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Driving Commercial

EV Adoption

The Global Commercial EV Opportunity

Projected Global EV Market by 2025

$21.4B

Light Commercial
Vehicles

$7.6B

Medium & Heavy
Commercial Vehicles

$10.9B

Buses
(mostly municipal)

$30.0B

Taxis / Shared Vehicles

$18.7B

Value of Electricity Demand at Work, Public and Commercial Charging Stations

MEG Car Charging

Source: Long Term Electric Vehicle Outlook. BloombergNEF, May 2020.

MEG’s S2F2C Business Model

Comprehensive EV Solutions

An American Company with a Global Footprint

3 Priority Markets

Medici Motor Works Logo

USA

The Medici Motor Works division will develop North American specialty vehicle and pick-up truck market.

MEG Logo

China

MEG will drive the market in China with offices in Beijing, Qingdao, and Hangzhou.

Treeletrik

ASEAN

IDEX is the majority owner of Treeletrik, an approved EV manufacturer and distributor for Malaysia. Treeletrik will drive ASEAN commercial EV sales leveraging Chinese & Korean OEM partners for manufacturing.

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