Geely-backed ECARX signs $750 million deal to build purpose-built robotaxis for May Mobility
AI Summary
ECARX, the automotive technology company backed by Geely founder Li Shufu, has signed a strategic framework agreement with May Mobility to supply thousands of autonomy-enabled vehicles for the American robotaxi operator’s commercial fleet. The deal, valued at approximately $750 million, pairs a Chinese-founded hardware supplier with one of the few US robotaxi companies that has […] This story continues at The Next Web
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