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

• Virtually Tour Heritage at South Brunswick's Resort-Style Living - Experience Indoor and Outdoor Amenities at Your Fingertips
• A Dependable Marks 29 Years of Home Remodeling and General Contracting in the Charlotte Region
• Living Waters Inc to Host Mental Health Summit
• Black Diamond Sport & Entertainment Group Signs Defensive End Camar Kyle for Representation
• Derek Cook's Roofing Encourages Homeowners to Prepare for Fall Weather

"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 Marcus Harris Foundation Awarded Grant From Macon County Community Foundation To Expand Neigh
• Boston Industrial Solutions Expands Product Offering with Pad Printing Pads and Silicone for Custom Pad Manufacturing
• Rodeo FX Originals Appoints Yvann Thibaudeau Head of Development & IP
• Phoenix 5/7 Emerges as a Genre-Fluid Artist Collective
• Massage Revolution Expands to Santa Monica With New Wilshire Boulevard Location

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.