Ideanomics invests in InoBat
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By Will Hall - 3rd January 2022
USA / Slovakia – Electrification technology company Ideanomics Inc¹ of New York City, USA, has announced a strategic investment in Slovakian Bratislava-based battery start-up InoBat Auto. The unspecified investment will support InoBat’s R&D centre and pilot battery plant in Voderady, Slovakia.
In conjunction with the investment, Ideanomics and InoBat will also collaborate to develop, produce, and distribute integrated battery pack solutions for the US market. The collaboration is intended to accelerate Ideanomics subsidiaries' growth and deliver revenue opportunities targeting other EV fleet customers in the US.
