Ideanomics IDEX Archives - Page 7 of 8

ThursdayApr 22, 2021 10:00 am

QualityStocksNewsBreaks – 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,…

FridayApr 16, 2021 12:00 pm

Ideanomics, Inc. (NASDAQ: IDEX) Evolving the Vision to Lead EV Solutions Development

New York-based Ideanomics redefined its operations last year to synergistically create a global ecosystem focused on the growing potential of the electric vehicle market Ideanomics expects its developing revenue stream to largely depend on a Sales to Financing to Charging (S2F2C) business model based on vehicle and battery sales, financing and insurance services, and EV battery charging and related energy services Forecasts anticipate more than a million global commercial EV sales by 2023 and growth in the global EV charging infrastructure market at a CAGR of 33.4 percent from 2021 to 2028 Global commercial electric vehicle company Ideanomics (NASDAQ: IDEX)…

FridayApr 16, 2021 10:54 am

QualityStocksNewsBreaks – Ideanomics (NASDAQ: IDEX) Announces Details for Q1 2021 Earnings Call

Ideanomics (NASDAQ: IDEX), a global company focused on the convergence of financial services and industries experiencing technological disruption, has announced plans to release its Q1 2021 financial report on Monday, May 17, 2021. The news release noted that during the first quarter of this year, IDEX has transformed its business through acquisitions transacted through both Ideanomics Mobility and Ideanomics Capital divisions. The company also noted that, starting this quarter, it will begin to report forecasted sales pipeline alongside quarterly earnings. In conjunction with the financial report release, the company has also scheduled a conference call to discuss the report; the call…

WednesdayApr 14, 2021 2:07 pm

QualityStocksNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Treeletrik to Provide Clean, Safe, Affordable Transportation Option in Indonesia

Ideanomics’ (NASDAQ: IDEX) subsidiary, Tree Technologies Sdn Bhd ("Treeletrik"), a Malaysian home-grown electric vehicles ("EV") maker with a presence in the ASEAN market, has signed a partnership to supply 200,000 units of its 100% electric motorbikes to Indonesia via distributors PT Pasifik Sakti Enjiniring and the Nahdatul Ulama Board ("PBNU"). The partnership expands Treeletrik's regional presence as a key player in promoting electric mobility, supporting ASEAN's energy transition agenda. "Treeletrik is a pioneer in bringing true electric motorbikes from Malaysia to the ASEAN region and beyond, spearheading a new way of mobility," said Datuk Viswananthan Menon, CEO of Treeletrik. "We…

WednesdayApr 14, 2021 11:13 am

Ideanomics, Inc. (NASDAQ: IDEX) Releases 2020 Financial Results, Appoints Chief Revenue Officer to Help Drive Long-Term Growth

EV (electric vehicle) revenues amounted to $19.5 million in 2020, growing 600+ percent from $2.7 million in 2019 First sales of battery and charging systems also drove revenue in 2020 and are expected to continue growing this year following the acquisition of WAVE New Chief Revenue Officer Kristen Helsel has a proven track record in growing revenues in the automotive and energy management industries and will play an instrumental role in driving the company’s growth, performance and strategy Ideanomics (NASDAQ: IDEX), a global company focused on enabling the widespread adoption of commercial electric vehicles and associated energy consumption, finished 2020…

MondayApr 05, 2021 1:22 pm

QualityStocksNewsBreaks – Ideanomics (NASDAQ: IDEX) Appoints Proven Exec as Chief Revenue Officer

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, today announced the appointment of Kristen Helsel as the company’s chief revenue officer. Helsel will be instrumental in driving the company's hyper-growth, performance, strategy, and alignment of the organization's revenue-generating departments. "Kristen has a proven track record for growing revenues in both the automotive and energy management industries, as well as building and leading high-performing sales teams," said Ideanomics CEO, Alf Poor. "We are excited to bring someone on board with experience at the intersection between automotive and energy that is…

ThursdayApr 01, 2021 1:16 pm

Ideanomics, Inc. (NASDAQ: IDEX) Enters 2021 with Optimism Over Improving EV Market, Battery Outlook

Ideanomics is a New York-based global company driving the adoption of commercial electric vehicles CEO, Alf Poor noted at a conference last week that commercial EV adoption is advancing and that the char4ging infrastructure market is expected to grow at a CAGR of 33.4 percent between now and 2028 The U.S. Department of Energy has also declared that developing solutions for better and more cost-accessible EV batteries is a critical element of its mission As the electric vehicle market ramps up worldwide, EV owners are pushing for higher performance from the batteries that power their vehicles, which analysts in turn…

ThursdayApr 01, 2021 11:11 am

QualityStocksNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Releases FY 2020 Financial Report

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles (“EVs”) and associated energy consumption, has reported its full-year 2020 revenues and operational milestones for the year ended Dec. 31, 2020. Highlights of the report indicate that the company’s revenues for the year totaled $26.8 million, resulting in sufficient resources to support IDEX’s strategic long-term growth plan. The report also noted Ideanomics’s continued strength and consistent performance in the EV industry as the company’s Sales 2 Financing 2 Charging (“S2F2C”) business model gains traction in the electric vehicle sector. The financial report also indicated that…

FridayMar 26, 2021 1:22 pm

QualityStocksNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Furthers Strategy with Energica Investment

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, has inched closer to realizing its vision with the recent acquisition of a 20% stake in Energica Motor Company S.p.A. (“Energica”), a manufacturer of high-performance electric motorcycles. The investment, amounting to approximately $13 million, is part of a strategy to bring together companies producing electric vehicles and related products or services, thus allowing technology synergies to play out among them. “The latest investment, Energica, will be part of Ideanomics’ Mobility division and is the second of its kind for…

FridayMar 19, 2021 2:13 pm

QualityStocksNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Targets New Investments and Acquisitions

Ideanomics (NASDAQ: IDEX), a global company facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, is eying expansion through acquisitions and new investments. “The company expects 2021 to be another growth year after it raised approximately $400 million over the past six months,” reads an article on why Ideanomics is “one to watch.” “This funding has already been put to good use with acquisitions of Wireless Advanced Vehicle Electrification (‘WAVE’) and Timios. With roughly $200 million still on the balance sheet, Ideanomics continues to look for new investments and acquisitions in revenue-based opportunities focused…

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