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la tenemos en 1,27$ y no descarto ver los 1,21$ y de ahí rebotar e ir a buscar los 3-4$ en enero...

ya veremos, la bola de crsital nos ahorraría mucho trabajo ? ? 

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CARGO MÁS EN IDEX

las llevo a 1,46$

 

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ya estoy como en noviembre de 2020...

voy servido y a la espera de que se vaya a 3-5$ de nuevo

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Ideanomics retrasa la presentación del informe anual en el formulario 10-K

NUEVA YORK, 15 de marzo de 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" o la "Compañía") anunció hoy que la presentación de su Informe Anual en el Formulario 10-K para el año finalizado el 31 de diciembre de 2021 (el "Formulario 10-K") no ocurriría antes de la fecha límite extendida del 16 de marzo de 2022.

(PRNewsfoto/Ideanomics)

El 2 de marzo de 2022, la Compañía presentó una Notificación de Presentación Tardía en el Formulario 12b-25 (el "Formulario 12b-25"), indicando que la presentación de su Formulario 10-K se retrasará. Aunque la Compañía ha dedicado recursos significativos para completar la finalización de sus estados financieros consolidados auditados y las divulgaciones relacionadas para su inclusión en el Informe Anual de la Compañía en el Formulario 10-K para el año que finalizó el 31 de diciembre de 2021 y la evaluación requerida de sus controles internos sobre los estados financieros. presentación de informes según lo requerido por la Sección 404 de la Ley Sarbanes-Oxley, la Compañía no puede presentar su Informe Anual en el Formulario 10-K para el período que finaliza el 31 de diciembre de 2021 (el "Formulario 10-K") antes del 16 de marzo de 2022 , el plazo de prórroga previsto por el 12b-25. La Compañía necesita tiempo adicional para completar su revisión de los estados financieros incluidos en el Formulario 10-K para garantizar un Informe Anual completo y preciso. El retraso se debe principalmente a la información adicional y la investigación necesaria en relación con las operaciones de la Compañía en China para completar la auditoría. La Compañía está trabajando diligentemente para completar la auditoría y presentar el 10-K tan pronto como sea posible.

Acerca de la ideanomía
Ideanomics (NASDAQ: IDEX) es un grupo global con una misión simple: acelerar la adopción comercial de vehículos eléctricos. Al unir los vehículos y la tecnología de carga con el diseño, la implementación y los servicios financieros, brindamos la totalidad de las soluciones necesarias para que el mundo comercial se comprometa con un futuro EV. Para mantenerse al día con Ideanomics, siga a la empresa en las redes sociales @ideanomicshq o visite https://ideanomics.com.

Declaración de puerto seguro
Este comunicado de prensa contiene "declaraciones prospectivas" en el sentido de las leyes federales de valores. Todas las declaraciones que no sean declaraciones de hechos históricos incluidas en este documento son "declaraciones prospectivas". Estas declaraciones prospectivas a menudo se identifican mediante el uso de terminología prospectiva como "cree", "espera" o expresiones similares, involucran riesgos e incertidumbres conocidos y desconocidos, e incluyen la declaración sobre la finalización de la combinación comercial dentro de un cierto período de tiempo, si alguna vez. Aunque la Compañía cree que las expectativas reflejadas en tales declaraciones prospectivas son razonables, implican suposiciones, riesgos e incertidumbres, y estas expectativas pueden resultar incorrectas. No debe depositar una confianza indebida en estas declaraciones prospectivas, que se refieren únicamente a la fecha de este comunicado de prensa. Los resultados reales de la Compañía podrían diferir materialmente de los anticipados en estas declaraciones prospectivas como resultado de una variedad de riesgos e incertidumbres, como los riesgos relacionados con: nuestra capacidad para obtener las aprobaciones regulatorias necesarias y otros riesgos e incertidumbres revelados en las secciones tituladas "Factores de riesgo" y "Discusión y análisis de la administración sobre la situación financiera y los resultados de las operaciones" en nuestros formularios 10-K y 10-Q más recientes presentados ante la Comisión de Bolsa y Valores, y divulgaciones similares en informes posteriores presentados ante la SEC, que están disponibles en el sitio web de la SEC en www.sec.gov. Todas las declaraciones prospectivas atribuibles a la Compañía oa las personas que actúan en su nombre están expresamente calificadas en su totalidad por estos factores de riesgo. Aparte de lo requerido por las leyes de valores, la Compañía no asume la obligación de actualizar estas declaraciones prospectivas.

Relaciones con inversores y contacto con los medios
Ideanomics, Inc.
Tony Sklar, vicepresidente sénior de relaciones con inversores
1441 Broadway, Suite 5116 Nueva York, NY 10018.
Correo electrónico: ir@ideanomics.com

FUENTE Ideanomics

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Ideanomics Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

NEW YORK, March 18, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") today announced that it has received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Form 10-K, the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").

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voy a ver si compro algunas más para bajar mi media, que está en casi 2$, creo que va a subir fuerte pronto, siguiendo la estela de $MULN

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News Release Issued: Mar 28, 2022 (8:00am EDT)

To view this release online and get more information about Ideanomics Investors visit: https://investors.ideanomics.com/2022-03-28-Ideanomics-Finalizes-Energica-Motor-Company-Deal,-Acquiring-70-Percent-Ownership-Stake-in-Pioneering-High-Performance-All-Electric-Motorcycle-Company

Ideanomics Finalizes Energica Motor Company Deal, Acquiring 70 Percent Ownership Stake in Pioneering High-Performance All-Electric Motorcycle Company

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Company to Host Analyst and Investor Day and EV Product Showcase at the NASDAQ MarketSite in Times Square on April 11, 2022

NEW YORK, March 28, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, today announced the company has finalized its majority ownership stake  of Italian manufacturer and distributor of high-performance, 100% battery-powered electric motorcycles, Energica Motor Company S.p.A. (Energica). Ideanomics will host an Analyst and Investor Day plus EV product showcase on Monday, April 11, 2022, at the NASDAQ MarketSite in New York City to discuss the acquisition, high-growth two-wheel market and synergy that Energica brings to Ideanomics and its operating companies. The theme for the meeting is "EVolving the Road Ahead," a role Ideanomics fully embraces to offer the market with leading commercial electric solutions including vehicles, charging technology with design, implementation, and financial services.

Energica: Italian Heritage and Innovative Product Line of Electric Motorcycles  

  • Manufactured in the heart of the Italian Motor Valley in historic Modena
  • Energica riders experience the kind of thrills evoked by an Italian racing legend heritage
  • Energica's lineup of high-performance electric motorcycles are available in U.S., European markets and in Asia, the Middle East and Africa
  • New 'Energica Inside' Initiative to Support Moto Industry 'EV'olution underway
  • Energica is a highly recognizable brand with over a decade of pioneering experience

Shane McMahon, Executive Chairman of Ideanomics: 
"Since we first announced our intention to acquire Energica last September, the company has continued to see growth and expansion across the U.S.," said Shane McMahon, executive chairman of Ideanomics. "By furthering our investment in Energica, we are expanding Ideanomics' offerings in the mobility sector at a time when electric two-wheelers are taking over the market in a truly exciting manner. As we've seen with Energica's game-changing growth plan including a growing dealer network in the U.S., there is proven demand for the product which will continue to capture more of market share in the months and years to come."  

The high-performance electric motorcycle market is expected to grow at a CAGR of over 35% during 2020-2024, according to Technavio Research.

Livia Cevolini, CEO of Energica Motor Company S.p.A.: 
"Energica and Ideanomics' shared vision of increasing access to zero-emission transportation makes this a smart fit for a majority owner relationship as we continue to expand our physical presence and vehicle offerings in the U.S. and abroad," said Livia Cevolini, CEO of Energica Motor Company S.p.A. "What Energica offers to the market is the racing-quality technology and experience that is expected to come from the Italian Motor Valley paired with the innovation that the market craves when it comes to the wide-spread acceptance and availability of electrification."  

Ideanomics Finalizes Energica Motor Company Deal, Acquiring 70 Percent Ownership Stake in Pioneering High-Performance All-Electric Motorcycle Company

The Energica lineup of high-performance electric motorcycles include: 

  • Energica EGO, EGO+ and EGO+ RS: The Energica EGO series offers riders the highest top speed and sustained performance of any electric motorcycle on the market. Coupled with surprisingly nimble handling even at lower speeds, the bike sports immense torque, blistering acceleration, sophisticated on-board technology, and DC Fast Charging (DCFC) as standard - all with zero emissions.
  • Energica EVA Ribelle and EVA Ribelle RS: A true electric e-fighter, Energica's EVA Ribelle is the naked version of the Energica EGO, with the same torque, power, acceleration, and range, with key differences being riding position and top speed. Perfect for aggressive riding with an urban mojo, or an assertive-yet-upright riding position instead of the typical track day crouch, the EVA Ribelle also easily transforms into a long-distance sport touring bike with the simple addition of side panniers, windshield, and tank bag.
  • Energica EVA EsseEsse9, EVA EsseEsse9+ and EVA EsseEsse9+ RS: The Energica EVA EsseEsse9 shares the technology and sophistication of both the EGO and the EVA Ribelle but is made more suitable for casual riding without the demanding hyper-performance of the other two models. The EVA EsseEsse's classic bench seat and relaxed riding position make it the ideal bike for two-up riding and the preferred choice for long-distance electric wanderers around the world.

Transaction Details: 

  • Ideanomics has acquired a 70% ownership stake in Energica
  • On March 7, 2022, Ideanomics secured 93.63% of the public float of Energica's shares.
  • As a result of Ideanomics successful tender offer, Energica is now delisted from Borsa Italiana, the Italian Stock Exchange, and is now solely trading as part of Ideanomics (NASDAQ: IDEX) on the NASDAQ.
  • Ideanomics paid 3.2 Euros per share in the all-cash transaction.
  • With this acquisition, Ideanomics plans to accelerate Energica's go-to-market model, invest in new products, and enhance its distribution capabilities with a goal of doubling its U.S. dealer network by the end of 2022.
  • The addition of more authorized Energica dealers and other retail points in the U.S. will help drive consumer brand awareness and increase market share for the most advanced zero-emission motorcycles on the market.
  • As the newest operating company to join Ideanomics, Energica's proprietary technology will be applied in non-competitive markets. The powertrains and battery management systems have applications for other Ideanomics operating companies including Treeletrik, Solectrac and others.

Ideanomics Analyst & Investor Day "EVolving the Road Ahead" 

The company is hosting an Analyst and Investor Day on Monday, April 11, 2022, from 10 a.m. to 4 p.m. ET, with presentations beginning at 11 a.m. ET. The event will be held at the NASDAQ MarketSite in New York City in Times Square for those attending in-person. A live webcast of the event will also be available online. The webcast portion will conclude at approximately noon ET

The event will include presentations from several of its executive leadership team including Livia Cevolini, CEO of Energica Motor Company S.p.A., Energica's U.S. CEO Stefano Benatti, Ideanomics CEO Alf Poor, Ideanomics Chairman Shane McMahon and Ideanomics President, Robin Mackie. Leadership will outline its long-term strategy for achieving accelerated growth, driving profitability, and expanding Energica's customer base to include new and diverse ridership. Members of Ideanomics' management team will also discuss the company's overall vision, market opportunities, go-to-market strategy, product innovation, and financial outlook.  Investors, analysts and press can request a meeting by contacting idea@skyya.com

Two-Wheeler EV Product Showcase

In addition to Energica's entire line-up of electric motorcycles on display at the NASDAQ including the Energica Ego, Energica Eva Ribelle and Energica EsseEsse9.

According to BNEF's Electric Vehicle Outlook 2021 Report," "two-wheelers are almost on track to get to zero emissions by 2050." 

Event registration as well as a live audio webcast can be found on Ideanomics Investor Relations site. A replay of the webcast and related materials will be available on the site following the event.  For more information and news on other Ideanomics investments and subsidiaries, please visit https://ideanomics.com .   

About Ideanomics   
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the completeness of solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit  https://ideanomics.com .    

Contacts:   

Ideanomics, Inc.   
Tony Sklar, SVP of Investor Relations   
1441 Broadway, Suite 5116, New York, NY 10018     
ir@ideanomics.com  

Media Contact:  
Malory Van Guilder, Skyya PR for Ideanomics
malory@skyya.com   

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a ver si sube a 5$ pronto, jeje

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News Release Issued: Mar 31, 2022 (8:00am EDT)

To view this release online and get more information about Ideanomics Investors visit: https://investors.ideanomics.com/2022-03-31-Solectrac-Announces-Certified-Dealer-in-Washington-and-Oregon-to-Service-and-Support-Customers-in-the-Pacific-Northwest

Solectrac Announces Certified Dealer in Washington and Oregon to Service and Support Customers in the Pacific Northwest

SANTA ROSA, Calif., March 31, 2022 /PRNewswire/ -- Solectrac, an electric tractor manufacturer and an operating company of Ideanomics (NASDAQ: IDEX), today announced it is expanding its sales and service network as part of its nationwide plan with the addition of a new certified dealer in the Pacific Northwest. Brim Tractor, a leading agricultural equipment dealer located in Lynden, Washington, is the first certified Solectrac dealer on the West Coast and will offer the company's full lineup of electric tractors including the e25 compact electric tractor, and the award-winning e70N, a powerful, narrow electric tractor purpose-built for vineyards and orchards. Solectrac will further expand its dealer network outside of the Pacific Northwest this year to meet the increasing demand for the company's award-winning electric tractors.

Solectrac Climate-Smart Electric Tractors (PRNewsfoto/Ideanomics)

Solectrac and Brim Tractor will deliver electric tractor solutions to hobby farmers, rural lifestylers, first-time tractor buyers and more - while reducing their total cost of ownership compared to the cost of a diesel-fueled tractor, without sacrificing safety, performance and reliability.

Brim Tractor serves the greater Pacific Northwest area, and its opening supports Solectrac's continued expansion of its dealer network into key markets. Solectrac's all-electric tractors allow farmers to power their tractors by using the sun, wind and other renewable energy sources.

Today's announcement marks a major milestone for Solectrac, as the company looks to build out a world-class dealer network under the stewardship of recently appointed CEO Mani Iyer. Since Iyer's July 2021 appointment, the company has launched a new flagship tractor - the e70N, won major industry awards and hired John Deere veteran, Hariharan Viswanathan, as SVP of Product and Supplier Development. Since being acquired by Ideanomics in June 2021, Solectrac has made progress in facility expansion, advancement in engineering, after sales service, product support, hiring and more. 

"As we expand our certified dealer network, we are proud to partner with Brim Tractor, the leading agricultural equipment dealer in the Pacific Northwest," said Mani Iyer, CEO of Solectrac. "It is important for us to make our electric tractors more accessible by onboarding reliable retail partners. Brim Tractors brings decades of industry experience and a dedication to customer service that will undoubtedly support our customers as they transition to clean, electric and affordable solutions."

A family-owned and operated business since 1966, the Brim family founded Brim Tractor to support their local farm operations in Longview, Wash.Brim's team of sales members, finance experts, service technicians, and knowledgeable parts and accessories staff will help deliver superior customer service and support to new Solectrac customers in the area.

"Through this partnership with Solectrac, Brim Tractor is continuing to grow our core product offerings while delivering electrification solutions to farm operators," said Dan Brim, President of Brim Tractor. "Agriculture is the heart of the Pacific Northwest and Brim Tractor is committed to offering the most innovative and sustainable equipment solutions with the lowest total cost of ownership for our customers."

Solectrac electric tractors are available for purchase at all Brim Tractor locations in Washington, which include Lynden, Mount Vernon, Pacific, Rainier and Chehalis, in addition to Brim's locations in Rainier, Salem and Eugene, Oregon.

Solectrac tractors are assembled in Santa Rosa, Calif. and the company is B Corp Certified. For more information and news on Solectrac, please visit www.solectrac.com.

About Solectrac
Solectrac, Inc., located in Northern California, has developed 100% battery-powered, electric tractors for agriculture and utility operations. Solectractractors provide an opportunity for farmers around the world to power their tractors by using the sun, wind, and other clean, renewable sources of energy. The company's mission is to offer farmers independence from the pollution, infrastructure, and price volatility associated with fossil fuels.

About Ideanomics
Ideanomics (NASDAQ" IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit:  https://ideanomics.com

Safe Harbor Statement
This press release contains certain statements that may include "forward looking statements". All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties, and include statements regarding our intention to transition our business model to become a next-generation financial technology company, our business strategy and planned product offerings, our intention to phase out our oil trading and consumer electronics businesses, and potential future financial results. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and uncertainties, such as risks related to: our ability to continue as a going concern; our ability to raise additional financing to meet our business requirements; the transformation of our business model; fluctuations in our operating results; strain to our personnel management, financial systems and other resources as we grow our business; our ability to attract and retain key employees and senior management; competitive pressure; our international operations; and other risks and uncertainties disclosed under the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on the SEC website at www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Contacts:

Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018 
ir@ideanomics.com 

Malory Van Guilder, Skyya PR for Ideanomics
malory@skyya.com 

 

 

SOURCE Solectrac

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News Release Issued: Apr 5, 2022 (8:00am EDT)

To view this release online and get more information about Ideanomics Investors visit: https://investors.ideanomics.com/2022-04-05-Solectrac-Announces-Facility-Expansion-to-Ramp-Up-Production-and-Support-Growing-Demand-For-the-Companys-Award-Winning-Electric-Tractors

Solectrac Announces Facility Expansion to Ramp Up Production and Support Growing Demand For the Company's Award-Winning Electric Tractors

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  • The company recently moved into a 36,000 square-foot facility to expand its manufacturing and assembly capacity
  • Solectrac is also expanding its North American dealer and distribution network
  • Solectrac has experienced 200% growth in personnel  since it was fully acquired by Ideanomics in June 2021

WINDSOR, Calif., April 5, 2022 /PRNewswire/ -- Solectrac, an electric tractor manufacturer and an operating company of Ideanomics (NASDAQ: IDEX), today announced its move into a new 36,000 square-foot facility located in Windsor, Calif. to expand its manufacturing and assembly capacity to meet growing market demand. Solectrac has engaged the services of a leading, global, automotive consultancy to design and implement a scalable and compliant manufacturing operation. The new facility is operational and is expected to run at full capacity by June 2022.

Solectrac's innovative electric tractors are leading the way in regenerative agriculture, providing  hobby farmers, rural lifestylers and first-time tractor buyers with the power they need without harmful emissions. Solectrac tractors can replace similar sized diesel tractors, eliminating the health impacts of harmful emissions and noise to operators and livestock.

New Facility
The new 36,000 square-foot facility will accommodate additional assembly lines for the expanding model lineup of Solectrac electric tractors. The new facility will include parts storage space to support additional units and the growing dealer network as the Solectrac team scales the business in 2022. The facility also provides office space for the expanding team, which experienced 200% growth over the past year and will also house training areas for staff and dealer personnel.

"With the global agriculture market continuing its transition to electrification, we are pleased to expand our facilities so we can continue to scale up our operations, delivering best-in-class electric tractors to hobby farmers, vintners, rural lifestylers, commercial farmers and multi-acreage landowners," said Mani Iyer, Chief Executive Officer of Solectrac. "Since Solectrac joined the Ideanomics family, the company has hired leading industry agriculture veterans to drive growth and to meet customer demands."

The primary production in Solectrac's new facility this year will be the e25 electric tractor followed by a next-generation e70 in late Q4, which will feature product upgrades and system enhancements.

The E-Tractor Market Leader
Since the acquisition of Solectrac, Ideanomics has devoted resources to  developing the organization and has made investments in engineering, supply chain management and operational leadership to scale the business. In 2022, Solectrac is focused on ergonomic and design improvements, including a more capable, quieter loader, extended run time, easier controls and system upgrades, in addition to introducing a range of attachments for the e25 electric tractor.

To further support its growth objectives, Solectrac is developing its North American dealer and distribution network, which will increase marketing, distribution, sales and servicing of its products.

Award-Winning Tractors
In the new facility, Solectrac will manufacture its full lineup of electric tractors including the e70N, which recently was honored as one of the winners of World Ag Expo's® Top 10 New Products Competition and the WINnovation Award at this year's WIN Expo 2021 for the groundbreaking technology in its e70N battery-powered electric tractor.

The electric motor provides instant torque to Solectrac four-wheel drive tractors. Maintenance needs are significantly reduced since the electric motor has only 1 moving part compared to about 300 parts in a diesel engine.

More Employment Opportunities and Accelerating EV Adoption
Ideanomics and Solectrac are committed to giving back to the community. The introduction of Solectrac's 36,000 square-foot facility will enable Solectrac to house more employees and bring more local jobs to the heart of Northern California's wine country.

"By having a presence in wine country, which is an important segment of our economy, as well as a tourist destination, we aim to further the adoption of electric tractors in vineyards, fields and on farms beyond our headquarters," said Iyer.

For more information and news on Ideanomics and its operating companies and other investments, please visit https://ideanomics.com .

About Solectrac
Solectrac, Inc., located in Northern California, has developed 100% battery-powered, all-electric tractors for agriculture and utility operations. Solectrac tractors provide an opportunity for farmers around the world to power their tractors by using the sun, wind, and other clean, renewable sources of energy. The company's mission is to offer farmers independence from the pollution, infrastructure, and price volatility associated with fossil fuels.

About Ideanomics
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit:  https://ideanomics.com

Contacts:

Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
ir@ideanomics.com

Malory Van Guilder, Skyya PR for Ideanomics
malory@skyya.com

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News Release Issued: Apr 6, 2022 (8:00am EDT)

To view this release online and get more information about Ideanomics Investors visit: https://investors.ideanomics.com/2022-04-06-WAVE-to-Expand-Utah-Facility-to-Increase-Manufacturing-Capacity-for-High-Power-Wireless-Vehicle-Charging

WAVE to Expand Utah Facility to Increase Manufacturing Capacity for High-Power Wireless Vehicle Charging

Photos(1)

  • WAVE's second facility located near its Utah headquarters to accommodate rapid growth in personnel, doubling current employee capacity for in-person work
  • Facility will also accommodate development of 500 kilowatt and 1-megawatt systems
  • Increase in inductive charging projects reflects the critical role high-power wireless charging plays in the transition to zero-emission fleets

SALT LAKE CITY, April 6, 2022 /PRNewswire/ -- WAVE, a wholly-owned subsidiary of Ideanomics (NASDAQ: IDEX), and developer of high-power, wireless inductive charging solutions for medium- and heavy-duty commercial vehicles, today announced its facility expansion to accommodate the growing demand for its high-power wireless vehicle charging systems. Located across the street from the company's current Salt Lake Cityheadquarters, the new 12,000 square-foot facility will support WAVE's expanding engineering, testing and production teams and provide more space for product line expansion. Employees will begin moving into the facility this week.

WAVE to Expand Utah Facility to Increase Manufacturing Capacity for High-Power Wireless Vehicle Charging

New Facility
The new facility represents a significant expansion of WAVE's Utah footprint, supporting aspects of the business to rapidly mature the high-power wireless EV charging technology. This includes integration and testing with a growing list of vehicle manufacturers, commercialization of a new 500-kilowatt system and prototype work on a 1-megawatt system. Proximity to the current headquarters will enable easier cross-functional communication and collaboration and allow for meetings and tours with WAVE's customers and partners. The new space will accommodate 42 additional team members, roughly doubling the company's current headcount to a total of 90 on-site employees. Since Ideanomics' acquisition in early 2021, WAVE has expanded its workforce by 43%.

"We are proud to increase our footprint locally – it's a commitment to the company's long-term growth," said Aaron Gillmore, Chief Executive Officer of WAVE. "We look forward to the increased efficiency and product development this facility will provide, ultimately enhancing our ability to serve our customers and strengthening our position in the market."

Technology
WAVE's hands-free wireless charging systems are embedded in roadways, automatically charging vehicles during scheduled stops or while in a depot. The technology has been deployed since 2012 and has been shown to be a faster, more convenient way to extend the range of medium- and heavy-duty electric vehicles, which in turn, enables them to match the range and duty cycles of internal combustion engines (ICEs) more closely, thus allowing for smaller, lighter and more affordable battery packs. WAVE's systems are integrated with leading commercial EV manufacturers and deliver 125kW to 500kW. Free of moving parts, the fully automated system lowers the total cost of ownership when compared to legacy plug-in and overhead pantograph systems.

 WAVE's industry-leading deployments include transit and port applications. Just last month, the Antelope Valley Transit Authority in Lancaster, CAbecame North America's first fully zero-emission transit fleet. The Northern Los Angeles County agency is WAVE's flagship customer, boasting the largest known high-power wireless charging system in North America – twelve 250-kilowatt chargers spread out over 100 square miles.

Employment Opportunities and Accelerating EV Adoption
We are only in the early days of EV adoption. At scale, and at the high power needed for medium- and heavy-duty vehicles, legacy conductive charging solutions will become complex and challenging to maintain. Because of this, WAVE believes wireless charging is inevitable. The hands-free automated capabilities make the technology a necessity for an autonomous future. The introduction of WAVE's 12,000 square-foot facility will double its size and bring more local jobs to the Salt Lake City area. This brings exciting career opportunities to the Salt Lake City area to help expedite the adoption of commercial EVs.

Ideanomics and WAVE

  • Since the acquisition of WAVE in January 2021, Ideanomics has continued investing in facilities and resources to meet the growing demand for WAVE's high-power inductive wireless charging products.
  • WAVE has continued to develop its high-powered induction capabilities beyond 250kW, successfully delivering systems at 125kW and 500kW, and continues the development of the 1-megawatt system for next-gen Class 8 battery-electric trucks.
  • To support widespread adoption, WAVE is developing relationships with additional OEM partners to facilitate the integration of its vehicle-side hardware.
  • Over the next 12 months, Ideanomics will support WAVE with supply chain development and quality initiatives, cost reductions, and increased manufacturing and assembly capacity to improve production capabilities in response to increased market demand.

To support its expansion plans, WAVE is adapting its products to meet the varying power requirements and standards for Europe and Asia.

For more information and news on Ideanomics and its operating companies and other investments, please visit  https://ideanomics.com .

About WAVE, Inc.
With a large number of high-power, rigorously proven inductive charging systems deployed, WAVE enables commercial fleet operators to extend the range of medium- and heavy-duty electric vehicles. Founded in 2011, with systems ranging from 125kW to 500kW, WAVE makes tomorrow's EV charging technology available today. Learn more at www.waveipt.com.

About Ideanomics
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit: https://ideanomics.com .

Contacts:

Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018 
ir@ideanomics.com

Malory Van Guilder, Skyya PR for Ideanomics
malory@skyya.com

 

SOURCE WAVE, Inc.

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News Release Issued: Apr 7, 2022 (8:00am EDT)

To view this release online and get more information about Ideanomics Investors visit: https://investors.ideanomics.com/2022-04-07-Ideanomics-Announces-State-of-the-Art-EV-Experience-Center-and-U-S-Manufacturing-Facility-in-New-Jersey-to-Accelerate-Commercial-Electrification

Ideanomics Announces State-of-the-Art EV Experience Center and U.S. Manufacturing Facility in New Jersey to Accelerate Commercial Electrification

Video(1)

  • The Company's first-ever EV Experience Center, located in New Jersey, is set to be operational by EOY 2022
  • Ideanomics' full lineup of vehicle and charging offerings will be on display in the 4,000 square-foot showroom for validation from customers, investors and analysts
  • The additional 44,000 square-feet of space will be dedicated to assembly, engineering, product development and production

NEW YORK, April 7, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, plans to unveil a new state-of-the-art EV Experience Center in New Jersey. The facility, expected to be operational by the end of 2022, will support product development and scalable production of new and existing products across its range of electrification solutions. The facility will be approximately 48,500 square feet, including over 4,000 square feet dedicated to showroom space. Ideanomics' state-of-the-art facility is expected to bring between 75 and 100 jobs to the state of New Jersey in executive leadership, commercial development, energy services, engineering, supply chain and logistics over the three years.

Earlier this week, the company announced that Ideanomics' operating companies Solectrac and WAVE are expanding their facilities in Windsor, California, and Salt Lake City, Utah respectively, with both companies growing in personnel and manufacturing to meet the growing market demand for electric ag-tech and inductive charging.

Ideanomics has a wide range of award-winning and world-class products across its entire fleet - from Energica's proprietary technology in its electric motorcycles to Solectrac's e70N electric tractor, which was one of the World Ag Expo's® Top 10 New Products and won the WINnovation Award at the most recent WIN Expo. Ideanomics has strategically acquired more than $600 million worth of industry-leading companies that offer a range of electrification solutions, making the Company an excellent source for commercial EV needs: offering vehicles, charging and financing solutions. 

The Experience Center

The Ideanomics Experience Center will be an immersive environment with individual activation zones showcasing Ideanomics' range of commercial electrification solutions, including WAVE, Solectrac, U.S. Hybrid, and Ideanomics' investments in Energica and PEA. The facility will also support assembly, engineering and storage across Ideanomics' operating companies' business and operational needs on the East Coast. It will also promote education and advocacy of electric and hydrogen-powered vehicles to commercial fleet operators.

"We are pleased to announce our first EV Experience Center in New Jersey, which will open by the end of 2022," said Alf Poor, Chief Executive Officer at Ideanomics. "The new facility will increase our ability to manufacture and showcase industry-leading products. As part of Ideanomics' continued commitment to accelerating commercial electrification, we are meeting the increasing market demand and the needs of our customers and operating companies by continuing to grow with them."

Simplifying the Financing

Ideanomics provides fleet operators a holistic approach to support the cost of transitioning from fossil fuels to Battery-Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs). Ideanomics' Vehicles as a Service (VaaS) and Charging as a Service (CaaS) solutions offer fleet operators the necessary financial and management support to migrate from traditional CapEx models to an OpEx model confidently. These financing solutions release capital to support traditional business growth and ensure the simplicity, predictability and certainty of a monthly subscription, which covers all aspects of EV fleet operations.

Ideanomics' Future

The Company's EV and technology acquisitions during 2021 have created the foundation to develop a vertically integrated commercial EV company. By combining leading EV technologies, products, knowledge and capabilities across the Company's solution verticals, Ideanomics can rapidly develop unique sustainable mobility solutions in both the off-highway and on-highway commercial vehicle markets. These include the provision of vehicles, energy systems, charging infrastructure, and associated financing programs. This provides the Company with the capability to assist commercial fleet operators of Internal Combustion Engine (ICE) vehicles in transitioning to BEVs and FCEVs with confidence while meeting their zero-emission objectives.

By choosing the holistic approach from Ideanomics Mobility, the commercial fleet operator benefits from a single-source solution that supports all aspects of the transition to EV, from early-stage requirements analysis, charging infrastructure specification and installation, vehicle procurement and deployment, training, operationalization management services and financing.

For more information and news on Ideanomics and its operating companies and other investments, please visit https://ideanomics.com .

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News Release Issued: Apr 13, 2022 (8:00am EDT)

To view this release online and get more information about Ideanomics Investors visit: https://investors.ideanomics.com/2022-04-13-Ideanomics-Helps-Close-Electric-Vehicle-Financing-Gaps-for-New-Jersey-Small-Businesses-Participating-in-NJ-ZIP

Ideanomics Helps Close Electric Vehicle Financing Gaps for New Jersey Small Businesses Participating in NJ ZIP

  • New Jersey Zero Emission Incentive Program (NJ ZIP) is a pilot program with a funding pool of over $44M to support small businesses in purchasing medium-duty zero-emissions vehicles
  • While NJ ZIP covers a significant portion of the vehicle cost, Ideanomics is assisting small businesses in financing the remaining cost while enabling them to secure complete vehicle solutions

NEW YORK, April 13, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), is now enabling small businesses in New Jersey to procure commercial EVs. While the New Jersey Zero-Emission Incentive Program (NJ ZIP) provides significant reduction in upfront capital needed for businesses to purchase medium-duty EVs, Ideanomics is delivering operating expense (OPEX) finance solutions to small businesses to support their transition to electrification.

(PRNewsfoto/Ideanomics)

Administered by the New Jersey Economic Development Authority (NJEDA), NJ ZIP is a pilot voucher program with a funding pool of $44.25 million to support businesses in purchasing new, medium-duty zero-emission vehicles. This pilot is funded by the Regional Greenhouse Gas Initiative (RGGI) with proceeds allocated to NJEDA for the purposes of reducing harmful emissions, especially in communities disproportionately impacted by transportation emissions, and creating economic opportunity within the state. The NJ ZIP pilot is designed to cover the incremental cost of EVs compared to their gas or diesel counterparts. According to the NJEDA, over 90 percent of program applicants have been small businesses and 50 percent have been woman- or minority-owned businesses.

Ideanomics, as an independent third-party, has developed a product that will assist small businesses with financing the additional cost of such EVs, as well as enable those businesses to overcome go-to-market barriers by offering a wide range of solutions for commercial electrification.

Headquartered in the New York metro area, Ideanomics uniquely understands the holistic needs of business owners in the area, from both a capital and vehicle perspective. In addition to financial support, Ideanomics can provide small businesses with support to procure vehicles, charging infrastructure, and a wide range of commercial electrification solutions.

"Programs like NJ ZIP empower businesses to access and take advantage of zero-emission vehicles who would ordinarily be unable to afford transitioning to an electric fleet," said Anthony Orantes, President of Ideanomics Capital. "We are thrilled to offer additional support to businesses participating in NJEDA's pilot program as they look to make meaningful change in underserved communities under Governor Murphy's vision for a greener New Jersey. We look forward to assisting small businesses in our own backyard by supporting their transition to e-mobility as we continue to invest in programs that transform the industry."

This is one of the first financing solutions Ideanomics is bringing to market. With challenges such as high upfront cost and lack of readily-available capital hindering the transition to an electric vehicle fleet, Ideanomics delivers innovative financing solutions by turning capital expenditures (CAPEX) to OPEX, which enables fleet operators to capture the favorable Total Cost of Ownership (TCO) of electric vehicles compared to traditional Internal Combustion Engine (ICE) vehicles.

Financing through Ideanomics enables access to solutions that support the transition to commercial electrification, including Vehicles as a Service (VaaS), Charging as a Service (CaaS) and infrastructure and project financing.

"As a small business owner based in Orange, NJ, I wanted to invest in additional work vans to meet the needs of my growing business, but transitioning to an electric fleet is typically cost-prohibitive for new construction businesses like mine," said Jessie Phillip, CEO of JP2018 LLC, a property renovation and investment firm. "Ideanomics' holistic approach to complete commercial electrification solutions through innovative technology and financing has not only made e-mobility accessible for JP2018, but it also provided my business with an unparalleled customer experience compared to working through a traditional commercial bank."

Ideanomics recently announced its plans to open a new state-of-the-art EV Experience Center in New Jersey. The facility, expected to be operational by the end of 2022, will support product development and scalable production of new and existing products across its range of electrification solutions. The facility will be approximately 48,500 square feet, including over 4,000 square feet dedicated to showroom space. The introduction of Ideanomics' state-of-the-art facility is expected to bring between 75 and 100 jobs to the state of New Jersey in executive leadership, commercial development, energy services, engineering, supply chain and logistics over the next three years.

For more information and news on Ideanomics and its operating companies, please visit https://ideanomics.com .

About Ideanomics

Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the completeness of solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com .

 Contacts:

Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
ir@ideanomics.com

Susan Donahue
Skyya PR for Ideanomics
susan.donahue@skyya.com

 

SOURCE Ideanomics

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News Release Issued: Apr 26, 2022 (8:00am EDT)

To view this release online and get more information about Ideanomics Investors visit: https://investors.ideanomics.com/2022-04-26-Solectrac-Continues-to-Advance-Fully-Electric,-Zero-Emissions-Tractor-Sales-with-New-Dealer-Retail-Partnership-in-the-Southeast

Solectrac Continues to Advance Fully Electric, Zero-Emissions Tractor Sales with New Dealer Retail Partnership in the Southeast

SANTA ROSA, Calif., April 26, 2022 /PRNewswire/ -- Solectrac, makers of all-electric tractors and an operating company of Ideanomics (NASDAQ: IDEX), announces the continued expansion of its certified sales and dealer partnership network with the addition of Columbiana Tractor, LLC., located in Westover, Alabama. This announcement marks the first certified retail location in the southeastern region for Solectrac. With this new dealer partnership, Solectrac and Columbiana Tractor will deliver sustainable, electric tractor solutions to serve the region's agricultural customers, hobby farmers, rural lifestylers and first-time tractor buyers. With Columbiana Tractor's end-to-end sales, financing, and service options, customers will be able to reduce their total cost of ownership without sacrificing safety, performance and reliability. Over the next few months, Columbiana Tractors will offer Solectrac's full lineup of electric tractors, starting with the e25 compact electric tractor and later the award-winning e70N, a powerful, narrow electric tractor purposely built for vineyards and commercial farms, variants and other products.

Solectrac Climate-Smart Electric Tractors (PRNewsfoto/Ideanomics)

With the global electric farm tractor market expected to exceed $218M by 2026, this new announcement supports Solectrac's national strategy to bring the benefits of zero-emission tractors with low maintenance charge options directly to the buyer via trusted dealerships located within their region. From hobby farms to utility applications, Solectrac's award-winning tractors allow farmers to power their tractors by using clean, renewable energy sources with the same productivity and performance as tractors using traditional fuels.

"Solectrac's award-winning all-electric tractors continue to see increased demand across a range of agricultural and farm applications," said Mani Iyer, CEO of Solectrac. "We are excited to have Columbiana Tractor as a valuable partner as we continue to build our dealership network across the United States. The importance of the southeast region as a customer base and the trusted sales and service of Columbiana Tractors made Columbiana a natural fit for our next dealer location. As Solectrac continues to grow and scale, we look forward to making electric tractors a sustainable option and the tractor option of choice for the agriculture and farm industry. By expanding our dealer network, our goal is to significantly increase our sales in 2022."

Founded in 2017, by managing partners Chris Mundy and Jeff Adams, Columbiana Tractor's core business philosophy is built around investing in the customer. The company provides sales, finance experts, service technicians, and knowledgeable parts and accessories staff to provide superior customer service and support to the region.

"Columbiana Tractor is committed to offering the most innovative equipment solutions for our customer base here in the greater Alabama area," said Chris Mundy, managing partner and founder of Columbiana Tractor, LLC. "With our recent expansion into a new facility, we prioritized reaching out to Solectrac as part of our next phase of sustainable farming and agricultural solutions for the region. The capabilities of performance of these electric tractors provide real value for efficient operations."

Columbiana Tractor is now taking pre-orders for Solectrac e25 tractors.

Solectrac tractors are assembled in Windsor, Calif. and the company is B Corp Certified. For more information and news on Solectrac, please visit www.solectrac.com.

About Solectrac
Solectrac, Inc., located in Northern California, has developed 100% battery-powered, all-electric tractors for agriculture and utility operations. Solectrac tractors provide an opportunity for farmers worldwide to power their tractors by using the sun, wind, and other clean, renewable sources of energy. The company's mission is to offer farmers independence from the pollution, infrastructure, and price volatility of fossil fuels.

About Ideanomics
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com .

Safe Harbor Statement
This press release contains certain statements that may include "forward-looking statements". All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties, and include statements regarding our intention to transition our business model to become a next-generation financial technology company, our business strategy and planned product offerings, our intention to phase out our oil trading and consumer electronics businesses, and potential future financial results. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and uncertainties, such as risks related to: our ability to continue as a going concern; our ability to raise additional financing to meet our business requirements; the transformation of our business model; fluctuations in our operating results; strain to our personnel management, financial systems and other resources as we grow our business; our ability to attract and retain key employees and senior management; competitive pressure; our international operations; and other risks and uncertainties disclosed under the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on the SEC website at www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Contacts:

Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018  
ir@ideanomics.com 

Malory Van Guilder, Skyya PR for Ideanomics
malory@skyya.com 

 

SOURCE Solectrac

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