# Ideanomics completes acquisition of VIA Motors for $630 million

Ideanomics Inc completed its all-stock acquisition of VIA Motors Inc for $630 million, after receiving regulatory approval. VIA Motors' management team, led by CEO Bob Purcell, has been retained.

- Type: Acquisition
- Announced: 2023-02-22
- Where: United States
- Value: $630.0M
- Status: completed
- Products: electric work trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ideanomics](https://endata.com/companies/47343.md) (acquirer)
- [VIA Motors](https://endata.com/companies/68701.md) (target)

## Sources

- [truckandbusbuilder.com](https://truckandbusbuilder.com/article/2023/02/22/ideanomics-completes-the-acquisition-of-via-motors), 2023-02-22: "The USD 630 million deal has finally gone through having received the necessary regulatory approval."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.