WAVE, a wholly-owned subsidiary of Ideanomics (NASDAQ: IDEX), and developer of high-power, wireless inductive charging solutions for medium- and heavy-duty commercial vehicles, today announced its facility expansion to accommodate the growing demand for its high-power wireless vehicle charging systems. Located across the street from the company’s current Salt Lake City headquarters, the new 12,000 square-foot facility will support WAVE’s expanding engineering, testing and production teams and provide more space for product line expansion. Employees will begin moving into the facility this week.
WAVE to Expand Utah Facility to Increase Manufacturing Capacity for High-Power Wireless Vehicle Charging
April 6, 2022