Ideanomics IDEX Archives - Page 4 of 8

ThursdayJul 22, 2021 9:00 am

Ideanomics Inc.’s (NASDAQ: IDEX) Sales To Finance to Charging (S2F2C) Business Model Paves Way For Exponential Growth Opportunities

Ideanomics’s EV market is expected to grow exponentially, driven by growing public awareness/acceptance and the U.S. administration’s support The company plans its expansion moves across three strong EV pillars: vehicles, charging, and energy IDEX acquisition of California-based Solectrac reflects the company’s approach to an electric tractor revolution In 2020, the number of global electric vehicles reached the 10 million mark, with battery electric vehicles (“EVs”) being the main force behind the expansion. The governments of many countries provided fiscal incentives that have acted as a catalyst for the new registration of electric cars (https://ibn.fm/zu2U7). Ideanomics (NASDAQ: IDEX), is a global…

FridayJul 16, 2021 10:46 am

QualityStocksNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Schedules Call to Discuss Q2 2021 Earnings

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, will be hosting an earnings call and webcast. The event, which is scheduled for Aug. 16, 2021, will focus on the company’s second-quarter financial results, which will be released that same day at 4 p.m. ET; the conference call will begin at 4:30 p.m. ET. During the call, Ideanomics executives will present key information. The call will also have time set aside for a Q&A session. Interested parties can participate on the call by dialing toll free in Canada and the United…

ThursdayJul 15, 2021 11:59 am

QualityStocksNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Driven to Sustain Next-Gen Solutions for World’s Energy Consumption

Ideanomics (NASDAQ: IDEX) announced June 14 that it had boosted its stake in California-based zero-emission electric tractors manufacturer and distributor Solectrac Inc. to 100% ownership. According to a recent article, not only did this move highlight applications of electric vehicle (“EV”) technology in the agricultural industry, “but also showcased Ideanomics’ drive to sustain next-generation solutions for the world’s energy consumption and living standard equity difficulties.” Solectrac has limited competition in the electric tractor market in North America, granting it a significant head start within the industry. Its premium electric tractor lineup is fully scalable and market-ready to generate revenue in…

FridayJul 09, 2021 11:14 am

Ideanomics Inc. (NASDAQ: IDEX) EV Tractor Subsidiary Names CEO as EV Market Continues Global Growth, Evolution

Zero-emissions electric tractor manufacturer Solectrac recently announced that agriculture and construction industry veteran Mani Iyer will succeed the company’s founder as CEO as Solectrac enters an anticipated period of new growth Solectrac is a subsidiary of clean energy-focused company Ideanomics Inc., which announced its 100 percent acquisition of the EV tractor manufacturer and distributor last month The electric vehicle (“EV”) market continues its push toward maturity as many of the world’s governments struggle to enact systemic change to their energy policies as a response to persistent concerns about the global climate (https://ibn.fm/9iw8G). New York-based EV company Ideanomics (NASDAQ: IDEX) is…

ThursdayJul 08, 2021 10:41 am

QualityStocksNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) a ‘True Powerhouse in the Commercial EV Sector’

Ideanomics (NASDAQ: IDEX) recently completed the acquisition of 100% of privately held US Hybrid, heralding entry into the burgeoning EV powertrain market that is expected to grow at a 16% CAGR between 2020 and 2027. US Hybrid manufactures and sells electric powertrain components and fuel cell engines for medium and heavy-duty municipality vehicles, commercial trucks, buses, and specialty cars. The company welcomes US Hybrid CEO Dr. Abas Goodarzi, Ph.D., PE, and his entire team, with the acquisition expected to bring synergistic benefits to the various companies under the Ideanomics Mobility umbrella. A recent article quoted Dr. Goodarzi as saying: “Ideanomics…

WednesdayJul 07, 2021 10:41 am

Ideanomics Inc.’s (NASDAQ: IDEX) Dr. Abas Goodarzi Feted for Contributions to the Advancement of Electric Powertrains for Medium and Heavy-Duty Vehicles

Ideanomics Chief Scientist and CEO of US Hybrid Dr. Abas Goodarzi recently received the 2021 IEEE PELS Vehicle and Transportation System Achievement Award for his contributions to the advancement of electric powertrains for medium and heavy-duty vehicles Dr. Abas is a 38-year veteran in the electric, hybrid, and fuel cell industries Prior to his role at Ideanomics, he had worked as an Associate professor at California State University, San Francisco, and later as a Technical Director at General Motors and Senior Scientist at Hughes Aircraft Company Ideanomics (NASDAQ: IDEX) recently announced that its Chief Scientist and US Hybrid CEO, Dr.…

FridayJul 02, 2021 9:45 am

Ideanomics Inc. (NASDAQ: IDEX) Boosts EV Tractor Acquisition to 100 Percent, Anticipating Growing Potential for Environmental Awareness in Agriculture Industry

Despite the worldwide economic difficulties imposed by the pandemic during the past year, new efforts at electric vehicle adoption are on the rise Ideanomics recently announced 100 percent acquisition of EV tractor manufacturer and distributor Solectrac Inc., which will grant it premium positioning in the agriculture industry’s growing interest in zero-emissions vehicles Ideanomics is also celebrating the launch of Technology Metals Market (“TM2”) trading using Nasdaq's cloud-deployed matching technology for real-time pricing Consumer interest in reducing the harmful effects of pollutants on the earth’s climate globally has led to a resurgence of electric-driven automotive technology in the world’s marketplace for…

ThursdayJul 01, 2021 11:13 am

QualityStocksNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Appoints Agriculture and Construction Industry Veteran as CEO

Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that its subsidiary, Solectrac, has named Mani Iyer as CEO. The appointment positions the company for manufacturing and distribution scale of its innovative electric tractors. A 28-year veteran of the agricultural and construction industries, Mani specializes in the farm tractor category and has served a wide variety of leadership positions in North America, South America and Asia. “As the world rapidly moves towards an electric-powered sustainable future, Solectrac is well-positioned for Mani to take the wheel and lead the team as…

WednesdayJun 30, 2021 1:50 pm

QualityStocksNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Business Vitality Demonstrated in Robust Growth

Ideanomics (NASDAQ: IDEX) recently released its Q1 2021 financials for the three months ending March 31, 2021. The company reported $32.7 million in Q1 2021 revenue, up from $378,000 in Q1 2020. Its gross profits also grew severalfold to $10.8 million in Q1 2021, up from $44,000 in Q1 2020. According to an article discussing these impressive results, “This robust growth demonstrates the vitality of Ideanomics’ business, as well as its ability to bounce back.” The U.S. market accounted for 90.6% of the total revenue, followed by China with a 9.3% contribution and Malaysia with $7,000. In terms of revenues…

ThursdayJun 24, 2021 11:07 am

QualityStocksNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Chief Scientist Receives Industry Recognition

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, announced that its chief scientist, Dr. Abas Goodarzi, has been named the recipient of the 2021 IEEE PELS (“IEEE PELS”) Vehicle and Transportation Systems Achievement Award. Goodarzi, who has worked in the industry for almost four decades, was honored for his contributions to the advancement of electric powertrains for medium and heavy-duty vehicles. The award, established by the Institute of Electrical and Electronics Engineers Power Electronics Society, recognizes innovators and researchers who have made outstanding technical contributions to the advancement of power…

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