Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy delivery, today announced that it will exhibit at the 2021 APTA TRANSform Conference & EXPO. According to the update, the company’s subsidiary, WAVE, a market-leading high-power inductive charging solution provider for medium- and heavy-duty vehicles, will showcase its technology at the event. “Historically, battery range limitations have posed a significant challenge for public transportation agencies and fleet operators alike,” said Aaron Gillmore, CEO of WAVE. “We’re excited to highlight for APTA attendees how WAVE is eliminating the range concerns that challenge the transit industry. WAVE is providing simple hands-free, wireless electric vehicle charging systems for transit agencies, so they do not need to worry nor carry excessive amounts of batteries as they make the transition to electric. We can help transit agencies meet their zero-emission goals by overcoming many of the charging barriers of plug-in and overhead charging technologies, while lowering the total cost of the fleet’s maintenance and operations.”
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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 offer shareholders 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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