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Stock impact report

ECARX Announces US$23 Million Strategic Investment in Lotus Technology to Deepen Global Partnership

ECARX Holdings Inc. - Class A Ordinary shares (ECX) 
Company Research Source: PR Newswire
LONDON, Dec. 29, 2025 /PRNewswire/ -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX" or the "Company"), a global mobility tech provider, announced that it entered into a share subscription agreement (the "Subscription Agreement") on December 23, 2025, with Lotus Technology Inc. ("Lotus Tech") (Nasdaq: LOT), to strategically invest US$23 million through a private placement.Pursuant to the Subscription Agreement, ECARX will subscribe for a total of 16,788,321 newly issued ordinary shares of Lotus Tech at a price of US$1.37 per ordinary share, subject to customary closing conditions. The investment is expected to close within 30 days following the execution of the Subscription Agreement. The ordinary shares to be issued in this private placement will be subject to a six-month lock-up period, with certain customary exceptions.The strategic investment is designed to significantly broaden the collaborative framework between the two companies, deepening the existing relationship into a more inte Show less Read more
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