- New York-based Ideanomics redefined its operations last year to synergistically create a global ecosystem focused on the growing potential of the electric vehicle market
- Ideanomics expects its developing revenue stream to largely depend on a Sales to Financing to Charging (S2F2C) business model based on vehicle and battery sales, financing and insurance services, and EV battery charging and related energy services
- Forecasts anticipate more than a million global commercial EV sales by 2023 and growth in the global EV charging infrastructure market at a CAGR of 33.4 percent from 2021 to 2028
Global commercial electric vehicle company Ideanomics (NASDAQ: IDEX) is driving next generation solutions to energy consumption. Through its Ideanomics Mobility division — the company has evolved into a synergistic ecosystem of subsidiaries and investments in the electric vehicle (“EV”) industry.
We have a unique view across what we believe is the (‘EV’) value chain because we have operations in China, South Asia, in Malaysia, in Europe and in North America, and we have interesting subsidiaries and operations and investments in everything in the value chain from charging systems through the two-wheelers and three-wheelers, buses, trucks and even EV tractors on the agricultural side as well,” Ideanomics CEO Alf Poor said during a…
NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX
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