March 2021 - Green Energy Stocks

ThursdayMar 18, 2021 2:55 pm

Ideanomics, Inc. (NASDAQ: IDEX) Targets Global Markets Providing Shareholders with High-Growth Opportunities

Ideanomics raised $400 million in the last few months for growth and investment opportunities IDEX recently signed an agreement with Italian-based high-performance electric motorcycle company Energica, to acquire at least 20% of the company Company CEO Alf Poor to address a presentation on EV technology at the KraneShares’ Future of Green ETFs Summit Ideanomics (NASDAQ: IDEX) is a global company focused on EV and fintech businesses. Founded in 2004 and headquartered in New York, Ideanomics currently spans operations in United States, China, Ukraine, and Malaysia. After raising $400 million in the past few months, the company is looking for high-growth…

WednesdayMar 17, 2021 3:00 pm

FedEx Corp. (NYSE: FDX) Pledges to Deploy only EVs by 2040

With climate change and its long-term effects becoming more apparent, several countries around the world have set ambitious green energy targets. Electric vehicle (“EV”) startups such as Tesla and established automakers such as Toyota showed that zero-emission energy vehicles were a viable mode of transport, kicking off a mass shift from internal combustion engine (“ICE”) vehicles to battery electric vehicles (“BEVs”). Consequently, several companies have committed to replacing their fleets with EVs in a bid to reduce their carbon footprint. FedEx (NYSE: FDX) is the latest company to announce that it will swap its gas-powered vehicles for zero-emission electric vehicles.…

MondayMar 15, 2021 2:32 pm

Ideanomics Inc. (NASDAQ: IDEX) Expands Global EV Footprint with Energica Investment, CALSTART Membership

The acquisition of 20% of Energica Motor Company S.p.A. compliments majority-owned Treeletrik’s business in the ASEAN market and continued investment in European-based OEM CALSTART will assist in growing Ideanomics’ wholly-owned subsidiaries – enhancing national and global programs Ideanomics Mobility is a part of a global commercial EV market expected to surpass $132 billion by 2022 Ideanomics (NASDAQ: IDEX), a global company that is facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, recently announced that it had acquired 20% of Energica Motor Company S.p.A. (“Energica”) for a consideration of $13.2 million. Energica develops 100%…

WednesdayMar 10, 2021 2:15 pm

Retired EV Batteries Find New Uses on Farms, in Factories

Unlike conventional gas-powered vehicles that run on an internal combustion engine (“ICE”), electric vehicles (“EVs”) are powered by rechargeable lithium-ion battery packs. EV battery technology is still relatively new, and battery makers, as well as EV firms, are working to develop designs that are cheaper, more energy dense and last longer. However, rechargeable EV batteries will degrade over time and after ten or 20 years, most EV owners have to replace the battery pack. So where do these used batteries go? They usually still maintain around 70–80% of their original capacity at this point. Although this isn’t enough to power…

MondayMar 08, 2021 2:41 pm

Ideanomics Inc. (NASDAQ: IDEX) Acquires 20% Stake in Italian Listed Electric Motorcycle Maker Energica

Ideanomics, Inc. (NASDAQ: IDEX) recently entered into an investment agreement promising to purchase over 6 million Energica ordinary shares using a subscribed-shares arrangement that priced each subscribed share at Euro 1.78 In total, IDEX would invest approximately 13 million dollars in the Italy-based manufacturer of all-electric high-performance motorcycles According to IDEX CEO Alf Poor, the investment was driven by Energica’s manufacture of high-performance products that produce zero emissions In 2020, Energica experienced a 187% increase in revenue compared to 2019, and there is high demand for Energica’s motorcycles in the U.S. Ideanomics (NASDAQ: IDEX), a global company focused on investing…

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Month: March 2021

Ideanomics, Inc. (NASDAQ: IDEX) Targets Global Markets Providing Shareholders with High-Growth Opportunities

FedEx Corp. (NYSE: FDX) Pledges to Deploy only EVs by 2040

Ideanomics Inc. (NASDAQ: IDEX) Expands Global EV Footprint with Energica Investment, CALSTART Membership

Retired EV Batteries Find New Uses on Farms, in Factories

Ideanomics Inc. (NASDAQ: IDEX) Acquires 20% Stake in Italian Listed Electric Motorcycle Maker Energica

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