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Articles Category: Green Cars – Electric Vehicle
Wednesday Sep 22, 2021 - 2:00 pm

Worksport Ltd. (NASDAQ: WKSP) Featured in Coverage of Benzinga’s Electric Vehicles Conference

Worksport (NASDAQ: WKSP) designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada. Tonneau covers are useful aftermarket accessories that provide security and protection for cargo to personal pickup truck owners. Worksport has developed soft vinyl tonneau covers and hard aluminum tonneau covers. Covers are offered in three or four-panel options. Once installed, their tonneau covers latch against the bed…

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Thursday Sep 16, 2021 - 12:11 pm

Ideanomics Inc. (NASDAQ: IDEX) Growing its Strategic Advantage as a Global Provider of EV Mobility Solutions with the Appointment of New President of its Mobility Division

Robin Mackie new President of Ideanomics Mobility, as of September 8, 2021Mackie will help the company to make the most out of its acquisitions, driving growth on its path to a zero-emission futureHe will also help Ideanomics expand its global talent pool to further develop its key advantage as a global provider of EV mobility solutionsMackie brings a wealth of knowledge and decades of experience…

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Wednesday Sep 08, 2021 - 9:30 am

Ideanomics Inc. (NASDAQ: IDEX) Completes Commercial EV Ecosystem Reach through M&A Deal with Van Manufacturer VIA

Sustainability cultivator Ideanomics has reached an agreement with commercial EV vehicle manufacturer VIA Motors to acquire VIA in an all-stock transaction valued at $450 millionThe VIA acquisition will solidify Ideanomics’ position as a made-in-America brand focused on building an end-to-end commercial EV ecosystem Ideanomics has completed other M&A activity in recent months designed to establish sustainable solutions that reduce the harmful effects of pollutants on the…

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Wednesday Aug 18, 2021 - 9:30 am

Ideanomics Inc. (NASDAQ: IDEX) Investment in German Electronics Firm Adds to Growing EV Portfolio

Commercial EV Company Ideanomics Inc. recently completed an investment agreement that will grant it a 30 percent ownership stake in Germany’s Prettl Electronics Automotive (“PEA”)PEA is testing an innovative high-power EV charging infrastructure solution it has developed and expects to market in 2023, strengthening Ideanomics’ efforts to fulfill its EV strategyThe company also recently named a new executive chairman of the board and a new…

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Thursday Aug 05, 2021 - 11:52 am

DSG Global Inc. (DSGT) Anticipates Immediate Income Potential Following Acquisition

Company enters into MOU to acquire auto import/export companyOpportunities are to maintain excellence, leverage channels to grow salesDSG anticipates seeing impressive results soon after closing, plans to increase cash flow with positive revenue In a move that provides immediate sales opportunities, DSG Global (OTCQB: DSGT) announced that it has entered into a binding memorandum of understanding to acquire MTG Inc., an established automotive import/export company…

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Friday Jul 16, 2021 - 9:30 am

DSG Global Inc. (DSGT) Names Renowned Industry Exec to Lead Automotive Division

Experienced automotive industry veteran joins IMC as new president.Dubois has served as a leader at some of the most prestigious automotive organizations in the industry. New exec looking to build team that will lead Canadian operations to surpass even most optimistic projections. DSG Global (OTCQB: DSGT) has announced that Christian Dubois, an auto executive with more than three decades of experience in the automotive industry, has…

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Wednesday Jul 14, 2021 - 9:00 am

DSG Global Inc. (DSGT) Viable Option for ‘Savvy Investors,’ Reports New Goldman Research Note

Goldman research note reports that DSG’s model is “built for success”The report points out that flawed EV models favor an investor shift to DSG DSG offers strong top-line upside without associated capital costs that have historically crushed U.S. automotive manufacturers Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, published a new research note this month on DSG…

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Friday Jul 09, 2021 - 11:15 am

Ideanomics Inc. (NASDAQ: IDEX) EV Tractor Subsidiary Names CEO as EV Market Continues Global Growth, Evolution

Zero-emissions electric tractor manufacturer Solectrac recently announced that agriculture and construction industry veteran Mani Iyer will succeed the company’s founder as CEO as Solectrac enters an anticipated period of new growthSolectrac is a subsidiary of clean energy-focused company Ideanomics Inc., which announced its 100 percent acquisition of the EV tractor manufacturer and distributor last month The electric vehicle (“EV”) market continues its push toward maturity…

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Wednesday Jul 07, 2021 - 10:43 am

Ideanomics Inc.’s (NASDAQ: IDEX) Dr. Abas Goodarzi Feted for Contributions to the Advancement of Electric Powertrains for Medium and Heavy-Duty Vehicles

Ideanomics Chief Scientist and CEO of US Hybrid Dr. Abas Goodarzi recently received the 2021 IEEE PELS Vehicle and Transportation System Achievement Award for his contributions to the advancement of electric powertrains for medium and heavy-duty vehiclesDr. Abas is a 38-year veteran in the electric, hybrid, and fuel cell industriesPrior to his role at Ideanomics, he had worked as an Associate professor at California State…

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Friday Jul 02, 2021 - 9:46 am

Ideanomics Inc. (NASDAQ: IDEX) Boosts EV Tractor Acquisition to 100 Percent, Anticipating Growing Potential for Environmental Awareness in Agriculture Industry

Despite the worldwide economic difficulties imposed by the pandemic during the past year, new efforts at electric vehicle adoption are on the riseIdeanomics recently announced 100 percent acquisition of EV tractor manufacturer and distributor Solectrac Inc., which will grant it premium positioning in the agriculture industry’s growing interest in zero-emissions vehiclesIdeanomics is also celebrating the launch of Technology Metals Market (“TM2”) trading using Nasdaq's cloud-deployed…

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Friday Jun 25, 2021 - 1:16 pm

DSG Global Inc. (DSGT), Subsidiary IMC Unveil Array of New EVs at Experience Center Grand Opening Event

Quality, value, diversity hallmarks of EV grand opening event. IMC has existing inventory already on hand, doesn’t require substantial amount of capital before seeing profitability.Company offers affordable vehicles with emphasis on great design, a green mindset, performance and functionality. DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and subsidiary Imperium Motor Company…

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Tuesday Jun 22, 2021 - 11:58 am

Ideanomics Inc. (NASDAQ: IDEX) Completes the Acquisition of US Hybrid Marking Entry into Burgeoning EV Powertrain Market

Ideanomics completed the acquisition of US Hybrid, a manufacturer and distributor of electric powertrain parts and fuel cell engines for medium and heavy-duty vehiclesIDEX paid an aggregate purchase price of $50 million in cash and stock considerationsThe acquisition marked IDEX’s entry into the burgeoning EV powertrain market, which is expected to grow at a CAGR of 16% from 2020 to 2027The growth is due to…

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Friday Jun 18, 2021 - 1:37 pm

DSG Global Inc. (DSGT) Receives Contracts Totaling $987,900 from New Golf Courses in US, Singapore

DSGT selected as fleet-management solution provider for new golf courses.Contracts include servicing and maintenance fees, which provide ongoing continuous monthly revenue.CEO reports continued sales records, progress in Vantage Tag and Imperium Motors divisions. DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors, and its Vantage Tag System (“VTS”) have been selected as…

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Wednesday Jun 16, 2021 - 9:00 am

DSG Global Inc. (DSGT) Is ‘One to Watch’

The DSG Global management team has more than a century of combined experience in all aspects of the North American automotive industry, as well as more than 50 years in the design and manufacture of wireless, GPS and fleet tracking solutionsDSG Global subsidiary VTS finalized nearly $1 million in contracts to install and maintain VTS Fleet Management products in Q2 2021 at 15 golf courses…

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Tuesday Jun 08, 2021 - 9:15 am

2021 Expectations Rise for Ideanomics Inc. (NASDAQ: IDEX) as Electric Vehicle and FinTech Products Show Gains

ROTH Capital’s analyst recently delivered an outlook for revenues of $129 million in 2021, an increase of 119 percent for IdeanomicsThe company reported revenues of $32.7 million with a gross profit margin of 33.1 percent for the first quarter, boosted largely by its recently acquired fintech subsidiary Timios Holdings A covering analyst’s recent forecast for significant improvement in Ideanomics’ (NASDAQ: IDEX) sustainable energy business outlook,…

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Tuesday May 25, 2021 - 11:19 am

Ideanomics Inc. (NASDAQ: IDEX) Releases Q1 2021 Results Reflecting Impressive Quarter-over-Quarter Transformation; Inks Definitive Agreement to Purchase 100% of US Hybrid

Ideanomics recently reported $32.7 million in revenue and $10.8 million in gross profit for the three months ending March 31, 2021These Q1 2021 results represented a sharp increase compared to Q1 2020 resultsIdeanomics announced it has reached a definitive agreement to purchase 100% of US HybridThe acquisition is set to bring synergistic benefits to both US Hybrid and Ideanomics Mobility companiesEstablished in 1999, US Hybrid…

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Monday May 17, 2021 - 9:00 am

Ideanomics Inc. (NASDAQ: IDEX) Capitalizing on Growing Commercial EV and Real Estate Segments

The increased driving range and expansion of charging outlets are expected to trigger widespread adoption of EVs, including commercial EVsThe commercial EV segment is projected to grow at a 41.1% CAGR from 2020-2028 and is likely to influence the purchase of other types of EVs, further benefiting Ideanomics’ Mobility divisionIdeanomics Capital division, through wholly owned subsidiary Timios, is set to benefit from the pandemic-driven growth…

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Monday May 17, 2021 - 9:00 am

Clean Power Capital Corp. (NEO: MOVE) (FWB: 2K6A) (OTC: MOTNF) Shareholders Sustain Energy Mission, Welcome New CEO

British Columbia-based investment holding company Clean Power Capital Corp. recently held its annual general and special meetings of shareholdersShareholders voted to sustain the company’s new investment directive, which includes focusing on renewable power initiatives and bio-medical plus naturopathic sectorsClean Power’s CEO announced his resignation following the meeting and he will be succeeded by majority-owned investee PowerTap Hydrogen Fueling Corp.’s CEOThe company has also launched two…

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Wednesday May 12, 2021 - 1:23 pm

Clean Power Capital Corp. (NEO: MOVE) (FWB: 2K6A) (OTC: MOTNF) to Capitalize on PowerTap’s Market Expansion Opportunities in the Hydrogen Fueling Space

Clean Power Capital Corp.’s investee company PowerTap Hydrogen Fueling to employ its patented hydrogen production technology in several commercial marketsPowerTap utilizes data analytics to control PowerTap’s system performancePowerTap aims at installing 500 hydrogen filling stations in the USA alone within the next 3-5 years Clean Power Capital (NEO: MOVE) (FWB: 2K6A) (OTC: MOTNF) is an investment holding company that focuses on investor and finance opportunities…

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Wednesday May 05, 2021 - 12:35 pm

Ideanomics Inc. (NASDAQ: IDEX) Should Benefit from Positive Outlooks for Both the EV and Fintech Markets 

Projections by various research firms indicate that the electric vehicle (“EV”) and fintech markets will grow through the coming yearsThe EV industry will witness a steady increase in the penetration of EVs in three key markets in which IDEX, through its Ideanomics Mobility division, operatesThe global fintech industry is projected to grow at a 23.58% CAGR from 2021 to 2025, while the US fintech market…

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Friday Apr 30, 2021 - 12:21 pm

Ideanomics’ (NASDAQ: IDEX) Treeletrik Subsidiary to Supply 200,000 E-Motorcycles to Indonesia, Setting Stage for Significant Expansion

Treeletrik, Ideanomics’ subsidiary, inked a $274 million three-year deal with two distributors to supply 200,000 e-motorbike units to IndonesiaThe deal will result in Treeletrik’s expansion, enabling Ideanomics to continue providing its shareholders with high-growth opportunitiesIndonesia, the third-largest motorcycle market in the world, is a promising market for e-motorbikes, as evidenced by the projected growth at a CAGR of ~21% from 2019 to 2025 The Indonesian…

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Friday Apr 16, 2021 - 12:01 pm

Ideanomics, Inc. (NASDAQ: IDEX) Evolving the Vision to Lead EV Solutions Development

New York-based Ideanomics redefined its operations last year to synergistically create a global ecosystem focused on the growing potential of the electric vehicle marketIdeanomics expects its developing revenue stream to largely depend on a Sales to Financing to Charging (S2F2C) business model based on vehicle and battery sales, financing and insurance services, and EV battery charging and related energy servicesForecasts anticipate more than a million…

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Thursday Mar 18, 2021 - 2:55 pm

Ideanomics, Inc. (NASDAQ: IDEX) Targets Global Markets Providing Shareholders with High-Growth Opportunities

Ideanomics raised $400 million in the last few months for growth and investment opportunitiesIDEX recently signed an agreement with Italian-based high-performance electric motorcycle company Energica, to acquire at least 20% of the companyCompany CEO Alf Poor to address a presentation on EV technology at the KraneShares’ Future of Green ETFs Summit Ideanomics (NASDAQ: IDEX) is a global company focused on EV and fintech businesses. Founded…

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Monday Mar 15, 2021 - 2:31 pm

Ideanomics Inc. (NASDAQ: IDEX) Expands Global EV Footprint with Energica Investment, CALSTART Membership

The acquisition of 20% of Energica Motor Company S.p.A. compliments majority-owned Treeletrik’s business in the ASEAN market and continued investment in European-based OEMCALSTART will assist in growing Ideanomics’ wholly-owned subsidiaries – enhancing national and global programsIdeanomics Mobility is a part of a global commercial EV market expected to surpass $132 billion by 2022 Ideanomics (NASDAQ: IDEX), a global company that is facilitating the adoption of…

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Wednesday Mar 03, 2021 - 11:20 am

Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) Investee Company PowerTap Teams with Carbonomics to Build Credits Pathway

Holding company Clean Power Capital Corp.’s investee PowerTap, a hydrogen fueling innovator, has teamed with carbon energy credits expert Carbonomics to develop and maximize the company’s ability to use clean energy creditsPowerTap is driven to establish a “hydrogen highway” for environmentally conscious motorists looking for an effective alternative fuelClean Power Capital is a majority investor in PowerTap — a key part of Clean Power’s focus…

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Monday Feb 22, 2021 - 11:42 am

PowerTap, an Investee Company of Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) Announces USA Hydrogen Station Distribution Model

PowerTap Hydrogen Fueling has signed a definitive agreement with the Andretti Group to create an optimized network by leveraging the latter’s operational expertise and global reachPowerTap plans to have 500 operational hydrogen filling stations deployed across the country by the end of 2025The existing business model's deployment of hydrogen stations expedites rollout due to the existing fuel operations on each siteThe hydrogen fuel cell vehicle…

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Friday Feb 19, 2021 - 12:12 pm

ev Transportation Services Inc.’s FireFly ESV Now Endorsed by Former Pro Golfer Ernie Els

The FireFly ESV is a highway-legal, application specific, essential services vehicle that is also all-electric with zero emissionsThe vehicle uses the safest lithium-ion battery technology with an expected lifespan of 10 years and a longer operating time per chargeThe 2021 FireFly ESV promises to be the best equipped ESV model yet Boston-based ev Transportation Services ("evTS"), a specialty vehicle manufacturer providing all-electric lightweight commercial utility…

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Friday Feb 12, 2021 - 3:08 pm

Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) Builds Momentum in its PowerTap Investment as Andretti Agreement Takes Off

Canada’s Clean Power Capital Corp., a holding company focused on investing in the renewable energy sector, recently increased its equity interest in California’s PowerTap Hydrogen Fueling Corp. from 90 percent to 94.5 percentPowerTap inked an agreement last month with the companies collectively comprising the Andretti Group, operated by auto racing legends Mario and Michael Andretti to situate and market PowerTap’s hydrogen fueling technologyPowerTap followed up…

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Wednesday Feb 10, 2021 - 3:29 pm

evTS Reveals Urban Delivery Focus for 2021, Additions to Board of Directors

ev Transportation Services (“evTS”) helps operators of essential services fleets with versatile vehicle solutionsFireFly has a lower cost of ownership because of minimal operation and maintenance (O&M) costsFireFly ESV is a task flexible urban mobility solution that “goes fast, goes further and carries heavier loads”Additions to Board of Directors offer invaluable experience to help evTS prosper, grow into positive cash flow by end of 2021…

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Friday Feb 05, 2021 - 11:11 am

PowerTap, an Investee Company of Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF), Inks Hydrogen Fuel Deal with Andretti Group

California-based PowerTap Hydrogen Fueling Corp. has signed a definitive agreement with the companies collectively comprising the Andretti Group to locate PowerTap’s hydrogen station technology at select Andretti propertiesThe Andretti Group will further help market PowerTap’s technology to third-party chain retailers, major oil companies and independent stations through the Andrettis’ deep network of automotive industry connectionsClean Power Capital Corp., based in British Columbia, Canada, is a…

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Friday Jan 22, 2021 - 2:40 pm

Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Welcomes California Planned $1.5B Stimulus for Hydrogen Fueling Infrastructure

The proposed allocation of these funds is in alignment with investee PowerTap’s plans to begin rollout of its hydrogen fueling stations network in the second half of the yearPowerTap will generate additional revenue to finance its hydrogen infrastructure by participating in the California Low Carbon Fuel Standard Carbon credit programHydrogen fueling adoption advocate and auto racing entrepreneur George Steinbrenner IV is appointed to PowerTap’s advisory…

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Monday Jan 11, 2021 - 12:20 pm

New Optimism for EVs in 2021 Drives Growth Opportunities for ev Transportation Services Inc.

The new year, with a pro-EV president and recent inclusion into a regional municipal group purchasing program, creates exciting potential for evTSevTS’s vehicles and fleet-management solutions designed to provide environmentally friendly platformNew 2021 FireFly ESV model offers attractive updated features, upgrade options The election of a new pro-EV president, and an agreement to sell its all-electric utility vehicles through a group purchasing program, represents significant…

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Monday Jan 11, 2021 - 11:35 am

EV Battery Costs Down Nearly 90%, Net Element Inc. (NASDAQ: NETE) Upshifting into EV Industry via Mullen Technologies Merger

Recent industry report suggests that EV battery costs are down nearly 90%Analysts predicting that falling EV battery prices will make EVs cost-competitive in several yearsNETE planning to divest its current business model in order to enter EV industry through reverse merger with privately-held Mullen Technologies Inc.Mullen currently taking pre-orders for five-passenger MX-05 SUV, Dragonfly K50 sports car Rapidly falling electric vehicle (“EV”) battery prices are…

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Friday Jan 08, 2021 - 11:54 am

Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Enhances Investment Profile with CSE Indices Placement, NASDAQ Strategy

British Columbia-based investment holding company Clean Power Capital Corp. is building a focused strategy for helping the hydrogen energy renewables sector to develop at a critical juncture in its historyClean Power recently announced its appearance on the Canadian Securities Exchange has been enhanced by listing on two of the CSE’s indices — the CSE Composite Index (R) and the CSE25 (TM) indexClean Power Capital is…

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Thursday Dec 31, 2020 - 1:26 pm

Net Element (NASDAQ: NETE), Mullen Merger Future Looks Bright with Projected Lower kWh Battery Prices

Experts predict average price per kilowatt-hour for batteries will hit $101 by 2021, resulting in lower EV pricesBattery prices would make an EV “cheaper than a gas car to buy,” observes “Car and Driver” articleMullen making strong strides toward production of several EV models With the news from Bloomberg that the average price per kilowatt-hour for batteries is projected to hit $101 by 2021, it…

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Monday Dec 28, 2020 - 1:13 pm

ev Transportation Services Inc. Announces Launch of 2021 FireFly ESV

New EV designed to meet needs of essential services transportation marketVehicle updated with maintainability in mind, retains the best of previous models but includes enhanced features and accessoriesImprovements were focused on quality, driver comfort and creating a wide variety of rear-bed accessory options designed to fit user needs ev Transportation Services, a specialty vehicle manufacturer that produces purpose-built, all-electric, lightweight commercial utility vehicles and fleet-management…

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Tuesday Dec 22, 2020 - 3:47 pm

ev Transportation Services Inc. Announces New Model, Strengthens Position as EV Space Reaches ‘Tipping Point’

“Forbes” article reports that EVs are “growing part of the automotive mainstream.” Big automakers rushing to bring EVs to market. evTS updated FireFly ESV incorporates best features from previous models, adds customizable upgrades. More than a hundred years ago, the first electric vehicle (“EV”) was introduced, but the market has been slow to adopt the technology. Today, however, a “Forbes” article reports that if the…

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Tuesday Dec 22, 2020 - 11:48 am

Net Element (NASDAQ: NETE) Gets Its Timing Spot-on as Electric Vehicle Industry Logs Record Month

By September 2020, growth rate of electric vehicle market increased to over 11% YoYSeptember 2020 marked record month for the EV industry, as 345,000 electric vehicles were sold globally – accounting for 4.9% of total automotive salesIncrease in EV sales due to combination of policy shifts, technological innovationsNet Element, through intended merger with privately held Mullen Technologies, expects to begin marketing Dragonfly K50 sports car…

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Monday Dec 14, 2020 - 2:22 pm

Net Element (NASDAQ: NETE) Revenues Improve During COVID Upheaval; Company Prepping for Upcoming Merger

Report notes that NETE is showing surprising business strength despite lockdowns persisting in New York, CaliforniaOnce restrictions are eased, company should rebound sharplyAgreement between NETE, Mullen outlines stock-for-stock reverse merger in which Mullen stockholders will receive outstanding stock in post-merger company With its previously announced definitive agreement with Mullen Technologies, a Southern California-based electric vehicle company, still in process, Net Element (NASDAQ: NETE) is valued…

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Thursday Dec 10, 2020 - 1:20 pm

Net Element, Inc. (NASDAQ: NETE) Prepares for Life in the Fast Lane as It Prepares to Shift into Electric Vehicle Space

Net Element plans to radically transform its business model following completion of merger with Mullen Technologies, converting into pure-play EV manufacturerElectric vehicles are set to account for 3% of global vehicle sales in 2020Governments have increasingly pushed for electric vehicle adoption as key pillar underpinning environmental objectives; the UK just announced ban on sale of fossil-fuel powered cars by 2030NETE CEO Oleg Firer recently elaborated…

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