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Ideanomics (IDEX) delivers integrated solutions for commercial electric vehicle adoption through advanced technology and financial innovation. This news hub provides investors and industry professionals with authoritative updates on the company’s strategic initiatives.
Track all official announcements including earnings reports, strategic partnerships, and technology developments across IDEX’s core operations in EV fleet solutions, energy infrastructure, and fintech applications. Discover updates on subsidiary expansions and regulatory milestones shaping the sustainable transportation sector.
Our curated collection ensures immediate access to verified press releases and market-moving developments. Bookmark this page for efficient monitoring of Ideanomics’ progress in bridging electric mobility with next-generation financial services.
On March 14, 2023, Ideanomics (NASDAQ: IDEX) announced its subsidiary Energica Motor Company has successfully delivered its first electric motorcycles to Japan and Australia, expanding its market reach. Energica's latest model, the Experia, is now available for test drives and purchase through certified dealers. Additionally, Energica has initiated entry into the Pakistan market and formed strategic partnerships to enhance its distribution network. The Asia-Pacific region is highlighted as a key growth market for the company, with significant growth potential in battery electric vehicle sales.
Ideanomics (NASDAQ: IDEX) announced the start of manufacturing for 18 zero-emission street sweepers in collaboration with Global Environmental Products (GEP) and US Hybrid. These vehicles, intended for the California Department of Transportation (Caltrans), will help transition specialty vehicles to zero-emission technologies. GEP will also construct seven additional sweepers for other clients. Ideanomics emphasizes its commitment to green jobs and cutting-edge technology, with a goal of significantly reducing greenhouse gas emissions from traditional diesel-powered sweepers, which average 90 metric tons of emissions over their lifecycle.
Ideanomics (NASDAQ: IDEX) announced that its subsidiary, Energica Motor Company, is advancing its facility expansion in Modena, Italy. This phase includes a new 12,370 square foot space dedicated to R&D, prototype development, and testing. Energica aims to enhance its capacity to support OEMs in the EV transition and is already seeing growth in the APAC region, with deliveries to Japan and Australia.
The expansion is expected to boost productivity and accelerate innovation in electric motorcycles, aligning with Ideanomics' mission to facilitate EV adoption.
On March 6, 2023, Ideanomics (NASDAQ: IDEX) announced that its subsidiary US Hybrid will collaborate with Mi-Jack to convert a rubber tire gantry crane to hydrogen power. This initiative aims to decarbonize a heavily polluting piece of machinery that typically operates on fossil fuels. US Hybrid will oversee the design and procurement of a hydrogen propulsion kit sourced from Hyundai Motor Corp. The project aims to enhance carbon neutrality at intermodal terminals while maintaining performance. US Hybrid's expertise in decarbonization positions Ideanomics favorably in the growing zero-emission vehicle market.
Ideanomics (NASDAQ: IDEX) announced a collaboration between its subsidiary Energica Motor Company and a major global OEM to develop a new line of electric two-wheel vehicles. Energica Inside, a business unit within Energica, will provide design and engineering services, focusing on a new off-road electric vehicle platform. Key features include the E2110 motor, which delivers 120 kW (161 hp), and the integration of Energica's pouch cells into the existing battery case. This initiative aims to support OEMs in reaching their climate goals and includes ongoing projects such as the development of electric tractors with Solectrac.
Ideanomics (NASDAQ: IDEX) and VIA Motors will showcase the VTRUX® class 3 electric work truck at the NTEA's Work Truck Week 2023 in March. The exhibit will also feature a partnership with Morgan Olson for the Class 2B Proxima vehicle. A press event on March 9 will include insights from CEOs Alf Poor and Bob Purcell about VIA's product line, charging solutions, and their collaboration with Google Cloud for fleet management. Innovations like containerized charging and ChargeBIG will be highlighted, aiming to accelerate the adoption of electric vehicles in commercial fleets.
Ideanomics (NASDAQ: IDEX) announced that it will release its 2022 fourth-quarter and full-year financial results on March 15, 2023, at approximately 4 PM ET. This will be followed by a conference call with management at 4:30 PM ET to discuss the results. Investors and analysts are encouraged to submit questions via email prior to the call. The call will be accessible via a webcast link provided in the release. A replay and earnings materials will be available on the company's investor relations website, promoting transparency and ongoing communication with stakeholders.
On February 8, 2023, Ideanomics (NASDAQ: IDEX) announced a strategic partnership with MAHLE to distribute the chargeBIG 18-36 AC fleet charging solution in North America. This agreement grants Ideanomics exclusive distribution rights for five years. Customers can place orders starting in Q2 2023, with fulfillment expected in early 2024. The chargeBIG system supports dynamic load management for up to 36 vehicles, providing efficient charging capabilities. This collaboration is aimed at optimizing the charging solution for North America's commercial fleets, leveraging Ideanomics Energy's existing offerings.
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