Company Interviews

Ideanomics (IDEX) - How to Insert Company into Chinese Battery Market


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This is a Chinese ESG story with multiple divisions and a focus on powering Electric Vehicles. Ideanomics is headquartered in New York but primarily operates out of its offices in Qingdao and Beijing, China.

Ideanomics is an international company with a firm focus on driving commercial momentum into electric vehicle consumption whilst developing innovative, futuristic financial services and Fintech products.

Our main topic of discussion was the company's electric vehicle division, Mobile Energy Global (MEG). The company currently specialises in replacing conventional catalytic conversion engines with battery motors. Moreover, the company also enables group purchasing discounts for fleet managers to be able to carry out these operations and also provides financing and charging solutions. 

Ideanomics Capital, the company's corporate division, includes DBOT ATS and Intelligenta, providing unique financial services via AI and blockchain solutions. In totality, Ideanomics provides its global customers and partners with enhanced efficiencies, cutting-edge technologies and leverage to capital from global markets.

As a US company operating in China, we were also keen to dig into how Ideanomics' dealings have been affected by COVID-19 and can they operate without hindrance in China as a US company. And in fact can they grab the attention of investors in the US whilst consorting with the enemy? 

In terms of the end game, Ideanomics wants to be providing energy to EV consumers and gas stations by taking a fee on the energy provided. 

Company Page: https://ideanomics.com/

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