GreenCarNewsBreaks Archive - Page 50 of 55

TuesdayJan 05, 2021 1:31 pm

GreenCarNewsBreaks – ev Transportation Services Inc. Driving Opportunity with New 2021 FireFly ESV(R)

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, is poised for opportunity amid expected dramatic increase in growth for the electric vehicle (“EV”) market. As companies continue to be pressured by both regulators and consumers to reduce their carbon footprint, industry demand for this segment of the industry in the United States, China and Europe is expected to grow at a 33% CAGR from 2019 to 2028 according to BloombergNEF. evTS is leading the charge forward in this new world of electric vehicles as the designer, developer and manufacturer of…

TuesdayJan 05, 2021 12:21 pm

GreenCarNewsBreaks – Ideanomics (NASDAQ: IDEX) Announces Agreement to Acquire Utah-Based Wireless Charging Provider WAVE

Ideanomics (NASDAQ: IDEX) has signed a definitive agreement to acquire privately held Wireless Advanced Vehicle Electrification Inc. ("WAVE"). The agreement outlines plans for a 100% acquisition in exchange for cash and stock considerations; full terms of the agreement are contained in the company’s 8-K filing. Based in Salt Lake City, WAVE provides inductive, or wireless, charging solutions for medium and heavy-duty electric vehicles (“EVs”). The fully automated, hands-free WAVE system is embedded in roadways and charges vehicles during scheduled stops; it provides a solution to battery-range limitations, enabling fleets to reach driving ranges comparable to those of internal combustion engines (“ICE”) vehicles. The…

WednesdayDec 30, 2020 12:06 pm

GreenCarNewsBreaks – Net Element (NASDAQ: NETE) Announces Mullen Technologies Receives LOI for Purchase of 1,500 MX-05 EVs

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. Mullen recently executed a nonbinding Letter of Intent (“LOI”) with Unlimited Electrical Contractors Corp (“UEC”), a premiere electrical contractor based in Pompano Beach, Florida. The LOI outlines agreements for the purchase of up to 10,000 of Mullen’s MX-05 electric vehicles (“EVs”), with an initial purchase order of 1,500 MX-05s, valued at an estimated $75 million. The LOI states that UEC may order an additional 8,500 vehicles by…

WednesdayDec 30, 2020 11:03 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Appoints Amp Energy Founder and CEO to PowerTap Hydrogen Fueling Corp. Advisory Board

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has announced the appointment of Amp Energy (“Amp”) founder and CEO Dave Rogers to the advisory board of PowerTap Hydrogen Fueling Corp. Before founding Amp, Rogers was the head of carbon markets at Front Street Capital, a $3.5-billion investment manager. In that capacity, he oversaw the origination, sale and trading of carbon credits globally. Rogers believes that hydrogen will play a critical role in the future as the world moves away from fossil-based generation and transportation, and that the proprietary PowerTap technology provides critical advantages over the rest…

TuesdayDec 29, 2020 10:44 am

GreenCarNewsBreaks – ev Transportation Services Inc. (‘evTS’) Announces Strategic Board Appointments

ev Transportation Services (“evTS”), a specialty vehicle manufacturer focused on the essential services transportation and urban mobility markets, today announced the appointments of Shelley Berkley and Gary Herman to the company’s board of directors, effective immediately. Berkley served for three decades in Nevada state government and on Capitol Hill and brings a wealth of legislative and governmental regulatory experience. Herman is a seasoned investor with many years of investment and advisory experience. "We are pleased to welcome Shelley and Gary to evTS’ board," said David Solomont, evTS chairman, founder and CEO. "They join evTS at an exciting time, as we…

TuesdayDec 29, 2020 9:33 am

GreenCarNewsBreaks – Ideanomics’ (NASDAQ: IDEX) Mobile Energy Global Division Enters Purchase Agreement with JV Controlled by One of China’s Largest Privately Owned Enterprises

Ideanomics (NASDAQ: IDEX) announced that Meihao Chuxing, a joint venture between BYD and Didi, has entered an agreement with its Mobile Energy Global (“MEG”) division to provide an initial 2,000 units of model BYD D1. Alf Poor, Ideanomics CEO, commented, “We are very pleased to work with Meihao Chuxing and BYD to promote the sales of the D1. Supported by a viable government subsidy program, the proliferation of EVs in China is a testament to the value that public and private partnerships can bring to large scale global challenges. We look forward to developing these types of partnerships and the…

MondayDec 28, 2020 2:02 pm

GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Positioned Amid Surging Demand in EV Space

Net Element (NASDAQ: NETE), 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., is poised as the EV sector has seen a sharp uptick in consumer demand and investor interest. Rising demand is driven by a combination of improved sector fundamentals coupled with positive industry news. A recent article discussing the company reads, “A potential combined Net Element-Mullen Technologies entity plans to leverage upon the surge in consumer demand within the electric vehicle space through the launch of its initial…

WednesdayDec 23, 2020 12:40 pm

GreenCarNewsBreaks – ev Transportation Services Announces Approval from Boston Group to Sell Proprietary EV Through Group Purchasing Program

ev Transportation Services Inc. has obtained approval to sell its proprietary lightweight, all-electric commercial utility vehicle under the Metropolitan Area Planning Council (“MAPC”) and the Greater Boston Police Council (“GBPC”) Group Purchasing Program 2021 contract for Electric and Alternative Fuel Vehicles and Equipment. This marks the first time that an EV manufacturer from Massachusetts has been included in the MAPC. The company’s FireFly(r) ESV will be available through the “shop and buy” program, which enables communities nationwide that have GBPC membership to purchase the vehicle without having to worry about the specific details surrounding the process. The MAPC manages the entire bidding…

WednesdayDec 23, 2020 10:54 am

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Announces Addition to CSE Composite Index, CSE25 Index

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has been added to two Canadian Securities Exchange (“CES”) indices: the CSE Composite Index(r) as well as the CSE25(TM) (“CSE25”) index. The CSE Composite Index includes coverage of about 75% of all equities listed on the CSE; much of the index consists of life sciences firms. The CSE25 index is a division of the CSE Composite Index and is comprised of securities of the top-25 companies determined by market capitalization, including MOVE; as of pre-open on Dec. 22, 2020, the CSE25 has a combined portfolio capitalization of about CAD$28.1…

MondayDec 21, 2020 2:00 pm

GreenCarNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Announces Engagement of Canaccord Genuity Corp.

Clean Power (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A), further to its previous update regarding the launch of a review and development of its capital markets strategy in the U.S., on Friday announced that it has appointed Canaccord Genuity Corp. as financial advisor. Canaccord has been engaged on a broad mandate to advise Clean Power on M&A opportunities and capital raise solutions. The global investment bank has financed and advised an extensive list of other companies operating in the sustainability-focused technology sector including FuelCell Energy Inc. (NASDAQ: FCEL), Greenlane Renewables Inc. (TSX.V: GRN), Plug Power Inc. (NASDAQ: PLUG) and Soraa Inc.…

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