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Ideanomics, Inc. Reports Q3 2020 Financial Results - Revenues for the three months ended September 30, 2020, was $10.6 million, an increase of 2.3x compared to Q2 2020 and 3.4x compared to Q3 2019 - Strong cash position, finished the quarter with $27.6 million - Q3 reven...
Record global electric car sales for Sept. 2020, up 91% YoY, with 4.9% market share (3.4% YTD). Europe sales surged 166% YoY reaching 12% share, China sales rise 66% YoY. EV market news - New Jersey follows California in banning gas car sales by 2035. China sets sights on global EV do...
BNEF predicts that by 2040 EV sales will rise to nearly 60% of the global auto market. That is quite a difference compared to 2010, when annual sales were close to zero. With consumer becoming more aware and conscious, along with favorable market forces that are gaining momentum, EVs are qu...
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2020) - (NASDAQ: IDEX), a global company focused on monetizing the adoption of commercial electric vehicles and associated energy consumption, has acquired 15% of Northern California-based Solectrac Inc for $1.3 million. Founded ...
Shares of Ideanomics (NASDAQ: IDEX) have jumped today, up by 12% as of 3:30 p.m. EDT, after the company said it invested in electric-tractor maker Solectrac. Ideanomics also scheduled its third-quarter earnings release. Ideanomics has acquired a 15% stake in Solectrac for $1.3 m...
IDEX works with its S2F2C model to bridge together fleet operators, EV manufacturers and lease financing companies to facilitate commercial EV adoption. Revenues are still small, but growth in deliveries has been strong and future prospects look promising. Chinese government deadl...
On Wednesday, Tesla (NASDAQ: TSLA) continued its meteoric rise as it delivered its fifth straight quarterly profit. Tesla has also set a revenue record, triggered by a boost in vehicle deliveries as well as sales of pollution credits to other automakers. Key Q3 figures Revenue rose ...
Is IDEX Stock Worth The Risk Above These 3 Penny Stocks Right Now? When it comes to penny stocks to buy, hype can play a huge role. Obviously, if you’ve been trading stocks under $5 this year, you’re likely familiar with some of the “cult-like” following ...
Ideanomics (IDEX) acquires a 15% stake in e-Tractor company Solectrac for a consideration of $1.3M.Solectrac develops, assembles and distributes 100% battery-powered electric tractors—an alternative to diesel tractors—for agriculture and utility operations.This investment m...
Ideanomics Invests in California-based e-Tractor Company, Solectrac - Ideanomics acquires a 15% stake in e-Tractor company Solectrac, whose mission is to offer farmers independence from the pollution, infrastructure, and price volatility associated with fossil fuels - Accord...
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New York, April 26, 2024 (GLOBE NEWSWIRE) -- NEW YORK, NY April 26, 2024 / Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") today announced that on April 22, 2024, the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stoc...
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