Driving Commercial EV Adoption - NASDAQ: IDEX June 2020 - Proactive Investors Australia
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Driving Commercial EV Adoption
NASDAQ: IDEX
June 2020
1
Disclosure and Forward-looking Statements
This presentation contains certain statements that may include 'forward The financial information and data contained in this presentation is
looking statements’ within the meaning of federal securities laws. All unaudited and does not conform to the Securities and Exchange
statements, other than statements of historical facts, included herein are Commission's Regulation S-X. This presentation includes certain estimated
'forward-looking statements’. Although the Company believes that the financial information and forecasts that are not derived in accordance with
expectations reflected in these forward-looking statements are reasonable, generally accepted accounting principles (GAAP), and which may be
they do involve assumptions, risks and uncertainties, and these expectations deemed to be non-GAAP financial measures within the meaning of
may prove to be incorrect. You should not place undue reliance on these Registration G promulgated by the Securities and Exchange Commission.
forward-looking statements, which speak only as of the date of this
presentation. The Recipient acknowledges that US securities laws prohibit any Person who
has received from an issuer any material, non-public information from
The Company's actual results could differ materially from those anticipated
purchasing or selling securities of such issuer or from communicating such
in these forward-looking statements as a result of a variety of factors,
information to any other Person under circumstances in which it is
including those discussed in the Company's periodic reports that are filed
reasonably foreseeable that such Person is likely to purchase or sell such
with and available from the Securities and Exchange Commission. All
securities.
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 Ideanomics,
2020 update theseInc.
forward-looking statements. 2
Overview
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
© 2020 Ideanomics, Inc. 3
The Global Commercial Vehicle Opportunity
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 Delivery City & Tourism Taxis
Vehicles Vehicles Buses
1 European Automobiles Manufacturing Association
© 2020 Ideanomics, Inc. 4
Revenue Opportunities for Ideanomics
Commercial EV Sales Expected Fees Derived from Group
Purchasing of Commercial Vehicles*
EV Sales – EV Sales – Requires
No Financing Required Lease-financing Funds Trucks, Specialty Vehicles, H2FC (MMW)–
6% to 8%
MEG Center Ex-China Sales Buses – 6% to 15%
in Qingdao (e.g., Treeletrik) Taxis – 2% to 4%
Delivery Vehicles – 2% to 5%
Electricity Sales
Expected Fees Derived from Selling
Pre-Paid Sales to Fleet Sales to Energy
Operators EV Charging Stations
Charging Stations (Revenue Share Model) –
100bps to 5%
Sales to 4-in-1 Energy Card
Pre-paid Wholesale Electricity –
5G Towers (with China UnionPay)
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.
5
© 2020 Ideanomics, Inc.
MEG’s Global Footprint
USA Saudi Arabia and Gulf Countries,
Europe, South America, Africa
CHINA
The company has started a dialogue and other markets will be
with several companies to gradually developed in the future.
develop sales cooperation with freight
trucks and other special vehicles.
ASEAN
3 + 4
MEG owns a controlling stake
in Treeletrik,.
3 Priority 4 Types Of New
Markets Energy Vehicles
Heavy Duty Trucks & Off-Road IDEX is the majority owner of Treeletrik, an approved EV manufacturer and
(USA, CHINA,
ASEAN) Machinery, Logistics Vans, distributor for Malaysia. Treeletrik will drive ASEAN commercial EV sales
Buses, Taxis & Ride Sharing
leveraging Chinese manufacturing advantages.
© 2020 Ideanomics, Inc. 6
Milestones Achieved in 2020
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
© 2020 Ideanomics, Inc. 7
Vehicle Pipeline for the First 6 Months of 2020*
(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
* This represents the incremental units added to our sales pipeline during the first half of 2020.
© 2020 Ideanomics, Inc. 8
Leadership - Executives
Dr. Bruno Wu / Chairman
Alf Poor / CEO Conor McCarthy / CFO Zhu Jun / MEG
Tony Sklar / VP Communications Drew Colvin / Kate Lam / Matt Fogel /
Head of Investor Relations VP Corporate Development MD Financial Products SVP Product
© 2020 Ideanomics, Inc. 9
THANK YOU Alf Poor / CEO Conor McCarthy / CFO Tony Sklar / VP Communications apoor@ideanomics.com cmccarthy@ideanomics.com tsklar@ideanomics.com 55 Broadway 19th Floor New York, NY 10006 Ideanomics.com NASDAQ: IDEX
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