VIA Motors, a commercial electric truck manufacturer, has been acquired by global EV company Ideanomics.
Ideanomics has been on a tear over the past two years, acquiring electric vehicle startups producing motorcycles, tractors, and electric delivery vans, all part of its mission to electrify mobility globally. Now, Ideanomics has acquired VIA Motors, an American commercial electric truck manufacturer that will be working to introduce its first vehicle and potentially license its hardware in the near future.
Ideanomics has brought some relatively interesting ideas to the table in terms of EV development. It even has ideas for completely wireless charging for EVs, a strategy that could be adopted for the all-electric Tesla Semi, among others.
“Our acquisition of VIA Motors brings significant revenue generation potential to Ideanomics and its shareholders,” says Ideanomics Executive Chairman Shane McMahon. ”We cannot be more thrilled to welcome VIA to Ideanomics.” The new acquisition joins five other businesses as part of Ideanomics’ electric mobility push, including its EV charger subsidiary, which “will become the preferred charging solutions provider for VIA.”
$IDEX + @VIAMotorsInc = fast, easy and affordable fleet electrification.
Combining VIA’s #electric work trucks w/ our wireless and containerized charging tech is a game-changer! pic.twitter.com/VQuWhexOGc
— Ideanomics (@ideanomicshq) January 27, 2023
According to the VIA Motors website, the company currently sells one vehicle, its cab-chassis electric truck, which can be outfitted with any standard bed or box, much like any other commercial van. The electric truck comes in three distinct lengths and is well-fitted for delivery use, in which case a box is fitted to the back.
VIA’s truck retains the power necessary for a commercial truck with a payload of 6,900 pounds, but its AWD electric drivetrain allows owners and operators to save on fuel and repair. The system uses an 82kWh battery, capable of a range of 114 miles, and can be charged in roughly 45 minutes from 0 to 100 percent using DC fast charging.
While these specifications may not be anything to brag about yet, VIA now has a couple of tricks up its sleeves after its acquisition today. Through Ideanomics’ other partnership with Energica Motors, VIA now has access to in-house designed motors, which have already made their way into Ideanomics’ tractor business, Solectrac. Furthermore, with fresh investment from the fund, VIA may be able to do something other van startups have trouble doing; producing.
This isn’t to say VIA faces no challenge in the electric van market, far from it. Ford currently controls most of the electric van segment with its E-Transit offering. At the same time, Rivian, through investment from Amazon, continues to ramp up production of its own electric van. Even Canoo, a company on the brink of bankruptcy only a year ago, is now entering production with thousands of new orders from Walmart and the U.S. Army.
Walmart commits to purchase 4,500 Canoo all-electric delivery vans
As Ideanomics continues to grow, it is continuing to become a far more formidable force in electric mobility, leaving many to wonder which other industries the company may look to invest in next. However, with each of its investments, it faces a significant challenge from the legacy brands within each industry. The coming year will certainly be a test as each of its brands looks to grow in the electrifying market.
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
News
SpaceX is partnering with chipmakers to enable Starlink satellite-to-cell service
President Gwynne Shotwell outlined the effort during a space industry conference in Paris.

SpaceX is working with microchip manufacturers to integrate satellite-connectivity hardware into smartphones, advancing its plan for direct-to-device services through Starlink.
The move follows the company’s $17 billion acquisition of wireless spectrum from EchoStar Corp., a deal that positions SpaceX to operate more independently of traditional telecom carriers.
President Gwynne Shotwell outlined the effort during a space industry conference in Paris this week, as noted in a Bloomberg News report.
Starlink direct-to-device
Starlink currently serves millions of customers in over 100 countries, primarily through ground-based dishes. The company, however, is now expanding into satellite-to-cell service, which should enable unmodified phones to connect directly with orbiting satellites. While SpaceX has a partnership with T-Mobile US, the EchoStar spectrum purchase gives it more control to negotiate with global carriers on its own terms.
“We’re working with chip manufacturers to get the proper chips in phones,” the SpaceX President stated. “We will now be initiating discussions with telcos in a different way now. Now it’s our spectrum, but we want to work with them, almost providing capacity and wholesaling capacity to their customers.”
The company plans to launch satellites capable of supporting its direct-to-device business within two years, with early mobile phone testing expected by late 2026.
Starship program continues test flights
Shotwell also addressed SpaceX’s Starship program, which recently completed its 10th test flight in August. She said the mission met all objectives, providing a critical morale boost to teams after a challenging development year.
“My Starship team needed that win,” Shotwell noted. “Development programs always are kind of a 24/7 operation, and I was really pleased for them.”
SpaceX is planning to fly one more iteration of the current Starship prototype, known as V2, before transitioning to the next-generation V3 vehicle. That version, expected to debut late this year or early 2026, is designed to be more capable and support eventual crewed missions to the Moon and Mars.
“The V3, which we want to fly hopefully late this year, but maybe early next year, is really the vehicle that could take humans to the moon and Mars,” Shotwell stated.
Elon Musk
Elon Musk says xAI has a chance to reach AGI with Grok 5
The comment came after Grok 4 posted strong results on the ARC-AGI benchmark.

Elon Musk suggested this week that his artificial intelligence startup xAI has the potential to reach artificial general intelligence (AGI) with the next version of its large language model, Grok 5.
The comment came after Grok 4 posted strong results on the ARC-AGI benchmark, which tests reasoning and problem-solving ability.
Musk sees Grok 5 as AGI candidate
In a post on X, user @amXFreeze shared the latest results of the ARC-AGI leaderboard, which showed Grok 4 outpacing rival systems such as OpenAI’s ChatGPT in problem-solving and open program synthesis tasks.
Musk reacted to the performance by stating that “I now think xAI has a chance of reaching AGI with Grok 5. Never thought that before.”
Artificial General Intelligence (AGI) refers to an AI system that is capable of matching or surpassing human-level intelligence across tasks such as thinking, reasoning, and other domains by a notable margin, as noted in a report from Benzinga. AI companies today are actively pursuing AGI.
xAI’s speed
While xAI was only established in March 2023, the startup has grown aggressively. Since its founding, it has rapidly risen in the AI segment and its Grok large language model has become a mainstream option for everyday users, especially on social media platform X. The company is still growing aggressively, and it is currently expanding its Colossus supercomputer cluster in Memphis.
During xAI’s Engineering Open House event in San Francisco in its early days, Elon Musk highlighted that speed would be the company’s primary competitive edge. To highlight this, Musk stated that “No SR-71 Blackbird was ever shot down and it only had one strategy: to accelerate.” So far, xAI is definitely playing this role very well.
News
Tesla lands new partnership with Uber as Semi takes center stage
Tesla and Uber will work together, using the company’s all-electric Semi, to make sustainable Class 8 electric trucks more affordable with three main strategies: Subsidized Pricing, Predictable Growth, and Optimization of Utilization.

The Tesla Semi has led to a new partnership between the company and Uber, as the two are launching a program that aims to revolutionize logistics by making sustainable commercial vehicles more accessible.
Uber announced on Tuesday that it was planning to launch the Dedicated EV Fleet Accelerator Program in a new partnership with Tesla. Uber’s Freight division is mainly responsible for the new program, which it calls a “first-of-its-kind buyer’s program designed to make electric freight more affordable and accessible by addressing key adoption barriers.”
Tesla and Uber will work together, using the company’s all-electric Semi, to make sustainable Class 8 electric trucks more affordable with three main strategies: Subsidized Pricing, Predictable Growth, and Optimization of Utilization.
- Subsidized Price: Fleets purchasing Tesla Semis through this program will receive a subsidy on the purchase price.
- Predictable Growth: Fleets will integrate their Tesla Semis into Uber Freight’s dedicated solutions for shippers for a pre-determined period. This creates an opportunity for carriers to forecast revenue with confidence, while shippers gain consistent access to reliable, zero-emission capacity.
- Optimize Utilization: Uber Freight taps into its extensive freight network to match carriers with consistent, high-quality freight from our strong shipper base—helping ensure the addition of these Tesla Semis stay fully utilized and carriers see dedicated, real, measurable returns from the start
Tesla will work directly with interested companies to iron out technical details about the Semi, as well as its cost of ownership based on the tailored needs of their business. Fleets can expect savings on the first day, Uber says, as they will avoid diesel fuel costs and reduced maintenance, a widely known advantage of EVs.
Uber announced that it had partnered with select carriers to pilot the Dedicated EV Fleet Accelerator Program prior to its launch:
“During the 2-month pilot program, the Tesla Semis showcased both reliability and efficiency for Uber Freight’s shipper network. Over 394 hours of drive time, carriers covered 12,377 miles. With an average net energy consumption of just 1.72 kWh per mile and only 60 hours of total charge time, these results highlight the operational viability of Tesla Semis on demanding freight lanes. “
In its press release launching the program, Uber effectively highlights how the use of the Semi can impact a company’s margins and profitability through fuel savings, reduced maintenance costs, and lower total cost of ownership.
This is something that turns so many people away from gas cars and toward EVs, so it’s no surprise that Uber wanted to emphasize this point on a larger scale with a company that utilizes a fleet of vehicles.
Tesla Semi shows strong results in ArcBest’s real-world freight trial
Tesla has been experimenting with a select group of companies, as well. It partnered with PepsiCo. several years ago, in an effort to launch a pilot program for the Semi. It had excellent results, showing higher efficiency, lower costs, and an exceptional ability to handle long runs.
Drivers have had a lot of positive things to say:
The Semi will enter mass production next year, but we anticipate that some companies will commit to Uber’s new platform well before then.
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