Ideanomics Invests In Italian Electric Motorcycle Company, Energica Motor Company
Ideanomics (“Ideanomics” or the “Company”) is pleased to announce 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…
Ideanomics Invests In California-Based e-Tractor Company Solectrac
Ideanomics announced that it has acquired 15% of California-based Solectrac, Inc. for the consideration of $1.3 million. Solectrac develops, assembles and distributes 100% battery-powered electric tractors—an alternative to diesel tractors—for agriculture and utility operations. With this investment in Solectrac, Ideanomics…
Pomerantz Law Firm Reminds Shareholders With Losses On Their Investment In Ideanomics, Inc. Of Class Action Lawsuit And Upcoming Deadline
Pomerantz LLP announces that a class action lawsuit has been filed against Ideanomics, Inc. (“Ideanomics” or the “Company”)(NASDAQ: IDEX) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New…
Ideanomics’ MEG Secures Its First Order for Qingdao EV Hub
Ideanomics’ Mobile Energy Global (MEG) division has today announced its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd has secured its first EV order from a Hangzhou-based customer for 130 EV units from SAIC’s Roewe brand. The order value is approximately RMB…
Ideanomics’ MEG Signs Agreement With Beijing Xenning Green For EV Procurement And Financing
Ideanomics’ MEG division has announced an agreement with Beijing Xinneng Green Intelligent Network Technology Co., Ltd. (BXGI) to help finance the replacement of its urban fleet with electric vehicles (EVs) in China over the next five years, starting in 2020….
Ideanomics Set To Benefit From Accelerated Chinese Government Initiative To Increase EV Adoption
The Chinese State Council issued a Three-Year Action Plan for the Battle of the Blue Sky accelerating the country’s Blue Sky Plan originally unveiled in 2018. The 2018 Blue Sky Plan’s centerpiece was the development of an ecofriendly transport system…
Ideanomics’ MEG Division Deploys Pilot Program In Nanjing To Monetize Electric Vehicle Sales In China
Ideanomics Inc said in a press release that its electric vehicle division, Mobile Energy Global (MEG), has deployed a pilot platform in Nanjing to streamline energy sales, and it will serve “as a blueprint” for a broader rollout in the city as…
Ideanomics MEG Announces Order Of Approximately $575 Million USD From Beijing Silk Road Rainbow Car Rental
Ideanomics has announced a new vehicle order through its MEG subsidiary from rental and leasing services company Beijing Silk Road Rainbow Car Rental Group Co., Ltd., the leading bus operator in Northern China for several major metro markets, including Beijing. The order is…
