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“The EV Revolution”

"The global electric vehicle market at $39.8 billion in 2018 is projected to reach $1.5 trillion by 2025. Units sales are anticipated to reach 97 million vehicles worldwide by 2025." - Wintergreen Research Inc.

US Election and the EV Industry

A team of Bloomberg New Energy Finance analysts, led by Aleksandra O’Donovan, shared some of their thoughts in a report that was published last week. “A Biden win, coupled with Democrats taking control of the Senate, has the potential to shift the trajectory of electric vehicle adoption for years while reversing some of the damage inflicted by the current administration.” Source: https://cleantechnica.com/

"To encourage EV adoption, the Biden campaign set four key targets: building 500,000 public EV charging stations by 2030, restoring the full EV tax credit, shifting government fleets to electric cars, and developing a new fuel economy target." Source https://www.investors.com/

Ideanomics Inc.

Reports $10M in Revenues in Q3

Revenues $10.6 million, an increase of 230% compared to Q2 2020 and 340% compared to Q3 2019

Strong cash position, finished the quarter with $27.6 million

Q3 revenues were supported by strong growth in the Taxi and Ridesharing segment

Strategic Investment into California e-tractor company, Solectrac, which services agricultural and specialty vehicle market

"We reported our third consecutive quarter of MEG revenue growth, and our pipeline gives us confidence that we can maintain this momentum through our product and service offerings and global footprint," said Alf Poor, CEO of Ideanomics. "The MEG division in China, Treeletrik in Malaysia, and Medici Motor Works and Solectrac in the U.S. are all progressing towards our objectives for the remainder of 2020, and into 2021 and beyond. Strong growth in our taxi and ridesharing business is continuing and we are beginning to bring other revenues online in Q4, including activity in the bus segment of our business."

https://investors.ideanomics.com/2020-11-09-Ideanomics-Inc-Reports-Q3-2020-Financial-Results

Institutional and Fund Ownership - BlackRock, Vanguard, State Street, Charles Schwab, Barclay's, Fidelity

Symbol: Nasdaq - IDEX

About Ideanomics

Ideanomics a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products. Our 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; we refer to this business model as sales to financing to charging (S2F2C). Ideanomics Capital provides fintech services that include intelligent and innovative solutions powered by AI and blockchain. Together, MEG and Ideanomics Capital provide our global customers and partners with more efficient solutions for a greener economy.

The company is headquartered in New York, NY, with offices in Beijing, Guangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.

An American Company with a Global Footprint

https://ideanomics.com/divisions/mobile-energy-global/

To learn more please visit www.ideanomics.com

<blockquote data-quote="Userman" data-source="post: 1100344" data-attributes="member: 60009">
“The EV Revolution”
 
&quot;The global electric vehicle market at $39.8 billion in 2018 is projected to reach $1.5 trillion by 2025. Units sales are anticipated to reach 97 million vehicles worldwide by 2025.&quot; -&nbsp; Wintergreen Research Inc.&nbsp;US Election and the EV Industry&nbsp;&nbsp;A team of Bloomberg New Energy Finance analysts, led by Aleksandra O’Donovan, shared some of their thoughts in a report that was published last week. “A Biden win, coupled with Democrats taking control of the Senate, has the potential to shift the trajectory of electric vehicle adoption for years while reversing some of the damage inflicted by the current administration.”&nbsp; Source: <a href="https://cleantechnica.com/" target="_blank">https://cleantechnica.com/</a>&nbsp;&nbsp;&quot;To encourage EV adoption, the Biden campaign set four key targets: building 500,000 public EV charging stations by 2030, restoring the full EV tax credit, shifting government fleets to electric cars, and developing a new fuel economy target.&quot;&nbsp; Source <a href="https://www.investors.com/" target="_blank">https://www.investors.com/</a>Ideanomics Inc. Reports $10M in Revenues in Q3 &nbsp;Revenues $10.6 million, an increase of 230% compared to Q2 2020 and 340% compared to Q3 2019&nbsp;Strong cash position, finished the quarter with $27.6 million&nbsp;Q3 revenues were supported by strong growth in the Taxi and Ridesharing segment&nbsp;Strategic Investment into California e-tractor company, Solectrac, which services agricultural and specialty vehicle market&quot;We reported our third consecutive quarter of MEG revenue growth, and our pipeline gives us confidence that we can maintain this momentum through our product and service offerings and global footprint,&quot; said Alf Poor, CEO of Ideanomics. &quot;The MEG division in China, Treeletrik in Malaysia, and Medici Motor Works and Solectrac in the U.S. are all progressing towards our objectives for the remainder of 2020, and into 2021 and beyond. Strong growth in our taxi and ridesharing business is continuing and we are beginning to bring other revenues online in Q4, including activity in the bus segment of our business.&quot;<a href="https://investors.ideanomics.com/2020-11-09-Ideanomics-Inc-Reports-Q3-2020-Financial-Results" target="_blank">https://investors.ideanomics.com/2020-11-09-Ideanomics-Inc-Reports-Q3-2020-Financial-Results</a>Institutional and Fund Ownership&nbsp; - BlackRock, Vanguard, State Street, Charles Schwab, Barclay&#039;s, FidelitySymbol: Nasdaq - IDEXAbout Ideanomics &nbsp;Ideanomics a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products. Our 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; we refer to this business model as sales to financing to charging (S2F2C). Ideanomics Capital provides fintech services that include intelligent and innovative solutions powered by AI and blockchain. Together, MEG and Ideanomics Capital provide our global customers and partners with more efficient solutions for a greener economy.The company is headquartered in New York, NY, with offices in Beijing, Guangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.&nbsp;&nbsp;An American Company with a Global Footprint<a href="https://ideanomics.com/divisions/mobile-energy-global/" target="_blank">https://ideanomics.com/divisions/mobile-energy-global/</a>To learn more please visit <a href="http://www.ideanomics.com/" target="_blank">www.ideanomics.com</a></blockquote>

[QUOTE="Userman, post: 1100344, member: 60009"] [CENTER] [B]“The EV Revolution”[/B] [I]"The global electric vehicle market at $39.8 billion in 2018 is projected to reach $1.5 trillion by 2025. Units sales are anticipated to reach 97 million vehicles worldwide by 2025." [/I]- Wintergreen Research Inc.[/CENTER] [B]US Election and the EV Industry[/B] [I]A team of Bloomberg New Energy Finance analysts, led by Aleksandra O’Donovan, shared some of their thoughts in a report that was published last week. “A Biden win, coupled with Democrats taking control of the Senate, has the potential to shift the trajectory of electric vehicle adoption for years while reversing some of the damage inflicted by the current administration.” Source: [URL]https://cleantechnica.com/[/URL][/I] [I]"To encourage EV adoption, the Biden campaign set four key targets: building 500,000 public EV charging stations by 2030, restoring the full EV tax credit, shifting government fleets to electric cars, and developing a new fuel economy target." Source [URL]https://www.investors.com/[/URL][/I] [B]Ideanomics Inc. [/B] Reports $10M in Revenues in Q3 [B]Revenues $10.6 million, an increase of 230% compared to Q2 2020 and 340% compared to Q3 2019 Strong cash position, finished the quarter with $27.6 million Q3 revenues were supported by strong growth in the Taxi and Ridesharing segment Strategic Investment into California e-tractor company, Solectrac, which services agricultural and specialty vehicle market[/B] "We reported our third consecutive quarter of MEG revenue growth, and our pipeline gives us confidence that we can maintain this momentum through our product and service offerings and global footprint," said Alf Poor, CEO of Ideanomics. "The MEG division in China, Treeletrik in Malaysia, and Medici Motor Works and Solectrac in the U.S. are all progressing towards our objectives for the remainder of 2020, and into 2021 and beyond. Strong growth in our taxi and ridesharing business is continuing and we are beginning to bring other revenues online in Q4, including activity in the bus segment of our business." [B][URL]https://investors.ideanomics.com/2020-11-09-Ideanomics-Inc-Reports-Q3-2020-Financial-Results[/URL] Institutional and Fund Ownership[/B] - BlackRock, Vanguard, State Street, Charles Schwab, Barclay's, Fidelity [B]Symbol: Nasdaq - IDEX About Ideanomics [/B] [B]Ideanomics [/B]a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products. Our 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; we refer to this business model as sales to financing to charging (S2F2C). Ideanomics Capital provides fintech services that include intelligent and innovative solutions powered by AI and blockchain. Together, MEG and Ideanomics Capital provide our global customers and partners with more efficient solutions for a greener economy. The company is headquartered in New York, NY, with offices in Beijing, Guangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia. [B]An American Company with a Global Footprint[/B] [URL]https://ideanomics.com/divisions/mobile-energy-global/[/URL] To learn more please visit [URL='http://www.ideanomics.com/']www.ideanomics.com[/URL] [/QUOTE]

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