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

• Forge Resources Unlocks Major Gold-Copper System in Yukon as Drilling Success and Strategic Assets Fuel High-Impact Growth Story for: $FRGGF
• Game Day Private Jets Launches REVUP Platform to Transform Fan & Donor Travel Into a Revenue Engine for College Athletics
• Heritage at South Brunswick Team Celebrates Major Wins at NJBA Sales and Marketing Awards
• Girl Scouts of Eastern Pennsylvania's "Summer of Sisterhood" Offers Two Lehigh Valley-based Camps
• Girl Scouts of Eastern Pennsylvania's "Summer of Sisterhood" Returns to Camp Valley Forge

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

• Best Companies Group Launches Best Places to Work in Maine Program
• InterMountain Announces the Opening of TownePlace Suites Reno
• MAG Magna Corp Targets Trillion-Dollar Opportunity by Tokenizing Rare Earth Assets Critical to AI, EVs, & Defense: MAG Magna Corp.: Stock Symbol: MGNC
• SnapTax Launches AI-Powered Tax Planning Platform for Freelancers and 1099 Workers — Now Free for 90 Days
• A.M. Logging Highlights Essential Landscaping Supplies for Spring Projects in Central Pennsylvania

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.