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ECARX

Mobility · Hangzhou, CN · ecarx.com

Automotive intelligence hardware and software company

Founders

Ziyu Shen (China · ♂) — As a senior executive at Geely's automotive research institute, Shen co-founded ECARX in 2016-2017 as chairman and CEO to build intelligent cockpit and autonomous-driving software platforms for cars.
Eric Li (Li Shufu) (China · ♂) — The founder and chairman of automotive giant Geely, Li Shufu co-founded ECARX to develop an in-house automotive technology platform across Geely's brands.

Funding history

Date	Round	Amount
May 2022	Incoming IPO ECARX, a Hangzhou-based automotive tech company backed by Li Shufu, agreed a $3.82B SPAC merger with COVA Acquisition Corp to list on Nasdaq, including a $45M investment from Geely, Luminar and Lotus Technology plus $300M from COVA's trust.	$3.8B

Investors

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COVA Acquisition Corp Geely Holding Group Lotus Technology Luminar Technologies

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