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Make No Mistake, Ideanomics Is a 1-Trick Pony


Make No Mistake, Ideanomics Is a 1-Trick Pony
InvestorPlace
2/17/2021
© Source: Shutterstock
Depth of field shot of an electric vehicle being charged.
Ideanomics (NASDAQ:
IDEX) promotes itself as both a fintech company and an electric vehicle play. Both are popular investment ideas on Wall Street these days, but IDEX stock is only seeing revenue from one side of the coin right now.
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Depth of field shot of an electric vehicle being charged.
More than anything, Ideanomics’ best and most profitable ideas land squarely in the EV space.
IDEX stock is enjoying a solid 2021 so far, gaining more than 130% year-to-date, roughly 40% over the last month. It’s considered to be a penny stock, with a price just less than $5. ....

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"The Buzz" Show: Ideanomics (NASDAQ: IDEX) Surges Following Agreement with Meihao Chuxing


FinancialBuzz.com’s latest
The Buzz Show: Featuring Our Corporate News Recap on ““The Buzz” Show: Ideanomics Surges Following Agreement with Meihao Chuxing”
Ideanomics (NASDAQ: IDEX) shot up over 13% in premarket trading after announcing an agreement with Meihao Chuxing.
The Company will now buy an initial 2,000 electric ride-hailing vehicles from the joint venture between China’s BYD and Didi and Ideanomics expects deliveries to begin in the first half of next year.
Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. Our Mobile Energy Global (MEG) division is a service provider that facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under our innovative sales to financing to charging (S2F2C) business model. Ideanomics Capital is focused on disruptive fintec ....

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BYD & Didi Joint Venture Announces Major Deal For 2,000 Model BYD D1s – Its Ride-Hailing EV


BYD & Didi Joint Venture Announces Major Deal For 2,000 Model BYD D1s – Its Ride-Hailing EV
China’s Mobile Energy Global has signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The ride-hailing vehicles are intended for deployment in multiple cities within China, with deliveries expected to begin in H1 2021.
Launched in November 2020, model BYD D1 was jointly developed by BYD and Didi as the world’s first custom-built, all electric car for ride-hailing. Didi is deploying and promoting the ride-hailing service in a number of Chinese cities. Passengers can order the customised ride-sharing service via the Didi app. ....

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Ideanomics shares soar 17.6% premarket on news of order for 2,000 units of its BYD D1 electric ride-hailing vehicle

Ideanomics shares soar 17.6% premarket on news of order for 2,000 units of its BYD D1 electric ride-hailing vehicle
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MEG Announces Purchase Agreement for 2,000 Units of D1, BYD's Custom Electric Ride-hailing Vehicle


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NEW YORK, Dec. 28, 2020 /PRNewswire/  Ideanomics (NASDAQ: IDEX) ( Ideanomics or the Company ) announces that its Mobile Energy Global ( MEG ) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The ride-hailing vehicles are intended for deployment in multiple cities within China, with deliveries expected to begin in H1 2021.
BYD D1 is the world’s first custom-built, all-electric car specifically for ride-hailing with smart technology, safety, and comfort features for both drivers and passengers.
The D1 is a very thoughtfully designed ride-hailing EV and is a culmination of the latest design and technology to bring drivers and their customers an enjoyable travel experience. We are very pleased to work with Meihao Chuxing and BYD to promote the sales of the D1, said Alf Poor, Ideanomic ....

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