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ECARX Holdings surged 5.0279% in pre-market trading on January 15, 2026, driven by a strategic investment that signals renewed momentum for the automotive tech firm.
The company announced a $45.6 million funding agreement with Geely Holding, under which the automaker will subscribe to 27.29 million newly issued Class A ordinary shares at $1.67 per share. The price aligns with the volume-weighted average of Ecarx’s Nasdaq shares over the prior 20 trading days. The deal, pending standard closing conditions, includes a six-month lock-up period for the issued shares.

Geely’s executive vice chairman Daniel Donghui Li emphasized the investment as a testament to Ecarx’s role as a key technology partner in the automotive sector. The funding follows Ecarx’s recent partnerships, including a 2023 collaboration with Victory Giant Technology to scale high-performance computing solutions for next-generation vehicles.
Analysts note that the strategic partnership reflects a growing trend of cross-border investments in the automotive tech space. The deal is expected to catalyze Ecarx’s expansion into emerging markets and solidify its position in the global mobility ecosystem.
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