$IDEX - Ideanomics Secured 35,000 EV Taxi Order
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#NASDAQ #EV #CHINA
NEW YORK, Ideanomics (NASDAQ: IDEX) announced that its Mobile Energy Global (MEG) division secured an order for 35,000 EV Taxis from Yunnan Energy Investment Group, which is a province-designated entity for clean energy transportation solutions.
The order was signed as part of a broader cooperation with Yunnan Energy, which will start with EV taxis and develop into other vehicles' orders and also energy purchasing and charging. Delivery of the EV taxis will commence in 2020. China has been encouraging its provincial governments to adopt blue sky environmental regulations which support the adoption of clean energy vehicles, particularly those with high energy usage such as the commercial vehicle sector.
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