InvestorNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Reports ‘Breakthrough Milestone’ for Ultrafast Charging Tech, Announces Conference Participation

Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles, has released the results of the testing of its WAVE 500kW at the Power of Los Angeles. According to the announcement, the company’s first-of-its-kind, high-power, ultrafast wireless charging system fully charged a class 8 electric truck in under 15 minutes. The company noted that the results are “heralding a future where fleet operators could realize near-continuous electric vehicle uptime.” Construction and charger installation at the Port of Los Angeles is underway, and the WAVE 500kW charger is being positioned as part of the project, with expectations for the charger to enter service next year. The company is also participating in the upcoming September Small-Cap Conference presented by Sidoti & Company LLC. The two-day event is scheduled for Sept. 21–22, 2023, with Ideanomics scheduled to present on Wednesday at 2:30 p.m. EDT. Ideanomics is dedicated to solving the complexity of fleet electrification. The company is committed to bringing together high-performance electric vehicles, charging infrastructure and financing solutions under one roof with WAVE wireless charging being its flagship charging technology. “We’re showing that today, right now, electric heavy-duty vehicles can operate 24/7, “topping off” their charge while the work is happening,” says  Ideanomics Mobility president Robin Mackie in the press release. “The benefits of this technology are crystal clear: fleet operators become more efficient by cutting out vehicle downtime otherwise spent filling up or plugging a central depot.”

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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, the company is the one-stop partner needed to simplify the transition to and operation of any EV fleet. For more information about the company, please visit

NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at

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