Recent Investment from Geely Supports Infrastructure Build Out for ECARX Holdings (ECX)

1 hour ago 1

Miko Ilas

Fri, February 6, 2026 astatine 8:17 AM PST 2 min read

ECARX Holdings Inc. (NASDAQ:ECX) is 1 of the champion stocks nether $3 to put in. On January 12, Chinese car shaper Geely Investment Holding Ltd. agreed to put $45.6 cardinal into ECARX Holdings Inc. (NASDAQ:ECX), done the acquisition of 27,297,002 recently issued Class A mean shares of ECARX astatine $1.67 per share. The transaction is expected to adjacent soon, taxable to customary conditions, and the purchased shares volition beryllium taxable to a six-month lock-up period.

ECARX Holdings (ECX) Received $45.6M Investment from Geely

“Following the 2 task wins from Volkswagen Group past twelvemonth and our deepened strategical concern with Lotus Tech, this concern volition enactment the physique retired of our R&D hub successful Germany and infrastructure crossed cardinal maturation markets successful South America and Southeast Asia, providing america with the R&D, delivery, and proviso concatenation capabilities to substance our planetary expansion,” ECARX Holdings Inc. (NASDAQ:ECX) Chief Executive Officer and Chairman Ziyu Shen said successful a connection astir the transaction.

ECARX Holdings Inc. (NASDAQ:ECX) is an automotive computing level builder, focused connected gathering exertion for astute mobility successful China and internationally. Its halfway products see infotainment caput units, autonomous driving power units, integer cockpits, conveyance chip-set solutions, halfway operating systems, and an integrated bundle stack.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.