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InvestorNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Energica Achieves Significant Increases in Global Unit Sales, Revenues, Presale Orders

Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (“EV”), today announced that its subsidiary Energica Motor Company, a leading brand of electric motorcycles and system integration for EVs, has reviewed 2022 turnover estimates showing an approximate 52% increase in unit sales and 67% increase in motorcycle revenues compared to the same period of 2021. The company also reported a substantial increase in presale orders across the product range, especially for the new Experia sport-tourer. “Thanks to the significant investments and strategy made together with Ideanomics, I am proud to confirm that Energica’s 2022 performance shows we are becoming established as a leader in the EV market,” said Livia Cevolini, CEO of Energica Motor Company. “Our success is ultimately a reflection of our customers’ belief that Energica makes the best electric motorcycles on the market. I am incredibly proud and honored by the great feedback Energica received in the first half of the year, especially with the launch of the Experia. With Experia, Energica is rewriting the rules of two-wheeled electric mobility.”

To view the full press release, visit https://ibn.fm/q0oti

About Ideanomics Inc.

Ideanomics is a global group with a simple mission: accelerating the commercial adoption of electric vehicles. By bringing together vehicles, charging and financing solutions under one roof, Ideanomics is the one-stop partner needed to simplify the transition to and operation of any EV fleet. For more information about the company, 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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