Ideanomics Mobility Subsidiaries Continue Business Growth in September 2021

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NEW YORK, September 13, 2021 / PRNewswire / – Ideanomics (NASDAQ: IDEX) today announced a series of business activities in its mobility subsidiaries including WAVE, US Hybrid and Solectrac that indicate dynamic growth and business opportunities for the company. The activities of Ideanomics Mobility are as follows:

  • WAVE, a leading developer of high-performance wireless charging solutions, will be present at the International Zero Emission Bus Conference 2021 on. take part September 15th – 17th in Denver, CO. At booth no. 21, WAVE will be presenting its charging systems from 125 kW to 500 kW and a 1 MW charger in development. WAVE Chief Technology Officer, Mike MasquelierHe will also speak on the “The Future of Charging” panel from 2:45 pm – 3:45 pm CET Thursday, September 16. He will explain how WAVE’s wireless fast charging solution enabled commercial fleet operators such as the Antelope Valley Transit Authority to scale their electric bus fleets by extending range and reducing total cost of ownership. WAVE will also be featured at this year’s MOVE America Mobility Event as part of the Ideanomics ecosystem for EV companies that will be featured in. is organized Austin, TX from September 28-29, an event where the world’s leading solution providers present groundbreaking technologies and innovations that are redefining urban e-mobility. WAVE by Ideanomics can be found at booth 401.
  • US Hybrid, a developer 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, California to advance the future of EV propulsion systems including fuel cells while building a commercial department to pursue long-term, larger commercial customer relationships. The new facility offers more than 51,000 square meters of industrial and office space with a clearance of up to 20 feet. Its strategic location in Torrance will enable US Hybrid to maintain its close working relationship with existing OEM customers, but also allow convenient travel locally and around the world. For over 20 years, US Hybrid has been the leading technology innovator for powering medium and heavy municipal vehicles, commercial vehicles, buses and special vehicles with electric, hybrid and fuel cell drives. This is another important step as US Hybrid unlocks the commercialization and sales potential of its American-made, zero-emission products within Ideanomics and its broad customer base.
  • Solectrac, North America The first manufacturer and distributor of 100% battery-powered, all-electric tractors will have a prominent presence at the Farm-to-Fork Street Festival on 17th of September – 18th in the agricultural capital of the city center Sacramento. The Solectrac brand tent will be located directly at the entrance on 5th Street. The Compact Electric Tractor (CET) from Solectrac and the newly launched electric narrow tractor e70N are also prominently exhibited near the festival entrance. Solectrac will also be featured on the Farm-to-Fork podcast to be broadcast on 16th September to attract even more people to the event. With an estimated 200,000 attendees including local wineries, farmers, agri-politicians and the general public, Solectrac is poised to give electric tractors greater consideration as more powerful, efficient and zero-emission equipment for farms and utilities.

For more information and news about 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 with technological upheavals. The Ideanomics Mobility division is a service provider that facilitates the introduction of electric vehicles by commercial fleet operators by offering vehicle procurement, financing and leasing as well as energy management solutions as part of an innovative business model from sales to financing (S2F2C). Ideanomics Capital focuses on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital offer global customers and partners leading technologies and services to improve transparency, efficiency and accountability, and enable shareholders to participate in high-potential, high-growth industries.

Contacts:

Ideanomics, Inc.
Tony Sklar, SVP for Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
[email protected]

Jeremy Ertl, Skyya PR for Ideanomics
[email protected]

SOURCE Ideanomics

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