InvestorNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Ranks in Top-10 New Products at 2022 World Ag Expo
Dec 9, 2021
Ideanomics (NASDAQ: IDEX) subsidiary Solectrac has announced that its zero-emission e70N tractor has been named one of this year’s top-10 new products, selected by World Ag Expo officials. The tractor was recognized as a cutting-edge product to help farmers save time and money. The innovative vehicle, which is designed specifically for vineyard operations, will be on display at the three-day 2022 World Ag Expo, which is slated for Feb. 8–10, 2022, in Tulare, California, and is the largest agricultural trade show in the world. The annual Top-10 New Products Competition is sponsored by the International Agri-Center in conjunction with World Ag Expo. A panel of judges comprised of farmers, ranchers and industry professionals evaluate dozens of cutting-edge products, calling out the 10 that best represent the industry. Solectrac’s e70N electric tractor is designed to offer the power equivalent to a 70HP diesel tractor but minus the harmful emissions. Ideanomics is a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption. “We are honored to receive this distinction from the officials at World Ag Expo,” said Solectrac CEO Mani Iyer in the press release. “We are committed to providing an opportunity for farmers around the world to power their tractors by using the sun, wind, and other clean renewable sources of energy. Solectrac offers independence from the pollution, infrastructure, and price volatility associated with fossil fuels, and this prestigious award enhances our industry-leading commitment to that goal.”
To view the full press release, visit https://ibn.fm/H2oKc
About Ideanomics Inc.
Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. The Ideanomics Mobility division is a service provider that facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy-management solutions under the company’s innovative sales-to-financing-to-charging (“S2F2C”) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital provide the company’s global customers and partners with leading technologies and services designed to improve transparency, efficiency and accountability, while offering its shareholders the opportunity to participate in high-potential growth industries. For more information about the company, please visit www.Ideanomics.com.
NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX
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