- The acquisition of 20% of Energica Motor Company S.p.A. compliments majority-owned Treeletrik’s business in the ASEAN market and continued investment in European-based OEM
- CALSTART will assist in growing Ideanomics’ wholly-owned subsidiaries – enhancing national and global programs
- Ideanomics Mobility is a part of a global commercial EV market expected to surpass $132 billion by 2022
Ideanomics (NASDAQ: IDEX), a global company that is facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, recently announced that it had acquired 20% of Energica Motor Company S.p.A. (“Energica”) for a consideration of $13.2 million. Energica develops 100% battery-powered motorbikes.
The acquisition enables Ideanomics to expand its EV footprint globally and compliments Treeletrik’s business in the ASEAN market, while marking continued investment in European-based OEM. One of the five companies included in the Ideanomics Mobility division, Treeletrik is a majority owned Ideanomics investment that services the…
NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS 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. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)
For more information, please visit https://www.GreenCarStocks.com
Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer
Green Car Stocks
San Francisco, California
www.GreenCarStocks.com
415.949.5050 Office
[email protected]
Green Car Stocks is part of the InvestorBrandNetwork.