MondayFeb 01, 2021 2:04 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Working Diligently to Finalize Merger, Capitalize on Growing EV Sector Demand

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. This bold move aims to leverage changing market conditions where rapidly falling battery prices are fueling predictions that it will be easier and cheaper to build and market EVs within the next few years. As the industry grows, research suggests that EVs may eventually dominate gas-powered cars in many sectors. In addition to falling battery prices that are expected to make EVs economically feasible on the supply side, government mandates,…

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FridayJan 29, 2021 12:57 pm

GreenCarNewsBreaks – ev Transportation Services Inc.’s New ESV Designed to Meet Needs of Essential Services Transportation, Urban Mobility Sectors

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, recently announced the launch of its new 2021 FireFly ESV. The EV was created to meet the requirements of the essential services transportation and urban mobility markets, with estimated replacement demand of 100,000, equaling approximately $2.5 billion annually. A recent article discussing this reads, “Designed for efficiency and performance, the Firefly has a range of 100-plus miles on a single charge and can legally travel on all roads at speeds up to 50 miles per hour. This exceeds the capabilities of other…

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TuesdayJan 26, 2021 9:19 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Investee Company Executes Definitive Agreement with Andretti Group

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has announced that PowerTap Hydrogen Fueling has executed a definitive agreement with Humboldt Petroleum Inc., Peninsula Petroleum LLC and Colvin Oil I LLC (dba GP Energy); the three companies collectively are known as the Andretti Group. The agreement outlines the installation of PowerTap’s 1,250-kilogram hydrogen production and dispensing fueling stations in California beginning this year. With more than 11,000 of the nation’s estimated 111,000 conventional petrol gas stations located in California, the state represents a key market for PowerTap. The Andretti Group owns more than 100 facilities in…

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ThursdayJan 21, 2021 9:59 am

GreenCarNewsBreaks – ev Transportation Services Inc. CEO Discusses Upcoming Initiatives for 2021 in NNW Audio Interview

ev Transportation Services (“evTS”), an electric vehicle (“EV”) manufacturer focused on the essential services and urban mobility markets, this morning announced that the company’s founder and chief executive officer, David Solomont, was featured in an exclusive audio interview with NetworkNewsWire (“NNW”). Among other highlights, Solomont summarized the company’s outlook for 2021 as well as his viewpoint regarding the future of EVs. “Dealers are incredibly important, because they’re the ones who have the tightest relationships with customers and prospects. By the end of the first quarter, we want to expand our dealer network from four dealers to eight, all carefully chosen,”…

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ThursdayJan 21, 2021 9:32 am

GreenCarNewsBreaks – Net Element (NASDAQ: NETE) Brings Former Tesla Lead on Board as VP of EV Manufacturing

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 Technologies Inc., has announced the hiring of John Taylor as vice president of manufacturing for Mullen Automotive. Taylor comes from Tesla, where he oversaw more than 12 major vehicle launches, including Tesla’s highly successful Model S; Taylor also has impressive experience in plant start-ups. Taylor’s deep engineering experience is invaluable as, in his new role, he will  oversee Mullen's manufacturing facilities for the MX-05 and MX-07 SUVs. Taylor earned a degree from the Philpot School…

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TuesdayJan 19, 2021 12:25 pm

GreenCarNewsBreaks – ev Transportation Services Inc.’s FireFly ESV Endorsed by Hall of Fame Golfer Ernie Els

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban mobility markets, today announced that former world No. 1 golfer Ernie Els it has endorsed the company’s flagship all-electric, FireFly ESV lightweight commercial utility vehicle and will serve as the FireFly ESV Global Brand Ambassador. Els holds 72 professional career victories, including four Major Championships and two World Golf Championships. The multiyear agreement permits evTS to utilize Els’ name, endorsement and likeness in the advertising, promotion and sale of evTS’ vehicles. “We are proud to have excited the interest in our vehicle by such a…

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TuesdayJan 12, 2021 10:16 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Notes Status of California Hydrogen Fueling Station Launch

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, commends the proposal by California Gov. Christopher Newsom to earmark $1.5 billion for companies to invest in the construction and maintenance of charging and hydrogen fueling infrastructure; that expenditure is part of Newsom’s $4.5 billion stimulus proposal for the 2021 state budget. That financial allocation indicates support of PowerTap’s plans for its hydrogen station permitting as the company anticipates rolling out initial hydrogen fueling stations later this year. Clean Power invested in PowerTap Hydrogen Fueling Corp. last year. PowerTap is working to ensure the rollout of it’s hydrogen…

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FridayJan 08, 2021 12:37 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Shifts to Drive Opportunity in the EV Fast Lane

Net Element (NASDAQ: NETE) is a financial technology company 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. On the heels of success in the global financial technology sector, providing next-generation electronic payments solutions spanning across point-of-sale, e-commerce and mobile devices, Net Element is preparing for life in the fast lane as it shifts into the EV space. Under the leadership of CEO Oleg Firer, a veteran entrepreneur and corporate turn-around specialist, Net Element realized exponential revenue growth from $0 in 2013 to $65…

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FridayJan 08, 2021 9:58 am

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

ev Transportation Services (“evTS”), a specialty vehicle OEM focused on the essential services and urban mobility markets, on Thursday announced its participation in the upcoming 23rd Annual Needham Virtual Growth Conference taking place on January 11-15, 2021. According to the update, evTS Chairman and CEO David Solomont was invited to participate in a Fireside Chat with Needham Analyst Jim Ricchiuti at 1:15 p.m. Eastern Time on Monday, January 11, 2021. Solomont will also be meeting with the investment community in a series of virtual one-on-ones, reviewing the company market entry plans and strategy for growth on Tuesday, January 12, 2021.…

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WednesdayJan 06, 2021 10:05 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Appoints Auto Racing Entrepreneur to the PowerTap Advisory Board

Clean Power (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) today announced the appointment of George Steinbrenner IV to the advisory board of PowerTap Hydrogen Fueling Corp. Clean Power, on Oct. 28, 2020, announced its investment in PowerTap as part of its strategy in the hydrogen sector. Steinbrenner is the youngest team owner within the NTT INDYCAR Series. His own embrace of practicing sustainability, reinforced by leadership and examples within his family and related businesses, adds to a commitment of following the lead of INDYCAR in its announced planned move to implement single-source hybrid systems beginning in 2023. "We are pleased that…

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