NewsRoom Articles - Page 74 of 78

ThursdaySep 16, 2021 10:30 am

Toyota Motor Corp. (NYSE: TM) Plans to Inject $13B into Developing EV Battery Tech

As the world starts to move on from the internal combustion engine, established automakers are making massive investments in electrification. Toyota Motor Corp. (NYSE: TM), which revolutionized the auto industry after it introduced the hybrid Toyota Prius more than two decades ago, has announced that it expects to spend more than $13 billion by 2030 developing electric vehicle (“EV”) batteries as well as a battery supply mechanism. EV batteries are still a work in progress, with automakers and battery makers working to develop lighter, energy-dense batteries, and Toyota’s investment will be instrumental in cementing the Japanese automaker’s spot in the…

FridaySep 10, 2021 12:26 pm

Electrify America Makes Locating EV Chargers Easier for Motorists

America’s electric vehicle (“EV”) segment has grown a great deal since Tesla Inc. (NASDAQ: TSLA) first released the Tesla Roadster, but insufficient public EV charging infrastructure remains one of the most significant hurdles to EV adoption. While there are more than 150,000 gas stations spread out across the country, there are only 50,000 EV chargers in the country, with an estimated 5,000 of them being Level 1 fast chargers. Consequently, any long journey using an EV requires extensive planning to ensure you have enough chargers along your route, especially if you plan on using fast chargers, which are in short…

FridaySep 10, 2021 9:15 am

DSG Global Inc. (DSGT) Subsidiary Announces Launch of Innovative Three-Wheel, Four-Passenger EV

New Sagitta electric vehicle will be unveiled at Nov. 17 LA Auto Show Imperium is CMW’s primary Sagitta distribution partner; company anticipates high demand for game-changing vehicle Limited production planned by late 2022, reservations accepted mid-year DSG Global (OTCQB: DSGT) and its subsidiary, Imperium Motors, have announced the planned unveiling of the Sagitta(TM) electric vehicle during the upcoming Nov. 17, 2021, LA Auto Show (https://ibn.fm/3R6GE). Imperium will partner with California Mobility Works (“CMW”) to show the new three-wheel, four-passenger EV, which is expected to create quite a stir during the shows. “We are thrilled to team up with CMW and make…

WednesdaySep 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 million The 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 earth’s climate, particularly involving wireless battery-charging technology for commercial fleets The acquisition will help VIA to focus on completing the manufacturing process, with vehicles expected to roll out by 2023 New York-based Ideanomics…

FridaySep 03, 2021 3:03 pm

Global EV Market Expected to See Nearly 20% CAGR Until 2028

The nascent electric vehicle (“EV”) sector is poised to experience major growth over the next decade. As the effects of climate change become increasingly apparent around the world amid freezing temperatures, heat waves and massive wildfires, territories are scrambling to reduce their reliance on fossil fuels and cut down on their greenhouse gas emissions by replacing fossil fuel cars with zero-emission electric vehicles. As such, the sector will experience significant growth over the next decade as automakers and fleets work to meet carbon emission standards and more drivers ditch their internal combustion engine (“ICE”) for electric cars. According to a…

MondayAug 30, 2021 9:00 am

DSG Global Inc. (DSGT), IMC Expand EV Line, Strengthen Position in Growing Market

Company is beginning to deliver vehicles on a grander scale IMC anticipates deliveries to individuals, fleets, dealers and government agencies during the second half of the year With each step forward, Imperium is seeing its dealer-candidate network of future dealers expand DSG Global (OTCQB: DSGT) and its automotive division, Imperium Motor Corp. (“IMC”), are taking significant steps forward as they strengthen their position in the growing market for smart new-energy vehicles. Imperium is working with two partners, Skywell Auto and Jonway Automotive Group, to offer 26 EV models for sale at both DSGT California facilities: the Fairfield Experience Center and…

WednesdayAug 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 strategy The company also recently named a new executive chairman of the board and a new vice chairman of the board who will help it scale its synergistic businesses New York-based commercial electric vehicle company Ideanomics (NASDAQ: IDEX) continues advancing its focus on the EV market as a solution…

ThursdayAug 05, 2021 11:53 am

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

Company enters into MOU to acquire auto import/export company Opportunities are to maintain excellence, leverage channels to grow sales DSG 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 based in Ontario (https://ibn.fm/gZE00). MTG operates in Canada, the United States and Mexico and has extensive commercial fleet and retail connections throughout the global automotive industry. “We are acquiring a proven entity and…

MondayJul 26, 2021 9:00 am

Ideanomics Inc. (NASDAQ: IDEX) to Release its 2021 Q2 Financial Results on Monday, August 16, 2021

Ideanomics plans to release its 2021 second-quarter financial results on Monday, August 16, 2021 The press release is scheduled at 4 pm ET and will be followed by a conference call at 4:30 pm ET The call will have the company’s senior management sharing their thoughts on the company’s performance It will also have a question-and-answer session for the audience Ideanomics (NASDAQ: IDEX) will release its 2021 second-quarter financial results on Monday, August 16, 2021. The press release will be issued at 4 pm ET and will be accompanied by a conference call at 4:30 pm ET (https://ibn.fm/uDgF9). The event…

ThursdayJul 22, 2021 9:00 am

Ideanomics Inc.’s (NASDAQ: IDEX) Sales To Finance to Charging (S2F2C) Business Model Paves Way For Exponential Growth Opportunities

Ideanomics’s EV market is expected to grow exponentially, driven by growing public awareness/acceptance and the U.S. administration’s support The company plans its expansion moves across three strong EV pillars: vehicles, charging, and energy IDEX acquisition of California-based Solectrac reflects the company’s approach to an electric tractor revolution In 2020, the number of global electric vehicles reached the 10 million mark, with battery electric vehicles (“EVs”) being the main force behind the expansion. The governments of many countries provided fiscal incentives that have acted as a catalyst for the new registration of electric cars (https://ibn.fm/zu2U7). Ideanomics (NASDAQ: IDEX), is a global…

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