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WAVE Charging names new general manager to expand operations

EditorEmilio Ghigini
Published 2024-03-11, 08:10 a/m
Updated 2024-03-11, 08:10 a/m
© Reuters.

SALT LAKE CITY - WAVE Charging, a subsidiary of Ideanomics (NASDAQ:IDEX (NYSE:IEX)), specializing in high-power, wireless charging solutions for commercial vehicles, has appointed Macy Neshati as its new General Manager. Neshati, an experienced leader within the Ideanomics group, will oversee operations and focus on expanding the customer base for WAVE Charging.

Neshati's background includes a tenure as CEO of U.S. Hybrid, an Ideanomics subsidiary, where he bolstered strategic partnerships and led the company to become a notable player in zero-emission solutions for specialty vehicles. His previous roles at the Antelope Valley Transit Authority and BYD (SZ:002594) have contributed to his expertise in electric vehicle technology, making him a strong advocate for WAVE's products.

With the electric commercial transportation sector gaining momentum, Neshati's appointment comes at a critical time for WAVE Charging. He expressed his commitment to advancing the company's role in the industry, stating his eagerness to propel WAVE in enlarging its market presence and delivering sustainable charging solutions.

Ideanomics CEO Alf Poor praised Neshati's appointment, highlighting his track record in the clean energy and transportation sectors as key to driving growth at WAVE Charging. Poor emphasized Neshati's strategic vision and deep industry understanding as assets that will help revolutionize the commercial vehicle charging landscape.

WAVE Charging, established in 2011, offers wireless EV charging systems ranging from 125kW to ultra-high power for the commercial fleet sector. The company aims to provide a more efficient alternative to traditional cable and pantograph charging methods for medium- and heavy-duty electric vehicles.

The information in this article is based on a press release statement from Ideanomics.

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