MEG - Ideanomics stock moves higher on MEG's December and Q4 sales activity
Mobile Energy Global (MEG), a division of Ideanomics (IDEX) +5.15% premarket, delivered a total of 439 units in December vs. 151 units in November.356 units delivered were for the taxi/ride-hailing business segment and the remaining 83 were for the rental car business segment.The company delivered total of 706 units in Q4, includes 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)).All units, invoiced during the period from July through December 2020, were delivered.
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Ideanomics stock moves higher on MEG's December and Q4 sales activity