Ideanomics Announces Its Membership in CALSTART
ncarol.com/10103673

NEW YORK - ncarol.com -- NEW YORK, -- Ideanomics  ("Ideanomics" or the "Company") is pleased to announce its membership in CALSTART, a non-profit organization that facilitates the growth of the clean transportation technology industry resulting in clean air, climate stability and job growth. CALSTART's expertise lies in providing early adopters with leadership, connections and funding to accelerate the deployment of game-changing technologies which complements Ideanomics' efforts to drive Global commercial EV adoption. The CALSTART membership will assist in growing its wholly-owned subsidiaries, Wireless Advanced Vehicle Electrification (WAVE) and Medici Motor Works, Ideanomics North American heavy truck and specialty vehicle division, as well as portfolio company Solectrac.

More on ncarol.com

• Connecta Satellite Solutions Ready to Support Emergency Communications Following the Venezuela Earthquake
• Rare 1933 Harold Weston painting will be auctioned to benefit the Keene Valley Library
• $20 Million Revenue Target, Accelerating Growth, 7% Of Outstanding Shares Retired, Clear Path Toward Profitability: VSee Health, Inc N A S D A Q: VSEE
• HomeCentris Home Health Achieves 5-Star CMS Rating
• Adsoptia Launches AI-Powered Optimization Platform for a New Era of Autonomous Marketing Decisions

Founded in 2011 and headquartered in Salt Lake City, Utah, WAVE is a leading provider of inductive (wireless) charging solutions for medium and heavy-duty electric vehicles (EVs). Its technology has been deployed since 2012 and has demonstrated the capability to develop and integrate high-power charging systems into heavy-duty electric vehicles from leading commercial EV manufacturers. WAVE's systems offer several compelling benefits over plug-in-based charging systems, including increasing EV range, reduced maintenance, improved health and safety, and expedited energy connection.

"CALSTART provides Ideanomics with the network and expertise that will help us accelerate the adoption of WAVE's technology," said Ideanomics CEO Alf Poor. "The benefits of WAVE's wireless charging systems are aligned with CALSTART's mission, and with this membership, we can enhance our national and global programs."

"CALSTART is a growing community of innovators all pushing in the same direction to rapidly decarbonize our transportation systems," said John Boesel, President & CEO of CALSTART. "We are thrilled to welcome Ideanomics as a partner that appreciates the need to mobilize capital to accelerate commercial fleet electrification. Their motivation and know-how, as well as their strategic acquisition of WAVE, position them to be a great asset as fleets seek resources to assist in their electrification journeys. We look forward to a long and fruitful partnership with our newest member."

More on ncarol.com

• Heritage at Manalapan Announces New Incentive: Included Finished Basement on Select Homesites
• Leicester UK Manufacturer Tabletop Tyrant Secures Flawless 100% Customer Satisfaction Rating Across 5,800+ Orders
• The Calida Group Announces Promotion of Joshua Nelson to President, Advancing Next Phase of National Growth
• Cango Mobility x Hikvision Announce Strategic Partnership
• HomeCentris Healthcare Signs Definitive Agreement to Acquire S&K Holdings, Expanding Mid Atlantic Platform

CALSTART | Changing transportation for good

A national nonprofit consortium with offices in New York, Michigan, Colorado, and California and partners world-wide, CALSTART works with 270+ member company and agency innovators to build a prosperous, efficient, and clean high-tech transportation industry.

About Ideanomics

https://ideanomics.com/

The company is headquartered in New York, NY, with offices in Beijing, Hangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.