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InvestorNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces Manufacturing of New Round of Zero-Emission Street Sweepers
March 9, 2023

InvestorNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces Manufacturing of New Round of Zero-Emission Street Sweepers

Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, announced that manufacturing has started on 18 zero-emission street sweepers that feature US Hybrid’s electric and hybrid electric propulsion kits. US Hybrid is an Ideanomics’ subsidiary. According to the announcement, the street sweepers are being made by California-based Global Environmental Products (“GEP”), which will deliver the sweepers to the California Department of Transportation (Caltrans) in the coming weeks. The company noted that GEP is also manufacturing additional zero-emission sweepers for other customers. US Hybrid and GEP formed a partnership in 2022 when the two companies began collaborating to develop 62 zero-emission street sweepers. Currently, GEP is producing zero-emission sweepers for New York City, the city of South San Francisco, Washington, DC, and Helena, Montana. US Hybrid manufactures its electric and hybrid electric propulsion kits in Torrance, California, and GEP manufactures all its sweepers in California. “Together, US Hybrid and GEP are taking action to help cities transition some of the biggest, hardest to decarbonize specialty vehicles — like street sweepers — to zero emission,” said Ideanomics chief commercial officer Macy Neshati in the press release. “We are doing this work right here in California, supporting a new generation of green jobs and developing cutting-edge zero-emission technology.”

To view the full press release, visit

About Ideanomics Inc.

Ideanomics is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles, charging and financing solutions under one roof, the company has become the one-stop partner needed to simplify the transition to and operation of any EV fleet.  For more information about the company, please visit

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

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