NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDE
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Posted On: 08/06/2021 5:02:43 PM
NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Subsidiary Awarded Sourcewell Contract
Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, and its subsidiary, Wireless Advanced Vehicle Electrification (“WAVE”), have announced the signing of a cooperative purchasing contract with Sourcewell. WAVE is a leading developer of high-power inductive charging solutions for medium- and heavy-duty vehicles; Sourcewell is a self-sustaining government organization that has offered cooperative purchasing with more than 400 competitively solicited contracts to government, education and nonprofit entities throughout North America. The four-year contract outlines the process for WAVE to offer its high-power EV wireless charging systems to transit agencies and ports without facing the time-consuming RFP, bidding, and vendor selection processes. According to the announcement, more than 50,000 organizations will have access to WAVE’s charging solutions at a discounted price. “This contract is a huge win for the team at WAVE as it will allow us to operate more efficiently with our customers,” said Ideanomics chief revenue officer Kristen Helsel in the press release. “They now have direct access to WAVE’s innovative charging solutions, bypassing the lengthy and expensive bidding process. We are honored to be the only wireless inductive charging solution to be awarded in this round. We look forward to partnering with Sourcewell members, especially municipalities, ports and transit agencies, to accelerate the future of wireless charging.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, and its subsidiary, Wireless Advanced Vehicle Electrification (“WAVE”), have announced the signing of a cooperative purchasing contract with Sourcewell. WAVE is a leading developer of high-power inductive charging solutions for medium- and heavy-duty vehicles; Sourcewell is a self-sustaining government organization that has offered cooperative purchasing with more than 400 competitively solicited contracts to government, education and nonprofit entities throughout North America. The four-year contract outlines the process for WAVE to offer its high-power EV wireless charging systems to transit agencies and ports without facing the time-consuming RFP, bidding, and vendor selection processes. According to the announcement, more than 50,000 organizations will have access to WAVE’s charging solutions at a discounted price. “This contract is a huge win for the team at WAVE as it will allow us to operate more efficiently with our customers,” said Ideanomics chief revenue officer Kristen Helsel in the press release. “They now have direct access to WAVE’s innovative charging solutions, bypassing the lengthy and expensive bidding process. We are honored to be the only wireless inductive charging solution to be awarded in this round. We look forward to partnering with Sourcewell members, especially municipalities, ports and transit agencies, to accelerate the future of wireless charging.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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