Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (“EV”), today announced that its subsidiary U.S. Hybrid joined a consortium led by A-1 Alternative Fuel Systems, a leader in on-vehicle alternative fuel storage and delivery solutions, to develop hydrogen fuel cell electric shuttle buses. According to the update, consortium partners, supported by funding from the South Coast Air Quality Management District (“South Coast AQMD”) and SoCalGas, will develop a zero-emission hydrogen fuel cell electric bus built on the Ford E-450 chassis and a low-floor bus built on the Ford F-53 chassis. “U.S. Hybrid is the go-to partner for customers who want the best zero-emission specialty vehicles – whether it’s a new build or a retrofit, “ said Robin Mackie, president of Ideanomics Mobility. “Over the past two years, U.S. Hybrid’s EV propulsion system and fuel cells have been installed in street sweepers, buses and port drayage vehicles. I am excited to see U.S. Hybrid partnering with A-1 Alternative Fuel Systems and other consortium members to help California’s bus fleet become zero emission faster.”
To view the full press release, visit https://ibn.fm/uSV6i
About Ideanomics Inc.
Ideanomics is a global group with a simple mission: accelerating the commercial adoption of electric vehicles. By bringing together vehicles, charging and financing solutions under one roof, Ideanomics is the one-stop partner needed to simplify the transition to and operation of any EV fleet. 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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