News Archives - Page 44 of 49

TuesdayMar 09, 2021 1:02 pm

GreenCarNewsBreaks – Ideanomics (NASDAQ: IDEX) Acquires 20% Stake in Energica Motor Company

Ideanomics (NASDAQ: IDEX) today announced that it has acquired 20% of Italian Energica Motor Company S.p.A., a developer of high-performance, 100% battery-powered motorbikes, for the consideration of $13.2 million. With this move, which marks continued investment in European-based OEM, Ideanomics expands its global footprint in the electric vehicle (“EV”) industry. "Energica has combined zero emissions EV technology with high-performance engineering synonymous with Italy's Motor Valley to create a range of exceptional products for the motorcycle market," said Alf Poor, CEO of Ideanomics. "It also has proprietary EV battery and DC fast-charging systems that have applications and synergies with Ideanomics Mobility.…

MondayMar 08, 2021 11:39 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Appoints Former Shell Oil Exec to PowerTap Board

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, announced that it has appointed David Bray, a former general manager and corporate officer for Shell Oil Products US, to the advisory board of PowerTap Hydrogen Fueling Company, an investee company. In his new role, Bray will provide insight and expertise in critical product development and services related to accelerating the development of PowerTap’s proprietary modular 1,250 kg hydrogen production and dispensing unit. Bray has more than three decades of experience in the business and strategy development and fuels and marketing sectors. While at Shell, he served as…

MondayMar 08, 2021 10:01 am

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Enter Strategic Partnership with NexTech Batteries

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 merger with privately-held Mullen Technologies Inc. Mullen has announced entry into a strategic partnership with NexTech Batteries Inc. as an EV battery supplier and key partner for battery development and technologies. Under the collaboration, Mullen plans to produce more than 100,000 vehicles over five years using NexTech lithium sulfur (“Li-S”) pouch format batteries, which are 60% lighter than today's EVs, improving vehicle efficiency and reducing overall energy consumption. NexTech's sulphur is sourced from oil refinement by-products,…

ThursdayMar 04, 2021 2:24 pm

GreenCarNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Featured in Simply Wall St Journal

Tesla (NASDAQ: TSLA), an American electric vehicle (“EV”) and clean energy company, was featured in this week’s Simply Wall St Journal that discussed its valuation and a split of believers and skeptics as to its limitless value versus those more pessimistic on its prospects. The article clarifies Tesla’s current standing and what the company needs to do to achieve its ambitious targets. “Tesla (NASDAQ: TSLA) is easily one of the most controversial companies in the world right now. Most either love it or hate it. These two groups seem to be split into those who owned it through 2020, and…

ThursdayMar 04, 2021 10:21 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Joins Investee in Support of City’s Ban of New Gas Stations

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, and its investee company PowerTap Hydrogen Fueling Corp. have announced their support for a recent announcement made by the city of Petaluma, California. The city has banned new gas stations in a move designed to encourage the deployment of hydrogen fueling and battery electric charging stations, a move that Clean Power Capital and PowerTap applaud. The city ban is in accordance with California’s previously announced directive that all new vehicles in the state be emission free by 2035. “The recent announcements by Petaluma, California, and the State of…

TuesdayMar 02, 2021 10:31 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Subsidiary PowerTap Announces Aligns with Carbonomics to Maximize Carbon Credit Opportunities

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has announced that one of its investee companies, PowerTap Hydrogen Fueling Corp., has partnered with Carbonomics to obtain Low Carbon Fuel Standard (“LCFS”) certification of certain hydrogen fueling stations in California, a global leader in establishing and maintaining a robust emissions credits market. A leader in helping clean-tech companies, Carbonomics will also assist Power Tap in evaluating additional environmental trading markets, including the voluntary carbon offset market and the US federal Renewable Fuel Standard (“RFS”). These efforts are designed for PowerTap to maximize the potential of emission reduction…

WednesdayFeb 24, 2021 12:24 pm

GreenCarNewsBreaks – ev Transportation Services Inc. (‘evTS’) to Integrate AutoVu(TM) License Plate Recognition System on FireFly ESV(R) Vehicles

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban e-mobility markets, today announced that it has received certification for integration of the Security Center AutoVu(TM) automated license plate recognition (“ALPR”) system on its FireFly ESV(R) vehicles. According to the update, the Security Center AutoVu ALPR system automatically reads license plates and identifies parking infractions, enhancing enforcement efficiency and increasing patrol coverage. AutoVu is the leading ALPR solution for parking enforcement and is deployed across the world by municipalities, institutions and parking operators. “Tackling urban congestion and use of ‘curb management’ solutions have become an…

WednesdayFeb 17, 2021 12:39 pm

GreenCarNewsBreaks – ev Transportation Services Inc. (‘evTS’) Enters Agreement for the Manufacture and Distribution of Its FireFly(R) ESV in the UK

ev Transportation Services (“evTS”), a specialty vehicle OEM focused on the essential services and urban mobility markets, today announced its entry into a cooperative agreement to have its FireFly(R) ESV vehicles manufactured and distributed in the United Kingdom by Evtec Automotive, a U.K.-based electric vehicle technology group and part of the Stetford Group. The agreement calls for assembly and distribution of 5,000 FireFly vehicles over the next three years in the U.K. and further grants Evtec rights to expand its distribution network to markets in Western Europe. “We believe the combination of Stetford Group’s experience and industry leadership in automotive…

WednesdayFeb 17, 2021 9:50 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Provides Update on PowerTap 3G Unit

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has announced additional information regarding PowerTap’s third-generation unit, noting that the unit has increased efficiency and reduced operating costs. The technology and unit are being developed by technology from PowerTap Hydrogen Fueling Corp., an investee company of Clean Power. According to the announcement, the system performance of PowerTap’s third-generation onsite hydrogen production module unit is controlled by advanced operating software with data analytics. Data that is collected through the software is sent through the cloud. Subsequently a data analytics application evaluates the information then deploys advance algorithms to…

MondayFeb 08, 2021 12:59 pm

GreenCarNewsBreaks – Tesla (NASDAQ: TSLA) Announces Purchase of $1.5B in Bitcoin, Planning to Accept Digital Currency for Purchases

Tesla (NASDAQ: TSLA), an American EV and clean energy company, announced significant Bitcoin measures the company is taken. In an SEC filing, the company noted that it may invest in alternative reserve assets such as digital assets, gold bullion, gold exchange-traded funds and other assets. Consequently, the company invested $1.5 billion in Bitcoin; the company also noted that it may acquire and hold additional digital assets. In addition, Tesla noted that it expected to begin accepting Bitcoin as a form for payment for its products, initially on a limited basis. The company plans to make that change in the near…

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