Press Releases from David Joseph Marketing (7 total)
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 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…
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…
Ideanomics Inc. Reported Q2 $4.7 M Revenues $36M Cash and 50% Debt Reduction
NEW YORK --- Ideanomics Inc. (Nasdaq-IDEX) a global company focused on monetizing the adoption of commercial electric vehicles and associated energy consumption, as well as enabling the next generation of financial services and fintech products, announced its second quarter 2020 operating results for the period ended June 30, 2020 (a full copy of the Company's 10-Q report is available at www.sec.gov).
"We are very pleased with the pace of our…
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…
