ThursdayJun 03, 2021 10:47 am

GreenEnergyBreaks – Ideanomics (NASDAQ: IDEX) Subsidiary Completes Newest Deployment of Inductive Chargers

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has announced that its subsidiary WAVE has completed another transit authority deployment. WAVE is a leading developer of high-power inductive charging solutions for medium and heavy-duty vehicles. The deployment involves a high-power, cable-free, in-route charging system for the Twin Transit Authority (“TTA”), located in Chehalis, Washington. Designed to help the Washington-based transit authority extend the driving range of its electric buses, the deployment is a significant step in accelerating TTA’s progress toward achieving its goal to make its fleet fully electric by…

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MondayMay 24, 2021 1:45 pm

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Stays True to Eco-Friendly Resolve

Ideanomics (NASDAQ: IDEX), a global company made up of two divisions, Ideanomics Mobility and Ideanomics Capital, holds to a mission to drive the sustainability transformation globally. True to its resolve, the company graced NASDAQ’s virtual closing bell ceremony on April 23 and subsequently rang the bell, wrapping up Earth Week. Also in line with this environmental focus, Ideanomics subsidiary Solectrac recently donated its first Compact Electric Tractor (“CET”) production unit to Kōkua Learning Farm, a non-profit Hawaiian foundation that supports environmental education. A recent article quoted the farm’s co-founder Jack Johnson as saying, “We are so excited about our new…

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TuesdayMay 18, 2021 12:13 pm

GreenEnergyBreaks – Ideanomics (NASDAQ: IDEX) Releases Q1 2021 Financial Report

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has reported its financial numbers for Q1 2021. Included in the report was revenue of $32.7 million, which represents the fifth consecutive quarter of growth, and gross profit of $10.8 million for the period ended March 21, 2021. The company noted that the first-quarter numbers included first revenues from its two January 2021 acquisitions: WAVE, an inductive-charging business, and Timios, a title and escrow services company. Corporate highlights for the quarter included the company’s acquisition of WAVE and Timios, as well as…

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ThursdayMay 13, 2021 10:50 am

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Enters Definitive Agreement to Acquire US Hybrid

Ideanomics (NASDAQ: IDEX) today announced its entry into a definitive agreement to acquire 100% of privately held US Hybrid in cash and stock consideration, the material terms of which are disclosed in the company’s related 8-K filing. The acquisition, subject to customary closing conditions, brings to Ideanomics the application of U.S.-built technology, for use in its own vehicles, and significantly extends the company’s capabilities in zero-emission transportation. “The acquisition of US Hybrid is a significant one for our EV efforts across the Ideanomics Mobility division and is the stepping-stone we were looking for to ensure we provide vehicles and technologies that…

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TuesdayMay 04, 2021 12:34 pm

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Holds Unique View Across EV Value Chain

Ideanomics (NASDAQ: IDEX) is a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products. The global company is driving next generation solutions to energy consumption and, through its Ideanomics Mobility division, has evolved into a synergistic ecosystem of subsidiaries and investments in the electric vehicle (“EV”) industry. A recent article regarding this quotes Ideanomics CEO Alf Poor, stating “We have a unique view across what we believe is the EV value chain because we have operations in China, South Asia, in Malaysia, in Europe and in North America, and we have interesting…

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WednesdayApr 28, 2021 2:25 pm

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Eyes Predictable Revenue Stream Through Battery Leasing Model

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, is looking to make its revenue stream more predictable. The company hopes to accomplish this through a battery leasing model in Asia. Speaking during a March 25 webinar focused on batteries and charging solutions, CEO Alf Poor elaborated on Ideanomics’ target and observed that the reducing cost of batteries was welcome news for the electric vehicle (“EV”) industry. “This is great for the EV industry because this will put us at a parity with the cost of the competitor…

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FridayApr 23, 2021 1:57 pm

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Management, Employees to Virtually Ring NASDAQ Closing Bell

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, has been invited to virtually ring the closing bell on NASDAQ today to celebrate the end of Earth Week. IDEX management and employees will participate in the online ceremonial tradition at 4 p.m. ET. A company committed to sustainability, Ideanomics invested in the future of smart-charging technologies through its acquisition of WAVE, a Utah-based company that is working to enable the commercial fleet sector embrace zero-emission wireless charging for their electric mobility needs. Ideanomics also acquired a 20% investment in Italian…

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ThursdayApr 22, 2021 1:51 pm

GreenEnergyBreaks – ev Transportation Services Inc. Established Premier Dealer Network for FireFly Distribution

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban mobility markets, has established the Premier Dealer Network, a select group of distribution partners designated as the first dealers in the country to market ESV’s first electric vehicle: the 2021 FireFly. According to the announcement, the dealer network provides a strong piece of the company’s strategic rollout of its new electric vehicle; the company is targeting the light-duty, essential service fleet market. Companies in the new Premier Dealer Network include the following: ADOMANI Inc. (DBA Envirotech Vehicles) (OTCQB: ADOM), a provider of new purpose-built, zero-emission electric…

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ThursdayApr 22, 2021 10:00 am

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces Donation of Compact Electric Tractor, Investment in Social Media Platform

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, announced that Soletrac Inc., an IDEX portfolio company, has donated its first compact electric tractor (“CET”) to a nonprofit organization. The truck was delivered to the Kōkua Hawaiʻi Foundation, which supports environmental education in schools and communities in Hawaii. The truck will be used on the Kōkua Learning Farm, the foundation’s seven-acre farm on the North Shore of Oʻahu, which will be a gathering place for students and community members to learn about food production and participate in supporting a productive,…

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TuesdayApr 20, 2021 3:47 pm

GreenEnergyBreaks – ev Transportation Services Inc. (‘evTS’) Enters Strategic Agreement with Leading EVSE Company

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban mobility markets, today announced its entry into a reseller agreement with Blink Charging (NASDAQ: BLNK, BLNKW), a leading electric vehicle supply equipment (“EVSE”) company that designs, manufactures, owns and operates EV charging products and services. Under the agreement, evTS will distribute Blink’s EV charging equipment to fleet customers along with the company’s FireFly ESV(R) essential services vehicle. The relationship will pair Blink’s new IQ 200-M portable EV charger with the evTS FireFly to create a fully electric EV roadside assistance vehicle solution. "We believe the…

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