ECARX Announces US$23 Million Strategic Investment in Lotus Technology to Deepen Global Partnership [Yahoo! Finance]
Lotus Technology Inc. - American Depositary Shares (LOT)
Company Research
Source: Yahoo! Finance
it entered into a share subscription agreement (the "Subscription Agreement") on December 23, 2025, with Lotus Technology Inc. ("Lotus T ech") (Nasdaq: LOT), to s trategically 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 integrated, strategic global partnership. Both companies will initially focus on deploying ECARX's Pikes® computing platform and Cloudpeak® cros
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LOT
News
- Lotus Technology Inc. Announces US$23 Million Strategic Investment from ECARX Holdings Inc.GlobeNewswire
- Lotus Tech Debuts its First PHEV, Advancing into Wider Markets [Yahoo! Finance]Yahoo! Finance
- Lotus Tech Debuts its First PHEV, Advancing into Wider MarketsGlobeNewswire
- Lotus Technology Reports Unaudited Third Quarter and First Nine Months 2025 Financial ResultsGlobeNewswire
- Lotus Technology to Report Unaudited Third Quarter 2025 Financial Results on November 24, 2025GlobeNewswire
LOT
Sec Filings
- 12/29/25 - Form 6-K
- 11/24/25 - Form 6-K
- 10/3/25 - Form SCHEDULE
- LOT's page on the SEC website