GreenCarNewsBreaks Archive - Page 42 of 55

ThursdayJul 22, 2021 12:31 pm

GreenCarNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Accomplished Team Poised to Develop, Commercialize Industry Changing Transportation Solutions

Ideanomics (NASDAQ: IDEX) was pleased to see Dr. Abas Goodarzi, its newly appointed chief scientist and US Hybrid CEO, recognized with the well-deserved Institute of Electrical and Electronics Engineers (“IEEE”) Power Electronics Society (“PELS”) Vehicle and Transportation Systems Achievement Award. Dr. Goodarzi, an industry veteran with 38 years of experience in the electric, hybrid and fuel cell industries, was recognized for his contributions to the advancement of electric powertrains for medium and heavy duty vehicles. A recent article quoted Ideanomics CEO Alf Poor as saying, “He has done, and continues to do, so much to advance the transition to a…

FridayJul 16, 2021 10:47 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Schedules Call to Discuss Q2 2021 Earnings

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, will be hosting an earnings call and webcast. The event, which is scheduled for Aug. 16, 2021, will focus on the company’s second-quarter financial results, which will be released that same day at 4 p.m. ET; the conference call will begin at 4:30 p.m. ET. During the call, Ideanomics executives will present key information. The call will also have time set aside for a Q&A session. Interested parties can participate on the call by dialing toll free in Canada and the United…

ThursdayJul 15, 2021 11:59 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Driven to Sustain Next-Gen Solutions for World’s Energy Consumption

Ideanomics (NASDAQ: IDEX) announced June 14 that it had boosted its stake in California-based zero-emission electric tractors manufacturer and distributor Solectrac Inc. to 100% ownership. According to a recent article, not only did this move highlight applications of electric vehicle (“EV”) technology in the agricultural industry, “but also showcased Ideanomics’ drive to sustain next-generation solutions for the world’s energy consumption and living standard equity difficulties.” Solectrac has limited competition in the electric tractor market in North America, granting it a significant head start within the industry. Its premium electric tractor lineup is fully scalable and market-ready to generate revenue in…

WednesdayJul 14, 2021 11:29 am

GreenCarNewsBreaks – DSG Global Inc. (DSGT), IMC Showcase Impressive, Diverse Product Line

DSG Global (OTCQB: DSGT) and its subsidiary Imperium Motor Company (“IMC”), an EV sales, manufacturing and marketing company, unveiled more than two dozen electric-powered vehicles at the grand opening of the Imperium Motors Experience Center in Fairfield, California. Available vehicles include high-, mid- and low-speed cars, trucks, SUVs, vans, buses, and scooters. “Designed to create interest in IMC’s impressive line of EVs, the event encouraged attendees to drive and ride in 25 different electric-powered units. Unlike many companies jockeying for position in the EV space, IMC has existing models and inventory already on hand, ready to be sold. This means…

ThursdayJul 08, 2021 12:06 pm

GreenCarNewsBreaks – DSG Global Inc. (DSGT) Announces Plans for Automotive Division to Deliver Vehicles on Grander Scale

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, together with its automotive division, Imperium Motor Corp., today announced preparation of vehicles for sales from partners Skywell Auto and Jonway Automotive Group in the coming months. “The company is finally in a position, with increasing production and inventory, regular shipments and proper lines of credit with the various manufacturers to begin delivering vehicles on a grander scale,” said Rick Curtis, CEO of Imperium Motors. “The current backlog is being processed and the company anticipates deliveries to individuals, fleets, dealers…

ThursdayJul 08, 2021 10:48 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) a ‘True Powerhouse in the Commercial EV Sector’

Ideanomics (NASDAQ: IDEX) recently completed the acquisition of 100% of privately held US Hybrid, heralding entry into the burgeoning EV powertrain market that is expected to grow at a 16% CAGR between 2020 and 2027. US Hybrid manufactures and sells electric powertrain components and fuel cell engines for medium and heavy-duty municipality vehicles, commercial trucks, buses, and specialty cars. The company welcomes US Hybrid CEO Dr. Abas Goodarzi, Ph.D., PE, and his entire team, with the acquisition expected to bring synergistic benefits to the various companies under the Ideanomics Mobility umbrella. A recent article quoted Dr. Goodarzi as saying: “Ideanomics…

TuesdayJul 06, 2021 1:00 pm

GreenCarNewsBreaks – DSG Global Inc. (DSGT) Continues to Break Sales Records

DSG Global (OTCQB: DSGT) and its Vantage Tag Systems (“VTS”) brand were selected as the fleet-management solution provider for 15 new golf courses. “The contracts for the courses, which are located in the United States and abroad, total almost $988,000 and provide an ongoing revenue stream for DSGT from service and maintenance agreements,” reads a recent article. The new contracts, received during Q2 2021, include 1,040 total units of the VTS Infinity, Text and Tag System. The company plans to install the systems as inventory arrives, with completion slated for this summer. Notably, these new orders do not include orders…

ThursdayJul 01, 2021 9:28 am

GreenCarNewsBreaks — DSG Global Inc. (DSGT), Imperium Motor Corp. Garner Attention with SUV EV Offering

DSG Global (OTCQB: DSGT), an emerging player in the electric vehicle (“EV”) segment with a large lineup of affordable and diverse vehicles, and its subsidiary, Imperium Motor Company, were featured in a recent “Jalopnik” article. The article, titled “A Chinese Appliance Company Makes America’s Newest EV,” noted that a Chinese car shop had quietly set up in Northern California with the opening of Imperium Motor Company’s experience center, which held its grand opening on June 18. The article notes that the company, which is perhaps best known for selling TVs, has entered the U.S. market with its electric SUV. “Now, Car…

WednesdayJun 30, 2021 1:50 pm

GreenCarNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Business Vitality Demonstrated in Robust Growth

Ideanomics (NASDAQ: IDEX) recently released its Q1 2021 financials for the three months ending March 31, 2021. The company reported $32.7 million in Q1 2021 revenue, up from $378,000 in Q1 2020. Its gross profits also grew severalfold to $10.8 million in Q1 2021, up from $44,000 in Q1 2020. According to an article discussing these impressive results, “This robust growth demonstrates the vitality of Ideanomics’ business, as well as its ability to bounce back.” The U.S. market accounted for 90.6% of the total revenue, followed by China with a 9.3% contribution and Malaysia with $7,000. In terms of revenues…

TuesdayJun 29, 2021 11:27 am

GreenCarNewsBreaks – DSG Global Inc. (DSGT) Enters MOU for Acquisition of Canada-Based MTG Inc.

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, today announced its entry into a binding memorandum of understanding (“MOU”) for the acquisition of Ontario, Canada-based MTG Inc. This move comes less than two weeks after DSG Global’s electric vehicle division, Imperium Motor Company, held the grand opening of its Experience Center for new EVs under the Imperium brand in Fairfield, California. MTG, a well-established automotive import/export company in the U.S., Canada and Mexico, leverages over 25 years of experience and extensive commercial fleet and retail connections throughout the…

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