NEW
YORK, March 2, 2023 /PRNewswire/ --
Ideanomics (NASDAQ: IDEX), a global company focused on
accelerating the commercial adoption of zero-emission vehicles,
today announced that its subsidiary Energica Motor Company
(Energica), maker of the world's best high-performance electric
motorcycle, and a major global original equipment manufacturer
(OEM) are collaborating to develop a new line of electric two-wheel
vehicles. Energica Inside, a business unit of Energica, is
providing design and engineering services.
"Our world needs to become net zero by 2050, which means
transportation must become zero emission. I believe that the unique
expertise and technology within Energica can help society achieve
this goal faster," says Livia Cevolini, CEO of Energica. "That is
why we formed the Energica Inside business unit, and we immediately
attracted a lot of attention from large OEMs looking to offer EV
solutions for urban mobility, agriculture, marine, and
aviation."
Energica Inside provided a feasibility study to identify a final
configuration for an off-road electric vehicle platform. The
company's engineers and designers performed a technical assessment
of the OEM's existing platform and battery pack to validate the
definitive product battery specification.
- At the heart of the final configuration is Energica's
powertrain, which includes the E2110 motor, a liquid-cooled
permanent magnet electric motor weighing just 27kg and a maximum
power of 120 kW (161 hp) at 13000 rpm.
- Energica Inside. Team discussed potentially developing a new
motor design to meet the OEM's needs.
- To increase performance, Energica Inside worked on integrating
Energica's pouch cells in the existing battery case.
- The recommended final configuration and integration meets the
OEMs existing layout and design specifications, including
aesthetics.
"Energica Inside is ready to help OEMs achieve their climate
goals and comply with regulations by electrifying their product
lines - whether its tractors, watercraft, aircraft, or passenger
and urban mobility vehicles," stated Carlo
Iacovini, General Manager Energica Inside. "Our solutions
are built around Energica's industry-leading, proven EV design,
engineering and technology."
Energica Inside already has several projects underway, including
a collaboration with U.S. electric tractor manufacturer Solectrac.
Energica Inside is helping Solectrac develop its next generation of
electric tractors.
With ongoing support from Ideanomics, Energica is accelerating
the disruption of the global two-wheeler market with its
high-performance electric motorcycles. Ideanomics is solving the
complexity of fleet electrification, offering fleet operators
everything they need to electrify faster, easier and more
affordably, all in one place.
About Ideanomics
Ideanomics (NASDAQ: IDEX) is a global group with a simple
mission: to accelerate the commercial adoption of electric
vehicles. By bringing together vehicles and charging technology
with design, implementation, and financial services, we provide
solutions needed for the commercial world to commit to an EV
future. To keep up with Ideanomics, please follow the company on
social @ideanomicshq or visit https://ideanomics.com.
Safe Harbor Statement
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often identified by the use of forward-looking terminology such as
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regarding the completion of the business combination within a
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the expectations reflected in such forward-looking statements are
reasonable, they do involve assumptions, risks, and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
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and uncertainties, such as risks related to: our ability to obtain
necessary regulatory approvals and other risks and uncertainties
disclosed under the sections entitled "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" in our most recent Form 10-K and Form 10-Q
filed with the Securities and Exchange Commission, and similar
disclosures in subsequent reports filed with the SEC, which are
available on the SEC website at www.sec.gov. All forward-looking
statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by these risk
factors. Other than as required under the securities laws, the
Company does not assume a duty to update these forward-looking
statements.
Investor Relations and Media
Contact
Ideanomics, Inc.
Tony Sklar, SVP of Investor
Relations
1441 Broadway, Suite 5116 New York,
NY 10018.
Email: ir@ideanomics.com
Theodore Rolfvondenbaumen
Communications Director
Email: trolfvondenbaumen@ideanomics.com
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SOURCE Ideanomics