New York firm acquires Orem electric car maker VIA Motors - NewsBreak
By Vivian in Business
Updated 3 years ago
A New York City-based company with a division looking to boost the adoption of electric vehicles plans to acquire Orem-based VIA Motors International Inc. in an all-stock deal for up to $630 million. The transaction would give Ideanomics 100 percent ownership in VIA, which will manufacture electric commercial vehicles, including...