NewsRoom Articles - Page 114 of 116

WednesdayAug 05, 2020 10:00 am

An Overview of the Safety of Different Types of Energy

It's safe to say that our civilization officially took off with the discovery of energy. Over the centuries, advancements in energy, from simple fires to fossil fuels and the more recent solar and wind energy have allowed us to build skyscrapers and travel to the moon. However, while beneficial to us, fossil fuels aren't kind on the environment. Fossil fuels are without a doubt the most damaging to the ecosystem. According to the World Health Organization (“WHO”), the Centers for Disease Control (“CDC”) and the National Academy of Science, fossil fuels and biomass cause the most adverse health effects. Energy…

TuesdayAug 04, 2020 3:00 pm

Tesla Inc. (NASDAQ: TSLA) Reports Q2 Profits Despite Coronavirus Pandemic

The coronavirus pandemic has dealt a blow the economy will take years to recover from. Industries such as airlines, food service and tourism have been especially hit and they have shouldered most of the job losses in the country. Some firms, however, have not only weathered the intense storm that has been 2020, but they have thrived. One firm that has done so very publicly during this financial and health crisis has been Tesla Inc. (NASDAQ: TSLA). The EV producer reported a profit of $100 million on Wednesday, surprising analysts who expected the firm to be bleeding money after being…

TuesdayAug 04, 2020 9:25 am

How Wind and Solar Energy Are Now More Affordable

Fossil fuels have kept us warm for decades and helped our civilization advance to levels never even dreamed of. However, it has become increasingly clear over the years that on top of being unsustainable, they are pretty bad for the environment. These days, governments are looking to a future where clean, sustainable fuel sources like solar and wind are the norm, not the exception. We're close to achieving that dream. Renewable sources of power are more affordable than carbon-based electricity in two-thirds of the world. This represents a monumental victory for green energy, and it shows that clean, renewable forms…

MondayAug 03, 2020 3:00 pm

Can Your Electric Vehicle Power Your Home During an Emergency?

Late last year, Pacific Gas and Electric shut off power to portions of 34 of California's 58 counties, affecting almost 800,000 homes and businesses. These preventative power shut-offs were in response to threats caused by climate change, fierce winds, and dry conditions that increased the risk of deadly wildfires, and they highlighted just how vulnerable the electricity grid and those who depended on it for power were. Plenty of homes and businesses have reduced their risk by using solar and stationary battery storage systems in concert with grid electricity, but EV batteries provide an even more exciting solution to power…

MondayAug 03, 2020 12:40 pm

Net Element (NASDAQ: NETE), Mullen Tech Moving Forward on EV Manufacturing Facility Project

Mullen extends LOI with S3R3 Solutions to assemble electric vehicles, manufacture electric vehicle batteries in Washington Plan calls for 1.3 million square feet of assembly, manufacturing, R&D facilities NETE, Mullen merger will make Mullen a publicly traded company, provide access to capital Mullen Technologies recently announced that it has extended its letter of intent for the acquisition of a 1.3-million-square-foot electric vehicle manufacturing facility. The progression of this acquisition bodes well for Net Element (NASDAQ: NETE), a company which operates a payments-as-a-service transactional and value-added services platform. NETE recently entered an agreement (subject to definitive agreement, fairness opinion, shareholder and…

MondayAug 03, 2020 10:00 am

3 Signs Favoring the Increased Uptake of Electric Buses

For several governments, phasing out internal combustion engines in favor of electric cars is inevitable as they seek to reduce their carbon footprint. At the end of 2018, there were about 1 million electric vehicles on American roads, and they are projected to reach 18.7 million at the end of 2030. While privately owned EVs have reigned supreme on the road, the electric bus sector has been slowly but surely increasing its market share. In October last year, U.S. electric bus manufacturer Proterra snagged its 100th customer, a testament to just how much the industry had achieved and could achieve…

FridayJul 31, 2020 3:00 pm

Trucks and Buses Powered by Hydrogen Could Soon Be Near You

The internal combustion engine was a marvel when it was first invented and it has undoubtedly taken human civilization to new highs. However, as we become more conscious of how our actions affect the planet, it has become clear that internal combustion engines have to be phased out in favor of something more environmentally friendly. Electric cars have emerged as an eco-friendly solution, and several governments have plans to replace most of the vehicles on the roads with EVs in the next decade or two. Another technology that could have a significant impact on the transportation sector is hydrogen fuel…

FridayJul 31, 2020 10:00 am

German Carmaker Puts Solar Panels on Electric Vehicles

It’s all about sustainable, renewable energy these days. For several countries, reducing their environmental footprint will involve phasing out internal combustion engines for electric vehicles over the next decade or so. Not only are they cheaper to run and maintain, but they also reduce vehicle emissions, thus reducing our impact on the environment. One Munich-based company has taken things even further by combining their EV with solar charging capabilities. Thanks to the solar charging system integrated into the EV’s body, it will benefit from an extended range of as much as 20 miles per day in Germany. Sono Motors, which…

ThursdayJul 30, 2020 3:00 pm

Firms Are Giving Serious Thought to Reusing Old Batteries

When electric vehicle ("EV") batteries are benched for new ones, they usually aren't dead. A standard electric vehicle lithium-ion battery is typically replaced when it loses around 20% of its capacity, meaning there's still plenty of juice left in it to run stationary applications. Consequently, several firms have been playing with the idea of reusing these batteries, especially as we become increasingly aware of the dangers of greenhouse emissions. "There's definitely an uptick in the number of companies that are now trying this and getting serious about it, and I think it's becoming increasingly clear what the main obstacles are…

ThursdayJul 30, 2020 11:29 am

Net Element Inc. (NASDAQ: NETE) Proposed Merger with Mullen Technologies Expected to Accelerate Development of Electric Vehicle Manufacturing Facility

Electric vehicles expected to account for over half of global passenger car sales by 2040 Growth in electric vehicles expected to drive oil demand down by 13.7 million barrels per day Proposed manufacturing facility comprises 1.3 million square feet, creation of 55 jobs at startup with up to 863 jobs created by 2026 Net Element (NASDAQ: NETE), a global technology group that operates electronic payment services, is currently in the planning stages to open a new electric vehicle (“EV”) manufacturing facility in conjunction with privately-owned Mullen Technologies (“Mullen”) via a proposed merger. With demand for electric vehicles growing globally, oil…

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