Tariffs Taking Effect on all Foreign Steel and Aluminum Imports Without Exception or Exclusion Greenwave Provides 100% Domestically-Sourced Scrap Metal to Nucor, Sims, Cleveland-Cliffs, and Georgia-Pacific Prices for Scrap Steel have Surged More than 20% the Past Month and are Expected to Go Higher Upcoming Tariffs on Copper Imports Expected to Further Accelerate Greenwave's Revenue Growth and Margin Expansion CHESAPEAKE, Va. , March 10, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its margins have expanded significantly due to surging prices for scrap steel – already up 20% since early February and expected to go higher – ahead of steel and aluminum import tariffs taking effect on March 12, 2025.
GreenSpark – Backed by BMW i Ventures and Gaining Significant Adoption in the Metal Recycling Sector – is Expected to Power $GWAV's Ambitious 2025 Growth Plans Greenwave Supplies Industry Titans Nucor, Sims Metal, Cleveland-Cliffs, and Georgia-Pacific with 100% U.S.-Sourced Recycled Metals $GWAV Recently Raised 2025 Revenue Outlook to $47-$50 Million, Signaling Robust Growth Resulting from President Trump's Steel and Aluminum Tariffs GreenSpark's AI-Driven Platform is Focused on the Multi-Billion-Dollar Scrap Metal Industry CHESAPEAKE, Va. , Feb. 26, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading scrap metal recycling chain, today selected GreenSpark—the metal recycling industry's fastest-growing, AI-powered operating system—as its core platform.
President Trump is expected to announce copper tariffs soon – the higher the tariff, the more revenue Greenwave is expected to generate GWAV recently raised revenue guidance to $47-$50 Million for Fiscal Year 2025 Greenwave supplies Nucor, Sims Metal, Cleveland-Cliffs, and Georgia-Pacific with 100% domestically-sourced recycled metals S&P Global Commodity Insights and BNN Bloomberg recently covered Greenwave CHESAPEAKE, Va. , Feb. 21, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that despite receiving numerous inquiries from investors, Greenwave has no immediate plans to raise capital.
Greenwave supplies Nucor, Sims Metal, Cleveland-Cliffs, and Georgia-Pacific with100% domestically-sourced recycled metals The Company recently raised revenue guidance to $47-50 Million for Fiscal Year 2025 President Trump is expected to announce copper tariffs soon – the higher the tariff, the more revenue Greenwave is expected to generate S&P Global Commodity Insights recently covered Greenwave in an interview accessible here CHESAPEAKE, Va. , Feb. 18, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its Chairman and Chief Executive Officer, Danny Meeks, was interviewed on BNN Bloomberg.
CHESAPEAKE, Va. , Feb. 18, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its Chairman and Chief Executive Officer, Danny Meeks, is expected to be interviewed on BNN Bloomberg at 3:05pm Eastern Standard Time today.
Company's Scrap Metal Inventories are Estimated to Surpass $6 Million in Current Market Value, Ideally Positioned to Capitalize on Rising Metal Prices Amid Anticipated Tariff Increases Domestic Scrap Steel Prices Up Significantly This Week, Forecasted to Keep Climbing Exclusive Operational Licenses and Contracts with Suppliers Create Significant Barriers to Entry CHESAPEAKE, Va. , Feb. 7, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced its scrap metal inventories are estimated to have surpassed $6 million in current market value, positioning the Company to benefit from surging metal prices and increasing demand.
Scrap App Aims to be the #1 Junk Car Platform in the $32 Billion Auto Recycling Industry Company Accelerating Nationwide Expansion, Building on Objective Success in Key Cities Platform Set New Weekly Record Both in Number of Cars and Revenue from January 26 to February 1, 2025 CHESAPEAKE, Va. , Feb. 5, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading innovator in the metal recycling sector, today announced the adoption of its AI-powered car buying platform, Scrap App, by one of the largest buyers of junk cars in the United States.
On January 31, 2025, President Trump Stated he will be Placing Significant Tariffs on Steel, Aluminum, and Copper Tariffs are Expected to Drive Price Increases on Domestically-Sourced Metal Greenwave's customers include subsidiaries of Nucor Corporation, Cleveland-Cliffs, Inc., Sims Limited, and Georgia-Pacific CHESAPEAKE, Va. , Feb. 3, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leader in metal recycling, is primed for significant revenue acceleration following President Trump's announcement of sweeping tariffs on steel, aluminum, and copper imports.
Scrap App's AI Operator Drives Automation of Quotes, Scheduling, and Customer Support Company Accelerates Nationwide Expansion in 2025, Building on Success in Key Cities Aims to Dominate $32 Billion Auto Recycling Industry CHESAPEAKE, Va. , Jan. 27, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leader in metal recycling, today announced the launch of an advanced AI-powered operator in its subsidiary, Scrap App (www.scrapapp.com).
Initial value estimates at over $500,000 in revenues Company secures exclusive operations in Virginia's largest city and industrial hub, home to several military bases, advanced manufacturers, and defense contractors Leveraging municipal and federal agreements further establishes Greenwave's leadership in metal recycling CHESAPEAKE, Va. , Jan. 23, 2025 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV), a prominent leader in sustainable metal recycling across Virginia, North Carolina, and Ohio, announces its exclusive contract win with the City of Virginia Beach—the state's largest city and industrial hub.