Ideanomics Reports 503 EV Units Processed for July & August an Increase from Q2
ncarol.com/10073799

NEW YORK - ncarol.com -- NEW YORK, -- Ideanomics  announced its Mobile Energy Global (MEG) division's activity from the period starting July 1, 2020, and ending August 31, 2020.

MEG activities during the period of July 1, 2020 through August 31, 2020 were as follows:

Vehicle Type	Units Invoiced (pending expected delivery)	Units Delivered
Heavy Trucks	-	25
Taxis/Ride-Hailing	557	178
TOTAL UNITS	557	203

More on ncarol.com

• New from Regal House Publishing, This Impossible Vertical World
• XMax Inc. (N A S D A Q) Accelerates AI Expansion With $4.8 Million Contracted Revenue, $30+ Million Enterprise Pipeline and Strategic SpaceX Exposure
• Lnk.Bio Becomes the First Link-in-Bio Service Fully Manageable from Inside ChatGPT
• Did Drake Just Find His Next Signee? Peoria Rapper Rhymi Gifts "ICEMANDRAKE" Domains, Drops Debut Album Same Day
• Frank Myers Auto Supports Dream Center of Forsyth County Through Community Outreach and Compassion

"Units Delivered" refers to vehicles which have been delivered to customers, and Ideanomics has obtained the delivery notes. "Units Invoiced (pending expected delivery)" refers to customer orders where sales invoices have been issued and units ordered are still pending expected delivery. Delivery dates vary according to the type of vehicle and manufacturer availability.

The US GAAP accounting treatment for the anticipated revenue from the above orders will not be finalized until the order transactions complete. Consequently, the revenue may be reported on a Gross or Net basis and some portion may be deferred to future accounting periods.

About Ideanomics

Ideanomics is a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products. Our electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity, as well as financing and charging solutions; we refer to this business model as sales to financing to charging (S2F2C). Ideanomics Capital provides fintech services that include intelligent and innovative solutions powered by AI and blockchain. Together, MEG and Ideanomics Capital provide our global customers and partners with more efficient solutions for a greener economy.

More on ncarol.com

• Andrew Tate Says Los Angeles Is "Where I Belong" as He Hints at USA Move
• RAS AP Consulting Advances to Request for Proposal Stage in Heidelberg Materials' SAP Customer & Vendor Master Data Modernization Initiative
• The Hillsborough Gallery of Arts Presents "Muse": New Work by Three Artists
• Expert E-Bike Safety Advocate Issues Urgent Warning Following Recent Southern California Fatalities
• VeneerVibe Releases 2026 Snap-On Veneers Market Report

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