Ideanomics (NASDAQ: IDEX), a company driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, was featured in a Yahoo! Finance article. The piece, by Al Root, senior writer at Barron’s, is titled “Ford Is Buying an EV Charging Firm. The Electric Grid Is the Next Big Thing.” It covers Ford Motor Company’s (NYSE: F) announcement of its seemingly innocuous acquisition that may eventually have a large impact on the industry. “In coming years, auto makers and providers of electric-vehicle infrastructure—from charging companies to utilities—will start talking about ‘grid-edge’ technology,” the article reads. “The impact on the power grid caused by the coming flood of EVs must be managed. Grid-edge technology can be as simple as a shipping container full of batteries to provide power to an EV charging station.”
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About Ideanomics Inc.
Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. The Ideanomics Mobility division is a service provider that facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under an innovative sales to financing to charging (“S2F2C”) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital provide global customers and partners with leading technologies and services designed to improve transparency, efficiency and accountability, and shareholders with the opportunity to participate in high-potential, growth industries. For more information, visit www.Ideanomics.com.
NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX
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