By naming the company Wave Charging, Ideanomics is capitalising on the brand recognition built by Wave wireless charging. "Wave Charging brings all our charging solutions and services under one brand,” said Robin Mackie, COO at Ideanomics.

Wave Charging plans to manufacture its charging solutions and components in the United States, supporting local green jobs. The new entity will also explore strategic partnerships to strengthen its supply chain and accelerate the deployment of its charging solutions globally.

Ideanomics says it is solving the complexity of fleet electrification by bringing together high-performance electric vehicles, charging infrastructure and financing solutions all under one roof.