Ideanomics Reports November EV Sales Activity

The Company Reported a Total of 151 Vehicles were Delivered in November
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Byd Taxi
Byd Taxi
NEW YORK - Dec. 15, 2020 - PRLog -- Ideanomics Inc. announced its Mobile Energy Global (MEG) division's sales activities for the month of November.

For the period starting November 1, 2020, through November 30, 2020, MEG delivered a total of 151 vehicle units, all of which were units for the taxi/ride-hailing business segment. A remaining 205 units, invoiced during the period from July through November 2020, are still pending expected delivery. This month's activities also include the delivery of one charging system and 13 CATL battery systems which are part of an ongoing order for converting diesel-powered buses to battery electric vehicles (BEVs).

About Ideanomics

Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. Our Mobile Energy Global (MEG) 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 our innovative sales to financing to charging (S2F2C) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, MEG and Ideanomics Capital provide our global customers and partners with leading technologies and services designed to improve transparency, efficiency, and accountability, and our shareholders with the opportunity to participate in high-potential, growth industries.

The company is headquartered in New York, NY, with offices in Beijing, Hangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.

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Tags:Investments, Investing, Evs, Electric Vehicles, News, Nasdaq, Small Caps, Wall Street, Tesla
Industry:Automotive, Business, Investment, Stocks, Technology
Location:New York City - New York - United States
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