Thursday 26 January 2023

US-based investment and EV services company Ideanomics (NASDAQ: IDEX), which is focused on driving the adoption of commercial electric vehicles and associated energy consumption, has closed the acquisition of US-based electric commercial vehicles maker VIA Motors International, Inc. in an all-stock transaction for a 100% ownership stake, the company said.

VIA Motors, headquartered in Orem, Utah, will manufacture electric commercial vehicles including Class 2 through Class 5 cargo vans, trucks, and buses.