# ECARX signs components procurement and R&D services agreement with Geely Auto

ECARX has entered into a three-year components procurement and R&D services agreement with Geely Auto, effective November 14, 2024. The agreement covers annual caps of approximately RMB 6.39 billion, RMB 6.43 billion, and RMB 6.49 billion for 2025, 2026, and 2027 respectively.

- Type: Contract
- Announced: 2024-11-14
- Where: China
- Value: $883.0M (6.39B CNY)
- Status: announced
- Products: automobile components, R&D services for new energy vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ECARX](https://endata.com/companies/15432.md) (supplier)
- [Geely Automobile Holdings](https://endata.com/companies/27939.md) (customer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2024/11/18/2983161/0/en/ecarx-signs-components-procurement-and-r-d-services-agreement-with-geely-auto.html), 2024-11-18: "ECARX today announced that, on November 14, 2024, it entered into a components procurement and R&D services agreement with Geely Automobile Holdings Limited."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.