Who is Ideanomics partnered with?

Who is Ideanomics partnered with?

Ideanomics Mobility is already partnering with electric vehicle manufacturers in China. It owns 51% of e-bike company Treeletrik, 100% of an EV charging play and has investments elsewhere in the space. IDEX stock is also a fintech play. Ideanomics Capital now includes a title settlement company, Timios Holdings.

What does Ideanomics Inc do?

Ideanomics is a global group with a simple mission: to accelerate the adoption of commercial electric vehicles. By bringing together vehicles, charging, and energy solutions with design, implementation, and financial services, we provide the solutions needed for the commercial world to commit to an EV future.

Is Ideanomics a Chinese company?

IDEX Stock and the Chinese EV Business But it’s important to remember what Ideanomics’ Chinese EV business is at the moment. It’s a reseller. It buys vehicles in bulk and sells them individually, earning a spread in the process. And it’s a small spread.

Is Precigen a buy?

Precigen has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Where is Ideanomics based?

New York

Is IDEX good to buy?

Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.Feb 8, 2022

What sector is Ideanomics in?

financial technology company

Is Ideanomics a good long term investment?

Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.8 Feb 2022

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What type of company is Ideanomics?

Company Description Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products.

Is Ideanomics Inc A Good Investment?

Summary. The IDEX stock forecast from 2025 onwards looks positive. With lower prices than most EV companies in the market presently, stocks like Ideanomics appear to be an attractive investment for those seeking medium-term and long-term exposure in the EV market for good returns.8 Feb 2022

Does Ideanomics have debt?

How Much Debt Does Ideanomics Carry? The image below, which you can click on for greater detail, shows that at June 2021 Ideanomics had debt of US$82.5m, up from US$11.4m in one year. However, it does have US$411.0m in cash offsetting this, leading to net cash of US$328.5m.28 Oct 2021

Why is Ideanomics stock going up?

Shares of Ideanomics (IDEX -1.65%) soared today after the company announced that one of its subsidiaries, WAVE, anticipates it’ll have a reduction in electric vehicle (EV) charging costs, thanks to “recent manufacturing and engineering investments.” The tech stock was up by 15% for the day.Jan 3, 2022

Is IDEX a Chinese company?

About IDEX IDEX ASA is a Norwegian public company specializing in fingerprint imaging and recognition technology.

Is Ideanomics a profitable company?

Ideanomics is bordering on breakeven, according to some American Machinery analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$11m in 2024. The company is therefore projected to breakeven around 2 years from today.

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Is Ideanomics a buy or sell?

Ideanomics has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

What do Ideanomics do?

Ideanomics Inc (NASDAQ:IDEX) Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units.

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Author: truegoodie