Recent investment from Geely supports infrastructure build out for ECARX Holdings (ECX)

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2026.02.06 16:33
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Geely Investment Holding Ltd. has agreed to invest $45.6 million in ECARX Holdings Inc. (NASDAQ:ECX) by purchasing 27,297,002 newly issued Class A ordinary shares at $1.67 each. This investment supports the infrastructure build-out for ECARX, which is considered one of the best stocks under $3 to invest in.