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Q&A: VIA Delivers
Ideanomics Completes Via Motors Acquisition
Via will join Ideanomics Mobility, one of the company's three strategic verticals. Ideanomics Energy will become Via's preferred charging solutions provider.
January 26, 2023
Ideanomics and Via will also explore potential opportunities to utilize Via's VDRIVE skateboard with non-competing OEMs.
Photo: Work Truck/Via Motors/Ideanomics
2 min to read
First announced in August 2021, Ideanomics has finalized the acquisition of Via Motors. Ideanomics and Via will now collaborate to pair Via's electric work trucks with Ideanomics Energy's turnkey charging solutions.
As part of this, Ideanomics Energy will become Via's preferred charging solutions provider.
This relationship will enable customers to unleash the full potential of their new Via work trucks with AC and DC chargers, advanced wireless charging, and containerized charging. Ideanomics and Via will also explore potential opportunities to utilize Via's VDRIVE skateboard with non-competing OEMs.
"Our acquisition of Via Motors brings significant revenue generation potential to Ideanomics and its shareholders," said Ideanomics Executive Chairman Shane McMahon. "We cannot be more thrilled to welcome Via to Ideanomics."
Via will join Ideanomics Mobility, one of the company's three strategic verticals. Via CEO Bob Purcell and Via's management team will continue to lead the company with his decades of automotive industry experience and expertise.
Electric Trucks Go Modular
Ideanomics is a global company focused on accelerating the commercial adoption of electric vehicles (EVs). Via Motors is a U.S.-based all-electric commercial vehicle manufacturer.
Via's noted that its VDRIVE electric skateboard and VTRUX modular vehicle portfolio was designed from the ground up to meet the needs of commercial fleet operators and drivers.
Via will offer a full range of fit-for-purpose configurations with its chassis cab, including:
Last-mile delivery vans.
Box and stake trucks.
School buses.
Shuttles
And more.
BloombergNEF projects that more than 1 million battery-electric light- and medium-duty commercial vehicles will be on the road in the U.S. by 2030.
Ideanomics has been busy beyond the Via acquisition. In mid-2021, it completed the acquisition of US Hybrid. And in April 2022, the company helped New Jersey small businesses purchase medium-duty EVs.
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