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.