Ideanomics announces strategic investment in prettl electronics automotive to accelerate fleet and public charging applications in north america

New york, aug. 2, 2021 /prnewswire/ -- ideanomics (nasdaq: idex), ) ("ideanomics" or the "company"), today announced that it has made a strategic investment in prettl electronics automotive ("pea"), a business unit within the prettl group, a large german industrial company that manufactures and distributes components and systems for the automotive, energy, and electronics industries. the deal terms include a strategic investment of €7.5m (~$9m) for a 30% ownership stake.
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