US Hybrid, a wholly-owned subsidiary of Ideanomics (NASDAQ: IDEX) and a leader in advanced battery, fuel cell and hybrid electric vehicles, today announced the launch of near-zero-emission natural gas-powered parallel hybrid powertrain technology to be used for drayage and long-haul trucks. According to the update, the new technology is currently on display at the ACT Expo in Long Beach, California, in Ideanomics’ booth #1648. “We have reached another milestone on our path to accelerate the transition to commercial electrification,” said Macy Neshati, interim CEO of US Hybrid. “US Hybrid spends years perfecting our technology before it is brought to market. Our pathway to commercialization delivers a proven solution backed by data. Fleet customers can feel confident in the performance and reliability of US Hybrid’s new powertrain. Attendees at the ACT Expo will see, firsthand, end-user benefits: increased vehicle range, less fuel requirements, and the reduced total cost of ownership.”
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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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