Modena, Italy, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Energica Inside, the business unit of Energica Motor Company (a majority-owned subsidiary of Ideanomics (NASDAQ: IDEX)) dedicated to developing innovative solutions for e-mobility leveraging Energica’s unique technical know-how and IP, has signed an agreement to provide technology to help electrify the historic Nimbus Model C motorcycle. 

Nimbus is a motorcycle brand with a rich history, having been produced by Fisker and Nielsen of Copenhagen, Denmark, from 1919 to 1960. Nimbus has successfully achieved near-legendary status in Denmark and around the world due to its iconic design and character. As part of the agreement Energica Inside will support Nimbus’s release of the classic Model C as an electric motorcycle.

Carlo Iacovini, General Manager of Energica Inside, expressed enthusiasm about the collaboration, stating, "Energica Inside is ready to assist Nimbus in achieving their climate goals and electrifying their product. Our solutions leverage Energica's industry-leading EV design, engineering, and technology, providing a customized and proven solution for Nimbus."

Energica Inside's team of engineers and designers conducted a thorough technical assessment of the project to validate the definitive powertrain specification. This collaboration underscores Energica Inside's dedication to positively advancing technology across various sectors, including agriculture, maritime, aviation, racing, and urban mobility.

Carlo Iacovini further emphasized, "Technological innovation is the key to achieving zero emissions in electric mobility, and Energica Inside is at the forefront of driving this change."

The Agreement has been met with excitement at Nimbus Motorcycles, with Ib Mogensen, Chairman of the Board, expressing his satisfaction, "We find it excellent to combine the historic Danish motorcycle design with the superb Italian powertrain technology from Energica."

This collaboration is more than a partnership, it not only pays homage to the heritage of Nimbus motorcycles but also showcases the potential for integrating modern EV technology into classic designs, contributing to a more sustainable and eco-friendly future for the automotive industry.

About Energica Motor Company

Energica Motor Company S.p.A. is the leading manufacturer of high-performance electric motorcycles. With a focus on cutting-edge technology and sustainable mobility solutions, Energica continues to push the boundaries of electric vehicle innovation. For more information, visit www.energicamotor.com.

About Ideanomics 

Ideanomics is a global group with a simple mission: accelerating the commercial adoption of electric vehicles. By bringing together vehicles, charging and financing solutions under one roof, we are the one-stop partner needed to simplify the transition to and operation of any EV fleet. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit www.ideanomics.com. 

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Contacts: 

Ideanomics, Inc. 

Tony Sklar, SVP of Investor Relations 

1441 Broadway, Suite 5116, New York, NY 10018 

ir@ideanomics.com 

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