Ideanomics, Inc. is a bankrupt American electric-vehicle and clean-mobility technology company based in New York City. The company has operated a portfolio of EV-related businesses, including electric commercial vehicles (VIA Motors), agricultural tractors (Solectrac), wireless charging (WAVE), and electric powertrain and fuel-cell systems (US Hybrid). On 4 December 2024, Ideanomics and several subsidiaries filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware with plans to sell substantially all assets.[3] In January 2025, Bloomberg News reported that Morgan Stanley asserted a $10 million transaction fee claim in the bankruptcy case.[4]
History
The company traces its roots to 2004 as China Broadband Inc. Through a series of name changes and strategy shifts (including You On Demand and Seven Stars Cloud Group), the business was rebranded Ideanomics, Inc. in 2017 under entrepreneur Bruno Wu.[5]
In October 2018, Ideanomics purchased the former University of Connecticut