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InvestorNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Enters New Dealer Retail Partnership in the Southeast

Solectrac, makers of all-electric tractors and an operating company of Ideanomics (NASDAQ: IDEX), today announced the continued expansion of its certified sales and dealer partnership network with the addition of Columbiana Tractor LLC., located in Westover, Alabama. This marks Solectrac’s first certified retail location in the southeastern region. Under the new dealer partnership, Solectrac and Columbiana Tractor will deliver sustainable, electric tractor solutions to serve the region’s agricultural customers, hobby farmers, rural lifestylers and first-time tractor buyers. “Solectrac’s award-winning all-electric tractors continue to see increased demand across a range of agricultural and farm applications,” said Mani Iyer, CEO of Solectrac. “We are excited to have Columbiana Tractor as a valuable partner as we continue to build our dealership network across the United States. The importance of the southeast region as a customer base and the trusted sales and service of Columbiana Tractors made Columbiana a natural fit for our next dealer location. As Solectrac continues to grow and scale, we look forward to making electric tractors a sustainable option and the tractor option of choice for the agriculture and farm industry. By expanding our dealer network, our goal is to significantly increase our sales in 2022.”

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

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

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