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If you buy 1m shares of $IDEX for $25,000 and it goes to $5.00 how much would that be?
What a gift. My average is under a dollar but im down 70%
I guess no one on this board knows how IDEX plans to address their low stock price and NASDAQ price and time requirement. I hold a fair amount but am sure that I won’t have that many shares in a few months. I would like to buy more but I don’t see a way around a RS. Any constructive comments on this would be appreciated.
I really think its going to a dime. It doesn’t show any signs of a bottom. LOL
$IDEX ANYTHING Under $1.00 is a GIFT
Electric Vehicle Market Opportunity Could Be $53 Trillion By 2050 With Net Zero Carbon Neutrality: Report
https://benzinga.com/news/22/06/27613940/electric-vehicle-market-opportunity-could-be-53-trillion-by-2050-with-net-zero-carbon-neutrality-new $IDEX
Why Wireless EV Charging Is The Future Of Tesla!
Posted Oct 2, 2022
After going through the companies website and other PRs, etc. I can find no information on how IDEX plans to stay listed on the NASDAQ with the share price being below $1 for so long. Is there any info out there that discusses what plans the company has to rectify this problem before delisting? I saw the Form 25 for the offense of not staying current with financials and that that was rectified with the filing last month.
This is why I chose ideanomics in the first place. Their multi pronged biz. They get a fee from charging, they get interest from loaning money to groups to buy fleets and they get money from the sale of WAVE, Energica, Solectrac and other projects and they are global.
https://www.ccjdigital.com/alternative-power/battery-electric/article/15296775/wireless-truck-charging-cheaper-and-safer-than-a-plug
No dilution here. If so. All the shares are already out in my opinoin;
Electric Vehicle Market Opportunity Could Be $53 Trillion By 2050 With Net Zero Carbon Neutrality: Report
https://benzinga.com/news/22/06/27613940/electric-vehicle-market-opportunity-could-be-53-trillion-by-2050-with-net-zero-carbon-neutrality-new $IDEX
Holy Commode, batman! Tens of millions of shares being flushed...this management team should be fired! Corrupt and inept...sleazy euro-trash stock.
Ideanomics September Newsletter https://mailchi.mp/ideanomics/ideanomics-september-newsletter
Manufacturer brings its electric tractors to central Pa.
By Daniel Urie | durie@pennlive.com
Sep. 29, 2022
https://www.pennlive.com/life/2022/09/manufacturer-brings-its-electric-tractors-to-central-pa.html
A company that manufactures electric tractors has announced its products are now available in the midstate,
California-based Solectrac, which now sells the electric tractors at 38 locations in 15 states, has partnered with PowerPro Equipment.
I wish!!! I’ve been here forever ... since $4 to $6 …. and it just keeps PLUMETTING BUD!!!
Why Inflation Has Likely Peaked
https://seekingalpha.com/article/4542305-why-inflation-has-likely-peaked $IDEX
Car-Charging Investment Soars, Driven by EV Growth and Government Funds. The industry has seen more than $4.8 billion in roll-out announcements, investment, debt financing and acquisitions already this year. https://www.bloomberg.com/news/articles/2022-08-16/car-charging-investment-soars-driven-by-ev-growth-and-government-funds $IDEX
$1.50 - $10+ Coming $IDEX Ideanomics
.15 to .20 coming… $IDEX
Keep posting, we should be at .25 soon, LOL
The Inflation Reduction Act signed by President Joe Biden Tuesday extends the existing $7,500 tax credit for EV vehicle purchases and eliminates a barrier under the old credit that phased out incentives for any automaker once it sold 200,000 electric vehicles. $IDEX
New US EV chargers will cover 75,000 miles of highway
https://electronics360.globalspec.com/article/18710/new-us-ev-chargers-will-cover-75-000-miles-of-highway $IDEX
All-electric car and truck sales by 2035 would save $2.7 trillion, but will take smart policy to drive clean
https://www.utilitydive.com/news/all-electric-car-and-truck-sales-by-2035-would-save-27-trillion-but-will/598606/ $IDEX
Elecric Motorcycles stock ( $IDEX ) Energica's largest single order to date and is valued at nearly $2 million. https://investors.ideanomics.com/2022-09-28-Ideanomics-subsidiary-Energica-to-provide-electric-motorcycles-for-the-upcoming-G20-Bali-summit
$IDEX Ideanomics' $IDEX subsidiary Energica to provide electric motorcycles for the upcoming G20 Bali summit https://investors.ideanomics.com/2022-09-28-Ideanomics-subsidiary-Energica-to-provide-electric-motorcycles-for-the-upcoming-G20-Bali-summit
$IDEX Ideanomics' $IDEX subsidiary Energica to provide electric motorcycles for the upcoming G20 Bali summit https://investors.ideanomics.com/2022-09-28-Ideanomics-subsidiary-Energica-to-provide-electric-motorcycles-for-the-upcoming-G20-Bali-summit
VIA Motors ( $IDEX ) Announced $170 million deal to sell 2,000 Class 3 Electric Chassis Cabs to Pegasus Specialty Vehicles
https://prnewswire.com/news-releases/via-motors-sells-2-000-class-3-electric-chassis-cabs-to-pegasus-specialty-vehicles-301634294.html
$IDEX has $88.82M in cash. $.31 cents Electric Vehicle stock
The more you post positive news the lower the price goes, LOL
Ideanomics' subsidiary Energica to provide electric motorcycles for the upcoming G20 Bali summit
Sept. 28, 2022
https://investors.ideanomics.com/2022-09-28-Ideanomics-subsidiary-Energica-to-provide-electric-motorcycles-for-the-upcoming-G20-Bali-summit
NEW YORK, Sept. 28, 2022 /PRNewswire/ -- Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announced that its subsidiary Energica will provide 88 EsseEsse9+ motorcycles for the upcoming G20 Summit in Bali, Indonesia. This is Energica's largest single order to date and is valued at nearly $2 million.
"When G20 delegates arrive in Bali, they will be welcomed and escorted by a security detail riding Energica bikes. That means their first experience will be seeing zero-emission, high-performance vehicles in action," says Livia Cevolini, Energica Motor Company CEO. "My hope is that this experience sticks with each delegate throughout the summit and in all discussions around climate change and transportation."
Ideanomics subsidiary Energica to deliver 88 EsseEsse9 motorcycles for G20 Summit
The Indonesian National Police (Poiri) will use the Energica motorcycles to escort all international government delegates attending the summit. Indonesia will become the first country in the Asia-Pacific region to operate an electric motorcycle fleet, demonstrating its climate leadership and progress on its commitment to put 2 million electric vehicles on the road by 2025.
Energica signed an agreement with UTOMOCORP, one of Indonesia's leading vehicle retail and distribution companies. The two companies expect to deliver the bikes to the Indonesian police force in early November.
"UTOMOCORP is proud to be able to provide the most advanced electric motorcycle for the Indonesian government as the vehicle used by the police force. Energica has been tested for quality and technology; it is in line with UTOMOCORP's commitment to bringing quality and leading products with today's developments. This is an initial stage and I hope that in the future we can supply more products, both for general and special needs," says UTOMOCORP CEO, Denny Utomo.
Together, Ideanomics and Energica have introduced the new Experia motorcycle, expanded Energica's global dealership network and production capacity, and launched the Energica Inside business unit to help more industries electrify faster.
"Since acquiring majority ownership of Energica in 2021, our goal has been to help grow their production and distribution capabilities," said Ideanomics Mobility president Robin Mackie. "Today, we are seeing the work we've done together pay off - Energica is the only company capable of meeting such a large order of high-quality, high-performance electric motorcycles."
Ideanomics is solving the complexity of fleet electrification by bringing together high-performance electric vehicles, charging infrastructure and financing solutions under one roof. The company views Energica as a flagship vehicle for the two-wheeler market and is committed to helping the company grow and develop new revenue streams. This includes enhancing Energica's presence in the ASEAN region by establishing Treeletrik as an after-sales support partner and strategic sales partner.
About Ideanomics
Ideanomics is a global group with a simple mission: accelerating the commercial adoption of electric vehicles. By bringing together vehicles, charging, and financing solutions under one roof, we are the one-stop partner needed to simplify the transition to and operation of any EV fleet. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com.
Contacts:
Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
ir@ideanomics.com
Theodore Rolfvondenbaumen, Communications Director
Trolfvondenbaumen@ideanomics.com
VIA Motors Sells 2,000 Class 3 Electric Chassis Cabs to Pegasus Specialty Vehicles
Deliveries of the all-wheel-drive, Class 3 VIA electric chassis cabs to Pegasus are scheduled to begin in 2024
https://investors.ideanomics.com/2022-09-27-VIA-Motors-Sells-2,000-Class-3-Electric-Chassis-Cabs-to-Pegasus-Specialty-Vehicles
NEW YORK, Sept. 27, 2022 /PRNewswire/ -- VIA Motors, a leading commercial electric vehicle manufacturer with proven advanced electric drive technology and sustainable mobility solutions for a wide variety of Class 2 – 5 electric commercial vehicles applications, today announced that it has received a purchase order for 2,000 Class 3 VIA electric cutaway chassis cabs from Pegasus Specialty Vehicles. Pegasus will leverage the flexibility of VIA's commercial products to build Type A school buses, electric shuttles, and paratransit buses. Pegasus has a dealership network throughout the United States, including Creative Bus Sales, the nation's largest bus dealership.
"VIA Motors is delighted to receive a significant order that will help accelerate electrification of school buses in the US and Canada. With our innovative commercial electric vehicles, we can provide an EV solution to not only the bus, shuttle, and transit segments, but also in many of the commercial segments," said Bob Purcell, CEO of VIA Motors. "As we work with Pegasus and leverage the reach of Creative Bus Sales, the potential to grow VIA's footprint in this segment is strong."
A Pegasus Bus on a VIA cutaway will feature all-wheel-drive, industry leading low floor height and turning radius. Gross Vehicle Weight rating (GVWR) of the units will range from 12,500 to 14,000 pounds. The electric motors will generate a continuous rated 400 horsepower and will be able to transport a payload of 7,000 to 8,200 pounds within a range of 180 miles.
"Our primary strategic objective is predicated upon bringing new, innovative, and unique bus solutions to the marketplace; and our Valkyrie model on the VIA chassis does just that," said Brian Barrington, president of Pegasus Bus Company. "Our advanced bodies, mounted on these reliable, fuel-efficient and customizable chassis will truly be a game-changer in the markets we're focused on."
Pegasus Specialty Vehicles has an agreement in place with Creative Bus Sales to support the sale and servicing of their vehicles. Creative's national dealership base consists of 23 dealers throughout the USA and Canada. This relationship allows VIA and Pegasus to leverage Creative's extensive service network and long-established expertise in the bus market. Pegasus' total dealer network consists of 56 dealer sales and service centers.
"We're very excited to take on the Pegasus product line and the timing couldn't be better," said Jason Hohalok, sales manager for Creative Bus Sales California. "Our customers are looking for new and better solutions, and the Pegasus Type A school buses, electric shuttle and paratransit bus bodies on the VIA Electric Chassis provides us with exactly that."
VIA Motors electric commercial trucks include Class 2 through Class 5 chassis cabs, cutaways, walk in vans, and platforms with electric drive technology to offer sustainable mobility solutions to commercial customers to help them achieve their electrification goals. VIA's purpose-built commercial vehicles can address commercial customers' needs in multiple applications and duty cycles. The VIA difference is to leverage a true OEM robust vehicle validation process to assure the company provides a truck that is dependable, that is durable and that delivers more than expected. We understand the most important thing to a commercial customer is the product and its ability to get the job done.
In the United States, there are more than 500,000 school buses on the road bringing roughly 25 million children to and from school. Together, these school buses represent one of the largest fleets in the country and primarily run on diesel fuel, emitting more than 5 million pounds of CO2 emissions and other toxic pollutants per year. Recently, the U.S. Environmental Protection Agency has made more than $500 million in funds available for school districts to purchase clean, quiet zero emission school buses.
ABOUT VIA MOTORS INTERNATIONAL, INC.
VIA is a leading electric commercial vehicle company with proven advanced electric drive technology, delivering sustainable mobility solutions for a more livable world. VIA designs, manufactures, and markets electric commercial vehicles, with superior life-cycle economics, for use across a broad cross-section of the global fleet customer base. VIA's vehicles are optimized for each fleet's needs, with intelligent software packages and fleet monitoring systems that are designed to reduce cost and improve operating efficiencies. VIA is a systems-driven company and strives to optimize the total fleet experience including energy, maintenance, uptime, route mapping and more, with reduced development time, improved quality, driving comfort, energy efficiency and connectivity. VIA Motors is in a pending transaction with Ideanomics, a global group with a simple mission, to accelerate commercial adoption of electric vehicles. https://www.viamotors.com
ABOUT PEGASUS
Pegasus Bus Company is spearheaded by industry-proven leadership, experienced as reputable expert innovators in the school transportation and manufacturing industries. Its management team brings a culture of creativity, flexibility, effectiveness, efficiency, and teamwork to producing competitively priced modern school and shuttle buses that address market needs that have been ignored by existing bus manufacturers. Located in West Central Ohio Pegasus is positioned to be able to service the entire U.S. and Canada from one location. The company provides buses for both school and transit bus industries. Pegasus Bus leadership is well recognized by bus dealers, school bus contractors, school district transportation operators, and decision-makers who have expressed dissatisfaction with current products that do not provide the features these buyers need and want. Learn more at www.ridepegasus.net
ABOUT CREATIVE BUS SALES
Creative Bus Sales offers dedicated sales, parts, and service departments to help you in all stages of bus ownership. As a family-owned business with experience in the transportation industry since 1980, it's no coincidence that Creative Bus Sales has grown to become the nation's largest bus dealership. In addition, its new and used buses undergo a bumper-to-bumper inspection to help protect customers' investments. Customers further benefit from the company's strong manufacturing partnerships, the largest in-stock inventory, and a nationwide team of experts. Learn more at www.creativebussales.com
WAVE is one of the reasons i purchased IDEX but currently carries no weight in this dumpster stock.
Stock will drop another 5% tomorrow lol
Ideanomics tests WAVE’s 500 kW wireless charger at Port of Los Angeles
Posted September 26, 2022 by Charles Morris & filed under Fleets and Infrastructure, Newswire, The Infrastructure.
Commercial EV specialist Ideanomics has successfully tested WAVE’s 500 kW wireless charging system at the Port of Los Angeles. In a test, WAVE’s system fully charged a Class 8 electric truck in less than 15 minutes. (Ideanomics acquired WAVE in 2021.)
Construction and charger installation at the Port of Los Angeles is underway, and Ideanomics expects the first 500 kW charger to enter service in 2023.
The project was supported by an $8.4-million DOE grant. The newly-passed Inflation Reduction Act (IRA) provides more than $75 billion in programs and tax credits to electrify commercial vehicles, and some of these programs are specifically aimed at heavy-duty vehicles operating at ports and warehouses.
Ideanomics calls wireless charging the ideal solution for any fleet operator with vehicles serving a fixed route. “In logistics, where minutes and seconds count, fully automated and unobtrusive high-power wireless charging keeps vehicles powered up during regularly scheduled stops,” says the company. It also “allows for smaller batteries and fewer chargers, resulting in reduced vehicle weight and costs.”
Ideanomics plans to offer EVs and charging through an “As a Service” model. An unnamed e-commerce company is partnering with Ideanomics to deploy wireless charging and EVs on a subscription basis for a flat monthly fee.
“We’re showing that today, right now, electric heavy-duty vehicles can operate 24/7, topping off their charge while the work is happening,” says Robin Mackie, Ideanomics Mobility President. “The benefits of this technology are crystal clear—fleet operators become more efficient by cutting out vehicle downtime otherwise spent filling up or plugging in at a central depot.”?
Related tweet
IDEX Design is one example of how we’re strengthening our position as a leading commercial electric vehicle and charging OEM by establishing in-house design capabilities. We’re excited to see what dreams our team brings to light. https://t.co/IFJXsYl3D7
— Ideanomics Inc. (@ideanomicshq) September 26, 2022
Ideanomics launches a product design studio to create a new generation of high-performance electric mobility and charging solutions
https://investors.ideanomics.com/2022-09-26-Ideanomics-launches-a-product-design-studio-to-create-a-new-generation-of-high-performance-electric-mobility-and-charging-solutions
NEW YORK, Sept. 26, 2022 /PRNewswire/ -- Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), is strengthening its position as a leading commercial electric vehicle and charging OEM by establishing in-house design capabilities. Ideanomics Design will shape the future of commercial EV solutions industrywide and strengthen Ideanomics' balance sheet by embedding a more cost-effective, efficient, and standardized design process across the organization.
"Ideanomics Design is our soul. We now have a team of remarkable people with strong automotive and industrial design experience who, for the first time, have brought to life Ideanomics' vision of an all-electric future," said Alf Poor, Ideanomics CEO. "Our design philosophy is about customizable, modular and multi-use solutions. For example, let's transform bus stops into hubs where people can park and charge their Energica bikes and then hop on an electric bus operating on VIA's BEV skateboard technology powered by WAVE wireless charging. That central hub can also use our advanced containerized charging technology to generate and store energy and help power a city."
Ideanomics Tractor graphical rendering
Ideanomics recently introduced its three verticals of Mobility, Energy and Capital, each accountable for managing the operational performance of the company's vehicle and charging brands. Ideanomics Design is a change catalyst and integrator, working across verticals and brands to spur creative thinking as well as simplify and standardize the product design process.
For example, Ideanomics Design is developing the physical branding and styling in collaboration with Energica and Solectrac on the design of Solectrac's new range of tractors. Essentially, combining the technology from the world's best electric motorcycle with the styling created by Ideanomics Design to make the new generation of Solectrac electric tractors even better. Ideanomics expects three new tractors to be introduced to the market in 2023 – all created under Ideanomics' new design philosophy.
"During every step of the design process, we are putting the customers' needs first," says Carlos Arroyo, chief designer at Ideanomics. "My team is committed to bringing the needs and wants of each customer into the design process and combining Ideanomics' brands, technology and engineering expertise to create elegant product offerings that provide the absolute best customer experience possible and inspire the digital generation."
Ideanomics Design is also introducing an innovative, modular design approach to increase efficiency and flexibility across different product categories. This will revolutionize the customer experience, enabling Ideanomics to deliver low-cost, automated manufacturing that allows customers to track and customize their products while they are being built. While primarily focused on in-house work, Ideanomics Design will also generate revenue by providing consulting services to third parties.
Ideanomics is solving the complexity of fleet electrification by bringing together high-performance electric vehicles, charging infrastructure and financing solutions under one roof. Through its three verticals, Mobility, Energy and Capital, the company provides turnkey commercial electrification solutions for customers, no matter where they are on their electrification journey.
About Ideanomics
Ideanomics is a global group with a simple mission: accelerating the commercial adoption of electric vehicles. By bringing together vehicles, charging and financing solutions under one roof, we are the one-stop partner needed to simplify the transition to and operation of any EV fleet. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com.
Contacts:
Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
ir@ideanomics.com
Theodore Rolfvondenbaumen, Communications Director
Trolfvondenbaumen@ideanomics.com
Wireless truck charging 'cheaper and safer' than plugging in
Tom Quimby, CCJ senior editor
Sep 15, 2022Updated Sep 23, 2022
https://www.ccjdigital.com/alternative-power/battery-electric/article/15296775/wireless-truck-charging-cheaper-and-safer-than-a-plug
It can be challenging enough for truck drivers making their way around busy lots, loading docks and port terminals. Throw in a bunch of charging stations, high voltage cables and people coming and going to plug in electric trucks and it stands to get even more complicated.
That’s where wireless charging advocates say charging pads installed flush at ground level can solve those problems and more. But that convenience comes with a higher upfront cost, including additional vehicle components needed for the transition to wireless charging.
Already in operation for electric buses, wireless (or inductive) charging is slowly making its way to Class 8 electric tractors where one of the top inductive charging proponents says the technology will cost less in the long run versus plugging in.
“Wireless charging is cheaper and safer to operate and is proven to work consistently in all types of weather conditions,” said Robin Mackie, president at Ideanomics, parent company of Wireless Advanced Vehicle Electrification (WAVE).
Mackie contends that wireless charging is more cost effective in part because “plug-in charging solutions require costly operation and maintenance. Excessive moving parts and exposure to inclement weather conditions can increase maintenance costs and downtime.”
WAVE has been using wireless charging since 2017 for electric buses and sees its technology as a great fit for Class 8. To help keep fleet costs in check, Ideanomics rolled out an ‘As-a-Service’ model.
“Under this subscription model, Ideanomics covers the up-front cost of installation and provides ongoing maintenance support,” Mackie said. “The fleet operator pays a monthly fee that is predictable and easier to manage. This is the future of fleet electrification.”
Zeem Solutions CEO Paul Gioupis, whose California-based company leases electric vans and trucks from Class 2b through Class 8, also thinks wireless charging is a good fit for tractor-trailers.
“We're in the middle of these use cases,” said Gioupis, whose EV lineup includes the Volvo VNR Electric. “We have these big tractors. They have to back into these big terminals and so what happens now is, ‘Where are you going to position a piece of [charging] hardware where they get a plug and plug in?”
EV charging hardware becomes more at risk as truck traffic picks up Gioupis said.
“What I like about wireless is it's buried,” Gioupis continued. “You're not going to hit a charger. You're not going to run over a charge port. You're not going to break a charge port. So from that perspective, it's great. So inductive charging has a big role to play there when it comes to Class 8 as well.”
Mackie said occupants can remain inside the vehicle while it's charging.
"Energy is being transferred via a magnetic field at a frequency that does not cause radiation concerns," Mackie explained. "People can walk near the charging pad. It is also safe to walk on the charging pad while it is not it use. The pad is only active during a charge session with an authorized wireless-equipped vehicle parked over it and actively communicating a request for charging."
When asked if there were any safety measures that needed to be taken, Mackie said, "Guidance is for operators to visually confirm pads are clear of metal debris before parking and charging. Over 6 years of charging and nearly 3GWh of energy transferred, we are proud to report continuously safe, incident-free operations."
Charging ahead in the face of challenges
Getting electricity to wirelessly charge a vehicle battery is fairly simple. InductEV Chief Innovation Officer Andy Daga explained in his company’s video that electricity is transmitted from a charging pad through resonant magnetic conduction to a receiver pad on a vehicle.
“If you have an alternating current (A/C) flowing through a conductor that conductor will generate a magnetic field,” Daga said in the roughly four-minute video that highlights an electric bus the company’s been wirelessly charging for over a year in Wenatchee, Washington.
A charging management module mounted near the charging pads on the bottom of the bus tackles the task of delivering the juice to the vehicle’s batteries.
John Kresse, director of advanced electrification technologies at Cummins, who is closely studying wireless charging for Cummins electric powertrains, said those components add weight and cost.
“For stationary wireless charging, the weight, space-claim/packaging and cost of the on-vehicle vehicle components (charging pads and AC-to-DC rectifier) are challenges and need to continue to be improved,” Kresse said.
Inductive charging proponents are also up against a lack standards, Kresse said, which could nix additional charging opportunities for trucks that attempt to power up with different brands of wireless chargers.
In addition to stationary wireless charging, Kresse pointed out that dynamic wireless charging is also an option for powering up EV batteries. Dynamic wireless charging uses charging pads installed in a road to charge a vehicle as it travels on its route. Though already in use in Europe, challenges for dynamic inductive charging are greater than stationary wireless.
“Challenges for taking dynamic wireless charging to production is a long list including cost effectiveness of the required infrastructure investment and demonstration of accurate, efficient wireless power transfer while the vehicles are running down the road,” Kresse said. “This technology needs a great deal of research, but there are at least several projects in the planning stage; in Sweden, a test roadway has been running for a couple years.”
Testing and more testing
Mackie’s vision for electric Class 8 trucks will be put to the test again as WAVE teams up with Kenworth, the U.S. Department of Energy and Utah State University to test charge pads in Seattle, Washington, and Portland, Oregon.
Ryan Reed, Kenworth director of research and development, explained that the megawatt chargers will go to work in the fourth quarter of 2023 charging an all-electric T680E Next Generation truck that will deliver a targeted range of at least 170 miles, or 20 additional miles than the current T680E. The truck, which will be equipped with a more advanced battery, will run a two-shift operation to and from Seattle and Portland with regional deliveries en route combined with local in-city deliveries to exceed 400 miles daily.
A typical DC fast charger is around 250kW, Reed explained, so this 1MW charger is about 4 times faster.
“With such a quick recharge we can take advantage of a two-shift operation, increasing productivity to be on par with a diesel truck,” Reed added.
Another advantage of wireless, Reed said, are cooler charging temperatures.
“At 1MW, a wired charger may be cumbersome and will require cooling for the amount of amperage required, whereas the wireless charging eliminates the driver interaction with the charger and the complexities with handling and cooling large cables,” Reed explained. “The wireless charger will have a 9-inch air gap that we expect to have approximately a 95% power transfer efficiency.”
Cummins is also exploring wireless charging for both electric busses and trucks.
“For production, Cummins supports integration of stationary wireless charging systems, made by other manufacturers, with the Cummins BEV transit bus powertrain system,” Kresse said. “For our Department of Energy stationary wireless charging project, we support wireless charging made by Wireless Advanced Vehicle Electrification (WAVE) on two Class 8 BEV prototype trucks.”
Cummins confirmed that this is a separate project from the one Kenworth will be participating in with WAVE.
No stranger to inductive charging, in 2019 Cummins announced a partnership with WAVE, Schneider Electric, Utah State University and Total Transportation Services “to develop, deploy and demonstrate a first of its kind 500kW ‘XMEG’ wireless charger to support battery electric drayage trucks” at the Port of Los Angeles.
Restructuring of China operations and new CFO are related. There’s risk that another shoe will drop in China
I’m optimistic about this company but I do think .25 is very likely and I will be a heavy buyer at that price
SN617, I think BottomBounce (BB) is saying that now is the time to buy shares, as BB expects the share price to rise to $5 in 2023. BB correct me if I am wrong.
Car-Charging Investment Soars, Driven by EV Growth and Government Funds. The industry has seen more than $4.8 billion in roll-out announcements, investment, debt financing and acquisitions already this year. https://www.bloomberg.com/news/articles/2022-08-16/car-charging-investment-soars-driven-by-ev-growth-and-government-funds $IDEX
$IDEX Ideanomics FY21 EPS $(0.57), Sales $114.08M
$IDEX buying at $5.00 in 2023
$IDEX Ideanomics and Global Environmental Products expand partnership to produce Zero-emission street sweepers
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PUBLICATION NOTICE
TO: ALL PERSONS WHO PURCHASED OR OTHERWISE ACQUIRED THE PUBLICLY TRADED COMMON STOCK OF IDEANOMICS, INC. ("IDEANOMICS") (NASDAQ: IDEX, WCST, SSC) LISTED ON THE NASDAQ OR DOMESTICALLY IN THE UNITED STATES BETWEEN FEBRUARY 1, 2017 AND NOVEMBER 13, 2018 AND WERE DAMAGED THEREBY ("CLASS").
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Southern District of New York, that Lead Plaintiff Jaysukh Rudani ("Lead Plaintiff"), on behalf of himself and each member of the Class, and defendants Ideanomics, Zheng Wu a/k/a Bruno Wu, Bing Yang, and Robert Benya, have reached a proposed settlement of the above-captioned action ("Action") in the amount of $5,000,000 that, if approved, will resolve the Action in its entirety (the "Settlement").
A hearing will be held on January 25, 2022 at 10:00 a.m./p.m., at the Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, NY 10007 in Courtroom 11A for the purpose of determining: (1) whether the proposed Settlement as set forth in the Stipulation of Settlement dated July 30, 2021 ("Stipulation") of the Action is fair, reasonable, and adequate; (2) whether a Judgment should be entered by the Court dismissing the Action with prejudice; (3) whether the Plan of Allocation for distribution of the settlement funds available for distribution is fair, reasonable, and adequate and should be approved; and (4) whether the application of Lead Counsel for the payment of attorneys' fees in the amount of 33.33% of the Settlement Fund, and reimbursement of Lead Counsel's expenses up to $40,000, should be approved."
IA is looking at gobbling the biggest piece of the IDEX Pie!...
IA committed to buy, From time to time IA will be adding a whopping $150Million dollar worth of IDEX!.
Already bought:
IA II PN Ltd just bought 12.5M Shares @$2.213 and few days earlier same IA II PN Ltd bought another 13.3M shares @$2.613 together 25.83M shares for total Sales of $35M
Here is the News Link: https://www.otcmarkets.com/filing/html?id=14532953&guid=zWUqUnO0tQNjb3h
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