Press release
Ideanomics December and Q4 EV Sales Activity
NEW YORK, Jan. 15, 2021 / Ideanomics (NASDAQ: IDEX) announced its Mobile Energy Global (MEG) division's sales activities for the month of December and Q4 2020.For the period starting December 1, 2020, through December 31, 2020, MEG delivered a total of 439 units, of which 356 were for the taxi/ride-hailing business segment, and the remaining 83 were for the rental car business segment. All units, invoiced during the period from July through December 2020, were delivered. The fourth quarter's activities also include the delivery of one charging system and 13 CATL battery systems which are part of an ongoing order for converting diesel-powered buses to battery electric vehicles (BEVs). The fourth quarter results do not include any units from the recently announced deal with BYD and Didi for 2,000 units of their D1 ride hailing vehicle.
About Ideanomics
Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. Our Mobile Energy Global (MEG) division is a service provider which facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under our innovative sales to financing to charging (S2F2C) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, MEG and Ideanomics Capital provide our global customers and partners with leading technologies and services designed to improve transparency, efficiency, and accountability, and our shareholders with the opportunity to participate in high-potential, growth industries.
The company is headquartered in New York, NY, with offices in Beijing, Hangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.
https://ideanomics.com/
Investor Relations and Media Contact
Ideanomics,Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
ir@ideanomics.com
Valerie Christopherson / Lora Wilson
Global Results Communications (GRC)
+1 949 306 6476
valeriec@globalresultspr.com
https://ideanomics.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ideanomics December and Q4 EV Sales Activity here
News-ID: 2227376 • Views: …
More Releases from David Joseph Marketing
Germany’s Prettl Electronics Automotive and Ideanomics Announced Strategic Inv …
- Prettl Electronics Automotive ("PEA") is a business unit of German family-owned electronics conglomerate Prettl Group.
- PEA has developed an innovative high-power EV charging infrastructure solution that is expected to be broadly available in 2023, following ongoing field testing and achievement of certification requirements.
- Strategic Investment is for a 30% stake in PEA, includes Ideanomics receiving exclusive sales and distribution rights for North America
- Investment to be used to accelerate…
Ideanomics' WAVE Installs Another 250 MW Wireless Charging System
NEW YORK, Ideanomics (NASDAQ: IDEX) announced its subsidiary WAVE, a leading developer of high-power inductive charging solutions for medium and heavy-duty vehicles, has completed another transit authority deployment, adding the Twin Transit Authority (TTA) in Chehalis, Washington to its growing list of transit fleet customers. TTA has adopted and completed installation of WAVE's 250-kilowatt high-power wireless charging system to help achieve their zero-emission goals.
One of the most significant barriers…
Ideanomics Invests in Italian Electric Motorcycle Company, Energica Motor Compan …
NEW YORK, -- Ideanomics (NASDAQ: IDEX) announced it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million. It develops high performance 100% battery-powered motorbikes. With this investment in Energica, Ideanomics expands its global footprint in the electric vehicle (EV) industry, and complements Treeletrik's business in the ASEAN market. This investment marks continued investment in European-based OEM.
"Energica has combined zero emissions EV technology with…
Ideanomics Enters into US EV Market Invests in California-based e-Tractor Compan …
Ideanomics acquires a 15% stake in e-Tractor company Solectrac, whose mission is to offer farmers independence from the pollution, infrastructure, and price volatility associated with fossil fuels
According to Research And Markets, the global agricultural tractor market is currently valued at $75 billion and poised for rapid growth
The largest segment for agricultural tractors is the below 40HP segment, where Solectrac’s initial three models address the broad needs of the…
More Releases for Ideanomics
Germany’s Prettl Electronics Automotive and Ideanomics Announced Strategic Inv …
- Prettl Electronics Automotive ("PEA") is a business unit of German family-owned electronics conglomerate Prettl Group.
- PEA has developed an innovative high-power EV charging infrastructure solution that is expected to be broadly available in 2023, following ongoing field testing and achievement of certification requirements.
- Strategic Investment is for a 30% stake in PEA, includes Ideanomics receiving exclusive sales and distribution rights for North America
- Investment to be used to accelerate…
Ideanomics' WAVE Installs Another 250 MW Wireless Charging System
NEW YORK, Ideanomics (NASDAQ: IDEX) announced its subsidiary WAVE, a leading developer of high-power inductive charging solutions for medium and heavy-duty vehicles, has completed another transit authority deployment, adding the Twin Transit Authority (TTA) in Chehalis, Washington to its growing list of transit fleet customers. TTA has adopted and completed installation of WAVE's 250-kilowatt high-power wireless charging system to help achieve their zero-emission goals.
One of the most significant barriers…
Ideanomics Announces Q1 2021 Earnings
NEW YORK, -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce the release of its 2021 first-quarter financial results on Monday, May 17, 2021. A press release will be issued at approximately 4pm ET, followed by a conference call with management at 4:30pm ET. The Company's senior management team will give prepared remarks followed by a question-and-answer session. Ideanomics encourages investors and analysts to email their questions…
Ideanomics Invests in Italian Electric Motorcycle Company, Energica Motor Compan …
NEW YORK, -- Ideanomics (NASDAQ: IDEX) announced it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million. It develops high performance 100% battery-powered motorbikes. With this investment in Energica, Ideanomics expands its global footprint in the electric vehicle (EV) industry, and complements Treeletrik's business in the ASEAN market. This investment marks continued investment in European-based OEM.
"Energica has combined zero emissions EV technology with…
Ideanomics Acquires US-based Wireless Charging Provider WAVE
NEW YORK, -- Ideanomics (NASDAQ: IDEX) announced it has signed a definitive agreement to acquire 100% of privately held Wireless Advanced Vehicle Electrification, Inc. ("WAVE") for cash and stock consideration, the material terms of which are disclosed in the Company's related 8-K filing. Roth Capital Partners acted as an advisor to WAVE on the transaction. The acquisition is subject to customary closing conditions.
WAVE was founded in 2011 and is a…
Ideanomics Signs Agreement with Smart Travel Technology Leader
NEW YORK -- Ideanomics (NASDAQ: IDEX), Mobile Energy Global (MEG) division announced that its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co. has signed a framework strategic cooperation agreement with Zhejiang Qinou Holding Group Co., Ltd (Qinou Group). Under the terms of the agreement, MEG will provide Qinou Holdings with its S2F (sales to financing) capabilities, to facilitate the procurement and financing of the electric taxis…
