Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, and its subsidiary, Energica, is working to identify new solutions for electric mobility. As part of those efforts, Energica Inside, Energica’s business unit dedicated to providing innovative solutions for e-mobility, has signed an agreement to develop cutting-edge projects with Plenitude (“Eni”) subsidiary, Be Charge. Be Charge specializes in the dissemination of infrastructure and charging services for electric mobility. According to the announcement, the first objective of the partnership is to apply electric mobility to the nautical sector through a joint innovative project for the installation of charging stations in Italian ports, resulting in providing customers with new displacement options in water. The announcement noted that the synergy between the two companies has already resulted in the development of a new maritime vehicle, a prototype of an electric jet ski, which features technology by Energica Inside. “This agreement represents an important chapter for us to expand our activities, and it is also an incredible opportunity to boost the electrification process in new industries,” said Energica Motor Company CEO Livia Cevolini in the press release. “This is a result that follows on the Energica brand vision towards the expanding of the Italian Electric Valley.”

To view the full press release, visit https://ibn.fm/wiXeL

About Ideanomics Inc.

Ideanomics is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation and financial services, the company provides solutions needed for the commercial world to commit to an EV future. For more information about the company, please visit www.Ideanomics.com.

NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX

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