Skip to main content

InvestorNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac to Scale Up Operations to Meet Growing Demand

Solectrac, an electric tractor manufacturer and an operating company of Ideanomics (NASDAQ: IDEX), today announced its move into a new Windsor, California-based 36,000-square-foot facility in a move to expand manufacturing and assembly capacity. According to the update, Solectrac has engaged the services of a leading, global automotive consultancy to design and implement a compliant and scalable manufacturing operation. Currently operational, the new facility is expected to run at full capacity by June 2022. “With the global agriculture market continuing its transition to electrification, we are pleased to expand our facilities so we can continue to scale up our operations, delivering best-in-class electric tractors to hobby farmers, vintners, rural lifestylers, commercial farmers and multi-acreage landowners,” said Solectrac CEO Mani Iyer. “Since Solectrac joined the Ideanomics family, the company has hired leading industry agriculture veterans to drive growth and to meet customer demands.”

To view the full press release, visit https://ibn.fm/z0ZgB

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, Ideanomics provides the solutions needed for the commercial world to commit to an EV future. For more information about the company, 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

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.