>> WELCOME BACK TO CHEDDAR
NEWS, EVERYONE HAS THE ELECTRIC
VEHICLE SECTOR ACCELERATES ONE
AMERICAN-BASED COMPANY IS
INCREASING THEIR INVESTMENTS IN
THE LEAD TRACTORS
CHARGING INFRASTRUCTURE.
AND NOW ELECTRIC MOTORCYCLES
IDEANOMICS HAS RECENTLY CLOSED
AN INVESTMENT DEAL AND NOW HAS
A 70% STAKE IN ITALIAN ELECTRIC
MOTORCYCLE COMPANY
ENERGY CUP AND JOINING US NOW
IS SHANE MCMAHON EXECUTIVE
CHAIRMAN IDEANOMICS SHANE THANK
YOU FOR JOINING US HERE ON THE
SHOW TELL US MORE ABOUT THIS
INVESTMENT. WHAT DOES
THOSE SPECIFIC MOTORCYCLES
ENERGY TO BRING TO THE
IDEANOMICS PORTFOLIO.
>> WELL NUMBER ONE STRIKES
STRENGTHENS OUR BALANCE SO
ADDING ABOUT 10 MILLION
YOU KNOW INTO OUR COMPANY SO
THAT'S FIRST AND FOREMOST I
THINK IT'S REALLY SEXY AND
REALLY FILLS OUT OUR 2 WE'LL
PLAY. THESE MOTORCYCLES ARE NOT
JUST REGULAR MOTORCYCLES STATE
ARE TIME TESTED AND THEY ARE
RACE TEST SO ANYTHING LIKE
FORMULA. ONE FOR EXAMPLE OF
THAT RACE TECHNOLOGY BOILS
DOWN TO A FERRARI FOR CONSUMER
WATCH BMW. WHAT HAVE YOU THE
SAME IS HAPPENING WITH AGAIN
OUR BIKES ARE BIKES ALSO THE
EXCLUSIVE BIKES FOR
MORE WE SO ONLY MOTOR WE RIDERS
YOU SEE AN
URGENT BIKES THAT'S GOING TO BE
DONE ALL THAT TECHNOLOGY WHICH
IS ONE OF THE MAIN REASONS WE
INVEST IN THE COMPANY WAS A
TECH PLAY AS A MANAGEMENT PLAY
AN ATTACK LIKE.
>> WHAT ELSE WAS IT ABOUT THE
COMPANY THAT YOU
BELIEVE SAID AND APART FROM
COMPETITORS WHEN YOU WERE KIND
OF GOING OVER THE POTENTIALS OF
THIS DEAL.
>> WE GET INTO YOU KNOW,
THEY'RE BRED AND RACED
TECHNOLOGY, I'M GOING TO ITALY.
AND ALL OF
THAT CHECK. PROPRIETARY
ESPECIALLY GOING ON THE BATTERY
THE DRIVE TRAIN.
AND YOU KNOW FROM THE RACE
TECHNOLOGY AGAIN I KEEP
REPEATING MYSELF GOES ALL THE
WAY THROUGH INTO THE TO THE END
PRODUCT. THAT'S ACTUALLY ME
RIDING THE BIKE RIDE THERE
WHICH WAS AN IMMENSE AMOUNT
OF FUN. A RIDER THAT WORK IN
THESE BIKES IS FANTASTIC ABOUT
2 AND A HALF SECONDS OR THE 60
IF YOU CAN HOLD ON TO DO THAT.
AND THERE ARE IMMENSE AMOUNT OF
FUN.
>> WHY DID YOU WANT TO INVEST
IN ELECTRIC MOTORCYCLES WITH IN
THE EAST BAY IS WHAT MADE YOU
BELIEVE THAT THIS PARTICULAR
PART OF THE SECTOR WAS
POSITIONED FOR GROWTH.
>> WELL EVERYTHING IS GOING IN
THIS DIRECTION HE SPACE
AGAIN IDEANOMICS WE'RE FULLY
INTEGRATED COMPANY IN THE THIS
WAS A GREAT COMPLIMENT WHAT WE
CAN ADD TO OUR PORTFOLIO OF
VERSION AND WE THINK CONSUMERS
AGAIN ONE OF THE REASONS WE GOT
INTO THE COMPANY AS WE KNOW WE
CAN
EXPAND SALES, PRIMARILY ON NOT
ONLY WERE CYCLES BUT GETTING
BACK TO THAT ACT THIS TECH CAN
BE UTILIZED IN SO MANY
DIFFERENT FACETS OTHER THAN
WE'RE CYCLES SO BE IT SMALL A
SMALL TRACK THERE'S OTHER
THINGS THAT WE'RE CONSIDERING
WHICH WE WILL BE HAPPY TO
DISCUSS HERE VERY SHORTLY AND
BE BACK IN A SHOW TO DO SO.
>> AMAZING I LOVE THAT PROMISE
AND WE ALSO HAVE TO TALK ABOUT
SOME OF THE ATTRACTION FROM
CONSUMERS DURING THIS TIME, YOU
KNOW PEOPLE JOKE ABOUT ELECTRIC
PRODUCTS BEING QUIETER BUT
IT HAS ASHLEY IS TRUE IN SOME
CASES THE DEVICES OFTEN
MAKE LESS SNOW WAYS THEY ALSO
REQUIRE A LITTLE BIT LESS
CAN YOU SPEAK TO A LITTLE BIT
MORE OF THAT IN TERMS OF WHAT
THE CONSUMER EXPERIENCE IS LIKE
WITH ELECTRIC MOTORCYCLES
VERSUS THE TRADITIONAL BRANDS
AND PRODUCTS THAT PEOPLE MAY
HAVE BECOME ACCUSTOMED TO YOUR
WEATHER.
>> WHEN IT WHEN YOU'RE WHEN
YOU'RE DRIVING AND YOU'RE THOSE
MORE CYCLES GO BY THE LAW
THEY ARE VERY LOUD RAP TO ME
YOU KNOW AND THE PIPES VERY
LOUD AND I GREW UP THAT WAY SO
I ENJOY
THAT SAID AND I WAS COMPLETELY
CONVERTED WHEN I WAS WRITING
OVER THERE ON THE EPA. IT WAS
IT WAS AN IMMENSE AMOUNT
OF FUN. AND FROM A PERFORMANCE
STANDPOINT, THE PERFORMANCES
THERE THAT WORK IS AMAZING.
HOW THE HOW THE SET UP IT'S NO
DIFFERENT THAN YOU KNOW
WRITING OF TELLING TYPE BY THE
EQUIVALENT IN THE AND THE
PARTIAL VERSION WOULD BE LIKE
COUNTY. SO SAME RIDE YOU KNOW
SAME
THING FOR GREAT BALANCE OF
HAVING AND THAT'S NOT A FUN
THAT WAY AS A WRITER SO VERY
ENJOYABLE. BUT WITHOUT YOU KNOW
ANY OF THAT BUT AGAIN BEING
EVIE MAY SO
VERY LITTLE SOUND YOU STILL
HAVE THOSE RAMS THOUGH YOU KNOW
WHICH IS KIND OF
COOL AND BY THE WAY THE
EXHILARATION REALLY GOING TO
FEEL AND HEAR YOUR HEART BEAT
WHICH IS REPLACING THOSE LOUD
PIPES.
>> APPRECIATE THOSE COMPARISONS
TO BECAUSE AS WE ENTER THE
SPACE I THINK IT IS IMPORTANT
FOR A LOT
OF CUSTOMERS WHO MAY NOT BE
FAMILIAR WITH A LOT OF THESE
A LOT, THE PRODUCTS TO KNOW
KIND OF LIKE WHAT THE CALIBER
IS OF WHAT THEY'RE GETTING.
I DO WANT TO BRING UP THAT OVER
THE PAST YEAR YOU CAN WE DID A
BILLION DOLLARS IN
ACQUISITIONS FOCUSING. I LIKE
YOUR VEHICLES WHAT IS
IDEANOMICS MISSION MOVING
FORWARD IN THIS REGARD.
>> AGAIN THE MISSION IS TO BE
VERTICALLY INTEGRATED. THIS
AGAIN THROUGH THROUGH THE
HUNTER TOOK OFF.
PURCHASE WE'RE NOW IN THE 2
WILL SPACE JUST AS WE WERE WITH
SCOOTERS
AND MALAYSIA. WE HAVE AS YOU
MENTIONED EARLIER LETTER
TRACTORS WAS SELECT RACK ONE OF
THE BIGGEST ANNOUNCEMENT WE
JUST DID IS WITH VIA MOTORS IS
BEING RUN BY A GERMAN NAME OF
BOB PURCELL I'M BOB WAS ONE
OF THE PIONEERS IN THE ELECTRIC
VEHICLE SPACE WAY BACK IN THE
80'S AND SNOW COME TO FRUITION.
IT'S TAKEN THAT LONG TO GET TO
WHERE WE
ARE TODAY. VIA MOTORS AS YOU
BEHEMOTHS
FOR US AGAIN PART OF HER
MULTIPLE STRATEGY AND WE'RE
BUILDING CLASSED TO TO CLASS 5.
DELIVERY VAN SO THINK OF ALL
THE DELIVERY MAN TO BRING YOUR
YOU KNOW A LOT DOORDASH OR
FEDEX OR OTHER PRODUCTS
INTO YOUR HOME EACH AND EVERY
DAY SO THAT'S ONE OF THE MAJOR
THINGS
WE'VE DONE. SO WE WE HAVE AGAIN
A MUCH MORE HOLISTIC APPROACH
WE ALSO HAVE FORCE
INDUCTION CHARGING. SO IF YOU
CAN IMAGINE, YOU KNOW WITH TAKE
A VAN FOR EXAMPLE WE HAVE A
CHARGING PAD ON THE BOTTOM.
ALL YOU HAVE TO DO IS JUST ROLL
UP AND NEAR WHERE YOU HOLD YOUR
FLEET AND THE
CHARGES AUTOMATICALLY. AND NOW
I IF YOU HAVE YOUR MOBILE PHONE