Solectrac, an electric tractor manufacturer and an operating company of Ideanomics (NASDAQ: IDEX), today announced its move into a new Windsor, California-based 36,000-square-foot facility in a move to expand manufacturing and assembly capacity. According to the update, Solectrac has engaged the services of a leading, global automotive consultancy to design and implement a compliant and scalable manufacturing operation. Currently operational, the new facility is expected to run at full capacity by June 2022. “With the global agriculture market continuing its transition to electrification, we are pleased to expand our facilities so we can continue to scale up our operations, delivering best-in-class electric tractors to hobby farmers, vintners, rural lifestylers, commercial farmers and multi-acreage landowners,” said Solectrac CEO Mani Iyer. “Since Solectrac joined the Ideanomics family, the company has hired leading industry agriculture veterans to drive growth and to meet customer demands.”
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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, Ideanomics provides the solutions needed for the commercial world to commit to an EV future. For more information about the company, visit www.Ideanomics.com.
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