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Nasdaq: IDEX- Ideanomics Inc.

Discussion in 'Penny Stocks' started by Auri, Mar 2, 2020.

  1. darwin

    darwin New Member

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    IDEX is already up for about 56% in 2021. They close a deal to acquire Wireless Advanced Vehicle Electrification, a provider of inductive charging solutions for medium- and heavy-duty electric vehicle.

    It's a high-risk stock, but looking at the EV market, it will only grow in the coming years.


    https://zyne.com/stock/IDEX
     
  2. Auri

    Auri Well-Known Member

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    Thanks Darwin good points

    Fyi,

    NEWS - Ideanomics Completes the Acquisition of Cash Flow Positive Timios Holdings Corp.


    NEW YORK, Jan. 11, 2021 -- Ideanomics (NASDAQ: IDEX) announced that it has completed its previously announced acquisition of privately held Timios Holdings Corp. ("Timios"), a nationwide title and settlement solutions provider.


    CEO Raymond B. Davison and President Joseph Montag will continue to lead Timios, and the company will retain its current leadership, personnel, branding, and culture and operate as an entity within the Ideanomics Capital division.


    Timios currently has 285 employees and operations in 44 states, and has booked over $60 million in YTD revenues, including over $8 million in October 2020.


    Timios combines difficult to obtain licenses, a knowledgeable and experienced team, and a scalable solutions platform to deliver best-in-class service through both centralized processing and a localized branch network. Timios has introduced significant product and service level improvements, becoming an innovator in the real estate title and escrow services industries - markets poised for technology disruption. Ideanomics will assist Timios in scaling its business in various ways, including referring client acquisition and product innovation.



    November 12, 2020 News Link - https://investors.ideanomics.com/20...ive-Agreement-to-Acquire-Timios-Holdings-Corp


    https://www.timios.com/


    https://ideanomics.com/
     
  3. Auri

    Auri Well-Known Member

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    GM debuts all-electric van in battle to capture 'last mile' e-commerce deliveries

    FedEx has already placed "a large order" for the electric trucks, after a test showed they resulted in a 25 percent increase in productivity, GM said.

    Demand is growing for all-electric models, according to Alf Poor, CEO of Ideanomics. (Nasdaq-IDEX)

    That adoption is expected to happen rather rapidly, Poor and other experts believe. One reason is the pressure fleet operators are facing under new regulations. California, for example, has laid out a plan for phasing out the use of internal combustion power in all trucking segments over the coming decade.

    But there’s another motivating factor. Until recently, electric drive technology was considered too expensive or limited in range, but upgrades have made it much more appealing. Despite a higher up-front price tag, operating costs are a fraction of conventional vehicles, said Poor, so electric trucks “just make sense because there’s almost an immediate return on investment.”

    https://www.nbcnews.com/business/au...ctric-van-battle-capture-last-mile-e-n1253883
     
  4. Auri

    Auri Well-Known Member

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    EV Trucks Medici Motors Works 2021


     
  5. Auri

    Auri Well-Known Member

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    IDEX Chart.png

    $IDEX - Prepares to Launch Medici Motor Works in North America, Sponsorship in NACFE

    NACFE sponsors represent a broad range of EV-related stakeholders from manufacturers, OEMs, fleet operators, energy companies, utilities, government and non-government agencies.

    NEW YORK, -- Ideanomics (NASDAQ: IDEX) announced its sponsorship in the North American Council for Freight Efficiency (NACFE). As Ideanomics prepares to launch its heavy truck and specialty electric vehicle unit, Medici Motor Works, in North America in 2021, it was imperative that the Company work with stakeholders and advocacy groups to understand the opportunities unique to the region.
    NACFE is an unbiased, non-profit, organization that works with major stakeholders across North America's freight industry. It works with fleet operators, manufacturers, shippers, software providers, governments, associations, etc., and its mission is to double freight efficiency and progress towards zero-emissions. NACFE conducts studies and uses data analysis to drive the development and adoption of efficiency-enhancing, environmentally beneficial, and cost-effective technologies, services, and methodologies.

    "NACFE takes a holistic approach to electric vehicle (EV) adoption and brings together important and influential companies in the freight industry," said Ideanomics CEO Alf Poor. "Our participation in NACFE will enable us to better understand the North American market at both a local and national level and, with this knowledge, improve the development and growth of our businesses in the EV space, which includes our MEG division, Medici Motor Works, and WAVE."
     
  6. Auri

    Auri Well-Known Member

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  7. Auri

    Auri Well-Known Member

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  8. Auri

    Auri Well-Known Member

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  9. Auri

    Auri Well-Known Member

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    $IDEX Ideanomics Mobility Division - The Multi-Billion Dollar Global Commercial EV Opportunity

     
  10. Auri

    Auri Well-Known Member

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  11. johnnyboy

    johnnyboy New Member

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    The EV Revolution Continues in 2021

    $IDEX Ideanomics Mobility Division - The Multi-Billion Dollar Global Commercial EV Opportunity

     

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