Ideanomics invests €7.5M for 30% stake in Prettl Electronics Automotive

Ideanomics made a strategic investment of €7.5 million (~$9 million) for a 30% ownership stake in Prettl Electronics Automotive, a business unit of the Prettl Group, and will receive exclusive sales and distribution rights for its EV charging infrastructure in North America.

“Ideanomics, announced that it has made a strategic investment in Prettl Electronics Automotive (“PEA”), a business unit within the Prettl Group, a large German industrial company that manufactures and distributes components and systems for the automotive, energy, and electronics industries.”aithority.com

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• aithority.comIdeanomics Announces Strategic Investment in Prettl Electronics AutomotiveAIT News DeskAug 2, 2021

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