Ideanomics, Inc. announced to unveil a new EV Experience Center in New Jersey. The facility, expected to be operational by the end of 2022, will support product development and scalable production of new and existing products across its range of electrification solutions. The facility will be approximately 48,500 square feet, including over 4,000 square feet dedicated to showroom space.

Ideanomics' facility is expected to bring between 75 and 100 jobs to the state of New Jersey in executive leadership, commercial development, energy services, engineering, supply chain and logistics over the three years. The Ideanomics Experience Center will bean immersive environment with individual activation zones showcasing Ideanomics' range of commercial electrification solutions, including WAVE, Solectrac, U.S. Hybrid, and Ideanomics' investments in Energica and PEA. The facility will also support assembly, engineering and storage across Ideanomics' operating companies' business and operational needs on the East Coast.

It will also promote education and advocacy of electric and hydrogen-powered vehicles to commercial fleet operators.