Category: eV

Ideanomics receives NASDAQ extension to comply with Bid Price Rule and secures additional funding to increase EV and charging sales in the United States and Europe

Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that it has received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement under Listing Rule 5550(a)(2) (the "Bid Price Rule") through May 15, 2023.

Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels

China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today.

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