WAVE Charging Appoints Macy Neshati as General Manager to Spearhead Expansion and Scale
11 März 2024 - 12:58PM
WAVE Charging, a wholly-owned subsidiary of Ideanomics
(NASDAQ: IDEX) and developer of high-power, wireless inductive
charging solutions for medium- and heavy-duty commercial vehicles,
proudly announces the appointment of Macy Neshati as General
Manager. In his new role, Neshati will take charge
of overseeing operations and driving the expansion of WAVE
Charging's current customer base, including the two confidential
commercial fleet customers previously
disclosed. Mr. Neshati brings a wealth of
experience to his new position, including experience as part of the
Ideanomics group of companies. Prior to joining WAVE Charging, he
served as the CEO of Ideanomics subsidiary U.S. Hybrid. During his
tenure, he played a pivotal role in enhancing and expanding U.S.
Hybrid's strategic partnerships with industry leaders such as
Global Environmental Products, Toyota Tsusho, and A-1 Alternative
Fuel Systems. Under his leadership, U.S. Hybrid transformed into an
industry leader renowned for its zero-emission solutions for
specialty vehicles. Neshati's professional
background also includes leadership roles at the Antelope Valley
Transit Authority (AVTA) and BYD, where he contributed
significantly to the advancement of electric vehicle technology.
AVTA, the First All-Electric Zero-Emission Transit Agency in North
America, is a key, longtime customer of WAVE Charging. Moreover,
many of WAVE's existing customers utilize their charging
infrastructure with BYD vehicles. Neshati's extensive experience
positions him as a staunch advocate for WAVE's products,
underpinned by a profound understanding of the benefits of WAVE's
high-power wireless charging from both customer and technology
partner perspectives. In response to his
appointment, Macy Neshati stated: "I am honored to join WAVE
Charging at this pivotal moment. The electrification of commercial
transportation is accelerating, and WAVE's innovative wireless
charging solutions are poised to play a crucial role in shaping the
industry's future. I look forward to leading WAVE in expanding its
footprint and delivering sustainable charging solutions to meet the
evolving needs of our customers." Ideanomics CEO
Alf Poor expressed his confidence in Mr. Neshati's ability to lead
WAVE Charging into its next phase of growth, stating: "Macy's
proven track record of driving innovation and growth within the
clean energy and transportation sectors makes him the ideal
candidate to lead WAVE Charging. His strategic vision and deep
industry knowledge will be invaluable assets as we continue to
revolutionize the commercial vehicle charging landscape."
About Ideanomics
Ideanomics (NASDAQ: IDEX) is a global group with a simple
mission: to accelerate the commercial adoption of electric
vehicles. By bringing together vehicles and charging technology
with design, implementation, and financial services, we provide
solutions for the commercial world to commit to an EV future. To
keep up with Ideanomics, please follow the company on social
@ideanomicshq or visit: https://ideanomics.com.
About WAVE Charging
Founded in 2011, with systems available from 125kW through to
ultra-high power, WAVE delivers made-in-America wireless EV
charging systems for the commercial fleet sector. With a
global-leading number of high-power, rigorously proven inductive
charging systems deployed, WAVE provides commercial fleet operators
with a faster, easier, and future-proof way to extend the range of
medium- and heavy-duty electric vehicles which avoid the hassle and
inefficiency of operations experienced with cable and pantograph
charging systems. Learn more at www.wavecharging.com.
Safe Harbor Statement
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements regarding the expected timing for the
filing of the Form 10-K, the Company's ability to regain compliance
with the Nasdaq requirements for continued listing and related
matters. These forward-looking statements are often identified by
the use of forward-looking terminology such as "believes,"
"expects," or similar expressions that involve known and unknown
risks and uncertainties. Any forward-looking statements contained
herein are based on current expectations, but are subject to risks
and uncertainties that could cause actual results to differ
materially from those indicated, including, but not limited to,
risks and uncertainties relating to the failure of the Company to
file the Form 10-K on its expected timeline and other risk factors
discussed from time to time in the Company's filings with the SEC.
These and other factors are identified and described in more detail
in the Company's filings with the SEC, including, without
limitation, the Company's most recent Form 10-K and Form 10-Q. The
Company expressly disclaims any intent or obligation to update
these forward-looking statements other than as required by
law.
Contacts:
Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
ir@ideanomics.com
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