Energica Motor Company S.p.A. , a leading manufacturer and distributor of high performance 100% battery-powered electric motorcycles, announced it had expanded its network to 20 dealers in the U.S. Energica motorcycles are manufactured in the heart of the Italian Motor Valley incorporating state-of-the-art, race-derived technology.

Ideanomics (NASDAQ: IDEX), (the Company) a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, is in the process of increasing its ownership stake in the company from 20% to approximately 70%.