Ideanomics, Inc. (IDEX)

Global company focused on facilitating the adoption of electric vehicles and renewable energy solutions.

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Ideanomics, Inc. operates through two distinct business units, each targeting different sectors of the mobility and financial services industries. The Ideanomics Mobility business unit focuses on advancing zero emission solutions within the commercial vehicle markets across Asia and the United States. This unit supports the adoption of electric vehicles (EVs) by providing comprehensive solutions for fleet operators, including procurement, financing, charging infrastructure, and energy management. It offers a range of commercial EVs such as vans, trucks, buses, and electric tractors, complemented by energy services like charging systems, energy storage solutions, and renewable energy generation options such as hydrogen and solar. The business also includes the provision of data and management applications to optimize fleet operations.

Ideanomics Mobility extends its reach with offerings in high-power inductive charging solutions tailored for medium and heavy-duty EVs. The unit further diversifies its portfolio through the manufacturing and distribution of electric-powered tractors, hydrogen fuel cells, and power electronics designed for electric, hydrogen, and hybrid vehicles. Additionally, it engages in the sale of electric motorcycles and supports the FIM Enel MotoE World Cup, along with distributing EV bikes, scooters, and batteries under the Treeletrik brand.

The Ideanomics Capital business unit complements the company's mobility efforts by focusing on fintech services aimed at enhancing efficiency, transparency, and profitability within the financial services industry. This unit offers solutions for real estate transactions, including title and escrow services, residential and commercial title insurance, and closing and settlement services. It operates as a Financial Industry Regulatory Authority (FINRA)-registered broker-dealer and manages a funding platform that facilitates capital raising activities across various sectors.

Founded in 2004 and headquartered in New York, New York, Ideanomics, Inc. continues to expand its presence and influence in both the mobility and financial technology sectors. The company's innovative approach aims to drive sustainable solutions in transportation while leveraging technological advancements to streamline financial processes and support economic growth.

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