Ideanomics launches a product design studio to create the next generation of high-performance electric mobility and charging solutions

NEW YORK, September 26, 2022 /PRNewswire/ — Ideanomics (Nasdaq:IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EVs), is strengthening its position as a leader in commercial electric vehicles and charging OEMs by establishing in-house design capabilities. Ideanomics Design will shape the future of commercial electric vehicle solutions across the industry and strengthen Ideanomics’ bottom line by embedding a more cost-effective, efficient and standardized design process across the organization.

This image is a graphic representation produced by Ideanomics Design for Solectrac. Ideanomics owns all rights to this image. Any use or modification of this image without the approval of Ideanomics is prohibited. Contact Ideanomics to request rights and permissions to use this image.

“Ideanomics Design is our soul. We now have a team of remarkable people with strong automotive and industrial design backgrounds who have, for the first time, brought Ideanomics’ vision of an all-electric future to life,” he said. poor alf, CEO of Ideanomics. “Our design philosophy focuses on customizable, modular and versatile solutions. For example, let’s turn bus stops into hubs where people can park and charge their Energica bikes, then hop on an electric bus powered by skateboard technology. THROUGH BEV fed by him WAVE wireless charging. This central hub can also use our advanced containerized cargo technology to generate and store energy to help power a city. »

Ideanomics recently unveiled its three mobility, energy and capital verticals, each responsible for managing the operational performance of the company’s vehicle and charging brands. Ideanomics Design is a catalyst for change and an integrator, working across verticals and brands to stimulate creative thinking as well as simplify and standardize the product design process.

For example, Ideanomics Design develops physical branding and styling along with energetic Y Solectrac on the design of the new range of Solectrac tractors. Essentially, combining the technology of the best electric motorcycle in the world with the style created by Ideanomics Design to make the new generation of Solectrac electric tractors even better. Ideanomics expects three new tractors to be introduced to the market in 2023, all created in accordance with Ideanomics’ new design philosophy.

“At every stage of the design process, we put the client’s needs first,” he said. Carlos Arroyo, lead designer for Ideanomics. “My team is committed to including each customer’s needs and wants in the design process and combining Ideanomics’ brands, technology and engineering expertise to create elegant product offerings that deliver the best possible customer experience and inspire. to the digital generation. »

Ideanomics Design also introduces an innovative modular design approach to increase efficiency and flexibility across different product categories. This will revolutionize the customer experience, allowing Ideanomics to provide low-cost automated manufacturing that allows customers to track and customize their products as they are built. Although primarily focused on in-house work, Ideanomics Design will also generate revenue by providing consulting services to third parties.

Ideanomics solves the complexity of fleet electrification by bringing together high-performance electric vehicles, charging infrastructure, and financing solutions under one roof. Through its three verticals, Mobility, Energy and Capital, the company offers turnkey commercial electrification solutions to its customers, wherever they are on their electrification journey.

About ideanomy

Ideanomics is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing vehicles, charging solutions and financing under one roof, we are the only partner needed to simplify the transition and operation of any electric vehicle fleet. To keep up to date with Ideanomics, follow the company on social media @ideanomicshq or visit https://ideanomics.com.

Forward Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. amended, including statements about the expected time frame for filing Form 10-K, the company’s ability to regain compliance with Nasdaq’s requirements for continued listing, and related matters. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions that involve known and unknown risks and uncertainties. All forward-looking statements contained in this document are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, without limitation, risks and uncertainties related to the inability of the Company to submit the form. 10-K regarding its expected timeline and other risk factors discussed from time to time in the Company’s filings with the SEC. These and other factors are identified and described in more detail in the Company’s filings with the SEC, including, but not limited to, the Company’s most recent Forms 10-K and 10-Q. The Company expressly disclaims any intention or obligation to update these forward-looking statements other than as required by law.

contacts:
Ideanomics, Inc.
tony sklarSenior Vice President of Investor Relations
1441 Broadway, suite 5116, New York, NY 10018
ir@ideanomics.com

Theodore Rolfvondenbaumen, Director of Communications
Trolfvondenbaumen@ideanomics.com