ECARX to invest $23M in Lotus Tech through private placement.

lunes, 29 de diciembre de 2025, 7:05 am ET1 min de lectura
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ECARX Holdings, a global mobility tech provider, has entered into a share subscription agreement with Lotus Technology to invest $23 million through a private placement. ECARX will subscribe for 16.8 million newly issued ordinary shares of Lotus Tech at $1.37 per share, subject to customary closing conditions. The investment is expected to close within 30 days. The strategic investment aims to broaden the collaborative framework between the two companies and deepen their existing relationship.

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