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InvestorNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Appoints Agriculture and Construction Industry Veteran as CEO
July 1, 2021

InvestorNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Appoints Agriculture and Construction Industry Veteran as CEO

Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that its subsidiary, Solectrac, has named Mani Iyer as CEO. The appointment positions the company for manufacturing and distribution scale of its innovative electric tractors. A 28-year veteran of the agricultural and construction industries, Mani specializes in the farm tractor category and has served a wide variety of leadership positions in North America, South America and Asia. “As the world rapidly moves towards an electric-powered sustainable future, Solectrac is well-positioned for Mani to take the wheel and lead the team as they scale their operations and drive market share with truly inspiring product offerings,” said Alf Poor, CEO of Ideanomics. “Solectrac is the future of sustainable agriculture, and I am confident in his ability to manage the company through rapid growth and expansion in the coming months as the farming and utility operation sectors transition to cleaner and more efficient equipment alternatives.”

To view the full press release, visit https://ibn.fm/WVmnS

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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