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MEG Announces Purchase Agreement For 2,000 Units Of D1, BYD’s Custom Electric Ride-Hailing Vehicle

Ideanomics announces that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The…

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’ MEG Finalizes Operational EV And Energy Business Units

Ideanomics’ Mobile Energy Global (MEG) division has today announced it has finalized its EV and Energy business units under the S2F2C (Sales-to-Financing-to-Charging) model. Each business unit has been developed to focus on a key area of revenue, and is part…

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…

QCCIG And Seven Stars Investment Group To Raise Funds To Finance EV Sales in Qingdao and Shandong Province

The Qingdao City Construction Investment Group Limited  (QCCIG) has entered into framework strategic cooperation agreement with Sun Seven Stars Investment Group Limited (SSSIG) to raise up to RMB 50 Billion (USD 7 Billion) fund to finance investment projects in Qingdao and Shandong…

Ideanomics’ MEG Announced Strategic Agreement With ‘BeiBen’ Leading EV Heavy Trucks And Bus Manufacturer

Ideanomics announced a strategic framework agreement with leading EV heavy truck and bus manufacturer, BeiBen Heavy Truck Co. Ltd (“BeiBen”). The framework agreement is designed to establish a long-term strategic partnership that will create a strategic platform to increase the speed…