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.
Geely-backed auto parts supplier ECARX announced on August 5 that it has reached a strategic cooperation agreement with AMD, an American semiconductor company.
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.