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InvestorNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Subsidiary Inks PeterBilt Deal for Green-Charging Solutions

Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, has signed an agreement with Peterbilt in Coast Counties to deploy and operate energy and charging solutions at four truck dealerships in California. The agreement is designed to support Peterbilt’s transition to electric fleet vehicles and includes providing renewable energy generation, energy storage systems and DC fast-charging infrastructureFulfillment of the agreement will be provided by Ideanomics Energy, a new IDEX division, that provides energy-management software, charging and energy solutions, and a full suite of services from initial design to operations and maintenance. The contract was facilitated by GridMarket, which selected Ideanomics as an implementation partner because of the company’s ability to provide an optimal mix of solutions with reliable ROIs as well as its successful track record of charging infrastructure installations. “It is important to install reliable infrastructure that fits to the specific strategy and needs of individual fleet customers,” said Ideanomics vice president of energy Jan Freimann in the press release. “We don’t believe in one-size-fits-all. Instead, we deploy custom-tailored solutions to minimize costs, increase reliability and limit uncertainty for customers like Coast Counties Peterbilt. Thanks to GridMarket, our team has the opportunity now to support Coast Counties Peterbilt’s transition to electrification and a greener future.”

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

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 solutions needed for the commercial world to commit to an EV future. 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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