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Jack-of-All-Trends Ideanomics Is No Place to Invest Your Money

Jack-of-All-Trends Ideanomics Is No Place to Invest Your Money
InvestorPlace
2/12/2021
Thomas Niel
© Source: Wright Studio / Shutterstock.com
A hand lingers over a bright blue tech wheel that says fintech.
Electric vehicles (EVs) and fintech are some of the hottest sectors out there. So, it’s no shock that
Ideanomics (NASDAQ:
IDEX), which dabbles in both fast-growing areas, has become a popular name to trade among retail investors. Looking beyond the hype, though, there’s little on the table to justify the IDEX stock valuation of $4.75 per share.
© Provided by InvestorPlace
A hand lingers over a bright blue tech wheel that says fintech. ....

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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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