NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDE
Post# of 173
Ideanomics (NASDAQ: IDEX), a company driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, was featured in a Yahoo! Finance article. The piece, by Al Root, senior writer at Barron’s, is titled “Ford Is Buying an EV Charging Firm. The Electric Grid Is the Next Big Thing.” It covers Ford Motor Company’s (NYSE: F) announcement of its seemingly innocuous acquisition that may eventually have a large impact on the industry. “In coming years, auto makers and providers of electric-vehicle infrastructure—from charging companies to utilities—will start talking about ‘grid-edge’ technology,” the article reads. “The impact on the power grid caused by the coming flood of EVs must be managed. Grid-edge technology can be as simple as a shipping container full of batteries to provide power to an EV charging station.”
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