NEW YORK, Sept. 13, 2021 /PRNewswire/ -- Ideanomics
(NASDAQ: IDEX) today announces a range of business activities
across it's mobility subsidiaries including WAVE, US Hybrid, and
Solectrac, indicating vibrant growth and business opportunities for
the enterprise. Ideanomics Mobility activities are as follows:
- WAVE, a leading developer of high-power wireless charging
solution provider, will participate in the 2021 International Zero
Emission Bus Conference on September
15th – 17th in Denver, CO.
Located at Booth #21, WAVE will be showcasing its charging systems
ranging from 125kW to 500kW and a 1MW charger in development. WAVE
Chief Technology Officer, Mike
Masquelier, will also speak on the panel of "The Future of
Charging" from 2:45 – 3:45 pm MT on Thursday, September 16th. He will discuss how
WAVE's fast charging wireless charging solution enabled commercial
fleet operators, like Antelope Valley Transit Authority, to scale
their electric bus fleet by extending the range and reducing the
total cost of ownership. WAVE will also be present at this year's
MOVE America Mobility Event as a part of Ideanomics' ecosystem of
EV businesses, hosted in Austin,
TX from September 28th - 29th,
an event where world-leading solutions providers present disruptive
technologies and innovations redefining urban e-mobility. WAVE by
Ideanomics will be located at booth #401.
- US Hybrid, a designer and manufacturer of zero-emission
electric powertrain components for leading OEMs in the private and
public sectors, is moving to a brand-new facility in Torrance, CA to continue driving the future of
EV propulsion systems including fuel cells, while establishing a
commercial division to pursue long-term, larger commercial customer
engagements. The new facility showcases more than 51,000 square
feet of industrial and office space with up to 20' height
clearance. Its strategic location in Torrance will allow US Hybrid to maintain its
close working relationship with existing OEM customers, but also
enables convenient traveling locally and across the world. For the
past 20+ years, US Hybrid has been the leading technology innovator
powering electric, hybrid, and fuel cell medium- and heavy-duty
municipality vehicles, commercial trucks, buses, and specialty
vehicles. This is another critical step as US Hybrid unlocks the
commercialization and sales potential of their American-made,
zero-emission products within Ideanomics and its broad customer
base.
- Solectrac, North America's
first manufacturer and distributor of 100% battery-powered,
all-electric tractors, will have a prominent presence at
Farm-to-Fork Street Festival on September
17th – 18th in the agricultural capital of downtown
Sacramento. Solectrac's branded
tent will be located right at the 5th street entrance. Solectrac's
Compact Electric Tractor (CET) and the newly launched narrow-body
electric tractor, e70N, will also be prominently displayed near the
entrance of the festival. Solectrac will also be featured in the
Farm-To-Fork podcast scheduled to air on September 16th to attract even more people to the
event. With an estimated 200,000 attendees including local
wineries, farmers, agricultural policymakers, and the general
public, Solectrac is poised to increase the consideration of
electric tractors as better performing, more efficient, and
zero-emission equipment for agriculture and utility
operations.
For more information and news on Ideanomics and its subsidiaries
and other investments, please visit https://ideanomics.com.
About Ideanomics
Ideanomics is a global company
focused on the convergence of financial services and industries
experiencing technological disruption. The Ideanomics Mobility
division is a service provider which facilitates the adoption of
electric vehicles by commercial fleet operators through offering
vehicle procurement, finance and leasing, and energy management
solutions under an innovative sales to financing to charging
(S2F2C) business model. Ideanomics Capital is focused on disruptive
fintech solutions for the financial services industry. Together,
Ideanomics Mobility and Ideanomics Capital provide global customers
and partners with leading technologies and services designed to
improve transparency, efficiency, and accountability, and
shareholders with the opportunity to participate in high-potential,
growth industries.
Contacts:
Ideanomics, Inc.
Tony Sklar, SVP of Investor
Relations
1441 Broadway, Suite 5116, New York,
NY 10018
ir@ideanomics.com
Jeremy Ertl, Skyya PR for
Ideanomics
jeremy@skyya.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ideanomics-mobility-subsidiaries-continue-business-growth-in-september-2021-301375179.html
SOURCE Ideanomics