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Ideanomics Inc. announced Wednesday that its subsidiary Mobile Energy Global (MEG) has selected several manufacturers to fulfill its sales orders for electrical vehicle taxis in China. MEG taps manufacturers including Tesla to fulfill orders for EV taxis in China.
Ideanomics (IDEX) is a global company focused on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing next generation financial services and Fintech products.
In March, Ideanomics CEO Alf Poor tells that its new Mobile Energy Global division is 'beginning to ramp up sales' within its new Mobile Energy Global division, thanks to confirmed orders from commercial fleet operators.
Ideanomics CEO Alf Poor | Photo source: Ideanomics
Poor offered more insight into the recent purchase orders, and says the new division helps enable fleet operators to migrate over to electric vehicles and transition away from fossil fuels.
Proactive Investors reports that in addition to Tesla, The EV makers include BYD, Dong Feng Nissan, Chery, Kia, Geely.
A total of 11,254 units have been ordered, including:
Ideanomics said that for the city of Guilin order, with delivery already underway, MEG will provide 10 units of the Tesla Model 3 as a proof of concept, which could see the US electric vehicle maker support additional MEG orders in China.
BYD, Nissan, Kia, Geely, and Chery will round out the majority of partners for these orders, since MEG requires several partners to ensure that it can meet both cost and delivery requirements.