GreenCarNewsBreaks Archive - Page 44 of 55

ThursdayJun 10, 2021 1:36 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) to Join Russell 3000 Index

Ideanomics (NASDAQ: IDEX) today announced that it will be joining the broad-market Russell 3000(R) Index at the conclusion of the 2021 Russell indexes annual reconstitution, which is expected to take effect after the US market opens on June 28. “Joining the Russell indexes enables Ideanomics to extend its reach into the institutional shareholder community where we believe our story is going to resonate extremely well. Our ability to derive revenues from the EV industry in the short, medium and long-term, sets us apart from many others in the sector, while our fintech group provides consistent results and spotlights our value to…

TuesdayJun 08, 2021 12:01 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) to Present at LD Micro Invitational XI

Ideanomics (NASDAQ: IDEX), a company driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, today announced that its CFO Conor McCarthy will present at the upcoming virtual LD Micro Invitational XI conference at 6:00 p.m. ET on Thursday, June 10. “The Ideanomics Mobility ecosystem of EV-centric subsidiaries represents the future of the commercial EV sector,” said McCarthy in the press release. “We look forward to sharing recent learnings with peers and colleagues from around the world at LD Micro Invitational in the interest of driving the bright future of electric vehicle technology forward.” To view…

ThursdayJun 03, 2021 12:31 pm

GreenCarNewsBreaks – ev Transportation Services Inc. (‘evTS’) to Present at Upcoming Needham Virtual Automotive Tech Conference

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban mobility markets, today announced its participation in the upcoming Fifth Annual Needham Virtual Automotive Tech Conference. Per the update, evTS chairman and CEO David Solomont has been invited to participate in a fireside chat with Needham analyst Alex Salisbury at 1:15 p.m. ET on Tuesday, June 8, 2021. Solomont will also meet with the investment community in a series of virtual one-on-one meetings during the week of June 8, reviewing the company’s market entry plans and strategy for growth. Interested parties should visit https://ibn.fm/512xt to…

ThursdayJun 03, 2021 10:47 am

GreenCarNewsBreaks – Ideanomics (NASDAQ: IDEX) Subsidiary Completes Newest Deployment of Inductive Chargers

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has announced that its subsidiary WAVE has completed another transit authority deployment. WAVE is a leading developer of high-power inductive charging solutions for medium and heavy-duty vehicles. The deployment involves a high-power, cable-free, in-route charging system for the Twin Transit Authority (“TTA”), located in Chehalis, Washington. Designed to help the Washington-based transit authority extend the driving range of its electric buses, the deployment is a significant step in accelerating TTA’s progress toward achieving its goal to make its fleet fully electric by…

MondayMay 24, 2021 1:45 pm

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Stays True to Eco-Friendly Resolve

Ideanomics (NASDAQ: IDEX), a global company made up of two divisions, Ideanomics Mobility and Ideanomics Capital, holds to a mission to drive the sustainability transformation globally. True to its resolve, the company graced NASDAQ’s virtual closing bell ceremony on April 23 and subsequently rang the bell, wrapping up Earth Week. Also in line with this environmental focus, Ideanomics subsidiary Solectrac recently donated its first Compact Electric Tractor (“CET”) production unit to Kōkua Learning Farm, a non-profit Hawaiian foundation that supports environmental education. A recent article quoted the farm’s co-founder Jack Johnson as saying, “We are so excited about our new…

TuesdayMay 18, 2021 12:29 pm

GreenCarNewsBreaks – Net Element (NASDAQ: NETE) Releases Q1 2021 Financial Report, Provides Update on Pending Merger

Net Element (NASDAQ: NETE), a financial technology company in the process of becoming a pure-play electric vehicle (“EV”) manufacturer through a pending definitive agreement with privately held Mullen Automotive Inc., has reported its financial results for the quarter ended March 31, 2021; the report also included an update for shareholders on its previously announced merger with Mullen, a Southern California-based electric vehicle (“EV”) company. The merger is a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company. Financial numbers for the quarter included net income attributable to common stockholders of approximately…

TuesdayMay 18, 2021 12:13 pm

GreenCarNewsBreaks – Ideanomics (NASDAQ: IDEX) Releases Q1 2021 Financial Report

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has reported its financial numbers for Q1 2021. Included in the report was revenue of $32.7 million, which represents the fifth consecutive quarter of growth, and gross profit of $10.8 million for the period ended March 21, 2021. The company noted that the first-quarter numbers included first revenues from its two January 2021 acquisitions: WAVE, an inductive-charging business, and Timios, a title and escrow services company. Corporate highlights for the quarter included the company’s acquisition of WAVE and Timios, as well as…

MondayMay 17, 2021 12:49 pm

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Announces Subsidiary’s Participation in California’s LCFS Program

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has provided an update on its plans for PowerTap, the company’s wholly owned subsidiary, to participate in the California Low Carbon Fuel Standard (“LCFS”) Carbon Credit program. The program offers PowerTap an opportunity to derive revenue prior to dispensing hydrogen fuel from its units; the revenue will be generated through the sale of earned LCFS credits on the emission trading markets. In order to be eligible to earn LCFS credits, PowerTap will install its fueling units and make them accessible to the public. A third-party analysis of the…

ThursdayMay 13, 2021 10:50 am

GreenCarNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Enters Definitive Agreement to Acquire US Hybrid

Ideanomics (NASDAQ: IDEX) today announced its entry into a definitive agreement to acquire 100% of privately held US Hybrid in cash and stock consideration, the material terms of which are disclosed in the company’s related 8-K filing. The acquisition, subject to customary closing conditions, brings to Ideanomics the application of U.S.-built technology, for use in its own vehicles, and significantly extends the company’s capabilities in zero-emission transportation. “The acquisition of US Hybrid is a significant one for our EV efforts across the Ideanomics Mobility division and is the stepping-stone we were looking for to ensure we provide vehicles and technologies that…

FridayMay 07, 2021 9:55 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Becomes 100% Owner of Hydrogen Fueling Company

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, announced that it has completed the acquisition of the remaining shares of PowerTap Hydrogen Fueling Corp, thus Clean Power is now the sole, 100% owner of PowerTap. PowerTap has a patented hydrogen production technology, which the company is utilizing to build a blue hydrogen filling station network throughout the country. The company already has fueling stations in California, Texas, Massachusetts and Maryland. In October 2020, Clean Power acquired a 90% interest of PowerTap; the company acquired an additional 4.5% ownership of PowerTap in February 2021. With the support available…

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