To Assist with Growing its North American EV divisions, Ideanomics Announces...

To Assist with Growing its North American EV divisions, Ideanomics Announces Its Membership in CALSTART, a National Non-Profit Organization Focused on Accelerating Clean Transportation

"Ideanomics is pleased to announce its membership in CALSTART, a non-profit organization that facilitates the growth of the clean transportation technology industry resulting in clean air, climate stability and job growth. CALSTART's expertise lies in providing early adopters with leadership, connections and funding to accelerate the deployment of game-changing technologies which complements Ideanomics' efforts to drive Global commercial EV adoption. The CALSTART membership will assist in growing its wholly-owned subsidiaries,, WAVE and Medici Motor Works, Ideanomics North American heavy truck and specialty vehicle division, as well as portfolio company Soletrac.

Founded in 2011 and headquartered in Salt Lake City, Utah, WAVE is a leading provider of inductive (wireless) charging solutions for medium and heavy-duty electric vehicles (EVs). Its technology has been deployed since 2012 and has demonstrated the capability to develop and integrate high-power charging systems into heavy-duty electric vehicles from leading commercial EV manufacturers. WAVE's systems offer several compelling benefits over plug-in-based charging systems, including increasing EV range, reduced maintenance, improved health and safety, and expedited energy connection...."

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