London – July 29, 2020 – The fate of the $2-trillion auto industry is now sealed: In this double disruption that’s defying the global pandemic, Tesla has gained over 433%, sailing past a $1,500 share price and a $300-billion valuation. And absolutely everyone tied to this industry is catching the tailwinds. Mentioned in today’s commentary includes: Tesla, Inc. (NASDAQ: TSLA), Amazon.com, Inc. (NASDAQ: AMZN), Blink Charging Co. (NASDAQ: BLNK), BlackRock, Inc. (NYSE: BLK), Uber Technologies, Inc. (NYSE: UBER).
EV startup Fisker opted to go public right at this time, seeing the industry writing on the wall. Blink Charging has gained 257% since June and is still climbing.
But investors eyeing more–and less obvious ways–to profit from the EV surge is this tie-in: The company that upstaged giant Uber and Lyft on the ESG Investing scene to bring the world the first-ever ride-hailing platform with an EV angle.
The next in line that could benefit from the massive EV surge is Facedrive (FD,FDVRF), the startup leading the Canadian evolution of shared mobility–from EV and carbon-offset ride-sharing to acquisition-hungry food delivery, healthcare services, even COVID tracing tech–and much more.
There were EVs before Tesla. But no one wanted to drive them. Elon Musk changed that. In the same way, there was ride-hailing before Facedrive. But it had no “impact investing” appeal. Facedrive is changing that.
Big money is no longer willing to risk it all on high-growth prospects with no ESG angle. That’s because ESG, or environmental, social and governance investing has become synonymous with risk mitigation, whether it’s related to climate change, human rights or simply good governance. Facedrive has the new business model designed to lure in this big money.
It’s sharp, sleek, ultra-high-tech, eco-friendly and comes with a complete ESG value chain of services. It’s the first to offer riders a choice of EVs and hybrids, and to plant trees to offset its carbon footprint. It’s the first to bring cities and communities on as stakeholders, and to treat its drivers as people who deserve living wages. It’s the first to truly view ride-sharing as one part of a much bigger ESG shared mobility picture that all hinges on the most advanced technology.
Even Amazon’s Jeff Bezos is on board. In addition to his $10 billion green fund, Amazon (AMZN) is investing big on the transportation of tomorrow too – leading a $700 million investment round in EV startup Rivian before acquiring robo-taxi startup Zoox for over $1 billion. And it’s also signing on to Facedrive’s partnership program.
The news flow has been fast and furious even beyond acquisitions, with tie-ins to Amazon and Canada’s Telus telecoms giant and even government endorsement for its high-tech COVID tracing … and it’s about to start flowing even faster.
Here are 6 Reasons to keep a close eye on this space:
#1 The ESG Trend Is Exploding
ESG Investing isn’t just a trend–it’s a megatrend. And it isn’t just a megatrend, even. It hit that status in 2018 at the $30-billion mark. Now it’s a craze that’s tied sustainability directly to risk mitigation instead of morals. In other words, it’s where the big money is flowing, and where the big money is to be made.
Just ask BlackRock (NYSE:BLK), which has now replaced Goldman Sachs to become the King of Wall Street. Blackrock makes this trend all too clear. The world’s largest asset manager has played a key role in fueling the hype. It’s planning to more than 10x that number over time though, aiming to boost that number to over $1 trillion by 2030.
This should serve as a massive wake-up call for investors everywhere, as BlackRock – the $84 billion hedge fund – has replaced Goldman Sachs as the most important banking company in the world.
Facedrive (FD,FDVRF) is about sustainability across its entire chain of ESG-focused services and revenue streams. That’s because it saw the trend coming in advance–way back in 2016.
Its rival, Uber (UBER), still hasn’t seem to have gotten the message. Though it has been incredibly successful in disrupting the entire transportation market in just a few short years, Uber is still struggling with debt, and its public image is dwindling as it fails to meet the new standard of sustainability.
Uber’s ex- CEO Travis Kalanick once said, “A city that welcomes Uber onto its roads will be a city where people spend less time stuck in traffic or looking for a parking space,” adding, “It will be a cleaner city, where fewer cars on the road will mean less carbon pollution.”
But the reality couldn’t be further from the truth. In fact, in many studies, it has been revealed that Uber actually increases emissions in these cities. And that’s why the world so desperately needs an alternative.
That’s where Facedrive launched its ESG coup: Offering customers a choice they’ve never had in ride-hailing. Facedrive customers can choose from EVs, hybrids or conventional cars, and then rest assured that part of the CO2 footprint they might leave behind is offset by Facedrive tree-planting.
That puts Facedrive at the lucrative crossroads of two megatrends: The disruption of the global transportation service industry heading towards $7.5 trillion in 2023 and the ESG investing trend that has far more demand than supply right now.
And while green ride-sharing will be pinging the radar of ESG-hungry investors on Wall Street, Facedrive has a major lineup of other services that all tick the rider-relationship revenue box and all play into the sustainability trend …
#2 Partnership Deals With Corporate Giants
When Facedrive officially launched its Corporate Partnership Program on June 30th, to anyone paying attention, it was a huge deal because it included giant Amazon–just for starters.
Both global e-commerce giant Amazon and Canadian Tier-1 telecoms giant Telus jumped in on Facedrive’s corporate partnership program. And that news flew right under the radar because it wasn’t officially announced and was revealed only after Facedrive released its Q2 earnings report. That means both giants will be Corporate partners of Facedrive and that their employees will receive preferred rates on Facedrive products and services. And they won’t just be using Facedrive in Canada, they’ll be helping it expand its technology infrastructure around the world as Facedrive branches out internationally.
#3 Storming the Food Delivery War Zone
Facedrive (FD,FDVRF) is pursuing aggressive expansion in this space–but is not prepared to pay premium prices like Uber has been.
On July 10th, Facedrive finalized a deal to acquire the assets of Foodora Canada, a subsidiary of giant Delivery Hero–the $20-billion multinational food delivery service operating food delivery services in 40 countries and services over 500,000 restaurants.
Facedrive’s acquisition of the Foodora Canada food delivery business gives it hundreds of thousands of user contacts and over 5,500 new restaurant partners, making the launch of Facedrive Foods a major power play in Canada.
The deal comes at a time when the food delivery segment is undergoing a global war that’s even more intense than the streaming wars. It’s also a war that is likely to result in premium-price rival takeovers.
#4 Government Endorsement of Proprietary COVID Tracing Tech
Facedrive engineered a major coup at the height of the COVID pandemic, launching TraceSCAN, a homegrown Canadian COVID-19 tracing solution and the only well-known viable application that features Bluetooth wearable tech integration.
Facedrive has now partnered with LiUNA–one of the largest labor unions in the world–to help protect the health and safety of its 130,000 members and their families in Canada. Now, Facedrive is the definitive leader in this space in Canada.
The government isn’t just endorsing the tech, it’s supporting its deployment–far and wide. It’s the only tech that can effectively help trace coronavirus infections, and it will be crucial to contact tracing on everything from Parliament Hill’s major renovation project in Ottawa, to corporate offices, sporting events, healthcare facilities, long-term care facilities and outdoor venues.
#5 The Name of the Game Is Ultimate Impact
Initiatives that have the capacity for widespread impact are drawing investors in flocks. And with the socially conscious millennial generation launching itself into the market and 30-some-odd years from retirement, this trend is beyond ‘mega’. And Facedrive (FD,FDVRF) is adding “impact” to everything from ride-sharing and food delivery to COVID tracing and exclusive clothing for a solid line-up of ESG services in a single shared mobility company.
It’s rare to see a new company moving this fast to take advantage of multiple opportunities provided by everything from giant Uber’s missteps to a global pandemic and the march of big capital toward sustainable investing.
It’s on the right side of history: In lock-step with Tesla’s EVs and BlackRock’s “impact investing” takeover of Wall Street.
Tesla (TSLA) has been tearing it up, with its stock price skyrocketing this year. Not only is Tesla’s auto business booming, it’s even taken a dive into the solar sector, creating rooftop solar panels that are cheaper and more efficient than traditional sources.
Smashing Wall Street consensus left and right, there seems to be no stopping Tesla, and it’s taking the rest of the industry along for a ride in its wake. Tesla’s rise has even helped propel Blink Charging into the spotlight.
Blink (BLNK), an electric vehicle charging company, has risen by 319% in just three months, and it’s showing no signs of slowing. A flurry of new deals, including a collaboration with EnerSys have created some support for the relative newcomer.
Michael D. Farkas, Founder, CEO and Executive Chairman of Blink noted, “This is an exciting collaboration with EnerSys because it combines the industry-leading technologies of our two companies to provide user-friendly, high powered, next-generation charging alternatives. We are continuously innovating our product offerings to provide more efficient and convenient charging options to the growing community of EV drivers.”
The dramatic rise of all things green in the stock market has been a boon for companies like Facedrive, Tesla, and Blink Charging.
By. Laura Hernandez
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the demand for ride sharing services will grow; that the demand for environmentally conscientious ride sharing services companies in particular will grow quickly and take a much larger share of the market; that Facedrive’s TraceScan app will be adopted by other parties including government; that Facedrive’s marketplace will offer many more sustainable goods and services, and grow revenues outside of ride-sharing; that new products co-branded by Bel Air and Facedrive will sell well; that Facedrive can achieve its environmental goals without sacrificing profit; that Facedrive Foods will expand to other regions outside southern Ontario soon; that major corporations will partner with Facedrive; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the TraceScan app may not be adopted because of better apps offered by competitors or because of expense the ability of the company to attract a sufficient number of drivers to meet the demands of customer riders; the ability of the company to attract drivers who have electric vehicles and hybrid cars; the ability of Facedrive to attract providers of good and services for partnerships on terms acceptable to both parties, and on profitable terms for Facedrive; that the products co-branded by Facedrive may not be as merchantable as expected; that Facedrive does not attract major corporations as corporate partners, and even if it does, the partnerships do not bring the customers or revenues expected; the ability of the company to keep operating costs and customer charges competitive with other ride-hailing companies; and the company’s ability to continue agreements on affordable terms with existing or new tree planting enterprises, riders and drivers in order to retain profits. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
ADVERTISEMENT. This communication is not a recommendation to buy or sell securities. An affiliated company of Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has signed an agreement to be paid in shares to provide services to expand ridership and attract drivers in certain jurisdictions. In addition, the owner of Oilprice.com has acquired a considerable number of additional shares of FaceDrive (FD.V) for personal investment and is negotiating to acquire more. This compensation and share acquisition resulting in the beneficial owner of the Company having a major share position in FD.V is a major conflict with our ability to be unbiased, more specifically:
This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.
SHARE OWNERSHIP. The owner of Oilprice.com owns shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.
RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.
DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.
FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.
Media Contact e-mail: email@example.com U.S. Phone: +1(954)345-0611