Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, released information regarding its mobility subsidiaries: WAVE, US Hybrid and Solectrac. The update highlighted growth and business opportunities for the company. The report noted that WAVE, a leading developer of high-power wireless charging solution provider, is slated to participate in the 2021 International Zero Emission Bus Conference, scheduled for Sept. 15–17, 2021. During the three-day conference, which will be held in Denver, WAVE will be showcasing its charging systems. In addition, Mike Masquelier, WAVE chief technology officer, will be a panel member on “The Future of Charging” panel discussion, which will start at 2:45 MT on Sept. 16. A designer and manufacturer of zero-emission electric powertrain components for leading OEMs in the private and public sectors, US Hybrid will be operating out of a brand-new facility in Torrance, California. The facility provides more than 51,000 square feet of industrial and office space in a strategic location that enables company officials to better maintain close working relationships with existing OEM customers as well as travel more conveniently both locally and globally. Solectrac, North America’s first manufacturer and distributor of 100% battery-powered, all-electric tractors, will be featured during Sacramento, California’s upcoming Farm-to-Fork Street Festival, held on Sept. 17–18. The company’s compact electric tractor and its newly launched narrow-body electric tractor, e70N, will be prominently displayed near the entrance of the festival, and the company will participate in the Sept. 16 Farm-to-Fork podcast.
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About Ideanomics Inc.
Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. The Ideanomics Mobility division is a service provider that facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy-management solutions under the company’s innovative sales-to-financing-to-charging (“S2F2C”) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital provide the company’s global customers and partners with leading technologies and services designed to improve transparency, efficiency and accountability, and the company’s shareholders with the opportunity to participate in high-potential, growth industries. For more information about the company, please visit www.Ideanomics.com.
NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX
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