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:
More on ncarol.com
"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
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.
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
- Wanda Alexis Alexander Launches 'What If…With Wanda', a New Podcast
- Intoxicating Wellness – A Mother And Daughter's Journey To Wellness And Sustainable Travel
- Cardinal Innovations Awards Nearly $2MM in COVID-19 Relief Grants to Not-For-Profit Organizations
- Governor Cooper Moves North Carolina to Phase 3 With Stable Numbers
- The Beverly Hills, 90210 Videocast Live Super Show will Celebrate 30 Years of TV's Favorite ZIP code
"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
- Praetego Inc Receives NIH Phase 2 STTR Funding to Advance Novel Amadorin Drug Candidates for Diabetic Peripheral Neuropathy
- U.S. News & World Report ranks Thiel College as a top regional college in western Pa
- Largest floating solar power plant in the Southeast coming to Fort Bragg
- It's time to fulfil promise to the world's poorest – CPDE
- Aura Launches Commission-Based Referral Programme
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.
Source: David Joseph Marketing
Filed Under: Business
0 Comments
Latest on ncarol.com
- Kontoor Brands Aims to Transform Apparel Production for Good
- Is Your Workplace Safe for Return?
- Jackson Rathbone's "DO NOT REPLY", launches Break Out Star: Elise Luthman
- Mary Logan Woolsey, her Family and Joshua's Heart deliver groceries to 350 families in Coconut Grove
- LabCorp to Announce Third Quarter Financial Results on October 27, 2020
- Impact Fund Genuine Interest Announces Strategic Investment in American Homebuilders of West Africa
- Scholars of Sustenance celebrates United Nations "International Day of Awareness of Food Loss and Waste"
- Ladies - Here is How to Elevate Your Wardrobe
- IMPLAN Group Announces Release of COVID-19 Economic Data
- STARK Industries LLC Supports Space Center Houston's Exhibit on NASA Innovations During the Pandemic via NASA JPL-Designed VITAL Ventilator Loan
- 'Que the Excitement: Bojangles Expands Barbecue on its Menu
- United We Rise Works To Collectively End The HIV Epidemic For Every(Black)Body
- Cheeses of Europe Celebrates Brunch Culture
- ROSIE READER Launches Literary Adventures for Children Ages 3 to 5
- Renowned Christmas Tree Designer Donating Tree for Fundraising
- Rising Music Star, Kennedy Stephens Honors Breonna Taylor in Profound New Song
- A Thousand Ways to Save Energy - And $$$$
- Philadelphia Equity Transaction Closes to fund 6 High End Apartments in University City
- DonnaInk Publications, Nocturnum's Muse Imprint, announces signing of author Mitchell Allen
- Women's Aha Camp Celebrates 10 Years during Covid Chaos by Creating ahas!@home