Ideanomics, Inc. (IDEX) in New York City focuses on driving the adoption of commercial electric vehicles (EVs) and associated energy consumption. It recently finalized its majority ownership stake in Energica Motor Company S.p.A., expanding its offerings in the mobility sector. The company also plans to unveil a new state-of-the-art EV Experience Center in New Jersey, which is expected to be operational by the end of 2022 and will increase its ability to manufacture and showcase its products.
However, the stock could lose its listing in Nasdaq if it fails to regain compliance with Nasdaq’s listing rules promptly.
