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Five Innovators Working to Deepen Sustainability in EV sector

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Jun 07, 2021 (Investor Brand Network via COMTEX) -- Despite being just over a decade old, the electric vehicle ("EV") sector is poised to completely shake up the century-old automotive industry. Runaway climate change and global warming have shown just how much damage humanity has and continues to inflict on this blue rock we call home, and a large portion of the world has decided to switch gears. Zero-emission electric vehicles have emerged as the best solution, with the International Energy Agency forecasting that we will need around 245 million EVs on roads across the world by 2030 if we wish to meet climate change targets and reduce air pollution.

But while electric vehicles produce minimal emissions at the tailpipe, producing the lithium-ion batteries that power them takes quite a toll on the environment. These batteries aren't usually built with recycling in mind, and they most likely end up in landfills polluting the environment . Additionally, as their raw materials are rare, mining them has both environmental and ethical considerations . In a bid to make EV batteries…


NOTE TO INVESTORS: The latest news and updates relating to Ideanomics Inc. /zigman2/quotes/208536109/composite IDEX -5.98% are available in the company's newsroom at https://ibn.fm/IDEX

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US : U.S.: Nasdaq
$ 2.44
-0.16 -5.98%
Volume: 4.84M
July 23, 2021 12:58p
P/E Ratio
Dividend Yield
Market Cap
$1.10 billion
Rev. per Employee

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