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InvestorNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) US Hybrid Awarded New Order, ‘Making Significant Advancements in Commercializing Electrification’

Ideanomics’ (NASDAQ: IDEX) wholly owned subsidiary and leader in advanced battery, fuel cell and hybrid electric vehicles, US Hybrid, today announced an order from Antelope Valley Transit Authority (“AVTA”) for 19 transit vans. “US Hybrid is pleased to strengthen Ideanomics’ relationship with ATVA. We will provide AVTA with long-range, battery-electric, ADA compliant vans to help them reach their clean mobility goals,” said Dr. Abas Goodarzi, CEO of US Hybrid and chief scientist of Ideanomics. “We are thrilled to continue to expand our support of transit agencies and municipalities in realizing their vision of environmental sustainability and stewardship. We are making significant advancements in commercializing electrification in the sector.”

To view the full press release, visit https://ibn.fm/JzIkz

About Ideanomics Inc.

Ideanomics is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation and financial services, Ideanomics provides the completeness of solutions needed for the commercial world to commit to an EV future. For more information about the company, 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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