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ECARX Technology Unveils a $150 Million Investment Deal
3 day ago /
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Author：小编
On November 1, ECARX Technology disclosed that it had entered into a securities subscription pact with ATW Partners, an investment firm headquartered in New York. According to the terms of this agreement, ECARX Technology has the option to issue convertible bonds worth up to $150 million. The capital secured through this issuance will be predominantly allocated towards fostering global business expansion. This encompasses expediting product innovation endeavors, forging deeper alliances with prominent automotive brands, and channeling investments into pivotal technological domains.
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