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ECARX Holdings Inc. - ECX STOCK NEWS

Welcome to our dedicated page for ECARX Holdings news (Ticker: ECX), a resource for investors and traders seeking the latest updates and insights on ECARX Holdings stock.

ECARX Holdings Inc. (Nasdaq: ECX) is a leading global automotive technology provider dedicated to delivering advanced solutions for the next generation of smart vehicles. Founded in 2017 and publicly listed on the Nasdaq in 2022, ECARX has rapidly scaled its operations with over 2,000 employees spread across 12 major locations, including China, the UK, USA, Sweden, Germany, and Malaysia.

At the core of ECARX's business are their system-on-chip (SoC) core modules, automotive computing platform products, and comprehensive software stacks. Their key offerings include infotainment head units, digital cockpits, vehicle chip-set solutions, and an integrated core operating system. Committed to automotive intelligence and networking, they are actively developing a full-stack automotive computing platform designed to enhance user experience while reducing complexity and cost.

ECARX's recent accomplishments highlight their innovative prowess and industry impact. In April 2024, ECARX announced a strategic partnership with China FAW Group Co., Ltd. to develop next-generation intelligent cockpits for the premium Hongqi brand of vehicles. This collaboration aims to set new benchmarks in the industry through joint research and development efforts. In May 2024, ECARX celebrated the first deliveries of the Lynk & Co 07 EM-P sedan, which integrates ECARX’s full-stack solution for digital cockpits and advanced driver-assistance systems (ADAS), including their proprietary Antora® 1000 Pro, Skyland Pro, and Flyme Auto technologies.

ECARX's strategic partnerships extend beyond FAW Group to include prominent automotive brands such as Lotus, Lynk & Co, Polestar, Smart, and Volvo Cars. These collaborations are a testament to ECARX's reputation for quality and innovation in the automotive tech industry.

For stakeholders and investors, ECARX provides a transparent and accessible view of its financial health and strategic direction. The company's annual report, containing audited consolidated financial statements, is available on the ECARX investor relations website. They also offer hard copies free of charge upon request.

With a solid foundation and a focus on innovation, ECARX continues to drive advancements in automotive technology, ensuring their products and solutions remain at the forefront of the industry.

News
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ECARX Holdings Inc. (Nasdaq: ECX) appointed Mr. Tan Su as a director, replacing Mr. Zhenyu Li due to personal reasons. Mr. Su, previously with Baidu, brings extensive experience in automotive intelligence and management. He holds a BS in geographic information systems and is currently pursuing an EMBA at Guanghua School of Management of Peking University.
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ECARX Holdings Inc. (Nasdaq: ECX) has announced the establishment of a joint venture with smart, a new-premium intelligent all-electric auto brand, through their respective subsidiaries. The joint venture, smart (Zhejiang) Software Technology Co., Ltd., aims to drive the development of industry-leading intelligent experiences within smart vehicles. This partnership will leverage each company’s respective brand resources and product development capabilities to build upon smartOS by expanding the research and development ecosystem, streamlining procurement and supply chain processes, and integrating teams of highly-skilled technical talent to drive vehicle development. ECARX and smart plan to integrate ECARX’s high-performance Makalu computing platform into smart series models, improving customer satisfaction, enhancing brand loyalty, and expedite the deployment of the ECARX Makalu computing platform across smart’s range of models.
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ECARX Holdings Inc. (Nasdaq: ECX) has announced a new strategic partnership agreement with Black Sesame Technologies to develop cutting-edge ADAS solutions and integrate intelligent driving capabilities into ECARX’s leading solutions. The partnership aims to drive innovation, achieve widespread adoption of intelligent driving, and accelerate the intelligent transformation of the global automotive industry.
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ECARX Holdings Inc. (Nasdaq: ECX) partners with Black Sesame Technologies and BlackBerry Limited (NYSE: BB; TSX: BB) to deploy its Skyland ADAS platform in Lynk & Co’s flagship SUV, the Lynk & Co 08. This marks the Company’s inaugural mass-production of the ECARX Skyland Pro and represents the first large-scale production and application of the Black Sesame A1000 chip for use in ADAS solutions.
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ECARX Holdings Inc. (ECX) announced the mass production of the Lynk & Co 06 EM-P SUV with the ECARX Antora 1000 computing platform, following the successful launch of the Lynk & Co 08 EM-P SUV. The ECARX Antora 1000 powers a 14.6-inch central control screen and a 10.2-inch TFT instrument cluster, offering advanced features such as online navigation, voice commands, karaoke, and e-sports. It boasts a SE1000 7nm high-performance automotive-grade system-on-a-chip, a high-performance NPU, 16GB memory, 128GB storage, and automotive-grade safety and security solutions.
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ECARX Holdings Inc. (Nasdaq: ECX) announced unaudited financial results for Q3 2023, with revenue up 50% YoY. Total revenue was RMB1,080.0 million, gross profit was RMB330.9 million, and net loss was RMB281.2 million. The company also highlighted new design wins, global expansion, and product updates.
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ECARX Holdings Inc. has announced the launch of the ECARX Skyland Pro, a new Advanced Driver Assistance System (ADAS) enabled product. It features a dual system-on-chip architecture, delivering exceptional performance and supporting L2+ advanced driving and parking. The platform also includes industry-leading bird's-eye view perception algorithms and a comprehensive ADAS feature set. ECARX Skyland Pro combines its dual SoC architecture with BlackBerry’s QNX software to provide robust safety features. The launch of ECARX Skyland Pro will be followed by the introduction of ECARX Skyland, a single SoC solution tailored for L2+ ADAS scenarios.
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ECARX Holdings, Inc. to report Q3 2023 financial results on November 9th
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ECARX Holdings, SiEngine, and XINGJI MEIZU Group celebrate the successful first delivery of the ECARX Antora 1000 Pro digital cockpit computing platform for the Lynk & Co 08 SUV. Lynk & Co 08 receives positive reviews for its cutting-edge intelligence concept. ECARX aims to improve delivery experience through regular OTA updates. The system is powered by two SE1000 SoCs developed by SiEngine, with a maximum expandable memory combination of up to 32GB RAM and 512GB ROM. Flyme Auto, the smart cockpit solution, integrates smartphones into vehicles for a seamless interconnection.
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ECARX Holdings Inc. is partnering with Mobileye to build a one box solution for self-driving on highways, planned for mass production in the Polestar 4 electric SUV coupé. The collaboration will also include a driver-assist solution and a cockpit-driving-parking integrated solution. ECARX will provide an integrated solution for Polestar, with Mobileye's technology adding active radar and lidar sensors. Polestar 4 is expected to be the world's first mass-produced car with Mobileye's AV technology.
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FAQ

What is the current stock price of ECARX Holdings (ECX)?

The current stock price of ECARX Holdings (ECX) is $1.93 as of December 20, 2024.

What is the market cap of ECARX Holdings (ECX)?

The market cap of ECARX Holdings (ECX) is approximately 614.2M.

What does ECARX Holdings Inc. do?

ECARX Holdings Inc. specializes in automotive technology, providing system-on-chip core modules, digital cockpits, vehicle chip-set solutions, and software stacks.

Where is ECARX Holdings Inc. headquartered?

ECARX Holdings Inc. is headquartered in Shanghai, China.

Who founded ECARX Holdings Inc.?

ECARX was founded by automotive entrepreneurs Ziyu Shen and Eric Li (Li Shufu).

What recent partnerships has ECARX Holdings Inc. announced?

ECARX recently announced a strategic partnership with China FAW Group Co., Ltd. to develop intelligent cockpits for the Hongqi brand of vehicles.

Which automotive brands use ECARX technology?

ECARX technology is used by brands such as Lotus, Lynk & Co, Polestar, Smart, and Volvo Cars.

How many employees does ECARX Holdings Inc. have?

ECARX Holdings Inc. has over 2,000 employees across 12 major global locations.

When was ECARX Holdings Inc. listed on the Nasdaq?

ECARX Holdings Inc. was listed on the Nasdaq in 2022.

What is ECARX's role in the Lynk & Co 07 EM-P sedan?

ECARX provides the full-stack solution for the digital cockpit and ADAS in the Lynk & Co 07 EM-P sedan.

Where can shareholders access ECARX's annual report?

Shareholders can access the annual report on ECARX's investor relations website or request a hard copy via email.

What is ECARX's mission in the automotive technology industry?

ECARX aims to enhance user experiences in vehicles by developing innovative, full-stack automotive computing platforms that reduce complexity and cost.

ECARX Holdings Inc.

Nasdaq:ECX

ECX Rankings

ECX Stock Data

614.20M
161.29M
62.92%
3.1%
0.06%
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