Net Element Inc. (NASDAQ: NETE) Full Speed into Electric Vehicle Market Via Merger with Mullen Technologies
NETE transforming into pure-play electric vehicles company through merger with Mullen Technologies Reverse merger will allow Mullen stakeholders to acquire majority of newly formed company, accelerating process of Mullen going public EV sales growing at 25% per year on average, expected to account for over 20% of sales by 2030 Electric vehicle (“EV”) sales in the U.S. have been growing by an average of 25% per year (http://ibn.fm/Uy6ss) - stellar results when compared to the dismal 1.76% drop experienced by the entire industry in 2019 (http://ibn.fm/tIyK3). In a bold move aimed at maximizing shareholder value, Net Element (NASDAQ: NETE) recently announced its…