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

• Haven Media Solutions Offers Web Design and PPC Services in Atlanta GA
• New Children's Book Celebrates the Limb Difference Community
• TREND Network Announces Miami Based Reality Series "Coming Up Miami" Premiering July 1
• High Point Girl Scout Troop Helps Transform Community Garden at Senior Living Community
• Beemok Hospitality Collection And KLH Group Announce Preferred Partnership

"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

• Expanding Access to Mental Health Care in Toronto with Dr. Stephen Shainbart
• Dr. Stephen Shainbart Launches Expanded Mental Health Support for Anxiety and Depression in Toronto
• Equipment Leases, Inc. Launches Updated Family Office Equipment Financing Page
• Tickets now available for October 3rd Awadagin Pratt concert at the Tryon Fine Arts Center
• The $5 Million Man Still Begging: Incumbent Jimmy Panetta Hits Up Voters for More Cash Despite Massive War Chest

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.