Ideanomics Inc (IDEX)

Overview

Ideanomics, Inc. operates on a global scale, striving to spearhead the zero-emission mobility revolution for commercial vehicle markets in key regions including Asia, Europe, and the United States. Central to its mission, Ideanomics capitalizes on its Ideanomics Mobility and Ideanomics Capital business units to drive the adoption of electric vehicles (EVs) and enhance financial services efficiency. Established in 2004 with its headquarters in New York, New York, the company is committed to fostering sustainable transportation solutions and financial services advancements through its comprehensive offerings.

Products and Services

• Ideanomics Mobility

  This unit focuses on accelerating the commercial adoption of electric vehicles by fleet operators. It offers an all-encompassing suite of solutions encompassing procurement, financing, charging, and energy management for the fleet operators of commercial EVs. Additionally, it delivers zero-emission mobility solutions such as commercial electric vans, trucks, buses, electric tractors, and two-wheeled transportation. This is bolstered by energy services and infrastructure provisions for the EV market that include charging systems, energy storage, and generation (with hydrogen and solar options), alongside data and management applications. Products within this unit also feature high-power inductive charging solutions for medium and heavy-duty EVs, electric powered tractors, electric and hybrid electric propulsion kits, electric motorcycles, EV bikes, scooters, and batteries under the Treeletrik brand, and electric commercial vehicles in tandem with retrofitting services for diesel-powered specialty vehicles.

• Ideanomics Capital

  Under the umbrella of Ideanomics Capital, the company extends financing services designed to augment efficiency, transparency, and profitability within the financial services sector. This includes a variety of solutions tailored to real estate transactions, which cover title and escrow services, residential and commercial title insurance, and closing and settlement services alongside specialized offerings for the mortgage industry. Furthermore, Ideanomics operates as a Financial Industry Regulatory Authority-registered broker dealer, managing a platform that concentrates on private equity and debt offerings. This strategic unit underscores Ideanomics' commitment to integrating financial technologies into the broader narrative of EV adoption and sustainable mobility.