Going for a Long with ideanomics.
Despite their cost issues, Ideanomics is underevaluated and has a huge potential to participate actively in the worldwide energy transition. it still generate good revenues even so it's not yet verry profitable because they work on R&D which take a lot of money but it is necessary, it counts more than 500 staff, the turn over still verry low, IDEX is putting itself in a great position to create more opportunities to sell its EV products and services. Geographical expansion and strategic partnerships will help the company perform better for FY23 and future years.
Recent wars have exposed several countries to dangerous long-term weaknesses, contradictions and vulnerabilities. the problems of energy dependencies and climatic problems have put several European, Asian and American countries up against the wall.
The bad news is that we live in a world in which we want infinite and continuous growth while having finite resources. This is problematic and comes at the expense of nature, which is the common good of all humanity.
on the other hand the good news is that, each time a problem has arisen for humans, technology has been able to respond and offer solutions, that's why I think the future will be electric and hydrogen and to achieve this goal all states will invest en masse to get out of fossil fuels, strengthen the electrification of urban and non-urban areas and adopt electric cars.
In France, The ban on the sale of thermal cars is scheduled for 2035. But for companies, the change could take place sooner than expected. Indeed, to boost the second-hand market, an MEP proposes to oblige them to buy only electric cars from 2030.
In USA Joe Biden has outlined a plan to tackle the climate crisis by cutting emissions and tightening pollution standards for cars and trucks. The US President wants 50% of new US vehicles to be electric by 2030.
So I invite you to play the game and participate to this adventure if you agree with me
More information about the company for curious people, you can their website :
Company Profile
Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility’s focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy’s focus is charging and energy-related products and services, and Ideanomics Capital’s focus is providing financing support for the Company’s Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.
Other informations :
Ideanomics need to have better top-line strength to be able to solve its profitability issue.
The stock WILL NOT be delisted. They HAVE a compliance plan to present to Nasdaq. There is a process to all of this and that process is built for companies making legitimate progress.
Cheers !!
Despite their cost issues, Ideanomics is underevaluated and has a huge potential to participate actively in the worldwide energy transition. it still generate good revenues even so it's not yet verry profitable because they work on R&D which take a lot of money but it is necessary, it counts more than 500 staff, the turn over still verry low, IDEX is putting itself in a great position to create more opportunities to sell its EV products and services. Geographical expansion and strategic partnerships will help the company perform better for FY23 and future years.
Recent wars have exposed several countries to dangerous long-term weaknesses, contradictions and vulnerabilities. the problems of energy dependencies and climatic problems have put several European, Asian and American countries up against the wall.
The bad news is that we live in a world in which we want infinite and continuous growth while having finite resources. This is problematic and comes at the expense of nature, which is the common good of all humanity.
on the other hand the good news is that, each time a problem has arisen for humans, technology has been able to respond and offer solutions, that's why I think the future will be electric and hydrogen and to achieve this goal all states will invest en masse to get out of fossil fuels, strengthen the electrification of urban and non-urban areas and adopt electric cars.
In France, The ban on the sale of thermal cars is scheduled for 2035. But for companies, the change could take place sooner than expected. Indeed, to boost the second-hand market, an MEP proposes to oblige them to buy only electric cars from 2030.
In USA Joe Biden has outlined a plan to tackle the climate crisis by cutting emissions and tightening pollution standards for cars and trucks. The US President wants 50% of new US vehicles to be electric by 2030.
So I invite you to play the game and participate to this adventure if you agree with me
More information about the company for curious people, you can their website :
Company Profile
Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility’s focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy’s focus is charging and energy-related products and services, and Ideanomics Capital’s focus is providing financing support for the Company’s Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.
Other informations :
Ideanomics need to have better top-line strength to be able to solve its profitability issue.
The stock WILL NOT be delisted. They HAVE a compliance plan to present to Nasdaq. There is a process to all of this and that process is built for companies making legitimate progress.
Cheers !!