Energica Inside, the business unit of Energica Motor Company and a majority owned subsidiary of Ideanomics (NASDAQ: IDEX), is dedicated to developing innovative solutions for e-mobility leveraging Energica’s unique technical know-how and IP. The company today announced its entry into an agreement to provide technology to help electrify the historic Nimbus Model C motorcycle. 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. Under the agreement, Energica Inside will support Nimbus’s release of the classic Model C as an electric motorcycle. “Energica Inside is ready to assist Nimbus in achieving their climate goals and electrifying their product,” said Carlo lacovini, general manager of Energica Inside. “Our solutions leverage Energica’s industry-leading EV design, engineering and technology, providing a customized and proven solution for Nimbus.”

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About Ideanomics Inc.

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, Ideanomics is the one-stop partner needed to simplify the transition to and operation of any EV fleet. For more information about the company, visit www.Ideanomics.com.

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