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NetworkNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Synergistic Divisions to Fuel Growth of Energica Motor Company

Company: Ideanomics Inc. (IDEX)
Category: News

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, today announced it will leverage its uniquely synergistic divisions to further support partner Energica Motor Company S.p.A. and its subsidiaries (“Energica”). Energica is a leading manufacturer and distributor of ultra-high-performance electric motorcycles. According to the update, the two Ideanomics Capital and Ideanomics Mobility divisions will team up to roll out a new dealer floor plan financing arrangement with the goal of more than doubling Energica dealers in the United States by the end of 2021. “American consumers are ingrained in the dealer culture, and they have to be able to see, touch, feel and ride these beautiful machines to make a purchase decision. We are proud to enable a much more prominent and accessible dealer footprint for Energica and expect this to be a critical step to scale and grow our revenue in 2022 and beyond,” said Kristen Helsel, chief revenue officer of Ideanomics. “More importantly, this dealer financing marks the first of many activities where we will leverage the strength of Ideanomics Capital to drive EV sales growth on the Mobility side of the business.”

To view the full press release, visit https://nnw.fm/h3Gbg

About Ideanomics Inc.

Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. The Ideanomics Mobility division is a service provider that facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under an innovative sales-to-financing-to-charging (“S2F2C”) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital provide global customers and partners with leading technologies and services designed to improve transparency, efficiency and accountability, and offer shareholders the opportunity to participate in high-potential growth industries. For more information, visit www.Ideanomics.com.

NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://nnw.fm/IDEX

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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