leadf
logo-loader
viewIdeanomics Inc

Ideanomics welcomes fuel cell expert Dr Liqing Hu as chief scientist for Medici Motor Works

Hu will lead the Medici Research Institute and manage a fuel cell research and development team in China

Ideanomics Inc -
Hu and his team designed and developed fuel cells for over 30 major projects on a national level in China (Photo courtesy of mp.weixin.qq.com)

Ideanomics Inc (NASDAQ:IDEX) announced Wednesday it is bringing on hydrogen energy expert Dr Liqing Hu as the chief scientist for Medici Motor Works.

Hu will lead the Medici Research Institute and manage a fuel cell research and development team in China, the New York-based company told shareholders.

With extensive experience in developing and applying fuel cell technology in industrial settings, Hu completed his postdoctoral research in China before working for Ballard Systems in Canada.

READ: Ideanomics: Meet the team that's unlocking the commercial electric vehicle market

Prior to joining Medici, Hu and his team designed and developed fuel cells for over 30 major projects on a national level in China.

"We are very excited to announce the hire of a distinguished executive to lead Medici Motor Works research and development institute," Ideanomics CEO Alf Poor said in a statement.

"As well as bringing us access to fuel cell technology, the establishment of the Medici Research Institute will ensure that Medici Motor Works stays at the forefront of hydrogen fuel cell and battery electric vehicle innovation."

Work at the Research Institute will focus on the main components of fuel cell membrane electrodes, bipolar plates, stacks, hydrogen supply systems, heat dissipation systems, fuel cell engines, and vehicle layout design and integration, all of which have independent intellectual property rights, according to Ideanomics.

Products range from several hundred watts to 120 kilowatts and will be applied vehicles and vehicular products under various scenarios such as ships, backup power sources, and combined heat and power supply, the company told investors.

Ideanomics facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products. Its electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, electric vehicle batteries and electricity, as well as financing and charging solutions.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Ideanomics Inc

Price: 0.8158 USD

NASDAQ:IDEX
Market: NASDAQ
Market Cap: $193.59 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Ideanomics Inc named herein, including the promotion by the Company of Ideanomics Inc in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Ideanomics acquires 15% of California-based e-tractor company Soletrac

Ideanomics (NASDAQ: IDEX) CEO Alf Poor joined Steve Darling from Proactive to bring news the company has taken a 15 percent stake in the E-Tractor company Soletrac.  That company is based in California. Poor discusses the reasons behind the investment and he also summarized the company’s...

1 week, 1 day ago

2 min read