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Category Archives: Net Element Inc. NETE

Falling Battery Prices Pave Way for EV Future; Net Element Inc. (NASDAQ: NETE) Positioned to Profit through Mullen Technologies Merger

Posted on November 19, 2020 by MissionIR

EV battery prices becoming increasingly economical, dropping 87% in less than decade with additional 30% drop predicted by 2023 NETE plans to divest payments processing model to enter EV industry through merger with privately-held Mullen Technologies Inc. Battery-focused subsidiary Mullen … Continue reading →

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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE) Announces Q3 2020 Financial Results

Posted on November 16, 2020 by MissionIR

Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point of sale (“POS”), e-commerce and mobile devices, today announced its financial results for the third quarter ended Sept. … Continue reading →

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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Positioned at the Forefront of Reduced EV Manufacturing Costs

Posted on November 13, 2020 by MissionIR

Net Element (NASDAQ: NETE) is transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through its merger with privately-held Mullen Technologies Inc. Timing looks optimal for the transition as new research from investment bank UBS finds that … Continue reading →

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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Ramping Up for EV Production

Posted on October 21, 2020 by MissionIR

Net Element (NASDAQ: NETE) is transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through its merger with privately-held Mullen Technologies Inc. Mullen Technologies recently announced commencement of the build out of its pilot manufacturing facility and … Continue reading →

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MissionIRNewsBreaks – Net Element Inc.’s (NASDAQ: NETE) Foray into EV Market Driven by Dragonfly K50

Posted on October 16, 2020 by MissionIR

Net Element (NASDAQ: NETE) has recently transformed its business model to become a pure-play electric vehicle (“EV”) manufacturer through its merger with privately-held Mullen Technologies Inc. The company is set to begin marketing its initial vehicle model – the Dragonfly … Continue reading →

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Net Element Inc. (NASDAQ: NETE) Well-Poised to Capitalize as EV Market Set to Grow by 29% per Annum Over Next Decade

Posted on October 15, 2020 by MissionIR

Net Element’s reverse merger with EV manufacturer Mullen Technologies expected to close by 4Q2020 Mullen expects to begin marketing Dragonfly K50, sold in conjunction with JV partner Qiantu Motors from 2Q2021 followed by its own EV SUV in 2022 Deloitte … Continue reading →

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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE) Looks to Compelling Opportunity Through Pending Reverse-Merger

Posted on October 9, 2020 by MissionIR

Net Element (NASDAQ: NETE) previously entered a definitive agreement to merge with Mullen Technologies, a Southern California-based electric vehicle (“EV”) company, in a move intended to maximize shareholder value. The pending reverse-merger will allow privately-held Mullen stakeholders to acquire a … Continue reading →

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Net Element Inc. (NASDAQ: NETE), Mullen Technologies Announce Facility Build-Out, Pre-Sales of Fully Electric EV

Posted on October 6, 2020 by MissionIR

Mullen Technologies begins built-out of pilot facility, accepting orders for MX-05 SUV. Facility slated for April 2021 completion; first MX-05 SUVs rolling off production line by Q2 2022. In August, Net Element, Mullen Technologies announced execution of definitive agreement to … Continue reading →

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MissionIRNewsBreaks – Mullen Technologies Opens Pre-Sales for MX-05 Pure Electric SUV

Posted on October 1, 2020 by MissionIR

Mullen Technologies Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, today announced that it is accepting preorders for its newest EV vehicle. The MX-05 … Continue reading →

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MissionIRNewsBreaks – Mullen Technologies Inc. to Commence Construction of EV Pilot Facility Slated for Completion by April 2021

Posted on September 24, 2020 by MissionIR

Mullen Technologies, an emerging electric vehicle (“EV”) manufacturer and technology company that previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, this morning announced that it will commence the build-out of its … Continue reading →

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