Ideanomics Inc.

Hello,

Ideanomics Inc. Nasdaq:IDEX

Electric Vehicle (EV) Lease Financing in China.

Specializes with companies that have commercial fleets that require by law and government zero emissions mandates to acquire new electric vehicles for their businesses.

Called the "Amazon Platform" for EV with end to end sales & services where enterprises can have full procurement, financing, insurance, batteries and energy supplies along with subsidies for the adoption of electric commercial vehicles.

Over the next 2 years in China more than 24 million commercial vehicles will be required to be replaced with electric vehicles. Ideanomics is well established and strategically positioned to gain a substantial market share of this EV business opportunity.


Operates through partnerships with China’s largest automakers, Build Your Dreams (China) (BYD) and Beijing Automotive Industry Co. (BAIC) as well as 24 transportation and 8 financial partners as an end-to-end solutions provider with vehicle procurement, financing, battery charging and energy management needs.

 

A lot of news has being delivered from management in the past 8 weeks.

The company is back to business and Covid 19 has not affected their operations

Appears Ideanomics is in the right place and right sector to grow as a company

"China and EV "  

Analyst Target Price $1.82

Highlights

Leadership position and strong order pipeline in a large addressable market. China – IDEX’s first target market – will be home to 143 million electric vehicles (~57% of global stock) by 2030. This is ~62x the present stock of electric vehicles (2.3 million units) in China, suggesting that the market is poised for huge growth.


IDEX also plans to grow outside China, first in ASEAN nations (starting with Malaysia) and then globally. The company has a strong position in the market, reflected in its $2 billion order pipeline in China, of which ~$600 million is likely to be converted into revenue in CY20.

https://www.intro-act.com/uploads/...cuments/4913RQFIJLO2IDEX_IoC.pdf
 

Coronavirus: Schools start reopening in China's biggest cities

https://finance.yahoo.com/news/...art-reopening-chinas-114001438.html


Ideanomics CEO, Alf Poor, Discusses the Company's Role in China's EV Transition


https://finance.yahoo.com/news/...o-alf-poor-discusses-130000466.html