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Re: InPhekTed post# 11580

Friday, 10/14/2022 1:16:18 PM

Friday, October 14, 2022 1:16:18 PM

Post# of 14139
Ideanomics $IDEX Strategic Investment with InoBat to Collaborate on EV Battery
- Ideanomics' early-stage investment is intended to further de-risk its supply chain by securing future battery supply across its operating companies.
- Ideanomics and InoBat will work to develop and commercialize both standard and tailor-made battery packs for the U.S. market.
- InoBat expects to have access to the requisite materials and global reach to produce batteries at scale due to their strategic investments from Rio Tinto and Amara Raja.

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