According to the company, the July 2024 temporary delisting from the NASDAQ  and mounting regulatory pressures were key drivers behind its collapse. At the time of filing, Ideanomics reported liabilities of up to USD 500 million.

The project encompasses the deployment of several electric BYD yard tractors equipped with Wave wireless charging (inductive) technology set to be deployed at the customer's distribution centre in Salt Lake City in Q1 2024.

This will encompass its EV chargers (inductive and DC fast chargers), mobile chargers, related infrastructure and the management software for these charging solutions.

The company announced it has a 5-year exclusive contract for the North American distribution rights of the Mahle chargeBIG 18-36 AC EV charging infrastructure, with orders beginning in Q2 2023 and delivery by Q1 2024.

The company has announced Robin Mackie as the new Chief Operating Officer and Macy Neshati as the new Chief Commercial Officer, effective immediately.

CEO of VIA Motors, Bob Purcell, together with VIA’s management team have been retained to lead the company.

The consortium is to consist of Ideanomics subsidiary, U.S. Hybrid Corporation and A-1 Alternative Fuel Systems Inc, supported by funding from South Coast Air Quality Management District (South Coast AQMD) and SoCalGas.

Electrification technology company Ideanomics Inc of New York City, USA, has announced a strategic investment in Slovakian Bratislava-based battery start-up InoBat Auto.

Ideanomics has acquired a 100% ownership stake in the Orem, Utah-based electric vehicle manufacturer, whose product portfolio also includes proprietary software and control systems.

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.