Ideanomics completes acquisition of us hybrid, announces order

New york, june 11, 2021 /prnewswire/ -- ideanomics (nasdaq: idex) ("ideanomics" or the "company") today announced it has completed its previously reported may 12, 2021, definitive agreement to acquire 100 percent of privately held us hybrid, a manufacturer and distributor of electric powertrain components and fuel cell engines for medium and heavy-duty commercial fleet applications. the material details of the terms are disclosed in the company's related 8-k filing.
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