ECARX, backed by Geely, signs $750M deal to build robotaxis for May Mobility
▼ Summary
– ECARX, a Chinese-founded automotive tech firm backed by Geely founder Li Shufu, signed a $750 million agreement with US robotaxi operator May Mobility.
– The deal involves ECARX supplying thousands of autonomy-enabled vehicles for May Mobility’s commercial fleet.
Li Shufu-backed ECARX, a leading automotive technology firm, has entered into a major strategic framework agreement with May Mobility. The deal, worth an estimated $750 million, will see ECARX supply thousands of autonomy-ready vehicles for the American robotaxi company’s expanding commercial fleet.
This partnership brings together a Chinese-founded hardware powerhouse and one of the few remaining U. S.-based robotaxi operators still actively scaling its operations. The collaboration marks a significant step for both companies as they push toward large-scale autonomous mobility deployment.
Under the terms of the agreement, ECARX will provide vehicles equipped with its proprietary integrated computing platforms and software stacks, designed to support May Mobility’s level 4 autonomous driving technology. The fleet will be built on Geely’s global vehicle architecture, blending ECARX’s hardware expertise with May Mobility’s proven autonomy system.
For May Mobility, this supply commitment secures a critical pipeline of purpose-built, production-ready vehicles. For ECARX, it represents a major commercial win in the competitive robotaxi supply chain market, and a vote of confidence from a respected U. S. operator.
The $750 million valuation reflects the scale of the planned deployment, which is expected to roll out over the coming years across multiple U. S. cities. Both companies have emphasized safety, reliability, and cost-efficiency as core priorities for the partnership.
(Source: The Next Web)
