NEW
YORK, March 3, 2023 /PRNewswire/ -- Solectrac
Electric Tractors, a subsidiary of Ideanomics (Nasdaq: IDEX), will
join "Farmers for Climate Action: Rally for Resilience," a
grassroots alliance of farmers, farmworkers and farmer allies that
will be heading to Washington D.C.
during the week of March 6, 2023,
with a singular ask for policymakers: make climate change policy a
priority in the 2023 Farm Bill.
"Electric tractors are an essential part of addressing the
climate crisis and forging a sustainable future for farmers. These
tractors can be charged from renewable energy and not only
eliminate on-site emissions, but also provide a healthier work
environment," said Mani Iyer, CEO of
Solectrac, a subsidiary of Ideanomics.
Led by the National Sustainable Agriculture Coalition (NSAC),
Farm Aid, and supported by an alliance of organizations, the event
aims to bring a mass mobilization of producers to the Capitol,
reminiscent of the 1979 Tractorcade. This time, a
Solectrac electric tractor will be on display to show that the
future of agriculture is here.
The focus of the 3-day event is on the next Farm Bill on the
docket for the 118th Congress. Farmers, ranchers, and advocates
want legislators to address the severe challenges facing the
farming community due to the climate crisis. They are asking that
the next Farm Bill explicitly empower farmers to tackle climate
change by providing resources, assistance, and incentives that will
allow them to lead the way in implementing proven climate
solutions. "We want to urge Congress that electrification of
agriculture is part of the myriad of solutions that we will need to
pursue in order to attain a sustainable food system," said
Iyer.
"For countless farmers and communities across the country, a
status quo Farm Bill would miss the mark. Nothing short of bold
structural changes – including significant investments in
sustainable agriculture and enacting fair pricing policies – will
do," said Mike Lavender, NCAS
Interim Policy Director. In addition to drawing attention to the
economic, social, and environmental dimensions of our climate
crisis, farmers will be calling on our nation's politicians to
enact policies that promote racial equity and address the history
of discrimination against Black, Indigenous, and other communities
of color.
The Rally for Resilience will take place from March 6-8, 2023 in Washington D.C., with satellite events
scheduled around the country.
Current lead organizational partners include: National
Sustainable Agriculture Coalition, Rural Coalition, Federation of
Southern Cooperatives, Land Assistance Fund, HEAL Food
Alliance, Farm Aid, National Young Farmers Coalition, Food
Animal Concerns Trust, Rural Advancement Foundation International
USA, Ohio Ecological Food and
Farming Association, Land Stewardship Project, Pasa
Sustainable Agriculture, Kiss the Ground, Family Farm
Defenders, the Union of Concerned Scientists, American Agricultural
Movement, American Sustainable Business Network, Certified
Naturally Grown, Organic Seed Alliance, EarthJustice, and Women,
Food and Agriculture Network. Additional
information, including the most up-to-date list of organizational
partners, is available here.
About Solectrac
Solectrac is a subsidiary of
Ideanomics (Nasdaq: IDEX), has been a Certified B Corp since 2019,
and continues to maintain the highest standards of verified social
and environmental performance, public transparency and legal
accountability. Since becoming a subsidiary of Ideanomics in 2021,
Solectrac has been growing fast and adding new dealerships every
month to its expanding network to provide sales and service to
customers. In 2022, the company opened a new 36,000 square foot
production facility in Northern
California and soon added a second assembly center in
North Carolina to serve east coast
customers. For more information, visit www.solectrac.com.
About Ideanomics
Ideanomics is a global group with a
simple mission: accelerating the commercial adoption of electric
vehicles. By bringing together vehicles, charging, and financing
solutions under one roof, Ideanomics is the one-stop partner needed
to simplify the transition to, and operation of, any EV fleet. To
keep up with Ideanomics, please follow the company on social
@ideanomicshq or visit https://ideanomics.com.
Safe Harbor Statement
Any statements contained in this
press release that do not describe historical facts may constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including statements
regarding the expected timing for the filing of the Form 10-K, the
Company's ability to regain compliance with the Nasdaq requirements
for continued listing and related matters. These forward-looking
statements are often identified by the use of forward-looking
terminology such as "believes," "expects," or similar expressions
that involve known and unknown risks and uncertainties. Any
forward-looking statements contained herein are based on current
expectations, but are subject to risks and uncertainties that could
cause actual results to differ materially from those indicated,
including, but not limited to, risks and uncertainties relating to
the failure of the Company to file the Form 10-K on its expected
timeline and other risk factors discussed from time to time in the
Company's filings with the SEC. These and other factors are
identified and described in more detail in the Company's filings
with the SEC, including, without limitation, the Company's most
recent Form 10-K and Form 10-Q. The Company expressly disclaims any
intent or obligation to update these forward-looking statements
other than as required by law.
Media Contact:
Christiane Heckeroth, Director of
Communications
christiane@solectrac.com
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SOURCE Solectrac