Proposed Merger Between Net Element Inc. (NASDAQ: NETE) and EV Manufacturer Mullen Technologies Offers New Investment Opportunity
EV sales rising despite declining economy due in part to policy initiatives, government incentives EV share prices making triple-digit percentage gains since Q2 2020 NETE divesting payments processing business model, entering EV industry through definitive merger agreement with Mullen Technologies Merger expected to accelerate process of taking Mullen public in addition to catalyzing manufacturing operations in United States While sales of internal combustion vehicles continue to trend downward, electric vehicle (“EV”) sales are holding up - particularly in countries like Germany where EVs are heavily subsidized and central to the country’s economic recovery plan (http://ibn.fm/RqaIF). Investors continue diverting capital into the…