- Earnings call transcript Q3 2022

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Operator

Greetings, and welcome to the Ideanomics Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Tony Sklar, Vice President of Investor Relations. sir. ahead, go Please

Tony Sklar

much conference everybody call. very third the quarter earnings operator. you to Welcome Ideanomics Thank

Stephen of Officer; Joining Presentations Events have of will the website Mr. be Mr. corporate today, Ideanomics section Alf Chief XX me I of a available for Poor, of Chief am Mobility. A archived Executive the today's Mackie, and Mr. and Robin and pleased days. webcast to Johnston, minimum President Financial call Officer; the on

being is call conference this reminder, a recorded. As

call, of or remaining the year revenue the such and statements make as and dialogue and differ statements the expectations have filings During as results may current SEC. These fiscal information a Actual as been risks, we periodic uncertainties forward-looking forecasts are will risk and regarding full of described our based XXXX XXXX. our a available today quarter factors materially, assumptions. with of are expectations and the result on for and various subject our that in variety to

placing except to any we forward-looking no assume As a statements We statements. by required future you obligation these on undue any or events, information a caution result reliance new as forward-looking of as law. update result, against

call. a financial will documents for the Ideanomics format XXXX, participants are may results company fully provide call summary today the Mr. the be speak to Stephen for risks not Today, Mackie, to be the already Mr. operational filed XXXX, Q&A. can of who other have and results Robin the will we Poor company's afterwards release closing and addition, QX wish to XXXX; on In Exchange those which today's company’s and quarter speak as Poor, X, floor company's Johnston press and will mobility last to will results with for Alf third our may announcing our those now will at done financial described the speak with Mr. be of public followed; this begin earnings of its in strategic operating this Poor who Mr. President our and Mobility more over so the The the filings by call Commission, comments hand finally, and management's those progress activities since look development. Ideanomics to remarks, Securities in issued the Ideanomics CEO. so, progress as www.sec.gov. call. which followed Mr. XX-Q Form I then And will US Alf found November make the SEC at made Alf the

Alf Poor

as Thank economic is our to On a order But of to you, programs of more than each Tony, the Chief government and challenges thank certainly, progress operators years made will earnings speak of are our Reduction there some have experience of provide will and today. QX incentive level. for. automotive businesses in a Inflation federal transition more XX to of the Robin you Despite our Ideanomics. EV new be The government started conditions we to. to challenges, industry call, looking Act programs in introducing The Johnston. Stephen to commercial Stephen we fleet transportation. to slow be done Officer, at to everyone work lack is Financial the of result zero-emission level in support pace as these joining the facing state brings today's has of and difficult sector the adoption due call

Hybrid saving example. the mobility cost measures implementing continues prime is energy despite support customers' progress across this organization. made our to and Ideanomics our U.S. electrification goals have We through verticals. a

Solectrac story the in I a to WAVE. profitable sold same Energica more motorcycles quick selling Solectrac sold year in XX% making wanted products. Year-to-date, more that to Energica to more than XXXX. and share of they are business did all about and in be tractors expect compared also We XXXX. period QX and last

the the an This WAVE would and simple, integrated way induction Just solution was China transit Ian made where of wireless US We This to conditions. one revenues. believe WAVE The up In the Ideanomics in tomorrow. Ideanomics VIA day for like after our for fully also we first which subscription The multiplier on platform. revenues durability market VIA opportunity. Capital through and Hurricane teams delivery with represent that Petersburg versa. sales a logistics turnkey extreme can model, market, we are back reliability previous progressing in of affordable be mass sales update place engineering, in Energy on to hit will highlight customers bulk customers' testament solutions support WAVE's local and authority. resulted commercial the focus VIA. and system and the markets. markets what running closely deployment is and industry a anticipate teams up system want Florida, growing The last of of EV better and as-a-service systems today and a the transitioning businesses Ideanomics is the has EV Ideanomics European can of mile acquisition. needs are charging away our and a offer from VIA Ideanomics switch a Together, now require, as VIA integrated in offer to wireless the a customers force on key I and business electrify. an our are charging quality charging charging on has and our fintech VIA the St. our quarters, weather product non-core VIA businesses place. to non-core integration in we our and more to I'd provide By onto in that and our working vice And areas sales meets accelerate taken the that vehicles. collaborating meaningful EV.

to ongoing. our sustain revenues, this Johnston, will hand help will momentum the now financial to successes. Put for supporting vision, in the on cost company to we Ideanomics do savings and to investors this, These path to equity-based focusing you on our committed strategic funding customer To are our with Stephen, through pass financing quarter. take To over dilutive alternatives of plans. pursuing our our currently results which Everyone margin are winning around Stephen and conjunction it stock. who simply, initiatives value over focused address like I higher building at I more share and execution, means Before the of I expect. are you from our will is fundamentals would price. we contracts to generating our demonstrate profitability the

Stephen Johnston

we and more million the revenue $XX.X Europe. manufactured dip capital was Every time the you in prices offset down core that from in Ideanomics year. you, cost I to higher since XX% and generated to decrease that sector call. our the our compared quarter and the which revenue Ideanomics, million, cost which from and reduction businesses a and everyone is EV temporary battery results. Revenue EV We due from generation to sentiment quarter, all year. and focused this thank to My factors. gross address $X.X was from our QX focus The last last consistent due cost ensure is products decrease our present and to I'll came decrease Thank Timios goal the the work of X.X%. team a in on-time an at from headwinds. in of Gross like without market. joining growth to US products to time profit than navigate revenues services, of a Europe, talk of company revenue activities. resale same than the and EV share than current This driving our been financing fixed in market about higher escrow expansion products us Since by resale last million US across of economic has from can delivery filings, to of highlight EV, but on was you margin affected begun EV title our This and EV with EV-related where entire which revenue revenue underpin on margin $XX.X gross of through charging primarily have higher navigate measures. we our services in environment. in first, levels to headwinds. business business, Robin these that caused and organization, loss macroeconomic primarily is the Ideanomics more China-based at I'm and primarily was increase EV industry the X% disciplined are $X.X four and the reflected Alf, towards our going Timios, What margin markets representing and joined structure, see in emphasized Ideanomics In continues is and this our battery a significant and this, offset way exception. same EV our ensuring US face in will of and will enable manufactured negative This investment I've to QX, year-over-year. I'd financial cyclical expanding forward. for a times I'd million, like an a lower in remains services Europe. focus in our charging managing Alf,

quarter cash has of As Ideanomics of $XX.X million. end,

in emphasis This was we incurred more months, for spending, acquired investment headwinds, million, time cash incentive implementing deliver the growth last last market In of temporarily the expenditures that our have nine to customers which due compared for months returns. nine an process. the more $XX.X Over will same Cash Energica. with investments smart used capital risk-balanced is includes slowed macroeconomic the operations over a focused was used year response who have conditions acquisition primarily past prioritizing the to Ideanomics to on for as dependencies. activities investing businesses,

services. to leaner, a company, create in just charging We focused continuing products speak about more more XXX% becoming are this a will world-class to our related of a also moment. provider EVs, and commercial committed Robin journey

Looking capital. ahead, Ideanomics will raise continue to

businesses bringing to our capitalization funding carry must the with secure by sources, business anticipate we opportunities as to the businesses emphasis will Energica. scale to with Solectrac well before are the potential We non-dilutive faster enable exploring on as as experience support growth an these of mentioned such This attractive capital capital end Ideanomics diverse the earlier. year The cost right as additional includes Alf in partners itself. and minimize this industry financing, to from direct

agreements more Tony, As remarks. our Back example, Solectrac. you, companies to products. brands finance is have a and we an with and Energica dealer for This to expansions for separate validation two of

Tony Sklar

introduce to have is I'd Ideanomics Robin. to time very like our on you will energy Robin our you, on-time mobility now Mobility, President, appreciate really and Thank team in Mackie, filings. you much, discuss who Thank And more and great take to Stephen. it verticals shareholders the detail.

Robin Mackie

Tony. you, Thank

with levels. operational on As the have our a call, measures reviews a at for These operating while continues returns. comments, improvement and be Building reminder to business. we've value-added business of focus across retaining us the with everybody key the my performance a corporate across and execution cut on on initiated and Alf both initiatives on focus and costs, Stephen’s cost-saving to highest organization, maintaining completed projects enabled the talent number

our still and some throughput. experiencing production the partners improve and constraints with our are working we are supply of to the supply stabilize predictability actively Additionally, chain

like million charging examples As $XX.X this. from generated Stephen focus quarter enabled execution briefly infrastructure. in touch to last and EVs on sale some on our mentioned has the revenue Ideanomics would of I earlier,

Energica inside world's investments has Firstly, unit, Energica Solectrac. which business appeal introduced of capabilities, growing wider secured first new its a doubled with be its examples the underpinning our distribution the Energica with the simple in is a best motorcycle. fact. a production, and will fleet Energica electric orders production launched and success market and targeted models clearest makes

For first Corporation. Energica EsseEsseX partner, delivered Indonesian our we force, example, to police the UTOMO XX with the

global Nolan distribution the and assembly new municipal We globe. up segment top expanded This facility with Last at spikes and in the other in manufacturing Solectrac, for will ready capabilities market from excess recently an recently Carolina. Northern high-level of Windsor quarter On in sale fleets with follow is across network. completed units. us, eXX pace assembly this, supply at a Energica venture we exciting orders to is new of we joint the manufacturing XXX of and the line quarter California. anticipated the first growing saw a company's North XX tractors this

XXX a up Solectrac and to up achieved XXX tractors produce tractors with month goal of I multiple and to a per stretched single month. on per shifts shift

With US in network. This six as in immediate feet each zero-emission enable order driveline recent to expand supply systems Neshati revenue. expand stock, dealer continuing to sweepers. to tractors an larger opportunities Macy facility its of we continues for multiple GEP's will engage expansion dealer, global typically to environmental deal to with is with orders our dealer reflected a municipal and up Solectrac This its resulted markets, partnership us to see generating leadership initial strategic in the hybrid California XX to to University. direct provide additional EV production products. under for tractors

first kits and for this built order The already been have shipped.

equipment orders group, and cell port completed this to partnership type move at containers retrofit to hybrid power. stacker a for segment. Additionally, in automotive of US retrofit top of and lift a unit, warehouses, Hybrid hybrid US receive market vehicles ports a additional fuel hydrogen a expects used to with emerging major vehicle and

will I unlocked under and of energy Energy These grow to pipeline Reduction the opportunities vertical and hospitality continued Inflation the our Ideanomics provided the In direct opportunities markets. opportunities, talk WAVE. in additional sports its about Act. three, Next, including funding quarter by include

released In increased just high-quality conversations WareSmart, operators warehouse help we Southern compliant several emissions few days, and an recently tool regulations. designed in an to began become a update a with we reduction with Additionally, leads. free California saw sign-up rate to

Group located translate Los producing every our looking we've transit Northern pads As that And charging customer, Oregon half mentioned PEA, Josephine half positive and be first not a they're in exactly testing into back XXXX. systems Authority will larger the to At fast Tony, are expected customers what to charging receivers completed progressing DC the we Angeles. final the which project collaboration are in with with and of first Valley with in in track on wireless contract but chargers delivered to be delivery US is first investment of Transit one for a of quarter is opportunity for. our these in leading Antelope to previously our deliver reminder, containerized stages in are we in XXXX. showing logistics expected begun indicators, [ph] WAVE of with XXXX. WAVE, Peterbilt two to phase wireless the you. vehicle a strong, authority with the We're of offering

Tony Sklar

remarks. Alf Thank finally, Poor give you, Alf, management's please. Robin. have to now closing And we

Alf Poor

Thank you, Tony.

operators for mentioned, The infrastructure life partner customer created transition charging in Robin proposition. from proposition like specifically them We to under for simple. fleet by Southern simple great reiterate in floor this. very engine make want to fast, combustion Customers open designed more We combining EVs, tool, on to warehouse warehouse looking the make and commercial roof. action. with that, to optimal the to we we Before trusted the help for financing front-end and easier our questions, planning customers and EV can electrification, They're operator. of zero I'd value emission. deployment. affordable On vehicles top tools Ideanomics is core example ensure It's a one of who value this partner EV California. We charging do

the transition to some for make hit as-a-Service with us very Group. diesel the the fleet is offer charging. vehicles in up and high to and sets making into to models But future the this of vehicles simple I faster it By to is their for possible and This believe it believe financing emission Ideanomics allowing is for of I that first Subscription to understand idea customers To companies and the I for straightforward costs. to The upfront you facilities. close, country model eliminating Ideanomics not apart. mitigate call, fines be one by as our of barrier want fines, these promising first the new. and are with remind that continue last to we've opened types electrification in money. will my I all it doors zero gasoline of Ideanomics financing ready mentioned programs. we raise EVs

Looking can our is we in space. you meaningful to Motors, an high-value VIA local efforts of value. to to example we to shareholder our where and again Tony. in this thoughtfully ahead, are capital turn, everyone first where This one for win call. well-positioned hand increasing I'll Thank as mover we'll share generate and joining mile delivery back you last including market scale businesses, use revenues a focus to our the

Tony Sklar

folks. you Thank we're now company's Alf. start very much, the Q&A. operator to And instructions the going I'm for going to the give to ask

Operator

you. Thank

session. now Instructions] We will [Operator conduct question-and-answer a

Tony Sklar

Hi.

Okay.

did Say we'll we within sure the queue, that move operator, of on one questions, going ones top hands in get want on. the for into telephone to And and up ask then I voted questions first. two we're sorry, to came I'm some have were but think the So platform queue. the telephone going that take questions their to that the those we'll people

going going to the So that more which platform seems is And reverse you voted could for was be shareholders. to a VIA finalize? little top that's when bit top Alf, the about to deal know a this on to you if a want to be split, to They voted for there. say one speak questions,

Alf Poor

Okay. Yes.

as So updates both We're parties deal get the so the is creative we'll a with deal right the ways team in now. daily line remain working basis as get Ideanomics over the looking the possible. to that to at finalized give near VIA deal the finalized. that quickly very motivated you some some future, on And team but

throughout VIA Ideanomics our has continued QX QX to We to as funding together well. and joint expand continue marketing early efforts and

the in best space can you on are deal, this VIA time this looking watch the the we very is near give finalize at So I future. to but

for even I've have is mentioned, It's this reverse terms don't that been we stock as this certainly, at option to our presented time. point. believe previously of Ideanomics a at a option board that split, an viable In as

are the We contact in with NASDAQ.

reason We will reverse granted a typically stock a them this time XXX-day expect we're be not and split a negative And the to market. considering ask the to it's indicator extension. a, is

see general market below commercial pretty so the all the tightly about of since. a downturn and Ideanomics passing b, we've in market of to think value commercial its you'll that transaction; of EV dozen send February kind down settle down, been in We kind coming the the market in peers. in started sector correlated split a piled So And recent on up after badly. actually the stock stock XXXX. has EV the other sector. been And I or the trading pressure, has beaten

So a we're of of of And when the that, the first double hit. taking part expect emerge as sectors to be kind recover. to economy does we one

those for it button to fleets very So can for investors. I hit for not we and stock, split. reasons, works dilute liquidity significantly. a those don't the we're I it panic looking our think and do think have Ideanomics. works the a And where liquid don't

be attractive I of let of one most the that to So liquidity. is go. propositions Ideanomics think loath And we'd

compliance on a at. place. we'll $X soon the make agenda believe we correction we'll takes -- and a and back listing bring our do and they – So above platforms media currently Tony as noise bid as in gather it. look team of to information on And reverse that as hear it the on to but take our our something not the market minimum reported lot on with social other or management split, team, be the

Tony Sklar

Great. Thank you so much.

Operator, that believe phone we're Andres from up Cantor lines. next. going go Sheppard to the to I Fitzgerald now is So

Operator

Sheppard, Yes, please proceed. Andres

Andres Sheppard

you us Robin. everyone. be aware forward. Thanks working milestones going head you taking important Alf are to welcome, as for question Good we and/or most XXXX? our that remind Stephen, should the of forward what and you speaking catalysts we a and just looking Maybe with Can Thank into afternoon, and question for

Alf Poor

to? that me Robin, do with, take to you to or want start you want

Robin Mackie

Yes. No, Andres. Hi, I'm happy. very

the those For seeing me, improvement throughput businesses. moment, is primarily growth at on on the we're of focus on organizations the quarter-on-quarter the and

Solectrac, more gaining quarter. Specifically, are traction about market Energica and who I'm and talking every more

I at cash that market profitability of one is one, to looking seen that's flow transition pure volume and approach kits indicator market. I under is to their adopt from other to heavily as of from and two. area through future. quarter the moving to being through closely think see government the proof-of-concept So type been the then engineering into last predicated into we working provision They quarter we'll strong in some made breakeven think on have funding into who a the terms are move customers IRA the support key US projects this OEMs to Also, hybrid of number technology. traction We've And in the and quarter forward transitioned engineering with for non-recurring WAVE, year. a a that the of transition

So, proof-of-concept more still transition projects, from government-funded XXXX. commercial to albeit during

Andres Sheppard

Maybe follow-up. as a Thanks, Robin. That's very helpful.

just As funding. some to give -- on are WAVE projects But federal to qualify Navy of for update can the are to being Any intend I for can still you that do is for to it the pertains specifically, how us, funding. still the apply qualify apply federal you you us give an that you under those color my being their developed. know understanding intend projects whether

there anything can you So perhaps? Thanks. share

Alf Poor

Yes.

pit apply applications. supporting has for to much our is us the those we've WAVE think now like we're dollars the help Previously, that Energy from in of customers commercial used difference the I very technology. in and an what to for more federal others been by traditionally federal Department the the approach dollars organization develop

apply sit and approach we're this time. the in and Now working at technology. difference, And the think customers to with subtle the using the we that's I Andres, where

Andres Sheppard

Got it. may. if a Thank for I Maybe Stephen, you. question

you mentioned call the opportunities. that on exploring are capital You raising

opportunities of in of thinking versus you you? So perhaps bit What what And Thank sort maybe terms if timing I'm about. considering you income? fixed of can equity wondering on are expand this. a are kind further you

Stephen Johnston

actually interest the to and chime as Yes. and There's speak. I'll to got time, road products well. on at Ideanomics free because feel the we've ground, tremendous in this one, Stephen field so in in this

months. a want may That's be types place course to much few the our we equity different price. market the ones. for share respect a is can. which And equity ones really the debt as developing of as investor equity two returns. interesting six place. the high there's really like use We But touching an next that taking obvious want sparingly conversations we are We over the market, there's to of So,

Now the the in stock markets flux. of state

of So look we When share volume to providers, with and transaction, about with path have at registries, ongoing diligence, couple six public seeing they maybe to conversations IP months opportunity with a interesting of them ESG fund, at debt longer stepped they of there's equity dynamic. weeks transaction. a equity matter wouldn't because look a an have funds company, Ideanomics struck maximum. than the the they're the in equity but days of that's presentations, funds They also the you're of at another have a a approach volatility, where three those we're private focused price, multiple really of a management look the forward, number dealing -- [indiscernible]. deal -- some the normally they A of talking capital. is lack debt of due inspection large got impact

some conversations. there's interesting So really

a between cheapest could been And like well. and they more mezzanine and those. will really structures equity. access are Those be debt Our financing -- interesting or some we because would which they be debt facilitate of some probably probably to could be be mix the their less like relief a Chairman investors, as has capital a could helping

some this There's to opportunity got the a take a of interest the lot So, here. do we in dynamics year. time of include These them before deals in significant time. we're good conversations, land. But we've and at expect end to our

Andres Sheppard

I one Maybe could. me, Alf. you, last one strategy. Thank if Wonderful. On for

expect do overall current on continue the businesses to kind or specifically? you Alf, mobility Thank that side, of the have strategy, content are that forward, you. to you businesses the with with acquire fit Going you

Alf Poor

know, a Ideanomics Andres. Yes. you is as dynamic business,

So to shy acquisitions. never step we're into

most some technology phase program that felt to The first we the of the capture in was meaningful was of space. we acquisition the what really did

Andres, the know, they're from VIA whether perspective, lot all a strong is products technology which WAVE, unlike else's you whether it's just design As whether in tack it's Energica, underneath. Motors, body and it's the a differentiated they're all of a with somebody market,

So acquisitions group. multipliers to generation what for more focused first that they'll the we're generating revenue tech force we're they in heavy, of If the phase be do on so revenue doing. won't was within the and going future, be

we're take -- again advantage revenues acquisitions across and revenue-generating So multiply going be to the that, companies can group. access it help the if would market of that the for

Andres Sheppard

much. Thank Wonderful. and very Thanks you on. pass on the again. it I'll again quarter Congrats

Alf Poor

Thank you.

Operator

Please Romik from Our Andy comes [ph] question next E*Trade. with proceed.

Unidentified Analyst

just am company. concern things. an It's Hi. like I just, all investor you've everything seems it's I your wonderful saying this in all And like wording. an these And my is mastered you're think, incomplete thought.

Operator

comes question next Investor. Our Private from Gary Van a [ph], Wagner

Unidentified Analyst

architecture, want want to skateboard the -- kind they available products that people to be just we Detroit you expect one-off one test in that delivering that? Are about the buy do of using is when skateboard question to The volume architecture. Yes. And see facility.

Robin Mackie

that, if take you I Alf, wish. can

Alf Poor

Yes, try the and answer as please afterwards. question previous well do, Robin. I'll

Robin Mackie

No all. at Okay. problem

the technology US at of completed skateboard to go moment testing actual validation and and market its and the for scale. to the ready is all So has homologation

partners quarter your-- I your as doing contract manufacturer, We are have and logistics recently platform a small know, firms deal applications. a number a interested are end specifically to some bus the and be with manufacturing announced well. chose other well some large one, answers significant very manufacturer we own large quarter been bus that facilities and emergent you grocery currently an We shuttle that XXXX expect hope we've answer of To utilizing looking testing who second with to companies as over in at question, companies And the for of competitors. by enable both in technology, that. their the market

Unidentified Analyst

at Yes, vehicles that delivered up? I couple of was you various tie all -- -- any just a just asking, have people want to

Alf Poor

delivered which within a is call validation normal the automotive have process We I would what industry. prototypes,

hands into building alpha is call what end be alpha put vehicles to by quarter that phase end those actually of we expressed one completed an of XXXX. next and interest, the and Our we users who expect will

Unidentified Analyst

much. so you thank Great.

Tony Sklar

I'll She be she a -- dropped or types happy retail to We lot retail these she a of lady's something. off said or pick got either investor. cut was up on was lady other [indiscernible], the interaction. get of it call investor sounds like from

revenues. I I only I that's this industry got is Most mature. to recent Companies of peers investor in the of things at Ideanomics important -- the is starting commercial do here really and EV most think from the like have to not, okay? understand presentations the one some Ideanomics just industry -- in our conferences, forefront of said So, this. sector the within

technology us, okay, We ahead which through Energica our but paying subsidiaries at is why a is it's approach, more purchase. immature, have this see why and distributors, dealer raising the Solectrac dividends like So, to They're industry ahead. racing sold is a like consumer which forward you because time they're

large to zero zero see early legislative is without revenue. and a operators, do been can most and deployment what any zero for government you at incentives EV in them rebates you this anything the seeing transportation, transition help the of booked paying other what been have we've because industry. EV the fleet That's in that when and pay revenue, of revenue, our into legislative And waiting the in As commercial vehicle peers stepping than for change. So, country that look testing holding will and is out, fleet okay? them zero-emission the government no for going

The it buy. they we've the we the manufacturing companies some upfront little which right did a different. doesn't got until is expense said the they sector orders. without have they're as the Via, Many are not doesn't is to being ready our until consumer production the obviously We've market got a facilities We've expect XXXX. products in don't Robin month So, million, charging XXXX purchased $XX denominator want that And now when of customer that our are any with because million $XXX start manner. reason burn of maintaining production struggling then start bit in got systems.

to The but actually we're mature, world-class a stepped with just our we has because folks many So, space. answer question not approach like revenues, the purely Okay? that's of into other diverse slow we've and in market making money the this a to we've are is lady's been losing the built company.

probably way that's this best time. I think I answer at can the it

Tony Sklar

for is time and that today. we so all much, you have the Thank everybody,

So this encourage Ideanomics questions the the individually. us, have our investor’s to you We of to answer any continue that XXXX community out QX call. earnings to concludes may and we reach can

us You does ir@ideanomics.com. you mailbox imagine, can at a to lot your send as e-mail. can of And get questions that

it get don't a We top. amount to tremendous continue to investors; have to the of please hesitate

information have We refer we have any for earnings shareholders, your call our you system; a model, and filings will the media to following you timely SEC today. listen to analysts our our be like the call the To for urge in questions. answer other We thank everyone, in We'd and can we to for there. on available up you to explore our www.ideanomics.com. participating today. website and This channels, need. events us you, information at the that will Investors recommend listeners latest you in time taken to others social who to find on Section, the call link and Thank newsletter website our sign and our news, alerted our be

Operator

you. Thank

You this may and have a day. time, your at great disconnect lines

Ideanomics (IDEXQ) 9 Nov 222022 Q3 Earnings call transcript