Ideanomics to acquire US Hybrid Corporation
By Jim Gibbins - 1st May 2021
USA – Ideanomics Inc, a financial technology company headquartered in New York City, with offices in Beijing, Guangzhou, and Qingdao, China, has signed a definitive agreement to acquire 100% of privately held US Hybrid Corporation of Torrance, California.
The acquisition of US Hybrid brings Ideanomics the application of US-built technology, for use in its own vehicles, and significantly extends the company’s capabilities in zero-emission transportation. US Hybrid will continue to service its existing customer base, and Ideanomics will assist in scaling their business operations within the Ideanomics Mobility business division. US Hybrid operates from locations in California, Connecticut, and Massachusetts.
