[6] The company provides turn-key vehicle, finance, leasing, and energy management services for commercial fleet operators.

Its Ideanomics Mobility division has a strong ‘Made in America’ theme, and boasts a market validated, and revenue producing, deployment of technologies and vehicles for high-growth commercial fleet segments such as last-mile and local delivery, wireless charging, Hydrogen fuel cells, and Agritech.

The company's vehicle division, Ideanomics Mobility, is headed by Robin Mackie who serves as the chairman.

[7] The company along with all of its subsidiaries filed for bankruptcy on December 4, 2024 in Delaware, with plans to sell all of its assets.

[10][11] In October 2018, they purchased a building at $5.2M UConn campus in West Hartford to move their operations to.