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ECARX, a mobility technology company, announced on November 14 that it has entered into an agreement with SPDB International (Hong Kong) Limited and CNCB (Hong Kong) Investment Limited for $65 million of convertible senior notes due in 2025.
Hangzhou-based Geely Auto launched its new Binyue Cool vehicle model on August 9. The car is positioned as a highly intelligent power SUV, with three versions available.
ECARX Holdings, a Chinese automotive technology startup, listed its shares on the Nasdaq on December 21 alongside special purpose acquisition company COVA Acquisition Corp.
On July 22, Ecarx, an auto startup co-founded by Eric Li, founder of China’s private automaker Geely, announced that it had formed an alliance with Luminar, a Florida-based lidar company.
Geely-backed auto parts supplier ECARX announced on August 5 that it has reached a strategic cooperation agreement with AMD, an American semiconductor company.