ideanomics car

on September 24 | in Uncategorized | by | with No Comments

We take a closer look at Ideanomics stock to see what investors should do. This has many investors asking if they should jump in or did they miss the boat. Shares of Ideanomics Stock (NASDAQ:IDEX) are up 320% so far this month and higher by over 500% in the second quarter.

IDEX called the second quarter its best mobile energy results since moving into electric vehicle sales. For full disclosure please visit here >>. Treeletrik is expected to drive ASEAN commercial electric vehicle sales leveraging Chinese manufacturing advantages. Who can offer loans now? “As the rate of global electric vehicle (EV) adoption continues to rise and technology advancements make EVs more accessible, our Sales to Financing to Charging (S2F2C) business model is positioned to add value for commercial fleet operators in all areas of their business.”. Nio’s electric SUV lineup could be one of the cheaper alternatives after Tesla Model Y. Chinese electric autonomous vehicle manufacturers may offer cheaper prices to Hertz via aid from Ideanomics which operates globally to increase the number of zero-emission vehicles. Ideanomics, Inc. trades on the Nasdaq under the symbol IDEX is based in New York, NY, USA, and has offices in Beijing, China. First up, one needs to look at the longer-term picture. 3 Canadian Financial Stocks Too Cheap to Ignore? To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices.

We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Finally, an important component of IDEX’s future growth should come from its majority ownership of Treeletrik, an approved electric vehicles manufacturer and distributor for Malaysia. Theme: Newsup by Themeansar.

But for those who think Elon Musk’s company is overvalued, or they missed the boat for the appreciation in the stock price over the past few years, then there are other options for investors who want to capitalize on the burgeoning EV industry.
Indeed, it’s the next big thing and is here to stay.

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Furthermore, gaming became his passion for spending leisure time with his close ones.

Treeletrik expands the Company’s product line to electric vehicle mopeds, bikes cars, and light rail, serving the 650 million people in the ASEAN region which includes Malaysia, Cambodia, Vietnam, Philippines, Indonesia, Laos, Singapore, and Brunei.

Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. Ideanomics is a diversified company and primarily operates in the United States and Asia with reported assets of $164,763,676 along with revenues of $ 43,286,378 (Q-3 2019).