XML 85 R64.htm IDEA: XBRL DOCUMENT v3.23.1
Description of business and organization - Merger and recapitalization (Details)
$ / shares in Units, ¥ in Thousands
1 Months Ended 12 Months Ended
Dec. 20, 2022
CNY (¥)
item
shares
Dec. 20, 2022
USD ($)
item
shares
May 31, 2022
USD ($)
$ / shares
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
Dec. 31, 2020
CNY (¥)
Dec. 31, 2022
USD ($)
$ / shares
Dec. 20, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
$ / shares
Business Acquisition                  
Preferred shares issued 90,724,289             90,724,289  
Preferred shares outstanding 90,724,289             90,724,289  
Number of ordinary shares for each preferred share 1 1              
Ordinary shares, par value per share | $ / shares               $ 0.000005  
Recapitalization Factor Per Share | $ / shares               1.19295710  
Recapitalization factor, pre-money equity value | $   $ 3,400,000,000              
Recapitalization factor, per share multiplier | $ / shares               $ 10.00  
Number of board members to elect | item 2 2              
Assets                  
Amount due       ¥ 911,589 ¥ 41,278   $ 132,168,000    
Amount of loan provided | ¥       6,395 1,093 ¥ 3,391      
Excess of the assets derecognized over the amounts due from the VIE | ¥       61,921          
VIE's                  
Assets                  
Amount due | ¥         ¥ 42,604        
Merger                  
Business Acquisition                  
Excess cost over proceeds ¥ 22,629             $ 3,252,000  
Aggregate proceeds 270,539 $ 38,870,000              
Cash proceeds 43,724 6,282,000              
Transaction costs 293,168             42,122,000  
Hubei ECARX Technology Co., Ltd                  
Assets                  
Amount of loan provided | ¥       252,287          
Hubei ECARX Technology Co., Ltd | VIE's                  
Assets                  
Cash | ¥       20,000          
Long-term investments | ¥       211,908          
Property and equipment, net | ¥       34,873          
Intangible assets, net | ¥       1,094          
Amount due | ¥       205,954          
Amount of loan provided | ¥       ¥ 252,287          
Effective annual interest rate (in percent)       5.00%          
Excess of the assets derecognized over the amounts due from the VIE | ¥       ¥ 61,921          
Geely Investment | Merger                  
Business Acquisition                  
Value of shares received 139,200 $ 20,000,000              
Luminar Technologies, Inc                  
Business Acquisition                  
Ordinary shares, par value per share | $ / shares     $ 0.0001            
Value of shares received | $     $ 15,000,000            
Luminar Technologies, Inc | Merger                  
Business Acquisition                  
Transaction costs ¥ 87,615             $ 12,588,000  
Ordinary Shares                  
Business Acquisition                  
Ordinary shares, par value per share | $ / shares                 $ 0.000005
Class A Ordinary Shares                  
Business Acquisition                  
Number of ordinary shares for each ordinary share 1 1              
Number of authorized unissued shares designated into this class 7,766,956,008 7,766,956,008              
Ordinary shares, par value per share | $ / shares             $ 0.000005    
Number of shares issued 282,564,117 282,564,117              
Class A Ordinary Shares | Mr. Shufu Li                  
Business Acquisition                  
Number of authorized unissued shares designated into this class 20,520,820 20,520,820              
Class A Ordinary Shares | Holders Of COVA Shares                  
Business Acquisition                  
Number of shares issued 5,870,357 5,870,357              
Class A Ordinary Shares | Merger Sponsor                  
Business Acquisition                  
Number of shares issued 5,250,000 5,250,000              
Class A Ordinary Shares | Geely Investment                  
Business Acquisition                  
Number of shares issued 2,000,000 2,000,000              
Class A Ordinary Shares | Luminar Technologies, Inc                  
Business Acquisition                  
Number of shares issued 1,500,000 1,500,000              
Class A Ordinary Shares | Lotus Technology Inc                  
Business Acquisition                  
Number of shares issued 1,052,632 1,052,632              
Class A Ordinary Shares | Existing Preferred Shareholders                  
Business Acquisition                  
Number of shares issued 84,795,039 84,795,039              
Class A Ordinary Shares | Existing Ordinary Shareholders                  
Business Acquisition                  
Number of shares issued 193,216,446 193,216,446              
Class B Ordinary Shares                  
Business Acquisition                  
Number of ordinary shares for each ordinary share 1 1              
Number of authorized unissued shares designated into this class 958,958,360 958,958,360              
Ordinary shares, par value per share | $ / shares             $ 0.000005    
Class B Ordinary Shares | Existing Shareholders                  
Business Acquisition                  
Number of shares issued 48,960,916 48,960,916              
Common Shares, Class To Be Determined                  
Business Acquisition                  
Number of authorized unissued shares designated into this class 1,000,000,000 1,000,000,000              
Warrants | Holders Of COVA Warrants                  
Business Acquisition                  
Number of shares issued 23,871,971 23,871,971