US Hybrid to deliver hybrid and electric street sweeper components
Ideanomics has announced plans for its subsidiary US Hybrid to Global Environmental Products with its proprietary electric and hybrid propulsion kits for use in the construction of 62 zero-emission street sweepers. GEP will then provide the sweepers to New York, California, the City of Helena, Montana, and Washington D.C.
AVTA buys electric vans from Ideanomics’ US Hybrid
US Hybrid, an Ideanomics subsidiary, has announced an order from Antelope Valley Transit Authority (AVTA). The transit agency expects US Hybrid to deliver 19 battery-electric vans for public transportation, but the vehicles must first undergo advanced testing.
Ideanomics invests in battery specialist InoBat
Ideanomics, a Chinese-US fintech and sustainable transport company based in New York has invested in the Slovakian battery specialist InoBat. The investment sum has not been disclosed but the sum should support the completion of InoBat’s R&D centre and pilot battery plant in Voderady, Slovakia, by the end of 2022.