NewsRoom Articles - Page 72 of 73

WednesdayMar 10, 2021 2:15 pm

Retired EV Batteries Find New Uses on Farms, in Factories

Unlike conventional gas-powered vehicles that run on an internal combustion engine (“ICE”), electric vehicles (“EVs”) are powered by rechargeable lithium-ion battery packs. EV battery technology is still relatively new, and battery makers, as well as EV firms, are working to develop designs that are cheaper, more energy dense and last longer. However, rechargeable EV batteries will degrade over time and after ten or 20 years, most EV owners have to replace the battery pack. So where do these used batteries go? They usually still maintain around 70–80% of their original capacity at this point. Although this isn’t enough to power…

MondayMar 08, 2021 2:41 pm

Ideanomics Inc. (NASDAQ: IDEX) Acquires 20% Stake in Italian Listed Electric Motorcycle Maker Energica

Ideanomics, Inc. (NASDAQ: IDEX) recently entered into an investment agreement promising to purchase over 6 million Energica ordinary shares using a subscribed-shares arrangement that priced each subscribed share at Euro 1.78 In total, IDEX would invest approximately 13 million dollars in the Italy-based manufacturer of all-electric high-performance motorcycles According to IDEX CEO Alf Poor, the investment was driven by Energica’s manufacture of high-performance products that produce zero emissions In 2020, Energica experienced a 187% increase in revenue compared to 2019, and there is high demand for Energica’s motorcycles in the U.S. Ideanomics (NASDAQ: IDEX), a global company focused on investing…

MondayFeb 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 reach PowerTap plans to have 500 operational hydrogen filling stations deployed across the country by the end of 2025 The existing business model's deployment of hydrogen stations expedites rollout due to the existing fuel operations on each site The hydrogen fuel cell vehicle market worldwide was valued at $651.9 million in 2018 and is expected to grow to over $42 billion by 2026 Stemming from the announcement made by Clean Power Capital (CSE: MOVE) (FWB:…

FridayFeb 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 emissions The vehicle uses the safest lithium-ion battery technology with an expected lifespan of 10 years and a longer operating time per charge The 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 vehicles and fleet management solutions, is changing how essential services management and urban e-mobility markets are handled via its highly versatile flagship product, the Firefly ESV (essential services vehicle). To promote the FireFly…

WednesdayFeb 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 solutions FireFly has a lower cost of ownership because of minimal operation and maintenance (O&M) costs FireFly 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 ev Transportation Services (“evTS”) is a privately owned specialty vehicle manufacturer that produces purpose-built, all-electric, lightweight commercial utility vehicles and provides fleet management solutions primarily for the essential services transportation and urban…

FridayFeb 05, 2021 11:09 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 properties The 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 connections Clean Power Capital Corp., based in British Columbia, Canada, is a major investor in PowerTap, holding 90 percent equity interest as part of its mission to help build holdings in the health and renewable energy industries Clean Power announced in December that its appearance…

MondayDec 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 market Vehicle updated with maintainability in mind, retains the best of previous models but includes enhanced features and accessories Improvements 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 solutions, has announced the launch of its new 2021 FireFly ESV (https://ibn.fm/Zd24G). The FireFly ESV(r) was created to meet the requirements of the essential services transportation and urban mobility markets, which is estimated to…

TuesdayDec 22, 2020 3:45 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 “almost universal rush by manufacturers to bring fleets of wholly practical EVs to market is a meaningful indicator, we’re fast approaching the EV tipping point” (https://ibn.fm/FrecC). That’s exciting news for ev Transportation Services (“evTS”), the…

WednesdayDec 09, 2020 3:28 pm

Advocacy Group Says Canada Can Only Meet Climate Change Targets If it Manufactures EVs

The automotive world is headed towards electrification, and several countries have announced plans to fully electrify their roads over the next few decades. Canada, however, is facing a unique challenge. The country has seen a 37% (approximately a million vehicles per year) drop in vehicle manufacturing over the past two years, but curiously carbon emissions have increased by nearly 30%. Turns out Canadians are partial to SUVs and trucks that guzzle a lot of fuel and emit a lot of carbon. Canada has been ranked at the top for tailpipe emissions, but despite the increase in vehicle pollution, vehicle manufacturing has…

ThursdayOct 29, 2020 2:38 pm

ev Transportation Services Inc. Is ‘One to Watch’

evTS provides a versatile, purpose built, all-electric light duty utility vehicle, the Firefly ESV, that can be customized for various service industry applications Its durable modular design, agility and long-lasting battery make it an ideal vehicle for a wide range of tasks and operations in sectors such as parking enforcement, security, building maintenance, last-mile urban delivery and more The 2021 FireFly ESV model has been updated with enhanced features, including the proprietary evTS Connected Vehicle System ADOMANI Inc., a provider of zero-emission electric vehicles, signed a letter of intent earlier in 2020 to purchase and distribute the FireFly ESV The…

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