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InvestorNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Subsidiary Enters Three New Dealer Partnerships

Ideanomics (NASDAQ: IDEX) has announced that its subsidiary Solectrac, which makes electric tractors, is expanding its dealer network by adding locations in Florida, Georgia and Idaho. The company has added Ocala Tractor LLC (Florida), Schow’s Inc. (Idaho) and Georgia Land Equipment (Georgia) to its certified dealer network; with these additions, Soletrac’s dealer network is spread across the United States, with plans for the network to continue to grow throughout this year as the company reports that a growing number of dealers are showing interest in its electric tractors, which offer a sustainable options for a wide range of farmers, from hobby farms to municipalities. Solectrac tractors use clean, renewable energy sources while providing the same productivity and performance as diesel-powered vehicles. “We are thrilled about our rapidly expanding dealer network and how we will be able to meet the demand for our tractors in additional key regions across the country,” said Solectrac CEO Mani Iyer in the press release. “We welcome Ocala Tractor, Schow’s and Georgia Land Equipment to the growing Solectrac family. Their support has bolstered our nationwide strategy to bring the benefits of zero-emission tractors with low maintenance to the market through trusted dealers. This puts us well on track to reach our 2022 sales goals.”

To view the full press release, visit https://ibn.fm/0Vsu3 

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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