ThursdayJun 10, 2021 1:36 pm

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) to Join Russell 3000 Index

Ideanomics (NASDAQ: IDEX) today announced that it will be joining the broad-market Russell 3000(R) Index at the conclusion of the 2021 Russell indexes annual reconstitution, which is expected to take effect after the US market opens on June 28. “Joining the Russell indexes enables Ideanomics to extend its reach into the institutional shareholder community where we believe our story is going to resonate extremely well. Our ability to derive revenues from the EV industry in the short, medium and long-term, sets us apart from many others in the sector, while our fintech group provides consistent results and spotlights our value to…

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TuesdayJun 08, 2021 12:01 pm

GreenEnergyBreaks – Ideanomics Inc. (NASDAQ: IDEX) to Present at LD Micro Invitational XI

Ideanomics (NASDAQ: IDEX), a company driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, today announced that its CFO Conor McCarthy will present at the upcoming virtual LD Micro Invitational XI conference at 6:00 p.m. ET on Thursday, June 10. “The Ideanomics Mobility ecosystem of EV-centric subsidiaries represents the future of the commercial EV sector,” said McCarthy in the press release. “We look forward to sharing recent learnings with peers and colleagues from around the world at LD Micro Invitational in the interest of driving the bright future of electric vehicle technology forward.” To view…

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ThursdayJun 03, 2021 12:31 pm

GreenEnergyBreaks – ev Transportation Services Inc. (‘evTS’) to Present at Upcoming Needham Virtual Automotive Tech Conference

ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services and urban mobility markets, today announced its participation in the upcoming Fifth Annual Needham Virtual Automotive Tech Conference. Per the update, evTS chairman and CEO David Solomont has been invited to participate in a fireside chat with Needham analyst Alex Salisbury at 1:15 p.m. ET on Tuesday, June 8, 2021. Solomont will also meet with the investment community in a series of virtual one-on-one meetings during the week of June 8, reviewing the company’s market entry plans and strategy for growth. Interested parties should visit https://ibn.fm/512xt to…

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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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