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InvestorNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Partners with German Company to Offer Advanced chargeBIG Solution to NA Market

Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (“EV”), has formed a strategic partnership with German-based MAHLE. According to the agreement between the two companies, Ideanomics will become the development partner and exclusive North American distributor for the MAHLE’s chargeBIG 18-36 AC fleet charging solution for five years; the platform will be available for customers to order under the Ideanomics Energy brand starting in the second quarter of this year, with initial orders anticipated to be fulfilled early next year. According to the announcement, the partnership is designed to optimize the system for North American commercial fleets including UL certification. “This is an exciting addition to Ideanomics Energy ‘s lineup of turnkey charging solutions, which includes AC depot charging, DC high power charging, wireless charging and mobile charging,” said Ideanomics Energy senior VP Jan Freimann in the press release. “What sets the chargeBIG 18-36 AC charging product apart is its fantastic load management software and modular architecture that can charge up to 36 vehicles from one system that is about the size of a fridge. It’s a scalable, cost-efficient charging solution for almost any in- and outdoor application — depot charging, warehouses, parking lots and more.”

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

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 is a one-stop partner needed to simplify the transition to and operation of any EV fleet. For more information about the company, please 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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