Why Is Ideanomics (IDEX) Stock Gaining Today?
Source: Matthew Troke | Shutterstock.com Ideanomics (NASDAQ: IDEX ) stock is rising on Monday after the electric vehicle (EV) company revealed plans for new in-house design capabilities . According to a press release from the company, it’s looking to create a standardized design process across the company. It believes this will lead to the development of a more cost-effective and efficient development process. Adding to this, the company is working to develop a modular design for its various products. This will allow it to better meet the needs of its customers when designing and developing EVs and EV chargers. Ideanomics says that this approach will allow for low-cost customization by customers during the building process. IDEX Designers Will Act As Consultants Too Ideanomics’ in-house design studio will also work alongside third parties with its consulting services. The company anticipates this will act as another way for the development studio to generate revenue. Carlos Arroyo, chief designer at Ideanomics, said this in a news release. “During every step of the design process, we are putting the customers’ needs first.
Why Is Ideanomics (IDEX) Stock Gaining Today?
Source: Matthew Troke | Shutterstock.com Ideanomics (NASDAQ: IDEX ) stock is rising on Monday after the electric vehicle (EV) company revealed plans for new in-house design capabilities . According to a press release from the company, it’s looking to create a standardized design process across the company. It believes this will lead to the development of a more cost-effective and efficient development process. Adding to this, the company is working to develop a modular design for its various products. This will allow it to better meet the needs of its customers when designing and developing EVs and EV chargers. Ideanomics says that this approach will allow for low-cost customization by customers during the building process. IDEX Designers Will Act As Consultants Too Ideanomics’ in-house design studio will also work alongside third parties with its consulting services. The company anticipates this will act as another way for the development studio to generate revenue. Carlos Arroyo, chief designer at Ideanomics, said this in a news release. “During every step of the design process, we are putting the customers’ needs first.