ecarx

Chinese automaker Geely unveils first model of its new Lynk & Co brand in Berlin. Ullstein Bild Dtl. | Ullstein Bild | Getty ImagesBEIJING — Companies from Nvidia to Huawei are chasing the market for in-vehicle tech as the electric car industry booms, with Ecarx emerging as a new contender.Since 2017, Chinese car conglomerate Geely's founder and chairman, Eric Li, has been building Ecarx that provides software and chip systems for digital car cockpits and driver-assist.The company on Wednesday reported its…

ECARX develops hardware and software solutions that are essential for the development of connected, automated and electrified mobility.New Delhi: ECARX Holdings, a global mobility tech company, has entered into a merger agreement with COVA Acquisition Corp. Upon completion of the transaction ECARX expects to be listed on Nasdaq under ticker symbol "ECX", the company said in a release. The closing of the transaction is expected to occur in the fourth quarter of 2022.The transaction represents a combined company pro forma…

Luminar's Iris sensor LiDAR provider Luminar hopes the tie-up will enable scale-up on supplying tech for ADAS to OEMs in China. Luminar has announced it’s teaming up with ECARX, a mobility tech company, to collaborate on automotive grade technologies with the intent to enable advanced safety and automated driving capabilities in the production of consumer vehicles and commercial trucks. Luminar says the…

Luminar's Iris sensorNew Delhi: Global automotive technology company Luminar today entered into a partnership with ECARX, a global mobility tech company, to collaborate on automotive grade technologies with the intent to enable advanced safety and automated driving capabilities in the production of consumer vehicles and commercial trucks.As part of the collaboration, Luminar is also making a strategic stock-based investment in ECARX, it said.The partnership will further strengthen Luminar’s presence in China. This…

ECARX Holdings, a Chinese auto tech startup backed by Geely Holding Group's chairman, on Thursday said it would go public through a merger with a blank-check firm in a deal that values it at $3.82 billion.Chinese listings in the United States have been frozen for months, as Beijing and U.S. regulators have been locked in a dispute over the latter's demand for complete access to the books of U.S-listed Chinese companies.The deal with COVA Acquisition Corp includes a $45 million investment from mobility tech company Geely,…