NetworkNewsBreaks – Ideanomics’ (NASDAQ: IDEX) MEG Secures Order for 200 Electric Vehicles

June 23, 2020 12:03:16

Ideanomics (NASDAQ: IDEX) on Monday announced that its subsidiary Mobile Energy Global (“MEG”) has secured an order from the city of Neijiang in Sichuan Province. According to the update, the order is for a total of 200 electric vehicles (“EVs”) valued at RMB 24 Million, or USD 3.2 Million, or approximately USD 16,000 per vehicle. The order will be fulfilled with Dongfeng Liuzhou S50EV models and delivery of the vehicles to Neijiang City is expected to be completed mid-July, subject to final negotiations with manufacturers, financing, government licensing, etc.

To view the full press release, visit http://nnw.fm/oo9Jj

About Ideanomics

Ideanomics is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and Fintech products. Its electric vehicle division, Mobile Energy Global (“MEG”) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity as well as financing and charging solutions. Ideanomics Capital includes DBOT ATS and Intelligenta which provide innovative financial services solutions powered by AI and blockchain. MEG and Ideanomics Capital provide global customers and partners with better efficiencies and technologies and greater access to global markets.

The company is headquartered in New York, NY, and has offices in Beijing and Qingdao, China.

For more information, visit www.Ideanomics.com.

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.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

NetworkNewsWire is part of the InvestorBrandNetwork.