NetworkNewsBreaks – Ideanomics (NASDAQ: IDEX) Subsidiary Expands Tractor Reservation Capability
Ideanomics (NASDAQ: IDEX) has noted that a portfolio company, Solectrac Inc., has announced a new reservation campaign for its all-electric tractors. With demand for Solectrac's all-electric tractors markedly increasing, the company designed a process whereby customers can pay as little as $1,000 to reserve their place in the production line. Solectrac is the first manufacturer and distributor of quiet, zero-emission electric tractors in North America. The company has a long-term goal to reduce carbon output in farming and utility work. Based on the response to its tractors, it has ramped up manufacturing capabilities to meet demand. The tractors that Solectrac…







