IDEX - Ideanomics Inc.

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  1. Auri

    Auri Well-Known Member

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    Ideanomics, Inc. focuses on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and Fintech products. Its Mobile Energy Global division provides financial services and incentives for commercial fleet operators, including group purchasing discounts and battery buy-back programs. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides financial services solutions. This division is involved in the areas of capital markets, such as financial products advisory and creation, with specific focus on the application of blockchain and artificial intelligence in financial technology. This division also operates EKAR, an exchange traded fund that tracks the Innovation Labs Next Generation Vehicles Index, which comprises of global stocks that have exposure to the theme of electric and self driving/autonomous vehicles. The company was founded in 2004 and is headquartered in New York, New York with office in Beijing, China.
     
  2. Auri

    Auri Well-Known Member

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  3. Auri

    Auri Well-Known Member

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    Auri Well-Known Member

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    The shares are trading at bargain levels imo and the company has successfully restructured.

    A large short position ( 4.5 Million Shares ) should provide upside fuel to any rebound.

    These shares have formed a solid base at current levels and I anticipate an upward retracement .

    Resistance exists at the $0.82 and $1.14 levels almost a triple from current levels.
     
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    Auri Well-Known Member

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    $IDEX Chairman Dr. Bruno Wu Leads the Global Partnership Against Coronavirus Alliance (GPACA) to Procure Medical Supplies and Protective Medical Gear for U.S. Hospital

    NEW YORK, March 19, 2020 /-- Sun Seven Stars -- The Global Partnership Against Coronavirus Alliance (GPACA), a newly formed humanitarian organization, announced today that through its Chairman Bruno Wu's Seven Stars Medical group it is able to accelerate procurement and delivery of over 30 different types of supplies and equipment including PPE (Personal Protective Equipment), and critical supplies of digital thermometers, N95 masks, gloves, facial protection, ventilators, testing kits and other critical medical supplies to assist U.S. hospitals in the battle to contain COVID-19.


    https://investors.ideanomics.com/20...s_blNsoETyTJk9U0eYak6CdjO2_VVUVKR_NVbJIvOpPQM

    Coronavirus_MGN_CDC.jpg
     
  12. Auri

    Auri Well-Known Member

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    Auri Well-Known Member

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    Auri Well-Known Member

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    IDEX Trades Up & Chart Looking Bullish


    IDEX Chart March 26.png
     
  16. Auri

    Auri Well-Known Member

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    Ideanomics' Announces Pilot Program to Monetize EV Energy Sales


    The pilot is based in the city of Nanjing, China and will focus on the interoperability of three critical components in EV energy consumption: payment systems, charging stations, and energy supply chains

    Pilot will serve as a blueprint for its energy sales platform in other major cities throughout China


    NEW YORK, April 7, 2020 Ideanomics, (NASDAQ: IDEX) announced that Mobile Energy Group 's energy sales unit has deployed a pilot platform in Nanjing, China which will focus on streamlining the operational aspects of EV energy sales and consumption and will serve as a blueprint to a broader roll-out in both Nanjing, and across other major cities in China.


    The Mobile Energy Group energy sales pilot will focus on the convergence of payment systems, charging stations, and energy supply chains. The pilot will demonstrate a payment solution which will integrate gas, LNG, and electricity sales into a single secure platform payment interface with China Union Pay, the largest card payment organization (debit and credit cards combined) in the world. This new solution will deliver advanced payment features such as facial recognition and other contactless payment technologies. The platform is expected to launch by July 1.


    Additionally, the pilot will demonstrate supercharging stations, provided by CATL into PetroChina gas stations in Nanjing, as previously announced. MEG and PetroChina have explored various charging technologies and, along with CATL, expect to begin converting gas pumps to EV superchargers as soon as Q4 of this year.

    https://investors.ideanomics.com/20...ces-Pilot-Program-to-Monetize-EV-Energy-Sales



    EV Charging Stations.jpg
     

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