Aug 13, 2020
Related Editorial Since 2013, the sale of electric vehicles (EV) in the United States has grown by an average of 25% a year (http://nnw.fm/B2GRb), a stunning figure when compared to the anemic 1.4% overall growth of the US auto market over the same interim (http://nnw.fm/hwjS2). Despite the stellar growth rate, EV sales only account for […]
Related Editorial
Since 2013, the sale of electric vehicles (EV) in the United States has grown by an average of 25% a year (http://nnw.fm/B2GRb), a stunning figure when compared to the anemic 1.4% overall growth of the US auto market over the same interim (http://nnw.fm/hwjS2). Despite the stellar growth rate, EV sales only account for a miniscule 2% share of the US automobile market but are projected to exceed 20% of annual vehicle sales by 2030. With a tenfold increase in market share expected over the next decade, market penetration has just begun, and there’s clearly still enormous upside. In a bold foray into the electric vehicle market, Net Element Inc. (NASDAQ: NETE) (NETE Profile) recently announced the execution of a definitive merger agreement to merge with Mullen Technologies Inc., a Southern California-based EV company. Mullen currently has seven retail locations in California, one in Arizona, and expects to launch a luxury sports car in the first half of 2021. With leading EV brands such as Tesla, Inc. (NASDAQ: TSLA), Nikola Corporation (NASDAQ: NKLA), NIO Inc (NYSE: NIO) and Workhorse Group Inc. (NASDAQ: WKHS) driving consumer interest within the segment, Net Element looks to capitalize on the growing fervor for high-quality electric vehicles and drive shareholder value. One look at the sporty, luxurious Dragonfly K50 indicates that NETE is on the right path.
To hear the AudioPressRelease, visit http://ibn.fm/gbbTH
To view the full editorial, visit http://nnw.fm/RzuHy
About Net Element
Net Element, Inc. operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., the Company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, its cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500(TM). In 2017, it was recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.
NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://nnw.fm/NETE
About NetworkNewsAudio
NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.
For more information, visit www.NetworkNewsAudio.com
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.
The younger O’Neal is a multi-hyphenate who made his runway debut with Dolce & Gabbana before landing a Coach campaign and appearing on Basketball Wives; now he’s making music with his stepdad
The MomToker faced backlash in 2022 for a video of her dancing in hospital with her sick infant son; she’s now expecting her third child with husband Conner, who admitted to using Tinder while married.
Last month the former teen heartthrob and The Fosters alum walked his mother down the aisle on Italy’s Amalfi Coast – but what do we know about his biggest supporter over the years?
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.
We support you and your zero checked bags EVER agenda. View Entire Post ›
Kim Tae-ri stars as talented young singer Yoon Jeong-nyeon whose mother (Moon So-ri) tries to stop her singing, in this Disney+ period drama.
The bullishness on Wall Street is largely based on confidence that the Federal Reserve will tame inflation, the economy will remain solid and corporate earnings will continue to grow.
She made her name leading glossy magazines. Now she’s joining the newsletter flock.
After the popular publication was folded into GQ, a group of them is striking out on its own. One of the first orders of business: doing away with album scores.
Sir Keir Starmer says this month's Budget was "going to be tough" but would "focus on rebuilding our country".
Some of these places deserve wayyyyyy more attention. Others, I definitely could have passed on. View Entire Post ›
Stroll around Austria’s fourth largest city and take in the places where Mozart was born, lived, and composed and conducted music.
As common as acne is, experts say there are some popular misconceptions about its causes. Research suggests diet and poor hygiene are not the clear culprits, but rather a multitude of factors are at play, including genetics, hormonal changes — and stress.
For Stephanie Craig and Mike Murphy, trying to grow their family has been difficult. Craig had a miscarriage in 2018 at 24 weeks and they tried IVF. Since then, the Guelph, Ont., couple have been looking for a surrogate, including now through social media.
Trip.com Group, a leading global travel service provider, reveals that while sustainability awareness is rising among travellers, there remains a gap between awareness and action. This is one of the key insights from the Sustainable Travel Consumer Report 2024 that the Group released today.
Global luxury hospitality leader Four Seasons and Lucid Group, Inc., maker of the world’s most advanced electric vehicles, announce a new partnership grounded in a shared vision of an exceptional, sustainable lifestyle. The collaboration underscores both companies’ commitment to environmental stewardship and responds to a growing guest desire for added flexibility and unique, eco-friendly experiences during their stay.
From 4th -8th November , 2024, the Southeastern Anatolian city of Şanlıurfa, home to the globally significant Neolithic sites of Göbeklitepe and Karahantepe, will host the World Neolithic Congress, the first of its kind. Organised under the auspices of the Ministry of Culture and Tourism and the Türkiye Tourism Promotion and Development Agency (TGA), this pioneering event will bring together approximately 1,000 scholars from 64 countries and 487 institutions to advance research and understanding of Neolithic cultures worldwide.
As autumn takes hold across Europe, Chia Laguna Resort, Sardinia welcomes guests seeking warm temperatures and activity filled days. Following an outstanding season marked by double-digit growth in occupancy rates, the resort welcomes all types of traveller to three distinct properties - Conrad Chia Laguna Sardinia, Baia di Chia Resort Sardinia - Curio Collection by Hilton, and Hotel Village
A far cry from the traditional African safari and catching sight of the ‘Big Five’ – Austria’s ‘Capital of the Alps’ offers instead five unique experiences for winter wanderers. From skiing under the stars or travelling through time at a Victorian Christmas market, to a magnificent carnival event that is only held every five years, the Innsbruck region is a hidden jewel, just waiting to be discovered.
The Gambia Experience celebrated its first flight of the season departing from Gatwick to Banjul on Friday, (11th Oct) marking over 35 years of winter sun holidays to The Gambia. Upon arrival at Banjul International Airport, passengers were warmly welcomed by The Gambia Experience resort team and British High Commissioner to The Gambia, Harriet King before being treated to a vibrant and welcoming reception from a local dance troupe, The Jola Cultural Group. Their energetic drumbeats and colourful costumes set the tone for a memorable holiday, providing an authentic, immersive experience, and first taste of the rich cultural traditions that make the destination so special.
The vote of confidence comes from Jeremy Chan, head chef at restaurant Ikoyi in London and who's created the new first-class menu for Eurostar.
Stay22, the travel tech company that offers affiliate revenue generation opportunities for travel content creators, has announced the integration of Booking.com’s wide range of products. This partnership will offer Stay 22’s network of over 2,700 global content creators the opportunity to generate revenue from every element of the travel experience in one place, including accommodations, flights, car rentals, and attractions, within their platforms.
Genius packing hacks, like a shirt that can be worn six ways, solid shampoo bars, and more. View Entire Post ›
Octopuses are intelligent, solitary creatures, and governments must stop funding ‘cruel and unsustainable’ octopus farms, reformers say.
The tech giant says it will use energy from small reactors to power its use of artificial intelligence.
For US$490 you can eat an authentic 18th century feast served by a butler at the British monarch’s table in Dumfries House, Scotland.
Four-month event featured music, dance, Chinese opera, multi-arts programmes, films, exhibitions, lectures, artist talks and masterclasses.
The poet-turned-rapper tells Style about seeing Flo Rida perform in high school, and how All Eggs in the Basket is not just the name of her upcoming release but a mantra for life.
CNBlue hit the big time in 2010 after their song Loner became a huge hit, and 14 years on, they talk about their career and new mini album X.
The Southern California mind (me) cannot comprehend the concept of a Vermont autumn... View Entire Post ›
Plaintiffs in antitrust case over Hermès limiting ability to buy coveted bags to customers who purchase other items amend their complaint.
A Chanel ambassador since 2018, Robbie succeeds the likes of Nicole Kidman, Catherine Deneuve and Marion Cotillard as the face of the iconic fragrance.
Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.
I went on a quest to find worthwhile fall rituals. Here's what I found.
What could happen if Donald Trump drastically increases tariffs as he has promised to do?
This year’s programme includes a drama ripped from Hong Kong headlines, a social satire in a near-future Japan and a modern romantic drama.
Falling launch costs have given African nations a chance to send their own satellites into orbit.
Alabama woman's case led to law, signed by Barack Obama, that gave Americans more rights to sue for pay discrimination.
The youngest Pelosi’s 2022 documentary, Pelosi in the House, includes recordings she made of the January 2021 US Capitol attack – footage that was later used during an investigation into the riots
Angry at what they view as China’s state-led xenophobia, taught in schools and prevalent online, some people are taking action, even at personal risk.