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Driving Commercial EV AdoptionNASDAQ: IDEXJune 2020
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Disclosure and Forward-looking Statements
This presentation contains certain statements that may include 'forward looking statements’ within the meaning of federal securities laws. All statements, other than statements of historical facts, included herein are 'forward-looking statements’. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this presentation.
The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
The financial information and data contained in this presentation is unaudited and does not conform to the Securities and Exchange Commission's Regulation S-X. This presentation includes certain estimated financial information and forecasts that are not derived in accordance with generally accepted accounting principles (GAAP), and which may be deemed to be non-GAAP financial measures within the meaning of Registration G promulgated by the Securities and Exchange Commission.
The Recipient acknowledges that US securities laws prohibit any Person who has received from an issuer any material, non-public information from purchasing or selling securities of such issuer or from communicating such information to any other Person under circumstances in which it is reasonably foreseeable that such Person is likely to purchase or sell such securities.
© 2020 Ideanomics, Inc.
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Overview
© 2020 Ideanomics, Inc.
Focused on facilitating the adoption of commercial electric vehicles & developing next generation financial services and Fintech products.
Headquartered in New York with offices in Beijing and Qingdao and operations in the U.S., China and South East Asia.
NASDAQ: IDEX
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The Global Commercial Vehicle Opportunity
© 2020 Ideanomics, Inc.
From 2008 to 2018, there were over 191 million commercial vehicles manufactured worldwide.1 As more countries like China implement “Blue Sky” policies, demand to replace gas-fueled vehicles with cleaner alternatives and the infrastructure to support them is expected to rise.
Trucks & Specialty Vehicles
Delivery Vehicles
City & Tourism Buses
Taxis
1 European Automobiles Manufacturing Association
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Revenue Opportunities for Ideanomics
© 2020 Ideanomics, Inc.
Commercial EV SalesEV Sales –No Financing Required
EV Sales – Requires Lease-financing Funds
Ex-China Sales (e.g., Treeletrik)
MEG Centerin Qingdao
Expected Fees Derived from Group Purchasing of Commercial Vehicles*Trucks, Specialty Vehicles, H2FC (MMW)–6% to 8%Buses – 6% to 15%Taxis – 2% to 4%Delivery Vehicles – 2% to 5%
Electricity SalesPre-Paid Sales to Fleet Operators
Sales to EV Charging Stations
4-in-1 Energy Card (with China UnionPay)
Sales to5G Towers
Expected Fees Derived from Selling Energy
Charging Stations (Revenue Share Model) –100bps to 5%
Pre-paid Wholesale Electricity –Spread on Markup
* The dollar value of the commissions earned is dependent on the government subsidy program in place at the time the order is completed.
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MEG’s Global Footprint
© 2020 Ideanomics, Inc.
The company has started a dialogue with several companies to gradually develop sales cooperation with freight trucks and other special vehicles.
USA Saudi Arabia and Gulf Countries,Europe, South America, Africaand other markets will bedeveloped in the future.
CHINA
MEG owns a controlling stake in Treeletrik,. 3 + 4
3 Priority Markets(USA, CHINA, ASEAN)
4 Types Of NewEnergy VehiclesHeavy Duty Trucks & Off-Road Machinery, Logistics Vans, Buses, Taxis & Ride Sharing
IDEX is the majority owner of Treeletrik, an approved EV manufacturer and distributor for Malaysia. Treeletrik will drive ASEAN commercial EV sales leveraging Chinese manufacturing advantages.
ASEAN
Milestones Achieved in 2020
© 2020 Ideanomics, Inc.
Built a Solid Foundation for Future Growth
• Reduced our debt by ~50%
• Cash at the end of June 2020 ~$34M
• Successful opening of the MEG Center in Qingdao
• Consistent progression of EV sales deals and partnerships
• Created pathway to electricity sales
• Progress on divesting non-core assets
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8© 2020 Ideanomics, Inc.
(as of June 29, 2020)
Vehicle Type # of Units
Buses 105,000
Heavy Trucks 6,000
Logistic Vehicles 400
Passenger Cars 2,072
Taxis 11,454
Vehicle Pipeline for the First 6 Months of 2020*
* This represents the incremental units added to our sales pipeline during the first half of 2020.
9© 2020 Ideanomics, Inc.
Leadership - Executives
Dr. Bruno Wu / Chairman
Tony Sklar / VP Communications Head of Investor Relations
Kate Lam / MD Financial Products
Alf Poor / CEO
Drew Colvin / VP Corporate Development
Matt Fogel / SVP Product
Conor McCarthy / CFO Zhu Jun / MEG
THANK YOU
55 Broadway19th FloorNew York, NY 10006Ideanomics.comNASDAQ: IDEX
Alf Poor / [email protected]
Conor McCarthy / [email protected]
Tony Sklar / VP [email protected]