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Ideanomics Inc IDEXQ

Ideanomics, Inc. operates in one segment with two business units, Ideanomics Mobility and Ideanomics Capital. Ideanomics Mobility operates as an end-to-end solutions provider for the procurement, financing, charging and energy management needs for fleet operators of commercial electric vehicles (EVs). Ideanomics Capital is the Company's fintech business unit. Its principal product or services consists of WAVE Charging, VIA Motors, Energica, and Solectrac. WAVE Charging is a provider of high-power inductive (wireless) charging solutions for medium and heavy-duty EVs. The WAVE system automatically charges vehicles during scheduled stops without the cable-based systems. VIA Motors is a commercial electric vehicle company with advanced electric drive technology, delivering sustainable mobility solutions. VIA designs and markets commercial electric vehicles and technology. Energica is an electric motorcycle company. Solectrac is an assembler and distributor of electric powered tractors.


GREY:IDEXQ - Post by User

Bullboard Posts
Post by STOCKRUSon May 25, 2020 1:08am
98 Views
Post# 31067680

Tesla Sales Took 30% of China EV Market

Tesla Sales Took 30% of China EV MarketTesla's decision to open a factory in China is quickly proving to be a good one.

The Silicon Valley automaker delivered 10,160 electric cars in China in March, its highest-ever monthly total in the world's largest new-car market, according to the China Passenger Car Association (CPCA) trade group.

Those sales represented 30% of China's electric-car market, according to the CPCA, which uses a different counting method than Tesla's own delivery figures, according to CNBC.

The CPCS data showed that Tesla sold around 3,900 cars in February and 2,620 in January.

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