DALLAS, Aug. 19, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today confirmed that it expects revenue from its Electric Vehicle (EV) Rideshare Business to start before the end of 2021. The company added today that it intends to publish a specific revenue target in approximately three weeks from now, shortly after Labor Day which… Continue reading ALYI Expects To Begin Generating EV Rideshare Revenue This Year Entering $16 Billion Motorcycle Taxi Market
Tag: Financial Results
Battery power capacity in the US grew big time in 2020
2020 was a big year for big batteries in the US, which is crucial for getting grids to run on more renewable energy. Power capacity — a measure of how much power a battery can instantly discharge — for large-scale batteries grew at an unprecedented pace in the US last year, according to an annual… Continue reading Battery power capacity in the US grew big time in 2020
Global funds are pessimistic about Apple, Amazon, Microsoft, Tesla, and other stocks, Bank of America says. These are the 10 they’re piling into instead.
Bank of America notes that stocks that funds are overweight in tend to outperform, and vice versa. Chinese stocks saw massive outflows from funds in July as regulatory pressures ramped up. Here are the 10 stocks that funds are most overweight in right now, according to Bank of America. See more stories on Insider’s business… Continue reading Global funds are pessimistic about Apple, Amazon, Microsoft, Tesla, and other stocks, Bank of America says. These are the 10 they’re piling into instead.
Superior Interior Trim Enhancement in Automotive Aesthetic Influencing Consumer Spending on Passenger Vehicle upgrades
NEW YORK, Aug. 19, 2021 /PRNewswire/ — Global automotive trim part sales are set to be valued to around US$ 58 Bn in 2031, according to latest research by Persistence Market Research, a research and consulting firm. The report estimates the market to expand at a steady CAGR of 4% through the course of 2021-2031.… Continue reading Superior Interior Trim Enhancement in Automotive Aesthetic Influencing Consumer Spending on Passenger Vehicle upgrades
China Evergrande in talks with Xiaomi consortium to sell EV unit stake
Embattled Chinese property developer Evergrande Group is in talks with smartphone maker Xiaomi and Shenzhen state-backed investment firms as it looks to sell part of a 65% stake in its electric vehicle (EV) unit, three sources said. The Evergrande New Energy Vehicle (NEV) Group had a market capitalisation of $12.5 billion on Thursday and one of the sources said… Continue reading China Evergrande in talks with Xiaomi consortium to sell EV unit stake
Locomobi World Announces ‘OutPound Ai’: Driver Self-Service Release System for Impounded Vehicles
TORONTO, Aug. 19, 2021 /PRNewswire/ — Locomobi World Inc. expands the Worldstream initiative of linking cars, people and data through one master cloud portal to share with all potential users. The Secure Automated Outpound Ai (Artificial intelligence) application truly changes how cities and towing companies manage impounded vehicles. This fully automated and unattended solution for drivers keeps… Continue reading Locomobi World Announces ‘OutPound Ai’: Driver Self-Service Release System for Impounded Vehicles
Venzee Strengthens Sales Team to Support Accelerated Growth
Appoints Joel Carstedt as Senior Director of Sales CHICAGO, Aug. 19, 2021 /PRNewswire/ – Venzee Technologies Inc. (TSXV: VENZ) (OTCQB: VENZF) (“Venzee” or the “Company“), the leading Artificial Intelligence Platform for Product Data, announced today that it is increasing investment in its sales department in preparation for growth acceleration. Fortification of the Company’s sales efforts demonstrates… Continue reading Venzee Strengthens Sales Team to Support Accelerated Growth
Technology · 12:11 PM UTCEV scooter startup Bird posts lower loss amid rapid expansionBird Rides electric scooter rental company on Thursday reported …
A smart phone app time-of-use electric scooter from Bird Rides Inc. is shown parked next to a sidewalk in San Diego, California, U.S., May 17, 2018. REUTERS/Mike Blake Aug 19 (Reuters) – Bird Rides electric scooter rental company on Thursday reported a narrower second-quarter loss, with revenue soaring to above pre-pandemic levels as COVID-19 restrictions… Continue reading Technology · 12:11 PM UTCEV scooter startup Bird posts lower loss amid rapid expansionBird Rides electric scooter rental company on Thursday reported …
China to set up new state-owned conglomerates in strategic sectors
China will set up new central government-owned conglomerates focusing on strategic emerging industries at an appropriate time, the State Assets Supervision and Administration Commission (SASAC) said on Thursday. State-owned giants in the world’s second-biggest economy should step up innovation and strengthen tech research for industrial machines, high-end chips, new materials and new energy vehicles, the SASAC said in a statement… Continue reading China to set up new state-owned conglomerates in strategic sectors
@niche: Do Options Traders Know Something About Workhorse (WKHS) Stock We Don’t?001159
Investors in Workhorse Group Inc. WKHS need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 15, 2021 $15.00 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market… Continue reading @niche: Do Options Traders Know Something About Workhorse (WKHS) Stock We Don’t?001159