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Electric Vehicles, the Investment Ecosystem
nipper
post Posted: Jun 29 2020, 04:06 PM
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California will require at least 50% of truck sales to be electric by 2035, with the goal of making all new trucks sold in California zero-emission by 2045.

https://qz.com/1873158/california-votes-to-...lectric-trucks/




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
Nopoo
post Posted: Jun 25 2020, 03:29 PM
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Ideanomics MEG Truck Division Medici Motor Works Reveals Branding and Positioning

https://investors.ideanomics.com/2020-06-24...and-Positioning



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Nopoo
 
Nopoo
post Posted: Jun 16 2020, 02:51 PM
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In Reply To: mullokintyre's post @ Jun 15 2020, 05:01 PM

Alf Poor, CEO of Ideanomics (IDEX), Discusses Chinese EV Market & AI-Powered Fintech on CEO Roadshow

https://youtu.be/3F82SbAxTTI



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Nopoo
 
mullokintyre
post Posted: Jun 15 2020, 05:01 PM
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In Reply To: nipper's post @ Jun 12 2020, 08:50 PM

And now the US Nikola co is taking orders for a hydrogen fuel cell vehicle.
From Unsealed 4x4

QUOTE
The Nikola Badger electric ute, with its innovative hydrogen fuel cell electric powertrain, is one step closer to becoming a production reality after company founder Trevor Milton announced orders will be taken from 29 June.Unlike the Tesla Cybertruck, the Nikola Badger is a smaller ute that will compete with the likes of the Ford F-150 and Toyota Tacoma in the US, and vehicles like the Ford Ranger and Toyota HiLux when it eventually lands in Australia. And as its a fuel cell electric vehicle (FCEV), it can be refilled with hydrogen as quick as any petrol- or diesel-engine vehicle as soon as the infrastructure is in place, of course.

The Badger features traditional 44-ute styling and theres no doubt its a good-looking vehicle, and it has all of the attributes that a 44 ute should have plus some more. As well as its 44 driveline, the Badger looks set to be an on-road perfromance powerhouse, with a claimed 0-60mph (96km/h) time of 2.9 seconds thanks to electric motors that produce a claimed 675kW of power and 1328Nm of torque.

Nikola also claims a 600-mile (965km) range for the Badger using both its hydrogen fuel cell and battery, and those who dont have access to a hydrogen refuelling station (pretty much everyone right now), the Badger will still be able to travel up to 300 miles (482km) on its fully-charged battery.The Badger will have a claimed maximum braked towing capacity in excess of 8000 pounds (3628kg) and, according to Nikola, it will be able to operate in conditions down to -28C without significant performance or SOC (state of charge) losses.

The five-seat Badger ute will measure an estimated 5900mm long x 2160mm wide x 1850mm tall, and will have a 1560mm bed width. For comparative purposes a Ford Ranger measures 5382mm long x 2163 wide x 1815 tall with a 1560mm bed width.


And in keeping with the Tesla Tradition, although it has produced no cars as yet, and does not even habe a production facility, let amone a maintenance sales and spare parts facility,

QUOTE
Although Nikola Motor Company is yet to produce a vehicle, it has reportedly started work on its manufacturing facility in Coolidge, Arizona. As of the close of markets yesterday, the companys market value was a staggering US$28.63 billion more than either Ford or Fiat Chrysler Automobiles (FCA)!


The market is truly mad and when it all comes crashing down, there will be a more than a little collateral damage.

Mick



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nipper
post Posted: Jun 12 2020, 08:50 PM
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QUOTE
A small Australian company called H2X has unveiled ambitious plans to begin making hydrogen fuel cell powered cars under the 'Snowy' brand by 2022 from a site in Port Kembla in New South Wales.

Brendan Norman, the chief executive of the company, had previously been working with Chinese group Grove Automotive on hydrogen vehicles, and has joined forces with a group of investors and automotive experts to try to bring a new range of homegrown SUVs to the Australian market.
A prototype of the 'Snowy' would likely be ready by mid-2021 and commercial production is being eyed for 2022. But Mr Norman said the rollout of vehicles to the broader retail market would also depend on the availability of hydrogen filling stations around Australia for motorists wanting to use the new technology....

...Mr Norman said on Friday the 'Snowy' name had been used because it symbolised fresh, clean and green images associated with the Snowy River which had a deep connection with Australia's history and development.

Kevin McCann, a former managing director of Volvo Cars Australia, is on the corporate advisory board of H2X, and said on Friday the project had vast potential and was aiming for steady growth as hydrogen infrastructure was built up in Australia.

"The market potential is going to be in lockstep with hydrogen distribution,'' Mr McCann said.

Mr Norman said Port Kembla had been chosen as a manufacturing site because it was close to a deepwater port, with H2X aiming to eventually be an exporter of the vehicle. The H2X chairman is Samuel Blackadder, managing director of Elvin Group Renewables.




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
Nopoo
post Posted: May 20 2020, 02:17 PM
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In Reply To: Nopoo's post @ May 15 2020, 01:35 AM

NEWS RELEASE

Ideanomics Secures First Order for Qingdao EV Hub

130 units SAIC EV Brand Roewe - For Immediate Q2 Delivery



NEW YORK -- Ideanomics' (NASDAQ: IDEX), Mobile Energy Global (MEG) division announced its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd has secured its first EV order from a Hangzhou-based customer for 130 EV units from SAIC's Roewe brand.

The order value is approximately RMB 17.5 Million (approx. USD 2.5 Million), and is comprised of 80 units of Roewe's 2019 model ei6 Honor 80 Deluxe Edition, 20 units of its 2020 EX5 vehicle, and 30 units of its ei5 2020 Deluxe Edition. The order is for immediate delivery and anticipated to be completed within the second quarter. Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd assisted with financing and purchase activities on behalf of its customer.


"We are very pleased to have secured this first meaningful order for our Qingdao center, particularly as the customer required financing assistance with its EV orders," said Alf Poor, CEO of Ideanomics. "Our MEG team was able to fulfill this quickly and efficiently, through our Qingdao subsidiary, getting the customer the terms they needed. This type of order is precisely why we developed our S2F2C model, and we're delighted our Qingdao activities are underway."

About Ideanomics


Ideanomics is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and Fintech products. Its 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. Ideanomics Capital includes DBOT ATS and Intelligenta which provide innovative financial services solutions powered by AI and blockchain. MEG and Ideanomics Capital provide our global customers and partners with better efficiencies and technologies and greater access to global markets.


The company is headquartered in New York, NY, and has offices in Beijing and Qingdao, China.



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Nopoo
 

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Nopoo
post Posted: May 15 2020, 01:35 AM
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In Reply To: nipper's post @ Mar 27 2020, 04:36 PM

China Announces a Three-Year-Blue-Sky-Action Plan to Accelerate the Adoption of Electric Vehicles


24 provinces and cities commit to aggressive roll out of electric vehicles
MEG is actively working with regional governments in 7 of the 24 regions
MEG to benefit from regions' fast-tracked plans for EVs and charging stations

NEW YORK, Ideanomics, (NASDAQ: IDEX) announced that the Chinese State Council issued a Three-Year Action Plan for the Battle of the Blue Sky accelerating the country's Blue Sky Plan originally unveiled in 2018. The 2018 Blue Sky Plan's centerpiece was the development of an ecofriendly transport system with higher fuel efficiency and lower emissions and included fines for pollution, carbon emissions and the contamination of water. The Three-Year-Action Plan includes agreements of 24 provinces and cities to accelerate the adoption of new energy vehicles. Ideanomics' Mobile Energy Global (MEG) group is already actively working with seven of the priority regions. Below are these regions' plans to promote conversion to electric vehicles (EVs).


Inner Mongolia: Plan to promote the application (adoption) of 100,000 new energy vehicles throughout the region.

Shandong Province: All buses will be replaced with new energy vehicles by the end of 2020. The broader target is for the number of clean energy vehicles to reach 500,000 in 2022.

Jiangsu Province: Plans to promote the adoption of 250,000 clean energy vehicles. By the end of 2020, charging infrastructure to support 200,000 electric vehicles will be in place. Ideanomics' MEG is actively involved in this effort through its charging station initiative with PetroChina in Nanjing – a major city in Jiangsu province.

Guangdong Province: By the end of 2020, new energy buses in Guangdong will account for more than 75% of all buses, and all Pearl River Delta cities will commence electrification adoption plans in 2020. Taxis in the Pearl River Delta are mandated to use new energy vehicles, of which pure electric vehicles will account for no less than 80% and increase by 5 percentage points year by year.

Hainan Province: Electrification of the entire island by 2030. Hainan has introduced legislation banning the sale of fossil fuel vehicles by 2030, to ensure adoption of new energy vehicles within the island.

Sichuan Province: Legislation has been passed to ban fossil fuel trucks in city centers. The city of Chengdu has assumed a leadership role in the promotion and application of new energy vehicles in the logistics and distribution industries. From 2017, Chengdu phased in the gradual reduction of fossil fuel cargo vehicles into the city over three years.

Guangxi: The promotion of all new passenger cars as new energy vehicles. All passenger vehicles in national scenic spots and national tourist attractions must use new energy vehicles, through either replacement or conversion. Municipalities, enterprises, public institutions, sanitation, logistics, postal, and airport commuting areas are mandated to all procure only electric vehicles as fleet renewals occur.

MEG has established relationships with the country's leading manufacturers enabling it to meet the rapidly increasing demand for commercial EVs. Additionally, it has established a consortium of financial partners to allow fleet operators to secure these large purchases. The Plan to fast-track conversion to EVs will highlight MEG's strengths and further solidify its positing as a critical facilitator in the EV ecosystem.



About Ideanomics

Ideanomics (Nasdaq:IDEX) is a global company focused on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing next generation financial services and Fintech products. Its electric vehicle division, Mobile Energy Global (MEG) provides financial services and incentives for commercial fleet operators, including group purchasing discounts and battery buy-back programs, in order to acquire large-scale customers with energy needs which are monetized through pre-paid electricity and EV charging offerings. Ideanomics Capital includes DBOT ATS and Intelligenta which provide innovative financial services solutions powered by AI and blockchain. MEG and Ideanomics Capital provide our global customers and partners with better efficiencies and technologies and greater access to global markets.

The company is headquartered in New York, NY, and has offices in Beijing, China.

http://www.ideanomics.com

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Ideanomics Inc. - Investor Video Update

https://www.youtube.com/watch?v=QrQvWAx9Uiw...eature=youtu.be





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Nopoo

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Nopoo
post Posted: Apr 12 2020, 02:06 PM
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In Reply To: Nopoo's post @ Apr 2 2020, 02:35 PM

Ideanomics To Monetize EV Energy Sales


NEW YORK, April 7, 2020 -- Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), is pleased to announce that MEG 's energy sales unit has deployed a pilot platform in Nanjing, China which will focus on streamlining the operational aspects of EV energy sales and consumption and will serve as a blueprint to a broader roll-out in both Nanjing, and across other major cities in China.



https://investors.ideanomics.com/


Ideanomics Inc (NASDAQ:IDEX) CEO Alf Poor tells Proactive Investor that its electric vehicle division, Mobile Energy Global has recently deployed a pilot platform in Nanjing to streamline energy sales, and it will serve “as a blueprint” for a broader rollout in the city as well as other big Chinese cities.

https://ca.proactiveinvestors.com/companies...ing-917078.html




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Nopoo
 
Nopoo
post Posted: Apr 2 2020, 02:35 PM
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Ideanomics Announces Operations Back to Normal; Announces $8.1 Million in EV Orders


https://investors.ideanomics.com/2020-04-01...als-in-48-hours




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Nopoo
 
Nopoo
post Posted: Apr 1 2020, 03:00 PM
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Good news for EV sector in China, should help with the global economy and environment.

NEWS - $IDEX - China Extends New Energy Vehicle Purchase Subsidies and Purchase Tax Exemption Policy for Two Years




https://investors.ideanomics.com/2020-03-31...y-for-Two-Years







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Nopoo
 
 


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