Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that HotCars recently ranked Mullen and its EV crossover, the FIVE, No. 2 among the publication’s annual “10 EV Startups to Watch Out For” honorees for 2022. “I am delighted that the world is starting to take notice of the Mullen FIVE and what we have to offer the EV market and beyond,”…
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced a key partnership with DSA Systems, a leading international provider of vehicle system diagnostics and remote OTA technology. The partnership calls for the two companies to collaborate on Mullen’s strategic FIVE EV Crossover Program. MULN is working on its Mullen FIVE offering, which is built on an EV crossover skateboard platform that provides multiple…
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Dürr, one of the world's leading mechanical and plant engineering firms. Durr brings extensive expertise in automation and digitalization to the partnership, which is designed to focus on MULN’s EV manufacturing footprint. According to the agreement, Dürr, which has extensive expertise in automation and digitalization, will support Mullen’s Advanced Manufacturing and Engineering…
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, owns and partners with multiple synergistic businesses working to create clean and scalable energy solutions. Led by an executive team with extensive EV, OEM and high-growth startup experience, Mullen has evolved over the past decade in sync with technology trends and consumers. The company is working diligently to provide innovative EV options built entirely in…
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its reverse merger transaction with Net Element is now complete. According to the update, the combined company will operate under the name Mullen Automotive Inc., with shares of Mullen Automotive now trading on the Nasdaq Capital Market under the ticker symbol MULN. “We are excited to have completed this merger and our…
Mullen Automotive Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive stock-for-stock reverse merger agreement with Net Element (NASDAQ: NETE) in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company, today announced that Mullen Automotive has begun its plans to expand on its 100-acre site in Robinsonville, Mississippi. Located in Tunica County, Robinsonville is approximately 40…
Net Element’s (NASDAQ: NETE) post-merger company, Mullen Technologies Inc., announced that its Mullen FIVE EV crossover has been named as a finalist in elite awards presented by the LA Auto Show. The electric vehicle was selected as a finalist for the top EV SUV category in the ZEVA(TM) (“ZEVA”) People’s Choice Awards; public voting is being conducted now through Nov. 5, 2021. THE ZEVAs are…
Mullen Automotive Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive stock-for-stock reverse merger agreement with Net Element (NASDAQ: NETE) in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company, today announced its receipt of conditional approval to list the company’s common stock on the Nasdaq Stock Market LLC after satisfaction of the conditions established by…
Ideanomics (NASDAQ: IDEX) recently announced its entry into an agreement that will see the global company increase its stake in Energica Motor Company S.p.A, a manufacturer and distributor of high-performance 100% battery-powered motorbikes, to 70%. Energica’s motorcycles boast the highest emissions-free peak and sustained performance of any road-legal electric motorbike. The announcement came about six months after IDEX acquired a 20% stake in Energica. “At…
Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, will be represented at the BloombergNEF (“BNEF”) Summit. Company CEO Alf Poor is slated to participate in a panel session titled "Transport: Transition Path, Capital Required and Key Uncertainties." The session is scheduled to begin on Monday, Oct. 18 at 2:45 p.m. BST. The two-day summit will…
Ideanomics (NASDAQ: IDEX) recently appointed Robin Mackie as the new president of Ideanomics Mobility, a division that offers access to industry leading products and services across vehicle procurement, charging infrastructure and energy management. Mackie, who previously served Ideanomics as a consultant for six months, brings three decades of experience in engineering, operations and global design in different highly regulated industries, including offshore, construction and automotive.…
Mullen Automotive Inc., an emerging electric vehicle manufacturer, which previously announced a definitive stock-for-stock reverse merger agreement with Net Element (NASDAQ: NETE) in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company, today announced that its Tunica, Mississippi, Advanced Manufacturing and Engineering Center (“AMEC”) is now ready to begin assembly of Class 1 and Class 2 EV Cargo vans.…
DSG Global (OTCQB: DSGT) today announced that its Canadian electric vehicle division, Imperium Motor Company Canada, finished a successful Quebec Electric Vehicle event this past weekend. According to the update, the show resulted in significant exposure and media coverage, and Quebec Journalists experienced test drives of the SEV after the show with articles and TV reviews to follow. The enthusiastic consumer response to seeing and…
Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, will be a featured presenter at the upcoming, in-person LD Micro Main event; interested individuals may also attend virtually. The two-day convention is scheduled for Oct. 12–14 at the Luxe Sunset Bel Air in Los Angeles. As part of IDEX’s participation, the company’s chief revenue officer Kristen…
DSG Global (OTCQB: DSGT) will be participating, along with subsidiary Imperium Motors, in several upcoming shows, including the Quebec City EV Auto Show this weekend and the prestigious Los Angeles Auto Show in November. The company announced that its state-of-the-art electric bus and vans will be showcased at one of two major consumer entrances of the LA show. The location in front of the West…
DSG Global (OTCQB: DSGT) and its subsidiary, Imperium Motors, have announced the planned launch of the Sagitta(TM) electric vehicle during the upcoming LA Auto Show slated to take place on Nov. 17, 2021. Imperium and California Mobility Works (“CMW”) are partnering to showcase the new three-wheel, four-passenger EV, which is expected to create quite a stir. As CMW’s primary Sagitta distribution partner, Imperium anticipates high…
Ideanomics (NASDAQ: IDEX) subsidiary Wireless Advanced Vehicle Electrification (“WAVE”), a leading developer of high-power inductive charging solutions for medium- and heavy-duty vehicles, will be participating in a U.S. Department of Energy (“DOE”) electrified powertrain project designed to develop a one-megawatt wireless charging system for Class 8 electric trucks. A manufacturer of heavy- and medium-duty trucks, Kenworth is the primary recipient of the cooperative agreement, and WAVE…
Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, and its subsidiary, WAVE, has inked a multimillion dollar purchase order from the Antelope Valley Transit Authority (“AVTA”). Acquired by IDEX earlier this year, WAVE is the leading high-power, inductive-charging solution provider for medium- and heavy-duty vehicles. The deal calls for WAVE to provide 28 additional wireless…
DSG Global (OTCQB: DSGT) today announced that its Canadian electric vehicle division, Imperium Motor Company Canada, finished a successful Montreal Electric Vehicle Exhibit this past weekend. According to the update, the company took deposits on 136 SEV vehicles and experienced a strong uptick of 60 more deposits over the weekend for SEV vehicles ordered online during the show. The company received combined deposits on over…
DSG Global (OTCQB: DSGT), together with Imperium Motor Corp. (“IMC”), its automotive division and an electric vehicle (“EV”) sales and marketing company, is strengthening positioning in the growing market for smart new-energy vehicles. Focused on offering a wide variety of affordable vehicles equipped for the North American market with emphasis on great design, a green mindset and superior performance and functionality, IMC is working with…
DSG Global (OTCQB: DSGT) today announced that its electric vehicle division, Imperium Motor Company, has received a manufacturing license and world manufacturing identifier (“WMI”) code for the Terra-E Truck and SEV. According to the update, the Society of Automotive Engineers (“SAE”) and the Environmental Protection Agency (“EPA”) have assigned the WMI code 7PG to the company. “This is an important step towards bringing production of…
Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments, today announced that its stockholders have approved the proposed merger of the company’s wholly owned entity with Mullen Automotive Inc. (the “merger”). According to the update, a majority of the votes cast were in favor of the merger. The company will proceed to work on the final requirements to conclude…
DSG Global (OTCQB: DSGT) recently entered into a binding memorandum of understanding to acquire MTG Inc., an Ontario-based established automotive import/export company that operates in Canada, the United States and Mexico. MTG has extensive commercial fleet and retail connections throughout the global automotive industry. According to DSGT, the acquisition should be complete sometime in the third quarter of 2021, subject to several conditions. Once finalized,…
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 stock-for-stock reverse merger with privately held Mullen Technologies Inc. Mullen today announced the arrival of the Mullen FIVE EV Crossover. According to the update, Mullen will begin the final stages of engineering and dry fit process of the Mullen FIVE in…
Ideanomics (NASDAQ: IDEX) today announced its participation and vehicle showcase at the Advanced Clean Transportation (“ACT”) Expo, the industry's largest advanced transportation technology and clean fleet event. The ACT Expo is slated to take place at the Long Beach Convention Center in Long Beach, California, from Aug. 30 – Sept. 2, 2021. Ideanomics CRO Kristen Helsel will participate in a breakout session titled “Clean Transportation…
DSG Global (OTCQB: DSGT) today announced significant sales in less than two months after its electric vehicle division, Imperium Motor Company, entered into a binding memorandum of understanding for the acquisition of Ontario, Canada-based MTG Inc. A large-scale North American vehicle wholesale operation, MTG is well-established with over 25 years of experience and extensive commercial fleet and retail connections throughout the global automotive industry. Michael…
DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, today announced that Milpitas, California- based California Mobility Works (“CMW”) and Imperium Motors will host the unveiling of the Sagitta(TM) EV on Nov. 17, 2021, at the LA Auto Show. According to the update, the three-wheel, four-passenger Sagitta will impress the automotive world with its…
Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has reported its Q2 2021 operating and financial results for the period ended June 30, 2021. Highlights of the report included revenues for the quarter totaling $33.2 million with gross profit reaching $9.3 million, and $396 million in cash at quarter end that provides capital for investment…
DSG Global (OTCQB: DSGT) recently announced that Christian Dubois, an auto executive with more than three decades of experience in the automotive industry, has accepted the role of president of Imperium Motors Canada, a division of DSGT’s Imperium Motor Corp. Dubois has worked with Canada’s largest automotive group, Dilawri Group of Companies, BMW Canada and Mercedes-Benz Canada. He joins Imperium Motor Corp. as it focuses…
Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point-of-sale (“POS”), e-commerce and mobile devices, has announced its second-quarter 2021 financial results for the period ended June 30, 2021. A highlight of the report was an increase of net revenue to $33.3 million for the company, compared to $13.7 million for the same period…
Ideanomics (NASDAQ: IDEX), a global company focused on the convergence of financial services and industries experiencing technological disruption, is leveraging an innovative business model to capitalize on growth opportunities. “With its three strong pillars of EV (vehicles, charging and energy), IDEX is shaping the future of energy-driven commercial fleets through its two divisions, Ideanomics Mobility and Ideanomics Capital,” reads a recent article. The piece goes…
DSG Global’s (OTCQB: DSGT) Imperium Motors Canada was featured in a recent Driving article titled “First Drive: 2021 Imperium ET5.” The piece, authored by Andrew McCredie, discusses his driving experience of the Chinese electric vehicle (“EV”) that offers a sub-$45k price tag and is poised to shake up the Canadian EV market. “Imperium Motors Canada has worked out a deal with Skyworth Motors in China…
DSG Global (OTCQB: DSGT) was the subject of a recent research note published by Goldman Small Cap Research, a stock market research firm specializing in the small and microcap sectors and whose content was discussed in a recent article. Titled “Lordstown Motors Debacle Confirms DSG’s Model Built for Success,” the research note observed that recent news that EV darling Lordstown Motors may not continue as…
Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, and its subsidiary, Wireless Advanced Vehicle Electrification (“WAVE”), have announced the signing of a cooperative purchasing contract with Sourcewell. WAVE is a leading developer of high-power inductive charging solutions for medium- and heavy-duty vehicles; Sourcewell is a self-sustaining government organization that has offered cooperative purchasing with more…
Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that its subsidiary Solectrac launched the all-new e70N electric tractor. The specially designed, narrow model is purpose-built for easy handling and maneuverability on vineyards and farm operations. This news follows the company's July 1, 2021, announcement that long-time agriculture and construction industry veteran Mani Iyer was…
Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that it has pledged $25 million to support minority and underserved communities, driven by the company's continued environmental, social and governance (“ESG”) commitment. “Enabling financial empowerment has been the common thread for all businesses under Ideanomics Capital,” said Alf Poor, CEO of Ideanomics. “We are excited…
Ideanomics (NASDAQ: IDEX) recently boosted its stake in Solectrac to 100%, acknowledging the importance of electric vehicle (“EV”) technology not only to transportation but also to the agricultural industry. “As such, Solectrac is advancing to a leading position in what is currently a limited field of competition within the specialized EV sector with a product that is fully scalable and able to generate revenue,” reads…
Ideanomics (NASDAQ: IDEX) was pleased to see Dr. Abas Goodarzi, its newly appointed chief scientist and US Hybrid CEO, recognized with the well-deserved Institute of Electrical and Electronics Engineers (“IEEE”) Power Electronics Society (“PELS”) Vehicle and Transportation Systems Achievement Award. Dr. Goodarzi, an industry veteran with 38 years of experience in the electric, hybrid and fuel cell industries, was recognized for his contributions to the…
Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, will be hosting an earnings call and webcast. The event, which is scheduled for Aug. 16, 2021, will focus on the company’s second-quarter financial results, which will be released that same day at 4 p.m. ET; the conference call will begin at 4:30 p.m. ET. During the…
Ideanomics (NASDAQ: IDEX) announced June 14 that it had boosted its stake in California-based zero-emission electric tractors manufacturer and distributor Solectrac Inc. to 100% ownership. According to a recent article, not only did this move highlight applications of electric vehicle (“EV”) technology in the agricultural industry, “but also showcased Ideanomics’ drive to sustain next-generation solutions for the world’s energy consumption and living standard equity difficulties.”…
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