Ideanomics Launches Product Design Studio to Create Next Generation of High-Performance Electric Mobility and Charging Solutions

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NEW YORK, September 26, 2022 /PRNewswire/ — ideonomic (Nasdaq:IDEX), a global company focused on accelerating commercial adoption of electric vehicles (EVs), is strengthening its position as a leading commercial electric vehicle and charging OEM by establishing in-house design capabilities. Ideanomics Design will shape the future of commercial electric vehicle solutions industry-wide and strengthen Ideanomics’ balance sheet by embedding a more cost-effective, efficient and standardized design process across the organization.

“Ideanomics Design is our soul. We now have a team of remarkable people with a strong background in automotive and industrial design who, for the first time, have brought Ideanomics’ vision of an all-electric future to life,” said Alf Poor, CEO of Ideanomics. “Our design philosophy is about customizable, modular and versatile solutions. For example, let’s turn bus stops into hubs where people can park and charge their Energica bikes, then hop on an electric bus running on VIA’s BEV skateboard technology powered by wireless WAVE. This central hub can also use our advanced containerized charging technology to generate and store energy and help power a city. »

Ideanomics recently introduced its three verticals of mobility, energy and capital, each responsible for managing the operational performance of the company’s vehicle and charging brands. Ideanomics Design is a catalyst for change and an integrator, working across verticals and brands to stimulate creative thinking as well as simplify and standardize the product design process.

For example, Ideanomics Design is developing the physical branding and styling in conjunction with Energica and Solectrac on the design of Solectrac’s new line of tractors. Essentially, combining the technology of the best electric motorcycle in the world with the style created by Ideanomics Design to make the new generation of Solectrac electric tractors even better. Ideanomics expects three new tractors to be introduced to the market in 2023, all created according to Ideanomics’ new design philosophy.

“At every stage of the design process, we put customer needs first,” says Carlos Arroyo, chief designer at Ideanomics. “My team is committed to bringing each customer’s needs and wants into the design process and combining Ideanomics’ brands, technology and engineering expertise to create elegant product offerings that deliver the best experience. possible customer and inspire the digital generation.”

Ideanomics Design also introduces an innovative modular design approach to increase efficiency and flexibility across different product categories. This will revolutionize the customer experience, allowing Ideanomics to provide low-cost automated manufacturing that allows customers to track and customize their products as they are built. Although primarily focused on internal work, Ideanomics Design will also generate revenue by providing consultancy services to third parties.

Ideanomics solves the complexity of fleet electrification by bringing together high-performance electric vehicles, charging infrastructure and financing solutions under one roof. Across its three verticals, Mobility, Energy and Capital, the company provides turnkey commercial electrification solutions to its customers, wherever they are on their electrification journey.

About Ideonomics

Ideanomics is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles, charging and financing solutions under one roof, we are the single partner needed to simplify the transition to and operation of any electric vehicle fleet. To keep up to date with Ideanomics, please follow the company on social media @ideanomicshq or visit https://ideanomics.com.

Safe Harbor Statement

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. , as amended, including statements regarding the expected timeline for filing Form 10-K, the company’s ability to regain compliance with Nasdaq’s requirements for continued listing and related matters. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes”, “expects” or similar expressions that involve known and unknown risks and uncertainties. All forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, but not limited to, risks and uncertainties related to the Company’s inability to file Form 10-K on its expected timeline and other risk factors discussed from time to time in the Company’s filings with the SEC. These and other factors are identified and described in more detail in the Company’s filings with the SEC, including, without limitation, the Company’s most recent Forms 10-K and 10-Q. The Company expressly disclaims any intention or obligation to update these forward-looking statements other than as required by law.

contacts:
Ideanomics, Inc.
Tony SklerSenior Vice President of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
[email protected]

Théodore Rolfvondenbaumen, Communications Director
[email protected]

SOURCE Ideonomy

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