Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, has finalized its majority ownership stake on Energica Motor Company S.p.A, an Italian manufacturer and distributor of high-performance, 100% battery-powered electric motorcycles. The company also announced that it is hosting an Analyst and Investor Day on April 11, 2022, at the NASDAQ MarketSite in New York City; the event, titled “EVolving the Road Ahead,” will also include an EV product showcase. The investor day event will allow Ideanomics to discuss the acquisition along with an overview of the high-growth two-wheel market and benefits the company anticipates that Energica will bring. “Since we first announced our intention to acquire Energica last September, the company has continued to see growth and expansion across the U.S.,” said Ideanomics executive chair Shane McMahon in the press release. “By furthering our investment in Energica, we are expanding Ideanomics’ offerings in the mobility sector at a time when electric two-wheelers are taking over the market in a truly exciting manner. As we’ve seen with Energica’s game-changing growth plan including a growing dealer network in the U.S., there is proven demand for the product which will continue to capture more of market share in the months and years to come.”
To view the full press release, visit https://ibn.fm/wZtrf
About Ideanomics Inc.
Ideanomics is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation and financial services, the company provides the completeness of solutions needed for the commercial world to commit to an EV future. For more information about the company, please visit www.Ideanomics.com.
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