Ideanomics Buys Into Energica Motor Company
IDEANOMICS BUYS INTO ENERGICA
Energica Motor Company S.p.A. (“Energica”) has signed an investment agreement with Ideanomics, Inc., which is a global company with a headquarters in the U.S. that’s been investing heavily in the EV space. With the investment of €10,909,091 (or roughly $13 million USD), Ideanomics will ultimately hold a 20-percent stake in the company’s share capital.
“We are proud to be part of this unified platform of which we fully share the vision”, says Livia Cevolini, CEO of Energica Motor Company S.p.A. “The creation of a network of innovative companies can only accelerate the growth and adoption of new technologies, such as sustainable mobility that sees us among the leaders. We are confident to make our contribution derived from decades of experience in the field of high-performing electric motorcycles. The investment will give further strength to the Energica growth already underway in recent years, thanks to the innovations brought to our products within the racing experience in MotoE.”