FridayJun 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 (“IMC”) unveiled more than two dozen electric-powered vehicles at the grand opening of the Imperium Motors Experience Center in Fairfield, California (https://ibn.fm/BGwLh). Held June 18–19, the grand opening event included interviews, press coverage,…

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TuesdayJun 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 vehicles IDEX paid an aggregate purchase price of $50 million in cash and stock considerations The acquisition marked IDEX’s entry into the burgeoning EV powertrain market, which is expected to grow at a CAGR of 16% from 2020 to 2027 The growth is due to several favorable factors that also bode well for the operations of IDEX and US Hybrid Ideanomics also announced that US Hybrid had received orders from Global Environment Products (“GEP”) for a fleet…

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FridayJun 18, 2021 1:35 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 the fleet-management solution provider for 15 new golf courses (https://ibn.fm/jvVhm). The contracts for the courses, which are located in the United States and abroad, total almost $988,000 and provide an ongoing revenue stream…

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WednesdayJun 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 solutions DSG Global subsidiary VTS finalized nearly $1 million in contracts to install and maintain VTS Fleet Management products in Q2 2021 at 15 golf courses in the U.S. and Singapore IMC is introducing the Terra-E Truck, Electric powered RVs, Skywell Buses, Rumble/Rover E-bikes, Skywell D-11 cargo and passenger vans and the Skywell K-15 box truck, increasing the company’s product…

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TuesdayJun 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 Ideanomics The 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, as well as other positive market indicators, appear to portend optimism for the company’s approach to concerns about energy consumption and global living standards.  The forecast is for revenues of $129 million this year,…

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TuesdayMay 25, 2021 11:17 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, 2021 These Q1 2021 results represented a sharp increase compared to Q1 2020 results Ideanomics announced it has reached a definitive agreement to purchase 100% of US Hybrid The acquisition is set to bring synergistic benefits to both US Hybrid and Ideanomics Mobility companies Established in 1999, US Hybrid designs, manufactures, and markets electric powertrain components On Monday, May 17, Ideanomics (NASDAQ: IDEX) released its Q1 2021 financials for the three months ending March 31, 2021. In what CEO Alf…

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MondayMay 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 EVs The 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 division Ideanomics Capital division, through wholly owned subsidiary Timios, is set to benefit from the pandemic-driven growth currently being witnessed in the housing market The global electric commercial vehicle market is expected to grow at a CAGR of 41.1% from 2020 to 2028, reaching a little over 2 million units…

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WednesdayMay 05, 2021 12:31 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 years The EV industry will witness a steady increase in the penetration of EVs in three key markets in which IDEX, through its Ideanomics Mobility division, operates The global fintech industry is projected to grow at a 23.58% CAGR from 2021 to 2025, while the US fintech market is estimated to witness a CAGR of 8.6% from 2019 through to 2024, and the Ideanomics Capital division focuses on fintech solutions A recent electric vehicle (“EV”) market publication by J.P. Morgan (NYSE:…

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FridayApr 30, 2021 12:15 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 Indonesia The deal will result in Treeletrik’s expansion, enabling Ideanomics to continue providing its shareholders with high-growth opportunities Indonesia, 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 electric motorbike market is expected to grow at a CAGR of 20.96% from 2019 to 2025, reaching $816.2 million from $364.4 million (https://ibn.fm/SBUHm) amid clamor around the high vehicular pollution and the need…

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WednesdayApr 28, 2021 12:52 pm

Ideanomics, Inc. (NASDAQ: IDEX) Lets Light Shine on Eco-friendly Operations During Earth Week

New York-based Ideanomics Inc. is building key operations in across the world, aiming to promote the transition from gas-powered vehicles to electric vehicles The company’s sustainability efforts were recently recognized by the NASDAQ exchange when Ideanomics rang the closing bell at the end of Earth Week Ideanomics (NASDAQ: IDEX) received the honor of virtually ringing the NASDAQ closing bell to wrap up Earth Week on April 23, highlighting the company’s “mission … to drive the sustainability transformation globally” and ensure it is making a difference (https://ibn.fm/JrhdR). Ideanomics now has two primary divisions: Ideanomics Mobility, whose mission is driving EV adoption…

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