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$IDEX Reports Strong Full-year EV Sales Growth
• Ideanomics (NASDAQ: IDEX) reports full-year 2020 earnings results with $26.8M in overall revenue and $19.5M in EV revenue, up more than 600% on the prior year.
• The 2020 revenue includes the company's first sales of charging and battery systems. IDEX expects charging system revenues to grow as the WAVE inductive charging business acquired in January starts showing up in financials this quarter.
• "We are very pleased with the transformation that took place this past year," says CEO Alf Poor. "Despite a year highlighted by COVID-19, we were able to build the groundwork for 2021 and beyond for Ideanomics and we are excited for what the future holds with our recent activity across the EV ecosystem and developments in EV charging infrastructure."
Ideanomics Company Video March 2021
Ideanomics Video March 2021
Good video from the CEO 2021 appears to be off with a good start
EV stocks generally are doing well and if your interested in one that's under $5 .....
YOU may want to check out
$IDEX Ideanomics Reports $26.8M in Revenues and EV Sales Growth for 2020
#stocks #investing
https://www.besthotstocks.com/ideanomics-reports-26-8m-in-revenues-and-ev-sales-growth-for-2020/
Yes and with $330M cash in bank one can expect more investments and acquisitions in 2021
Reporting More in Growth for 2020
https://www.besthotstocks.com/ideanomics-reports-26-8m-in-revenues-and-ev-sales-growth-for-2020/
Reporting More in Growth for 2020
https://www.besthotstocks.com/ideanomics-reports-26-8m-in-revenues-and-ev-sales-growth-for-2020/
Reported $26.8M in Revenues and EV Sales Growth for 2020
https://www.besthotstocks.com/ideanomics-reports-26-8m-in-revenues-and-ev-sales-growth-for-2020/
Reported $26.8M in Revenues and EV Sales Growth for 2020
https://www.besthotstocks.com/ideanomics-reports-26-8m-in-revenues-and-ev-sales-growth-for-2020/
$IDEX Ideanomics Reports $26.8M in Revenues and EV Sales Growth for 2020
#stocks #investing
https://www.besthotstocks.com/ideanomics-reports-26-8m-in-revenues-and-ev-sales-growth-for-2020/
$IDEX Ideanomics Reports $26.8M in Revenues and EV Sales Growth for 2020
#stocks #investing
https://www.besthotstocks.com/ideanomics-reports-26-8m-in-revenues-and-ev-sales-growth-for-2020/
IDEX doing well and should have very good 2021
what do you think $10 in 2021 or higher ?
$IDEX Ideanomics partner Treelectric's first e Scooters arrive in the USA
https://www.besthotstocks.com/treelectrics-first-e-scooters-arrive-in-the-usa/
e Scooters arrive in the USA
https://www.besthotstocks.com/treelectrics-first-e-scooters-arrive-in-the-usa/
Treelectric's first e Scooters arrive in the USA
https://www.besthotstocks.com/treelectrics-first-e-scooters-arrive-in-the-usa/
Yes IDEX looks good there's more to come in 2021.
NEW YORK, March 31, 2021 -- Ideanomics (NASDAQ: IDEX) has reported the arrival of 2 e-Bikes the T-70 and T-90 from its EV manufacturing partner Treeletrik Sdn Bhd. of Malaysia.
These are the first set of e-bikes with more to come for the North American market.
Treeletrik is a licensed EV manufacturer and distributor focused on the high-growth ASEAN markets.
Treeletrik manufactures for all electric powered vehicles in Malaysia, with extensive relationships in both the public and private sector including exclusive supplier agreements with the Malaysian government, Malaysian Police, and regional operators for up to 60,000 EV buses and 100 Million EV bikes and mopeds into ASEAN countries, as part of an estimated $6-7 Billion USD equivalent of Malaysian and ASEAN market.
Treeletrik shareholders include the Royal Family of Malaysia, and other prominent Malaysian business leaders including Dato' Thor Chin Keong, Yap Min Foh, Dato' Majid Manjit Bin Abdullah, Shariful Kamal Bin Shaharuddin, Chan Hau Kong, and Ms Mizoguchi AI.
Treeletrik electric bikes are 100% eco-bikes which are cleaner, safer, more advanced, affordable and with minimal maintenance.
There is an ESG initiative tree planting program in place based on the number Treeletrik units sold.
The company has a Battery-as-a-Service program being deployed in Thailand for 2-wheelers, and will expand the pilot program to other countries.
A North America marketing program is planned to start in 2021.
Ideanomics owns 51% in the holding companies of Treeletrik.
Features & Highlights
ELECTRIC POWERED INNOVATION
Easily managed direct drive system
Customizable ECU
Portable Recharging Station
Spare Battery Options
Zero CO2 Emissions
TROUBLE-FREE AND EASY MAINTENANCE
No Oils
No Chains
No Needless Maintenance
No Petrol
No Hassle
About Treeletrik
Treeletrik is the first company to bring a true electric bike to Malaysia, pioneering a new way of mobility. Its 100% eco-bikes are cleaner, safer, more advanced and affordable with minimal maintenance, delivering long-term cost savings while improving the quality of life and the environment. The Treeletrik team comprises the best in various fields including engineering, quality assurance, product & industrial design, marketing, and line assembly. With our strategic partners in the field of EV, we attract talent from the leading universities in the Asia region, enabling us to continue to lead the way in electric vehicle design and build.
https://www.treeletrik.com/
Treelectric's first e scooters have arrived in the USA.
Welcome to America, Treelectric T-70 & T-90! U.S. will be one of the fastest growing markets for electric mopeds in the next 5 years. Let's charge these up! #EV pic.twitter.com/er9fNHbAcA
— Ideanomics Inc. (@ideanomicshq) March 30, 2021
$IDEX partner Treelectric's first e scooters have arrived in the USA
Welcome to America, Treelectric T-70 & T-90! U.S. will be one of the fastest growing markets for electric mopeds in the next 5 years. Let's charge these up! #EV pic.twitter.com/er9fNHbAcA
— Ideanomics Inc. (@ideanomicshq) March 30, 2021
$IDEX partner Treelectric's first e scooters have arrived in the USA
Welcome to America, Treelectric T-70 & T-90! U.S. will be one of the fastest growing markets for electric mopeds in the next 5 years. Let's charge these up! #EV pic.twitter.com/er9fNHbAcA
— Ideanomics Inc. (@ideanomicshq) March 30, 2021
Targets Global Markets Providing Shareholders with High-Growth Opportunities
https://www.besthotstocks.com/ideanomics-targets-global-markets-providing-shareholders-with-high-growth-opportunities/
Targets Global Markets Providing Shareholders with High-Growth Opportunities
https://www.besthotstocks.com/ideanomics-targets-global-markets-providing-shareholders-with-high-growth-opportunities/
Targets Global Markets Providing Shareholders with High-Growth Opportunities
https://www.besthotstocks.com/ideanomics-targets-global-markets-providing-shareholders-with-high-growth-opportunities/
Commercial Truck Electrification is Within Reach
New cost and performance analysis by Berkeley Lab argues that policies are needed to spur widespread adoption of electric long-haul trucks
https://newscenter.lbl.gov/2021/03/16/commercial-truck-electrification-is-within-reach/
Commercial Truck Electrification is Within Reach
New cost and performance analysis by Berkeley Lab argues that policies are needed to spur widespread adoption of electric long-haul trucks
https://newscenter.lbl.gov/2021/03/16/commercial-truck-electrification-is-within-reach/
A global company founded in 2004 and headquartered in New York, and currently spans operations in United States, China, Ukraine, and Malaysia. After raising $400 million in the past few months, the company is looking for high-growth avenues and disruptive opportunities in its two divisions: Mobility and Capital.
Ideanomics an EV focused Fintech Stock
Electric vehicle sector full of long-term opportunities - Wedbush
Wedbush Securities sees an opportunity for long-term investors in the electric vehicle sector.
Analyst Dan Ives: "While the stocks and the EV space is clearly going through a painful digestion period, we view this as a short-term pullback in a multi-year upward rally. The EV investing landscape is bigger than just the auto makers as over the coming years the Street will have an enormous ecosystem of EV battery players (QS among others), green driven EV recycle pure plays (Li-Cycle), and super charger infrastructure vendors driving this transformational market still in the early days of playing out... We forecast the EV market represents a $5 trillion TAM over the next decade with many EV OEMs/supply chain players poised to be major winners over the coming years.
Ives and team also believe stalwarts General Motors (NYSE:GM) and Tesla (NASDAQ:TSLA) will importantly see a restoration of federal EV tax credits under new legislation coming out of the Biden Administration. They think that one of the core underpinnings of the Biden platform will be around pushing clean energy and zero-emissions vehicles with hopes of accelerating the deployment of electric vehicles and ~500k public charging outlets by 2030.
Earlier this month, Volkswagen's big EV commitment lifted the EV sector.
Electric vehicle sector full of long-term opportunities - Wedbush
Wedbush Securities sees an opportunity for long-term investors in the electric vehicle sector.
Analyst Dan Ives: "While the stocks and the EV space is clearly going through a painful digestion period, we view this as a short-term pullback in a multi-year upward rally. The EV investing landscape is bigger than just the auto makers as over the coming years the Street will have an enormous ecosystem of EV battery players (QS among others), green driven EV recycle pure plays (Li-Cycle), and super charger infrastructure vendors driving this transformational market still in the early days of playing out... We forecast the EV market represents a $5 trillion TAM over the next decade with many EV OEMs/supply chain players poised to be major winners over the coming years.
Ives and team also believe stalwarts General Motors (NYSE:GM) and Tesla (NASDAQ:TSLA) will importantly see a restoration of federal EV tax credits under new legislation coming out of the Biden Administration. They think that one of the core underpinnings of the Biden platform will be around pushing clean energy and zero-emissions vehicles with hopes of accelerating the deployment of electric vehicles and ~500k public charging outlets by 2030.
Earlier this month, Volkswagen's big EV commitment lifted the EV sector.
Ideanomics (IDEX) stock forecast for 2021-2025: is the EV-focused fintech firm a buy now?
“Fitch believes IDEX's results will begin to recover in 2021, with sales growth of 7-8 per cent and some margin expansion, and that there is upside to IDEX's margins over time from operating leverage and as the company closely manages its expenses.”
The share price of the commercial electric vehicle (EV) and fintech firm Ideanomics (IDEX) climbed by 152 per cent in 2020, and jumped by another 178 per cent in the first few weeks of 2021. However, it has since slipped back to trade at $3.08 at the time of writing, March 22.
So, is now a good time to buy the stock ahead of further gains, or is there potential for the price to fall further?
Ideanomics operates two divisions: Ideanomics Mobility, which is focused on the adoption of commercial EVs through group purchasing discounts as well as financing and charging, and Ideanomics Capital, which provides fintech solutions for the financial services industry. Both EVs and fintech are high-growth markets that are attractive to investors and have seen heightened volatility of late as clean energy and technology stocks have fallen since the start of the year.
In this IDEX stock analysis, we look at the recent developments driving the share price and IDEX stock predictions for this year and beyond.
https://capital.com/ideanomics-idex-stock-forecast-2021-2025
Ideanomics (IDEX) stock forecast for 2021-2025: is the EV-focused fintech firm a buy now?
“Fitch believes IDEX's results will begin to recover in 2021, with sales growth of 7-8 per cent and some margin expansion, and that there is upside to IDEX's margins over time from operating leverage and as the company closely manages its expenses.”
The share price of the commercial electric vehicle (EV) and fintech firm Ideanomics (IDEX) climbed by 152 per cent in 2020, and jumped by another 178 per cent in the first few weeks of 2021. However, it has since slipped back to trade at $3.08 at the time of writing, March 22.
So, is now a good time to buy the stock ahead of further gains, or is there potential for the price to fall further?
Ideanomics operates two divisions: Ideanomics Mobility, which is focused on the adoption of commercial EVs through group purchasing discounts as well as financing and charging, and Ideanomics Capital, which provides fintech solutions for the financial services industry. Both EVs and fintech are high-growth markets that are attractive to investors and have seen heightened volatility of late as clean energy and technology stocks have fallen since the start of the year.
In this IDEX stock analysis, we look at the recent developments driving the share price and IDEX stock predictions for this year and beyond.
https://capital.com/ideanomics-idex-stock-forecast-2021-2025
EV businesses and Great Fintech Assets
https://investorintel.com/markets/cleantech/cleantech-intel/with-a-rapidly-developing-ev-business-and-great-fintech-assets-sounds-like-a-good-ideanomics/
Any technical indicator, news about the stock, or the company, such as an earnings release or other significant event, could move the stock counter to the recent trend. $IDEX
Any technical indicator, news about the stock, or the company, such as an earnings release or other significant event, could move the stock counter to the recent trend. $IDEX
A global company founded in 2004 and headquartered in New York, and currently spans operations in United States, China, Ukraine, and Malaysia. After raising $400 million in the past few months, the company is looking for high-growth avenues and disruptive opportunities in its two divisions: Mobility and Capital.
$IDEX - Ideanomics an EV & Fintech Stock
A global company founded in 2004 and headquartered in New York, and currently spans operations in United States, China, Ukraine, and Malaysia. After raising $400 million in the past few months, the company is looking for high-growth avenues and disruptive opportunities in its two divisions: Mobility and Capital.
$IDEX - Ideanomics an EV & Fintech Stock
$IDEX - Ideanomics Q4 and 2020 Earnings on March 31, 2021
https://investors.ideanomics.com/2021-02-15-Ideanomics-to-Announce-Fourth-Quarter-and-Full-Year-2020-Earnings-on-March-31-2021
$IDEX - Ideanomics Q4 and 2020 Earnings on March 31, 2021
https://investors.ideanomics.com/2021-02-15-Ideanomics-to-Announce-Fourth-Quarter-and-Full-Year-2020-Earnings-on-March-31-2021
A global company founded in 2004 and headquartered in New York and currently spans operations in United States, China, Ukraine, and Malaysia.
After raising $400 million in the past few months, the company is looking for high-growth avenues and disruptive opportunities in its two divisions: Mobility and Capital.
$IDEX- Ideanomics EV & Fintech Stock
A global company focused on EV and fintech businesses. Founded in 2004 and headquartered in New York, Ideanomics currently spans operations in United States, China, Ukraine, and Malaysia. After raising $400 million in the past few months, the company is looking for high-growth avenues and disruptive opportunities in its two divisions: Mobility and Capital.
$IDEX- Ideanomics EV & Fintech Stock
A strong buy signal could move upwards again.
$IDEX- Ideanomics EV & Fintech Stock
Which is better to invest in EV or Fintech ?
$IDEX- Ideanomics EV & Fintech Stock