NetworkNewsBreaks – Ideanomics (NASDAQ: IDEX) Announces Strong May Vehicle Sales at MEG Center
Ideanomics (NASDAQ: IDEX) on Tuesday announced that auto dealers operating in its subsidiary, Mobile Energy Global's (“MEG”) expo center in Qingdao, have sold 2,139 vehicles for a total value of RMB 235 Million or USD 33 Million. According to the update, the MEG Center in Qingdao began operations on May 1 and based on the level of sales activity in the first week of June, this month's sales are expected to exceed May levels. "The region loosened restrictions on business activities in early May, so we are very pleased with the Center's high levels of activity at this early stage.…







