Cleantech

A New Resource to Help Residents Combat Climate Change Through Individual and Collective Actions

Facedrive Inc. (" Facedrive " or the " Company ") (TSXV:FD) (OTCQX:FDVRF), a Canadian "people-and-planet first" tech ecosystem, is pleased to announce that the Company's EcoCRED mobile application will be part of a pilot project (" Pilot Project ") partnering with The Maryland-National Capital Park and Planning Commission, Department of Parks and Recreation in Prince George's County and Pepco, to help the county's residents reduce their carbon footprint and build eco-friendly habits. The initiative to provide Prince George's County residents with EcoCRED as a means to improve sustainability habits is supported by Pepco, a local energy delivery company providing safe, reliable, affordable and sustainable energy service to approximately 894,000 customers in the District of Columbia and Maryland.

EcoCRED is a sustainability platform aimed at empowering people to do more for the planet. Through its mobile application, EcoCRED estimates users' daily carbon footprint based on data they input relating to where they live, how they commute, their heating and air conditioning habits, and the type of vehicle they drive. In the weeks prior to this announcement, functionality and data of EcoCRED was expanded to customize the application for residents of Prince George's County.

This Pilot Project is aimed at advancing the mission of the Department of Parks and Recreation to conserve and protect the natural spaces and species in the county through sustainable practices. Residents will be able to use the EcoCRED App to track simple daily habits that have the potential to make a significant difference. Furthermore, the EcoCRED App will enable residents to measure, trace and reduce their carbon footprint and obtain carbon credits that can offset the impact on the planet and help bring powerful sustainable initiatives (like wind farms) to life. Residents of Prince George's County will be joining over 40,000 EcoCRED members who, together, have reduced over 4,000,000 pounds of carbon emissions through their usage of the platform.

"The EcoCRED App is designed to help those who think individuals cannot make a difference realize that small, consistent actions by individuals can make a big difference for our planet," noted Suman Pushparajah, COO of Facedrive. "Facedrive and EcoCRED were both founded on a powerful vision of building a cleaner and brighter future for our customers and communities. We are pleased to be part of this rollout. Supporting our planet is not an option. It is each and everyone's duty."

"When each of us makes small changes in our daily routine, using tools like EcoCRED, we build habits that help reduce our ecological footprint," said Bill Tyler, Director of the M-NCPPC, Department of Parks and Recreation. "The EcoCred App will provide residents with information on the Department's sustainability efforts and events, and how they can take part."

"At Pepco, we are committed to powering a cleaner and brighter future for our customers and communities," said William Ellis, Pepco Region Vice President. "We are pleased to recognize the Prince George's County Department of Parks and Recreation for its longstanding commitment to environmental stewardship and sustainability and look forward to partnering with the Department to provide information and resources, such as EcoCRED, to advance more sustainable communities."

About Facedrive

Facedrive is a multi-faceted "people-and-planet first" tech ecosystem offering socially-responsible services to local communities with a strong commitment to doing business fairly, equitably and sustainably. As part of this commitment, Facedrive's vision is to fulfil its mandate through a number of services that either leverage existing technologies of the Company or project synergies with existing lines of business. Facedrive's service offerings include its: (i) eco-friendly rideshare business, Facedrive Rideshare; (ii) food delivery service, Facedrive Foods; (iii) electric and hybrid vehicle subscription business, Steer; (iv) contact-tracing and connected health technology services, Facedrive Health; (v) e-commerce platform, Facedrive Marketplace; and (vi) e-social platform, Facedrive Social. Facedrive Rideshare was among the first to offer a wide variety of environmentally and socially responsible solutions in the Transportation as a Service (TaaS) space, planting thousands of trees based on user consumption and offering choices between electric, hybrid and conventional vehicles (including, more recently, electric and hybrid vehicles on a subscription basis through Steer). Facedrive Marketplace offers curated merchandise typically created from sustainably sourced materials and linked to social causes. Facedrive Foods offers contactless delivery of a wide variety of foods right to consumers' doorsteps, with a focus on doing so in a socially and environmentally-conscious manner. Facedrive Social strives to keep people connected in a physically-distanced world through its HiQ and other e-socialization platforms that invite users to interact based on common interests and by offering gamification and mutual community support features. Facedrive Health strives to develop and offer innovative technological solutions to the most acute health challenges including its proprietary TraceSCAN wearable technology for contact tracing. Facedrive envisions changing the ridesharing, food delivery, e-commerce, social and health tech narratives for the better, for everyone, and is currently operational in Canada and the United States. For more about Facedrive, visit www.facedrive.com .

Facedrive Inc.
100 Consilium Pl, Unit 104, Scarborough, ON, Canada M1H 3E3
www.facedrive.com

Forward-Looking Information

Certain information in this press release contains forward-looking information. This information is based on management's reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this press release. Actual results and the timing of events (for example, those related to the success of the Pilot Project) may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.

See "Forward-Looking Information" and "Risk Factors" in Facedrive's Annual Management Discussion & Analysis (MD&A) for the year ended December 31, 2020 (filed on SEDAR on April 30, 2021) for a discussion of the uncertainties, risks and assumptions associated with these statements and other risks. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities legislation and regulatory requirements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Media: Sana Srithas | sana@facedrive.com
Tel: 1-888-300-2228

News Provided by Business Wire via QuoteMedia

How to Invest in Cleantech

How to Invest in Cleantech

There’s no denying the importance of the cleantech sector — even more so as climate change continues to be a growing concern on a global level.

It should come as no surprise, then, that interest in the cleantech sector is making waves, and there’s no shortage of opportunities available for the cleantech investor.

For example, according to Fortune Business Insights, the global market for green technology will be worth US$51.09 billion by 2029. These technologies include those targeting green building, agriculture, air and water pollution monitoring and carbon footprint management.

Keep reading...Show less
GMG Announces Changes to Board of Directors

GMG Announces Changes to Board of Directors

Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that Dr Emma FitzGerald will join the Company's board of directors (the "Board"), effective July 1, 2022. GMG also announces that current Director Robbert de Weijer will leave the Board and the Company effective July 15, 2022.

Emma FitzGerald has 25+ years of leadership experience with global businesses in the Water and Energy Sectors. Most recently she was CEO of Puma Energy focused on delivering affordable and sustainable energy solutions to emerging markets in Africa, Central America and Asia. Prior to this she ran gas, water and waste networks for National Grid and Severn Trent in the UK. She also spent many years running Downstream Retail, Lubricants and LPG businesses for Shell plc. around the world. Over the last ten years she has served on the boards of publicly listed, privately owned and not for profit organizations in both Executive and Non Executive Director capacities.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Alkaline Fuel Cell Power Corp.

Alkaline Fuel Cell Power Announces Appointment of Carmine Marcello as Advisor

Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (AFCP” or the “Company), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce the appointment of Carmine Marcello to the role of Advisor.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/49619771-fe17-4039-8543-cbfe538a0245

Keep reading...Show less
two chess pieces, both knights, face each other

Volkswagen Could Dethrone Tesla on Battery Electric Vehicle Sales by 2024

German carmaker Volkswagen (OTC Pink:VLKAF,FWB:VOW) could overtake US-based Tesla (NASDAQ:TSLA) on battery electric vehicle (BEV) sales as early as 2024.

Meanwhile, China’s BYD (SHA:002594) would rank third for BEV sales globally in 2025 followed by a slew of legacy automakers achieving around 1 million annual BEV sales, a recent report from BloombergNEF states.

“Looking ahead, automakers in Europe, China and elsewhere will continue to challenge Tesla via an impending wave of new models, though profit incentives are limited amid rising battery costs and a lack of scale,” said Michael Dean, senior European automotive industry analyst at Bloomberg Intelligence. “That may change in 2025 to 2026 as more brands achieve critical mass on new-generation models with proprietary software.”

Keep reading...Show less
GMG Commissions G+AI Pouch Cell Equipment and Manufactures the First Pouch Cell Format Batteries

GMG Commissions G+AI Pouch Cell Equipment and Manufactures the First Pouch Cell Format Batteries

Graphene Manufacturing Group Ltd. (TSXV: GMG) (FSE: 0GF) ("GMG " or the "Company") is pleased to announce that the Company has commissioned its graphene aluminium-ion batteries ("G+AI Batteries") in pouch cell format and that the first G+Al battery pouch cells have been manufactured. With the addition of the pouch cell equipment to the existing pilot production and testing plant ("Battery Pilot Plant"), GMG now has operationalised the Battery Development Centre ("BDC") to enable the productization of this technology for a wide variety of applications.

GMG's Managing Director and CEO, Craig Nicol, commented: "The commissioning of our pouch cell manufacturing equipment is another important milestone for GMG. It allows us to capitalise on the experience already gained with coin cell development and testing to open the avenues for our technology to a much broader application base. Much of the interest from prospective customers lies in our ability to productize the pouch cell, which can be found in a large range of end products ranging from personal and industrial appliances to grid batteries and EVs."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Nano One Materials

Nano One Appoints Lisa Skakun as Independent Director and Sets 2022 AGM Date

TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB) Nano One® Materials Corp. ("Nano One" or the "Company"), a clean technology innovator in battery materials, is pleased to announce the appointment of Lisa Skakun as an independent director on it's Board of Directors effective immediately

Paul Matysek, Executive Chair, commented, "On behalf of the board and the entire team, we welcome Lisa to Nano One at an exciting time for the Company. Lisa brings extensive business, regulatory and governance experience. Lisa's proven track record and her depth of knowledge will be an invaluable asset as we focus on the Company's core growth initiatives in Québec and British Columbia to deliver long-term value for our stakeholders and the global lithium-ion battery supply chain."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×