GreenEnergyBreaks Archive - Page 105 of 107

ThursdayApr 01, 2021 11:11 am

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Releases FY 2020 Financial Report

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles (“EVs”) and associated energy consumption, has reported its full-year 2020 revenues and operational milestones for the year ended Dec. 31, 2020. Highlights of the report indicate that the company’s revenues for the year totaled $26.8 million, resulting in sufficient resources to support IDEX’s strategic long-term growth plan. The report also noted Ideanomics’s continued strength and consistent performance in the EV industry as the company’s Sales 2 Financing 2 Charging (“S2F2C”) business model gains traction in the electric vehicle sector. The financial report also indicated that…

FridayMar 26, 2021 1:32 pm

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Furthers Strategy with Energica Investment

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, has inched closer to realizing its vision with the recent acquisition of a 20% stake in Energica Motor Company S.p.A. (“Energica”), a manufacturer of high-performance electric motorcycles. The investment, amounting to approximately $13 million, is part of a strategy to bring together companies producing electric vehicles and related products or services, thus allowing technology synergies to play out among them. “The latest investment, Energica, will be part of Ideanomics’ Mobility division and is the second of its kind for…

TuesdayMar 23, 2021 12:33 pm

GreenEnergyBreaks – ev Transportation Services Inc. (‘evTS’) Enters Agreement with The Shyft Group’s DuraMag to Manufacture Custom Bodies for Its FireFly(R) ESV

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services transportation and urban e-mobility markets, today announced its entry into an agreement with The Shyft Group, North America’s leader in specialty vehicle manufacturing, assembly and upfit for ecommerce-driven parcel delivery and parent of DuraMag, a leading fabricator of custom aluminum service and utility bodies. The agreement calls for DuraMag to engineer, build and assemble food and parcel delivery van bodies and landscape, dump and flatbed utility bodies for the FireFly vehicle at the company’s facility in Waterville, Maine. The companies will also collaborate efforts on FireFly fleet…

FridayMar 19, 2021 2:34 pm

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Targets New Investments and Acquisitions

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, is eying expansion through acquisitions and new investments. “The company expects 2021 to be another growth year after it raised approximately $400 million over the past six months,” reads an article on why Ideanomics is “one to watch.” “This funding has already been put to good use with acquisitions of Wireless Advanced Vehicle Electrification (‘WAVE’) and Timios. With roughly $200 million still on the balance sheet, Ideanomics continues to look for new investments and acquisitions in revenue-based opportunities focused…

WednesdayMar 10, 2021 2:01 pm

GreenEnergyBreaks – ev Transportation Services Inc.’s FireFly ESV Boasts Superior Performance

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, offers a robust all-electric vehicle designed with performance and versatility in mind. “As an all-electric vehicle,” reads an article describing evTS’s product, “the FireFly ESV uses the safest lithium-ion battery technology currently available (LiFePO4, Lithium Iron Phosphate). This chemistry provides superior acceleration, a lighter weight design, improved energy-efficiency, and is highly reliable. A proprietary management system maintains and monitors the battery, ensuring optimal performance and range, with an expected lifespan of up to 10 years. Unlike other vehicles that have been manufactured…

TuesdayMar 09, 2021 1:02 pm

GreenEnergyBreaks – Ideanomics (NASDAQ: IDEX) Acquires 20% Stake in Energica Motor Company

Ideanomics (NASDAQ: IDEX) today announced that it has acquired 20% of Italian Energica Motor Company S.p.A., a developer of high-performance, 100% battery-powered motorbikes, for the consideration of $13.2 million. With this move, which marks continued investment in European-based OEM, Ideanomics expands its global footprint in the electric vehicle (“EV”) industry. "Energica has combined zero emissions EV technology with high-performance engineering synonymous with Italy's Motor Valley to create a range of exceptional products for the motorcycle market," said Alf Poor, CEO of Ideanomics. "It also has proprietary EV battery and DC fast-charging systems that have applications and synergies with Ideanomics Mobility.…

WednesdayMar 03, 2021 1:20 pm

GreenEnergyBreaks – ev Transportation Services Inc. Targets On-Demand Urban Delivery as Next Wave of Focus

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, is currently focused on opportunities within the U.S. market. “Although international parties have expressed interest in evTS technology, the company remains focused on meeting the immediate needs of the U.S. market for the time being… Potential international sales of the FireFly ESV could increase the company’s sales by five to ten times over a 12- to 18-month time frame.” This is according to an article detailing ev Transportation Services Inc.’s outlook for 2021. “evTS’s focus is on categorized essential services… These essential-service…

WednesdayFeb 24, 2021 12:24 pm

GreenEnergyBreaks – ev Transportation Services Inc. (‘evTS’) to Integrate AutoVu(TM) License Plate Recognition System on FireFly ESV(R) Vehicles

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban e-mobility markets, today announced that it has received certification for integration of the Security Center AutoVu(TM) automated license plate recognition (“ALPR”) system on its FireFly ESV(R) vehicles. According to the update, the Security Center AutoVu ALPR system automatically reads license plates and identifies parking infractions, enhancing enforcement efficiency and increasing patrol coverage. AutoVu is the leading ALPR solution for parking enforcement and is deployed across the world by municipalities, institutions and parking operators. “Tackling urban congestion and use of ‘curb management’ solutions have become an…

WednesdayFeb 17, 2021 12:39 pm

GreenEnergyBreaks – ev Transportation Services Inc. (‘evTS’) Enters Agreement for the Manufacture and Distribution of Its FireFly(R) ESV in the UK

ev Transportation Services (“evTS”), a specialty vehicle OEM focused on the essential services and urban mobility markets, today announced its entry into a cooperative agreement to have its FireFly(R) ESV vehicles manufactured and distributed in the United Kingdom by Evtec Automotive, a U.K.-based electric vehicle technology group and part of the Stetford Group. The agreement calls for assembly and distribution of 5,000 FireFly vehicles over the next three years in the U.K. and further grants Evtec rights to expand its distribution network to markets in Western Europe. “We believe the combination of Stetford Group’s experience and industry leadership in automotive…

FridayFeb 05, 2021 3:15 pm

GreenEnergyBreaks – ev Transportation Services Inc. Eyes Exciting Opportunity Through Regional Purchasing Program

ev Transportation Services (“evTS”), a designer, developer and manufacturer of all-electric lightweight commercial vehicles and fleet management solutions, recently entered into an agreement with the metropolitan Boston-area Metropolitan Area Planning Council (“MAPC”) and the Greater Boston Police Council (“GBPC”) to offer its EVs for sale. Under the agreement, the company’s FireFly ESV all-electric commercial utility vehicles will be sold under the agencies’ Group Purchasing Program contract for 2021 within the 101 cities and towns of the metropolitan area. “We are excited to include an electric vehicle manufacturer (‘evTS’) from Massachusetts in an MAPC Public Works and Public Safety Cooperative Purchasing…

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