ECARX raises CNY 1.3 billion in Series-A funding with investments from Baidu and other investors

On October 26, 2020, ECARX Co., Ltd. (ECARX), a Geely Holding Group subsidiary, announced that it completed a Series-A funding effort and received CNY 1.3 billion of investments. ECARX will have an estimated value of more than CNY 10 billion after the aforementioned funding which was led by Baidu, Inc. (Baidu) and fo....

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