The PennZone

NEW YORK - PennZone -- NEW YORK, -- Ideanomics  ("Ideanomics" or the "Company") is pleased to announce its membership in CALSTART, a non-profit organization that facilitates the growth of the clean transportation technology industry resulting in clean air, climate stability and job growth. CALSTART's expertise lies in providing early adopters with leadership, connections and funding to accelerate the deployment of game-changing technologies which complements Ideanomics' efforts to drive Global commercial EV adoption. The CALSTART membership will assist in growing its wholly-owned subsidiaries, Wireless Advanced Vehicle Electrification (WAVE) and Medici Motor Works, Ideanomics North American heavy truck and specialty vehicle division, as well as portfolio company Solectrac.

More on The PennZone

• WOWX labs Closes US$10 Million Founder-Led Growth Financing as WOWX.market Enters Scale Phase
• BESTBUYSTORE opens its dropshipping model to independent merchants
• America's Hometown Thanksgiving Parade in Plymouth, MA, on Saturday, November 21, 2026
• Navigating a Changing Market: How AIX Group Is Responding to a Challenging Year
• 450 Million Revenue Run Rate, Global Telecom Reach and a New Digital Growth Opportunity Take Center Stage: IQSTEL, Inc. (N A S D A Q: IQST)

Founded in 2011 and headquartered in Salt Lake City, Utah, WAVE is a leading provider of inductive (wireless) charging solutions for medium and heavy-duty electric vehicles (EVs). Its technology has been deployed since 2012 and has demonstrated the capability to develop and integrate high-power charging systems into heavy-duty electric vehicles from leading commercial EV manufacturers. WAVE's systems offer several compelling benefits over plug-in-based charging systems, including increasing EV range, reduced maintenance, improved health and safety, and expedited energy connection.

"CALSTART provides Ideanomics with the network and expertise that will help us accelerate the adoption of WAVE's technology," said Ideanomics CEO Alf Poor. "The benefits of WAVE's wireless charging systems are aligned with CALSTART's mission, and with this membership, we can enhance our national and global programs."

"CALSTART is a growing community of innovators all pushing in the same direction to rapidly decarbonize our transportation systems," said John Boesel, President & CEO of CALSTART. "We are thrilled to welcome Ideanomics as a partner that appreciates the need to mobilize capital to accelerate commercial fleet electrification. Their motivation and know-how, as well as their strategic acquisition of WAVE, position them to be a great asset as fleets seek resources to assist in their electrification journeys. We look forward to a long and fruitful partnership with our newest member."

More on The PennZone

• Wave Helicopters Takes FLIBS 2026 to New Heights
• Canada's First Data Lakehouse Goes Global in Banking: Nabil Bank Becomes Nepal's First Bank to Implement a True Agentic Lakehouse Platform, DataNature
• Latin GRAMMY-Winning Cuban-American Conductor Dr Yalil Guerra to Lead Pepperdine's Oklahoma!
• Highsfield Showcases Earth Zoom Generator for Cinematic AI Videos
• Patton AI Launches Patton Hive 4.5: Wartime Breakthroughs for Drones and Robots When GPS Goes Dark

CALSTART | Changing transportation for good

A national nonprofit consortium with offices in New York, Michigan, Colorado, and California and partners world-wide, CALSTART works with 270+ member company and agency innovators to build a prosperous, efficient, and clean high-tech transportation industry.

About Ideanomics

https://ideanomics.com/

The company is headquartered in New York, NY, with offices in Beijing, Hangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.