Geely Automobile Holdings Limited

Geely Auto Invests in Automotive Intelligence Technology Solutions Provider ECARX

Geely Automobile Holdings Limited (HK.0175) announced that it has signed a strategic investment agreement with ECARX Technology Co. Ltd. (ECARX) to acquire approximately 1.51% of the company in return for an investment of US$50 million. The investment represents Geely Auto’s latest move in the field of automotive intelligence. Founded in 2016 by two automotive entrepreneurs, […]

September 8, 2021 Industry News