ECARX and MulticoreWare Announce Partnership to Deliver High-Performance Software for Intelligent Driving Solutions
ECARX Holdings Inc. (Nasdaq: ECX), a global mobility tech provider, has partnered with MulticoreWare Inc. to optimize algorithms for intelligent driving solutions on multi-core heterogeneous compute platforms. The collaboration aims to enhance performance for ECARX's advanced driving systems, integrating CPU, GPU, and DSP technologies. MulticoreWare has already achieved significant optimization of ECARX's vehicle software algorithms, now operational in the Lynk & Co 08 EM-P with positive market feedback.
The partnership focuses on improving edge intelligent driving systems, enhancing response times and accuracy, while accelerating time-to-market for mass production. This collaboration underscores ECARX's commitment to creating a robust ecosystem with automotive software and hardware manufacturers, driving mutual success and advancing the development of cutting-edge AI technologies for the global automotive industry.
ECARX Holdings Inc. (Nasdaq: ECX), un fornitore globale di tecnologia per la mobilità, ha stretto una partnership con MulticoreWare Inc. per ottimizzare gli algoritmi per soluzioni di guida intelligente su piattaforme di calcolo multi-core eterogenee. La collaborazione mira a migliorare le performance dei sistemi di guida avanzati di ECARX, integrando tecnologie CPU, GPU e DSP. MulticoreWare ha già raggiunto un'ottimizzazione significativa degli algoritmi software per veicoli di ECARX, ora operativi nel Lynk & Co 08 EM-P con feedback positivi dal mercato.
La partnership si concentra sul miglioramento dei sistemi di guida intelligente edge, aumentando i tempi di risposta e la precisione, riducendo al contempo il time-to-market per la produzione di massa. Questa collaborazione sottolinea l'impegno di ECARX nella creazione di un ecosistema robusto con produttori di software e hardware automotive, promuovendo il successo reciproco e avanzando nello sviluppo di tecnologie AI all'avanguardia per l'industria automobilistica globale.
ECARX Holdings Inc. (Nasdaq: ECX), un proveedor global de tecnología de movilidad, se ha asociado con MulticoreWare Inc. para optimizar algoritmos para soluciones de conducción inteligente en plataformas de computación heterogéneas de múltiples núcleos. La colaboración tiene como objetivo mejorar el rendimiento de los sistemas de conducción avanzada de ECARX, integrando tecnologías de CPU, GPU y DSP. MulticoreWare ya ha logrado una optimización significativa de los algoritmos de software vehicular de ECARX, ahora operativos en el Lynk & Co 08 EM-P con retroalimentación positiva del mercado.
La asociación se centra en mejorar los sistemas de conducción inteligente edge, aumentando los tiempos de respuesta y la precisión, al tiempo que acelera el tiempo de comercialización para la producción en masa. Esta colaboración subraya el compromiso de ECARX de crear un ecosistema robusto con fabricantes de software y hardware automotriz, impulsando el éxito mutuo y avanzando en el desarrollo de tecnologías de IA de vanguardia para la industria automotriz global.
ECARX Holdings Inc. (Nasdaq: ECX), 글로벌 모빌리티 기술 제공업체는 MulticoreWare Inc.와 협력하여 멀티코어 이기종 컴퓨팅 플랫폼에서 스마트 드라이빙 솔루션을 위한 알고리즘을 최적화했습니다. 이 협력은 CPU, GPU 및 DSP 기술을 통합하여 ECARX의 첨단 주행 시스템의 성능을 향상시키는 것을 목표로 합니다. MulticoreWare는 이미 ECARX의 차량 소프트웨어 알고리즘에서 상당한 최적화를 달성했으며, 현재 Lynk & Co 08 EM-P에서 운영 중이며 긍정적인 시장 피드백을 받고 있습니다.
이번 파트너십은 엣지 지능형 주행 시스템을 개선하고 응답 시간과 정확성을 높이며 대량 생산을 위한 시장 출시 시간을 단축하는 데 중점을 두고 있습니다. 이 협력은 ECARX가 자동차 소프트웨어 및 하드웨어 제조업체와 함께 강력한 생태계를 구축하고 상호 성공을 이끌어내며 글로벌 자동차 산업을 위한 최첨단 AI 기술 개발을 촉진하고자 하는 의지를 강조합니다.
ECARX Holdings Inc. (Nasdaq: ECX), un fournisseur mondial de technologies de mobilité, s'est associé à MulticoreWare Inc. pour optimiser des algorithmes pour des solutions de conduite intelligente sur des plates-formes de calcul hétérogènes à plusieurs cœurs. Cette collaboration vise à améliorer les performances des systèmes de conduite avancés d'ECARX, en intégrant des technologies CPU, GPU et DSP. MulticoreWare a déjà réalisé une optimisation significative des algorithmes logiciels de véhicule d'ECARX, désormais opérationnels dans le Lynk & Co 08 EM-P, avec des retours positifs du marché.
Le partenariat se concentre sur l'amélioration des systèmes de conduite intelligente en périphérie, en améliorant les temps de réponse et la précision, tout en réduisant le temps de mise sur le marché pour la production de masse. Cette collaboration souligne l'engagement d'ECARX à créer un écosystème robuste avec des fabricants de logiciels et de matériel automobile, favorisant un succès mutuel et faisant progresser le développement de technologies d'IA de pointe pour l'industrie automobile mondiale.
ECARX Holdings Inc. (Nasdaq: ECX), ein globaler Anbieter von Mobilitätstechnologie, hat sich mit MulticoreWare Inc. zusammengeschlossen, um Algorithmen für intelligente Fahrlösungen auf heterogenen Mehrkern-Computing-Plattformen zu optimieren. Das Ziel der Zusammenarbeit ist es, die Leistung der fortschrittlichen Fahrzeugsysteme von ECARX zu verbessern, indem CPU-, GPU- und DSP-Technologien integriert werden. MulticoreWare hat bereits eine signifikante Optimierung der Fahrzeugsoftware-Algorithmen von ECARX erreicht, die jetzt im Lynk & Co 08 EM-P mit positivem Feedback vom Markt betrieben wird.
Die Partnerschaft konzentriert sich auf die Verbesserung von intelligenten Fahrzeugsystemen am Rand, die Reaktionszeiten und Genauigkeit erhöhen und gleichzeitig die Markteinführungszeit für die Massenproduktion beschleunigen. Diese Zusammenarbeit unterstreicht das Engagement von ECARX, ein robustes Ökosystem mit Automobilsoftware- und Hardwareherstellern zu schaffen, um gemeinsam erfolgreich zu sein und die Entwicklung von innovativen KI-Technologien für die globale Automobilindustrie voranzutreiben.
- Partnership with MulticoreWare to optimize intelligent driving algorithms
- Successful implementation of optimized algorithms in Lynk & Co 08 EM-P
- Potential for improved response times and accuracy in intelligent driving systems
- Acceleration of time-to-market for mass production of advanced driving products
- None.
Insights
The partnership between ECARX and MulticoreWare marks a significant step in advancing intelligent driving solutions. By optimizing algorithms for multi-core heterogeneous compute platforms, they're tackling a key challenge in automotive AI: balancing performance with energy efficiency. This collaboration could lead to faster response times and improved accuracy in advanced driver assistance systems (ADAS).
The successful implementation in the Lynk & Co 08 EM-P serves as a proof of concept, potentially accelerating adoption by other OEMs. However, the real test will be in scaling this technology across diverse vehicle models and driving conditions. The focus on safety and robustness is crucial, as any glitches in ADAS can have serious consequences. While promising, investors should monitor real-world performance data and adoption rates by major automakers to gauge long-term impact.
This partnership positions ECARX strategically in the rapidly growing intelligent driving market. The global ADAS market is projected to reach
However, competition in this space is fierce, with tech giants and established automakers investing heavily in similar technologies. ECARX's success will depend on its ability to differentiate its offerings and secure partnerships with major OEMs beyond Lynk & Co. Investors should watch for announcements of new OEM partnerships and compare ECARX's technology benchmarks against industry leaders to assess its competitive edge.
SHANGHAI, Aug. 29, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, has partnered with MulticoreWare Inc. to optimize algorithms for intelligent driving solutions on multi-core heterogeneous compute platforms. This collaboration focuses on enhancing performance for ECARX’s advanced driving systems, integrating CPU, GPU, and DSP technologies.
MulticoreWare achieved significant optimization of ECARX’s vehicle software algorithms, which are now in operation in Lynk & Co 08 EM-P receiving positive market feedback. Through continued technological innovation and market practice, the intelligent driving technology products delivered by ECARX are providing users with a safer, more efficient, and personalized travel experience.
MulticoreWare and ECARX will jointly optimize the performance of edge intelligent driving systems, enhancing the response times and accuracy of intelligent driving systems. The partnership will also aim to accelerate the time-to-market for mass production of products with utmost consideration for safety and robustness. ECARX’s partnership with MulticoreWare underscores its commitment to creating a robust ecosystem with automotive software and hardware manufacturers, driving mutual success.
AGK Karunakaran, President and CEO of MulticoreWare, said, “We are thrilled to partner with ECARX, a leader in automotive innovation that has been delivering exceptional user experience. Together, MulticoreWare and ECARX will advance the development of cutting-edge AI technologies, driving the future of advanced driver assistance systems for the global automotive industry."
Ziyu Shen, Co-Founder, Chairman, and CEO of ECARX, said, “ECARX collaborates with MulticoreWare to efficiently deliver cutting-edge software features to our customers. By leveraging MulticoreWare’s expertise in heterogeneous computing optimization for ECARX Skyland Pro Intelligent driving platform, we aim to provide unique vehicle experiences to global OEMs.”
As a global leading provider of automotive intelligence solutions in the industry, ECARX is dedicated to advancing safe and efficient driving solutions through ongoing technological innovation and strategic partnerships. Its collaboration with MulticoreWare highlights significant potential and practical benefits for the widespread rollout of the ECARX Skyland Pro intelligent driving platform across various OEMs and vehicle models.
About MulticoreWare
MulticoreWare delivers software IP Solutions and Engineering Services serving a wide group of customers with solutions like Hardware Platform Compilers & Toolchains, SDK Libraries, Video codecs, and Algorithm & Data Engineering using vision & non-vision sensors (Radar, LiDAR, IMU, GPS). MulticoreWare’s solutions are used in Automotive (ADAS/AD), Surveillance, Defence, Smart Health, IoT, Industrial, Robotics, Smart Cities. Their industry-leading video codec products (x266™/x265/Ultraziq) are used in live streaming or VOD services across many broadcast customers.
About ECARX
ECARX (Nasdaq: ECX) is a global automotive technology provider with capabilities to deliver turnkey solutions for next-generation smart vehicles, from the system on a chip (SoC), to central computing platforms, and software. As automakers develop new electric vehicle architectures from the ground up, ECARX is developing full-stack solutions to enhance the user experience, while reducing complexity and cost.
Founded in 2017 and listed on the Nasdaq in 2022, ECARX now has over 1,900 employees based in 12 major locations in China, UK, USA, Sweden, Germany and Malaysia. The co-founders are two automotive entrepreneurs, Chairman and CEO Ziyu Shen, and Eric Li (Li Shufu), who is also the founder and chairman of Zhejiang Geely Holding Group — with ownership interests in global brands including Lotus, Lynk & Co, Polestar, Smart, and Volvo Cars. ECARX also works with other well-known automakers, including FAW and Dongfeng Peugeot-Citroën. To date, ECARX products can be found in over 6.9 million vehicles worldwide.
Forward-looking statements
This release contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, results of operations, financial condition, liquidity, prospects, growth, strategies, and the industry in which we operate. The use of words “expects,” “intends,” “anticipates,” “estimates,” “predicts,” “believes,” “should,” “potential,” “may,” “preliminary,” “forecast,” “objective,” “plan,” or “target,” and other similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, but not limited to, statements regarding our intentions, beliefs, or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies, future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, and the markets in which we operate.
For a discussion of these and other risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statement, see ECARX’s filings with the U.S. Securities and Exchange Commission. ECARX undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.
Investor Contacts:
ir@ecarxgroup.com
Media Contacts:
ecarx@christensencomms.com
SOURCE ECARX Holdings, Inc.
FAQ
What is the purpose of ECARX's partnership with MulticoreWare?
Which vehicle model is currently using ECARX's optimized algorithms?
How does the ECARX (ECX) and MulticoreWare partnership benefit the automotive industry?
What is ECARX's Skyland Pro Intelligent driving platform?
