions, including Ideanomics’ shareholder approval. Headquartered in Orem, Utah, VIA will manufacture electric commercial vehicles including Class 2 through Class 5 cargo vans, trucks and buses. With deep experience in the vehicle electrification market, the company continues to develop business relationships with commercial fleets and distributors in the United States, Canada…

ThursdayAug 26, 2021 11:58 am

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen to Unveil Strikingly Different(TM) FIVE at 2021 Los Angeles International Auto Show(R) and CES(R) 2022

Net Element (NASDAQ: NETE) is in the process of transforming its business model to become a pure-play electric vehicle ("EV") manufacturer through a pending stock-for-stock reverse merger with privately held Mullen Technologies Inc. Mullen today announced the debut date of the Mullen FIVE EV Crossover. According to the update, the company will debut to the world, for the first time, the FIVE EV Crossover on Nov. 17, 2021, at the Los Angeles International Auto Show (“LAIAS”). The Strikingly Different(TM) FIVE will debut in the South Hall on day one of international media and press days at LAIAS and will continue…

ThursdayAug 26, 2021 11:50 am

GreenCarNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) WAVE Subsidiary Names Accomplished Clean Transportation Exec as CEO

Ideanomics’ (NASDAQ: IDEX) subsidiary, WAVE, a leading high-power inductive charging solution provider for medium- and heavy-duty vehicles, has named Aaron Gillmore its CEO effective immediately. Gillmore is an accomplished executive in clean transportation with broad expertise in electric commercial vehicles, EV charging, renewable energy, and battery storage. The appointment sets the path for WAVE to accelerate its scalability and growth across a wide range of industries and markets. In addition, the company announced that Michael Masquelier will serve as its chief technical officer and lead engineering, operations and technology development as it is experiencing strong growth. “Aaron comes to the…

TuesdayAug 24, 2021 11:36 am

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Announce Upcoming World Debut of FIVE EV Crossover

Net Element (NASDAQ: NETE) is in the process of transforming its business model to become a pure-play electric vehicle ("EV") manufacturer through a pending stock-for-stock reverse merger with privately held Mullen Technologies Inc. Mullen today announced the arrival of the Mullen FIVE EV Crossover. According to the update, Mullen will begin the final stages of engineering and dry fit process of the Mullen FIVE in Irvine, California, starting in September. Mullen is excited for the upcoming world debut of the FIVE, built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a Strikingly Different(TM)…

TuesdayAug 24, 2021 11:12 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) to Showcase Cutting-Edge Technologies at 2021 ACT Expo

Ideanomics (NASDAQ: IDEX) today announced its participation and vehicle showcase at the Advanced Clean Transportation (“ACT”) Expo, the industry's largest advanced transportation technology and clean fleet event. The ACT Expo is slated to take place at the Long Beach Convention Center in Long Beach, California, from Aug. 30 – Sept. 2, 2021. Ideanomics CRO Kristen Helsel will participate in a breakout session titled “Clean Transportation as a Service,” taking place Wednesday, Sept. 1, at 2:15 p.m. Ideanomics will also serve as a sponsor at the Diversity in ACT Breakfast Session held on Wednesday, Sept. 1, from 7:30 a.m. – 8:45…

MondayAug 23, 2021 1:55 pm

GreenCarNewsBreaks – DSG Global Inc. (DSGT) Issues Wholesale Importer Sales Update Towards Achieving Large-Scale Distribution

DSG Global (OTCQB: DSGT) today announced significant sales in less than two months after its electric vehicle division, Imperium Motor Company, entered into a binding memorandum of understanding for the acquisition of Ontario, Canada-based MTG Inc. A large-scale North American vehicle wholesale operation, MTG is well-established with over 25 years of experience and extensive commercial fleet and retail connections throughout the global automotive industry. Michael Tersigni and Johnny Cooper, both preeminent automotive specialists, lead the new wholesale division of DSG Global. DSG’s strategy is to increase cash flow with positive revenue and enhance its EV business with the ability to…

ThursdayAug 19, 2021 11:21 am

GreenCarNewsBreaks – DSG Global Inc. (DSGT) Announces Upcoming Unveiling of the Sagitta(TM) EV

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, today announced that Milpitas, California- based California Mobility Works (“CMW”) and Imperium Motors will host the unveiling of the Sagitta(TM) EV on Nov. 17, 2021, at the LA Auto Show. According to the update, the three-wheel, four-passenger Sagitta will impress the automotive world with its innovative styling and superb engineering. Setting a new standard for aesthetics, passenger and cargo space, range, and value, the Sagitta aims to dramatically expand the accessibility of environmentally responsible EV technology to a broad range…

TuesdayAug 17, 2021 10:00 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Releases Financial Report for Second Quarter 2021

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has reported its Q2 2021 operating and financial results for the period ended June 30, 2021. Highlights of the report included revenues for the quarter totaling $33.2 million with gross profit reaching $9.3 million, and $396 million in cash at quarter end that provides capital for investment in the company’s Mobility and Capital business units. The report also noted key operational highlights, including the fact that Ideanomics offers the only EV tractor that is made in America and that recent acquisition US…

TuesdayAug 17, 2021 9:52 am

GreenCarNewsBreaks — DSG Global Inc. (DSGT) Releases Q2 2021 Financial Results, Notes 299% Growth in Revenue

DSG Global (OTCQB: DSGT), an emerging player in the electric vehicle (“EV”) segment with a large lineup of affordable and diverse vehicles, has reported its financial report for the quarter ended June 30, 2021; the report was highlighted by the announcement of 299% revenue growth for the company compared to the same period last year. The company reported second-quarter sales of $494,838 compared to $123,955 for Q2 2020, an increase of $370,883 or 299%. The company attributed much of the growth to new installations of its Infinity, Tag and Text GPS system. In addition to the increased sales, the company…

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