Price Target Changed • May 21
Price target decreased by 13% to US$3.28 Down from US$3.76, the current price target is an average from 4 analysts. New target price is 239% above last closing price of US$0.97. Stock is down 40% over the past year. The company is forecast to post a net loss per share of US$0.015 next year compared to a net loss per share of US$0.20 last year. Reported Earnings • May 21
First quarter 2026 earnings released: US$0.029 loss per share (vs US$0.077 loss in 1Q 2025) First quarter 2026 results: US$0.029 loss per share (improved from US$0.077 loss in 1Q 2025). Revenue: US$131.5m (down 22% from 1Q 2025). Net loss: US$10.6m (loss narrowed 59% from 1Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Auto Components industry in the US. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Announcement • May 20
ECARX Holdings Inc. Reiterates Earning Guidance for Full Year 2026 ECARX Holdings Inc. reiterated earning guidance for full year 2026. For the year, Based on current backlog and accelerating commercial pipeline, the company is reiterating full-year 2026 guidance of USD 1.0 billion to USD 1.1 billion in total revenue. Announcement • May 07
ECARX Holdings Inc. to Report Q1, 2026 Results on May 19, 2026 ECARX Holdings Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 19, 2026 Announcement • Apr 17
ECARX Holdings Inc. Announces Appointment of Lone Fønss Schrøder as Chairperson of the Board, Effective April 16, 2026 ECARX Holdings Inc. announced the appointment of Lone Fønss Schrøder as Chairperson of the Board of Directors, effective April 16, 2026. Ms. Schrøder is a Danish Citizen and joined the ECARX Board as a Director on October 31, 2025. Her appointment as Chairperson separates the roles of Chairperson and Chief Executive Officer, strengthening the Company's corporate governance framework. Ms. Schrøder brings decades of senior leadership experience across the automotive, technology, finance, logistics, and industrial sectors. Her board roles included time served as Vice Chairperson of Volvo Cars, where she served as Director from 2010 through a landmark period of electrification and software transformation, and Director of Ingka Holding B.V. (IKEA Group). She also serves as Chairperson of GSHAB, Ikano Bank and has held long-term board positions within the Aker Group. She served on the Volvo Cars Board from 2010 to 2025, including as Vice Chairperson from 2018 and as Chair of the Audit Committee. She is a Director of Ingka Holding B.V. (IKEA Group), Chairperson of Ikano Bank and GSHAB, and a long-term board member of companies within the Aker Group as well as advisor to ServiceNow and I Squared. In June 2025 she became the Chairperson of Geely Sweden Holdings. She brings deep expertise in corporate governance, global strategy, electrification, software-defined vehicles, AI and cross-border stakeholder relations. Announcement • Mar 23
ECARX Holdings Inc. Appoints Dylan D. Jeng as Chief Financial Officer, Effective March 23, 2026 ECARX Holdings Inc. announced the appointment of Dylan D. Jeng as Chief Financial Officer, effective March 23, 2026. In his role as CFO, Dylan Jeng will be based in ECARX's Singapore office where he will oversee all global financial strategy, planning, treasury, investor relations, and financial operations, driving financial discipline and scalability to support ECARX's accelerated global expansion. Mr. Jeng brings over two decades of international financial leadership experience across the technology and pharmaceutical sectors, with considerable experience at major accounting firms. Mr. Jeng comes with a proven track record in scaling global businesses, optimizing capital allocation, and delivering sustainable financial performance. His expertise spans cross-border financial management, global supply chain finance, investor relations, and prudent financial strategies, all critical capabilities as ECARX executes on its global growth strategy, including expanding its footprint across Europe, Southeast Asia, and the Americas, and deepening partnerships with leading global OEMs. Announcement • Feb 12
ECARX Holdings Inc. Announces Departure of Phil Zhou as Chief Financial Officer ECARX Holdings Inc. announced the departure of its Chief Financial Officer, Phil Zhou. Announcement • Feb 10
ECARX Holdings Inc. announced that it has received $100 million in funding from ATW Partners LLC, CNCB (Hong Kong) Investment Co., Ltd., ICBC International Investment Management Limited, SPDB International (Hong Kong) Limited On February 10, 2026, ECARX Holdings Inc. closed the transaction. The company raised $40 million in its final tranche. The transaction included participation from new investors CNCB (Hong Kong) Investment Co., Ltd., ICBC International Investment Management Limited, SPDB International (Hong Kong) Limited, and a global investment institution. Announcement • Feb 03
ECARX Holdings Inc. Debuts Zenith Computing Platform Powered by Snapdragon Elite Automotive Platform at CES 2026, Showcasing Unified, High-Performance Intelligent Cockpit/ADAS Fusion ECARX Holdings Inc. debuted a pre-production sample of its Zenith computing platform at CES 2026 in Las Vegas. This innovative and ground-breaking system offers a unified high-performance intelligent cockpit and ADAS architecture, powered by the Snapdragon Elite (SA8797) platform for automotive from Qualcomm Technologies Inc. This platform reflects the latest progress in the ECARX R&D roadmap, developing a diverse portfolio of solutions to allow seamless customization for automakers for global deployment. Developed in collaboration with Qualcomm Technologies and leveraging the powerful Qualcomm Oryon CPU, Qualcomm Adreno GPU and Qualcomm Hexagon NPU combination, ECARX Zenith showcases the capabilities of the Snapdragon Elite platform for automotive to run mixed-criticality intelligent cockpit and ADAS functionalities simultaneously on a single, high-performance system on chip (SoC). The platform demonstration features an immersive, premium-feeling 3D launcher, 5K ultra-high-resolution display, and Google Automotive Services (GAS) ecosystem integration. The Zenith platform shown at CES also offers a safety-critical 3D instrument cluster display built on QNX 8.0, showcasing mixed-criticality platform support, as well as advanced Level 2++ ADAS, built on S-Core open-source middleware in collaboration with Qorix. Beyond its current configuration, Zenith's modular design will allow automakers to scale performance based on their tailored capability requirements. The architecture supports additional hardware modules for Level 3+ autonomy and advanced telematics, providing a long-term, upgradeable solution. ECARX plans to use the Snapdragon Elite platform for automotive To develop a comprehensive portfolio of single-chip and dual-chip integrated solutions. The Zenith computing platform is currently being demonstrated as a sample, with production expected to begin in 2027. Announcement • Jan 23
ECARX Holdings Inc. to Report Q4, 2025 Results on Feb 12, 2026 ECARX Holdings Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 12, 2026 Announcement • Nov 03
ECARX Holdings Inc. announced that it expects to receive $150 million in funding ECARX Holdings Inc. announcement a purchase agreement private placement of Convertible Notes for up to an aggregate principal amount of $150,000,000 on November 3, 2025. The transaction participation from a New York-based investment company ATW Partners. The exclusive placement agent for the offering is D. Boral Capital LLC. Announcement • Nov 01
ECARX Holdings Inc. Announces Board Changes, Effective October 31, 2025 ECARX Holdings Inc. on October 31, 2025 announced the appointment of Ms. Lone Foenss Schroeder as a director of the Company, effective on October 31, 2025, to replace Ms. Ni Li, who has tendered her resignation as a director of the Company effective October 31, 2025 due to personal reasons. Lone Foenss Schroeder is an experienced international CEO and Chairperson with decades of leadership across the automotive, technology, finance, retail and industrial sectors. She has been a driving force behind high-impact partnerships among leading industry players, shaping transformative collaboration and innovation across the global industrial landscape. She currently serves as Chairperson of Geely Sweden Holdings AB and IKEA’s Ikano Bank, and as Chair of the Nomination Committee at Volvo Cars, where she has been a central force in the company’s shift towards electrification, software-defined vehicles, and new mobility models. Lone has previously served as CEO of Concordium, Wallenius Lines, and Star Air (Maersk), and spent more than 20 years in senior executive roles at A.P. Møller – Maersk. She is advisor for leading technology platform companies, including ServiceNow and works with AI, digital end-to-end platforms, and data-driven transformation. Lone is Danish and lives in Switzerland and holds master’s degrees in business & economics from Copenhagen Business School and the in law from University of Copenhagen, and studied Web3 Technologies at MIT Sloan School of Management. Announcement • Oct 15
ECARX Holdings Inc. to Report Q3, 2025 Results on Nov 03, 2025 ECARX Holdings Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 03, 2025 Announcement • Sep 25
Ecarx Delivers Next-Generation Ai Cockpit Experience for Launch of Lynk & Co 07 and 08 Em-P ECARX Holdings Inc. announced that its Pikes computing platform and Cloudpeak cross-domain software stack will deliver a next-generation AI cockpit experience for the launch of the new Lynk & Co 07 EM-P hybrid sedan and 08 EM-P hybrid SUV. Powered by the Qualcomm®? Snapdragon™? SA8295P automotive-grade SoC, Pikes®? delivers compute performance and serves as the hardware foundation to seamlessly support multiple features such as AI Agent, instrument clusters, 95-inch AR-HUDs, navigation, voice interaction, vehicle control, and infotainment, delivering an immersive, intelligent, and safe driving experience. Cloudpeak®? redefines vehicle intelligence by deeply integrating with the vehicle's E/E architecture, providing a solid foundation for Flyme Auto 2 and ensuring the "Eva" AI agent can smoothly execute across different domains. The HMI has been fully upgraded with a 12.3-inch instrument cluster display and an expanded 15.4-inch central touchscreen that supports immersive 3D SR real-time rendering, borderless smartphone-to-vehicle connectivity, dynamic wall papers, large-card widgets, and multi- task small windows, delivering a more intuitive and engaging user experience. This unified software foundation sets a new benchmark for vehicle interaction via natural voice interaction, transforming the cockpit from a feature-centric to a intelligence-centric experience. Announcement • Sep 17
ECARX Powers Global Launch of Geely Galaxy M9, Delivering A Next-Generation AI Cockpit Experience ECARX Holdings Inc. announced that its Pikes computing platform and Cloudpeak cross-domain software stack powered the launch of the all-new Geely Galaxy M9, delivering a next-generation AI cockpit experience. Customers for Galaxy M9 surpassed 40,000 within 24 hours after its pre-sales began on August 23, reflecting a strong demand for the model. Leveraging the 5nm Qualcomm®? Snapdragon™? SA8295P automotive-grade SoC, Pikes®? delivers sufficient processing power required for advanced cockpit graphics, fluid animations, and robust on-device AI, including end-to-end voice interactions designed for responsiveness even in offline situations. Galaxy M9's multi-display configuration paired with Flyme Auto 2 and multimodal large-model capabilities to offer an immersive, intelligent, and AI-driven experience. In addition to these features, Galaxy M9 debuts large-scale, mass-produced deployment of AI agent. Through fusion of multimodal large models with the vehicle's E/E architecture, "Eva", the AI agent in Galaxy M9, provides global understanding and execution across domains--in instrument, HUD, infotainment, vehicle control, and ADAS--creating a unified human-vehicle interface. Supported by Cloudpeak®?, the solution connects AI models to cross-domain vehicle functions, advancing the shift from feature-centric to intelligence-centric cockpit experiences. Announcement • Sep 12
ECARX Holdings Inc. Showcases Latest In-Vehicle Navigation System and Intelligent Driving Solutions At IAA Mobility 2025 ECARX Holdings Inc. unveiled a next-generation in-vehicle navigation system alongside the latest iteration of its Skyland New intelligent driving solution through its collaboration with ecosystem partners at IAA Mobility 2025 in Munich, underscoring the ongoing execution of its innovative, scalable and internationally compliant technology roadmap. ECARX's new global navigation system, integrated with HERE's advanced navigation platform, designed for rapid integration, multi-scenario adaptability, and seamless compliance with international data regulations across more than 200 countries and territories, while HERE's map data and solutions are deployed in more than 222 million vehicles globally, supporting ECARX's objective to shorten automaker development cycles while meeting regional regulatory requirements. The solution is already supporting models from Lotus, Lynk & Co, smart, and Hongqi, delivering dynamic, reliable, and personalized navigation experiences for drivers worldwide. ECARX also introduced the latest iteration of its Sky land®? New intelligent driving solution using a single system-on-a-chip architecture built on Black Sesame's Wudang C1236 chip. The single-chip solution offers L2+ assisted driving and parking features including map-free highway Navigate-on-Autopilot (NOA), Automatic Parking Assist (APA), and Remote Parking Assist (RPA) at a compelling cost-to-performance for seamless integration and scaled adoption. The Skyland®? solution based on Black Sesame's Huashan A1000 is also scheduled to launch on the all-new Hongqi H9, H9+, and E-HS9 models by late 2025. Announcement • Aug 29
ECARX Powers Launch of the Volvo XC70 Hybrid Mid-Size Luxury SUV ECARX has announced that its Antora® 1000 Pro computing platform and Cloudpeak® cross-domain software stack will power the intelligent cockpit of the newly launched Volvo XC70 hybrid mid-size luxury SUV. The XC70, which made its global debut and began pre-sales on August 27, 2025, is the first model to feature Volvo's SMA super hybrid architecture. The collaboration between ECARX and Volvo covered various aspects of the model's design and development, including hardware design, system architecture, operating systems, HMI, application ecosystem, functional safety, informational security, and quality control. ECARX's AI-powered features, such as multi-zone voice recognition and personalized driving-scenario automation, aim to enhance the in-vehicle user experience by providing seamless human-machine interaction. Volvo's minimalist design approach for the XC70 focuses on simplicity and elegance, distinguishing it from more complex interfaces in premium vehicles. Announcement • Aug 08
ECARX Holdings Inc. Powers Launch of Geely Galaxy A7 ECARX Holdings Inc. announced that its AI Enhanced Antora®? 1000 computing platform and Cloudpeak®? cross-domain software stack will power the intelligent cockpit of Geely Galaxy A7 plug-in hybrid sedan which officially launched in China. Powered by the ASIL-B certified AI Enhanced Antora®? 1 computing platform and integrated with a customized Flyme Auto OS on top of the Cloudpeak®? software stack, Galaxy A7 will offer an intuitive AI-driven interface with multi-zone voice recognition and seamless voice command capabilities, enabling drivers and passengers to control navigation, entertainment and vehicle functions without taking their eyes off the road. Galaxy A7 further extends the application of ECARX's solutions into the high-volume family sedan segment and represents a deeper integration of ECARX's solutions across Geely's ecosystem. ECARX solutions are driving the success of several of Geely's best-selling models, including the Galaxy brand - the fastest NEV brand to surpass the one-million cumulative sales milestone. This showcases how ECARX solutions can be rapidly replicated and scaled across multiple models cost-effectively and drive automaker sales growth and differentiation with unique user experiences. Announcement • Aug 04
ECARX Holdings Inc. to Report Q2, 2025 Results on Aug 26, 2025 ECARX Holdings Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 26, 2025 Announcement • Jul 30
ECARX Holdings Inc. Showcases its AI-Powered Automotive Solutions at WAIC 2025, Underscoring Global Leadership in Intelligent Mobility ECARX Holdings Inc. showcased its AI-driven intelligent cockpit and driving solutions at the 2025 World Artificial Intelligence Conference (WAIC) in Shanghai. ECARX demonstrated how its cutting-edge Antora®? series computing platform and latest AI-powered solutions are keeping global automakers at the forefront of technological advancement, underscoring its leadership in driving the era of software-defined vehicles. ECARX's Antora®? series computing platforms has become a benchmark for the seamless integration of intelligent cockpits, assisted driving and parking on a single, cost-effective platform. This level of integration--developed in compliance with ISO 26262 and meeting ASIL B functional safety requirements--sets new industry benchmarks for cost-effectiveness, safety, security, and performance. Multiple vehicles equipped with the Antora®? computing platform, including Geely Galaxy and Lynk & Co models that are sold across more than 20 markets globally, were also on display, showcasing the unique value proposition it offers automakers seeking integrated, cost-effective solutions that can accelerate their time-to-market. ECARX further reinforced its innovative leadership by unveiling its latest advancements in generative AI and multi-modal interaction. The Company's in-vehicle AI large model application, ECARX AutoGPT, and the generative in-vehicle HMI system, ECARXperience, were highlighted as the backbone for next-generation smart vehicle experiences. Supported by ECARX's robust hardware-software integration, these systems leverage AI agents to deliver context-aware, empathetic, and memory-capable in-vehicle interactions--redefining human-machine engagement. Building on its established mass-production capabilities and extensive investment in R&D, ECARX continues to break through conventional boundaries--combining scalable architecture, AI-powered interaction, and regulatory compliance with leading functional safety standards. Integration of intelligent cockpits, advanced driver assistance, and AI positions ECARX as a driving force behind the global shift towards fully intelligent mobility. Announcement • Jul 29
ECARX Holdings Inc.'s Cloudpeak Software Stack Powers Global Launch of Volvo EX30 Cross Country, Demonstrating Cross-Market Adaptability of its Solutions ECARX Holdings Inc. announced that its Cloudpeak®? cross-domain software stack is powering the global launch of the Volvo EX30 Cross Country compact electric SUV, which began sales in China on July 17, 2025 following its European launch in February 2025. ECARX's highly flexible Cloudpeak®? cross- domain software stack was built on unified global platform that allows global automakers to easily adapt their products for regional markets. For European markets, Cloudpeak®? offers Google Automotive Services ("GAS") certified intelligent cockpit system that integrates Google's extensive ecosystem of applications and services, while for the Chinese market, it seamlessly integrates AAOS (Android Automotive OS). This addresses a critical industry challenge as automakers seek to expand globally while meeting diverse regulatory, ecosystem, and consumer preferences. Announcement • May 16
ECARX Holdings Inc. Debuts EXP01 Processor at RISC-V Summit Europe 2025, Outlines Next-Generation MCU Roadmap and Global RISC-V Strategy ECARX Holdings Inc. announced the debut of its EXP01 processor built on the RISC-V architecture at the RISC-V Summit Europe 2025 which was held from May 12-15, 2025, in Paris. Alongside this technical breakthrough, ECARX also outlined its roadmap for the next-generation MCU, deepened technical collaborations with the RISC-V ecosystem, and reaffirmed its commitment to accelerating RISC-V adoption in intelligent mobility solutions. RISC-V is a completely open-source instruction-set architecture that provides a simple, modular foundation for building customized processors. Unlike proprietary chip designs, RISC-V lets engineers identify and select only the features they need, enabling faster innovation, lower power consumption, and optimized development costs across a broad range of auto electronic applications. ECARX showcased EXP01, its first processor design built on the 32-bit RISC-V ISA. EXP01 uses a dual-core safety architecture in which two identical cores run in unison to continuously verify each other's operation, earning it the highest level of functional safety certification, ISO 26262 ASIL-D. This fail-safe design delivers reliable performance for critical in-vehicle functions such as advanced driver assistance and intelligent cockpit interfaces, underscoring ECARX's robust capabilities in automotive-grade safety development and management. Building on this milestone, ECARX also outlined the R&D roadmap for its next-generation automotive-grade MCU, a scalable microcontroller specifically designed for intelligent cockpit and body-domain control applications. The MCU was developed to meet ISO 26262 ASIL-B safety standards and will support current and future encryption protocols, ensuring seamless compliance with international data regulations. During the event, ECARX's Head of R&D, Mr. Wei Jian, engaged in in-depth technical workshops with leading RISC-V developers, including StarFive Technology. These conversations are laying the groundwork for joint research and development initiatives to accelerate integration of RISC-V-based computing platforms into next-generation vehicle architectures worldwide. Announcement • Apr 15
Ecarx Holdings Inc. Unveils ECARXperience: Revolutionizing In-Vehicle Interaction with Adaptive Ai-Powered Driving Experience ECARX Holdings Inc. announced the launch of ECARXperience, an advanced generative in-vehicle HMI system powered by its proprietary AutoGPT AI large model application, designed to transform the driving experience with a dynamic, generative interface that evolves in real-time to address driver needs, delivering smarter, safer, and more personalized interactions. ECARXperience simplifies and enhances how drivers and passengers interact with vehicles by introducing an adaptive interface that adjusts in real-time to driving conditions and user preferences. The system customizes displays based on factors like weather, time of day, and road conditions while proactively improving safety and comfort with features such as fatigue detection, child monitoring, and tailored route recommendations. It seamlessly integrates navigation, safety systems, and advanced driver assistance into one cohesive interface, making driving smarter and more intuitive. With emotionally intelligent virtual assistants that interpret voice tone and gestures, ECARXperience delivers natural interactions that prioritize user needs. Together, these features transform the driving experience from passive functionality to active engagement, setting a new standard for intelligent cockpits. Announcement • Apr 14
ECARX Holdings Inc. to Report Q1, 2025 Results on Apr 30, 2025 ECARX Holdings Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 30, 2025 Announcement • Apr 13
Ecarx Holdings Inc. Powers Launch of Geely Galaxy Xingyao 8, Delivering Cutting-Edge Intelligent Cockpit and Driving Experience ECARX Holdings Inc. announced that its full-stack solution--including the Antora®? 1000 computing platform, Skyland®? Pro intelligent driving solution and Cloudpeak®? cross-domain software stack--will power the Geely Galaxy Xingyao 8 PHEV sedan which began pre-sales on April 10, 2025. By delivering automotive intelligence and user-centric functionality, ECARX's advanced technologies empower automakers to differentiate their offerings in a highly competitive market with cutting-edge features that reduce luxury and technology for consumers. These synergies transform every aspect of the vehicle--from immersive entertainment systems and intuitive controls to precise navigation capabilities and advanced safety features-- into a cohesive experience that sets new benchmarks for modern vehicles. Designed to align seamlessly with evolving E/E architectures and the industry's transition toward software-defined vehicles, ECARX's full-stack solution addresses the growing demand for scalable, high-performance, and cost-effective technologies that accelerate market entry for global automakers. Announcement • Apr 04
ECARX Holdings Inc. Powers Launch of Hongqi Tiangong 06, Deepening Strategic Partnership with FAW Group ECARX Holdings Inc. announced that its Antora® 1000 Pro computing platform and Cloudpeak® software stack will power the launch of the Hongqi Tiangong 06 all-electric SUV which began pre-sales recently. This marks the second vehicle to launch under the deepening strategic partnership signed with FAW Group in April 2024 to jointly develop next-generation intelligent cockpits for its premium Hongqi brand of vehicles. Powered by the Antora®? 1000 Pro and integrated with a customized Hongqi FAW OS built on top of the ECARX Cloudpeak® and AutoGPT, the Tiangong 06 will set new industry benchmarks with an immersive and AI-driven intelligent cockpit experience. A similar solution was deployed in the successful launch of the Tiangong 05 in February 2025 and is expected to be further replicated and scaled across future Hongqi models, providing a highly cost-effective and streamlined solution that aligns seamlessly with evolving E/E architecture. Announcement • Mar 29
ECARX Holdings Inc. has completed a Follow-on Equity Offering in the amount of $45 million. ECARX Holdings Inc. has completed a Follow-on Equity Offering in the amount of $45 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: $1.8
Discount Per Security: $0.072 Announcement • Mar 06
ECARX Integrates DriveDreamer World Model into AutoGPT ECARX Holdings Inc. announced further upgrades to its AutoGPT in-vehicle AI large model application with the integration of GigaAI's DriveDreamer World Model ("DriveDreamer"). This strategic integration will enhance AutoGPT's understanding of the surrounding environment and empower automakers to accelerate autonomous driving development cycles, reduce development costs, and deliver hyper-personalized intelligent cockpit experiences. DriveDreamer advances autonomous driving by expanding virtual simulation capabilities to generate diverse driving scenarios, including rare edge cases, while reducing reliance on physical road testing and improving training efficiency. By automating scenario-specific data generation, DriveDreamer cuts repetitive data collection and analysis, improving algorithm iteration speed and reducing development cycle time. DriveDreamer will also significantly improve the intelligent cockpit experience by enabling AutoGPT to analyze multiple sensory inputs--including sound, light, temperature, and driver and passenger physical and eye movements--to proactively adjust vehicle settings such as ambient lighting, seat configurations, and climate controls. This will allow global automakers to offer drivers a unique, predictive, and hyper-personalized intelligent cockpit experience. Announcement • Feb 17
ECARX Holdings Inc. to Report Q4, 2024 Results on Mar 11, 2025 ECARX Holdings Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 11, 2025 Announcement • Feb 10
ECARX AutoGPT Integrates DeepSeek-R1 Model ECARX Holdings Inc. announced a significant upgrade to its ECARX AutoGPT in-vehicle AI large model application with the integration of the DeepSeek-R1 model, resulting in a faster, more secure, and more personalized user experience. This advancement expands AutoGPT's local processing capabilities and enhances its reasoning and decision-making abilities for automotive-specific application scenarios. The integration of the DeepSeek -R1 model enables local execution of complex tasks, thereby reducing reliance on cloud resources. This localization improves data privacy, lowers latency, and decreases data transmission and storage costs. It ensures that data is handled in compliance with local privacy regulations and reduces security certification costs for growing domestic and overseas customer base. ECARX AutoGPT was designed specifically for automotive applications with its core AutoAgent, AutoFlow, Auto scene and AutoEco capabilities built on top of several of the world's leading large language models to enhance the in-vehicle experience. Furthermore, the AutoAgent capability allows automakers to offer customizable services, adapting to unique driver preferences and creating more engaging user experiences. The integration of the Deep Seek-R1 model strengthens the reasoning, decision-making, understanding, analysis and recommendation of these core capabilities, particularly for complex in-vehicle interactions and cross-domain scenarios. With DeepSeek-R1 integrated, ECARX AutoGPT now offers smarter, safer, more flexible and efficient in-vehicle solutions for global automakers through an open and collaborative ecosystem of global partnerships that is consistently innovating to deliver the next generation of automotive intelligence. Announcement • Jan 14
ECARX Holdings Inc. Announces Board Change ECARX Holdings Inc. announced the appointment of Mr. Zenggang Liu as a director of the Company, effective on January 13, 2025, to replace Mr. Tao Li, who has tendered his resignation as a director of the Company effective on the same day due to personal reasons. Mr. Liu joined Baidu in 2014 and currently serves as the deputy general manager of Baidu Maps. He oversees Baidu Maps’ open platform business and navigation business, and has amassed substantial experience in the mapping industry. Mr. Liu received a bachelor's degree from Harbin Institute of Technology and a master's degree Northeastern University. Announcement • Dec 20
ECARX Holdings Inc. (NasdaqGM:ECX) announces an Equity Buyback for $20 million worth of its shares. ECARX Holdings Inc. (NasdaqGM:ECX) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its shares. The repurchases will be made from company's existing cash balance. The program will be valid till September 30, 2025. Announcement • Nov 22
ECARX Holdings, Inc. Showcases Skyland Pro High-Performance ADAS Solution at AutoSens China 2024 ECARX Holdings Inc. recently showcased the advanced capabilities of its Skyland Pro ADAS solution at AutoSens China 2024, demonstrating how it empowers automakers with high-performance, cost-effective intelligent driving solutions. A key platform for collaboration among automotive professionals, AutoSens China 2024 attracted prominent companies and experts from across the intelligent driving ecosystem, including Volkswagen, BMW-Brilliance and NIO. Now in mass production, Skyland Pro already powers vehicles including the Lynk & Co 08 EM-P and Lynk & Co 07 EM-P, enabling features such as parking assistance and highway Navigate-on-Autopilot (NOA). ECARX continues to enhance the performance of Skyland Pro while replicating and scaling it across various brands and models. With a clear roadmap for future ADAS solutions, ECARX is committed to delivering advanced and reliable intelligent driving solutions to support automakers globally in their drive towards the future of mobility. Announcement • Oct 28
ECARX Holdings Inc. in Partnership with AMD Announces Launch of Smart #5 Premium Mid-Size SUV ECARX Holdings Inc. in partnership with AMD celebrated the official launch of smart #5, smart's first premium mid-size SUV which integrates ECARX's Makalu®? computing platform powered by AMD Ryzen™? Embedded V2000 Series processors. Dr. Lisa Su, Chairman and CEO of AMD, congratulated smart via video at the launch event. The smart #5 made its global debut in Australia in August, showcasing its forward-thinking design embodying Mercedes-Benz's "Sensual Purity" design philosophy. Leveraging the powerful AMD Ryzen™? EmbeddedV2000 Series processors and ECARX's MakalU®? computing platform and Cloudpeak®? software platform, smart delivers a unique and intelligent in-car experience tailored to this design philosophy. Thanks to its cutting-edge processing power, the smart #5 offers a distinctive and immersive intelligent cockpit with its six interconnected screens and a range of functions including projectors and smartphone integration. It is also one of the first models to support AI applications leveraging Unreal Engine's AAA graphics. The vehicle's introduction of the "Crystal Prism" design reflects the evolution of the iconic smart "Low Poly" style, which is complemented with dynamic 3D UI designs and tactile visual effects, creating a sophisticated user experience that encapsulates the essence of Mercedes-Benz's luxury. Announcement • Oct 17
ECARX Holdings Inc. to Report Q3, 2024 Results on Nov 07, 2024 ECARX Holdings Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024 Announcement • Aug 01
Volvo Car AB (publ.) (OM:VOLCAR B) acquired remaining 40% stake in HaleyTek AB from ECARX Holdings Inc. (NasdaqGM:ECX). Volvo Car AB (publ.) (OM:VOLCAR B) acquired remaining 40% stake in HaleyTek AB from ECARX Holdings Inc. (NasdaqGM:ECX) on August 1, 2024. Following the transaction, HaleyTek is a fully-owned subsidiary of Volvo Cars. HaleyTek will operate as a standalone company, with its operations in its Gothenburg facilities.
Volvo Car AB (publ.) (OM:VOLCAR B) completed the acquisition of remaining 40% stake in HaleyTek AB from ECARX Holdings Inc. (NasdaqGM:ECX) on August 1, 2024. Announcement • Jul 29
ECARX Holdings Inc. Announces Board Changes ECARX Holdings Inc. announced the appointment of Mr. Tao Li as a director of the Company, effective on July 29, 2024, to replace Mr. Tan Su, who has tendered his resignation as a director of the Company effective on the same day due to personal reasons. Mr. Li joined Baidu in 2012 and was in charge of the R&D efficiency of the group and its enterprise IT platform, advancing the application of AI technologies in these fields. Mr. Li has substantial managerial experience. Starting from 2024, Mr. Li has served as general manager of Baidu ‘s Apollo intelligent cockpit business to oversee the management of this business units. Mr. Li received his bachelor's degree and master's degrees from Harbin Engineering University. Reported Earnings • May 22
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: CN¥0.84 loss per share (further deteriorated from CN¥0.58 loss in 1Q 2023). Revenue: CN¥927.9m (up 22% from 1Q 2023). Net loss: CN¥284.7m (loss widened 46% from 1Q 2023). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in the US. Announcement • May 01
ECARX Holdings Inc. to Report Q1, 2024 Results on May 20, 2024 ECARX Holdings Inc. announced that they will report Q1, 2024 results Pre-Market on May 20, 2024 Reported Earnings • Apr 06
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: CN¥2.79 loss per share (improved from CN¥8.02 loss in FY 2022). Revenue: CN¥4.67b (up 31% from FY 2022). Net loss: CN¥940.2m (loss narrowed 51% from FY 2022). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in the US. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. Announcement • Mar 20
ECARX Holdings Inc. Unveils Multiple Automotive Intelligence Solutions ECARX Holdings Inc. held its second Tech Day at the Hangzhou E-Sports Center, where it unveiled several ground-breaking automotive intelligence solutions and ecosystem advancements. New System-on-a-Chip (SoC) Platforms Atlas and Pikes Computing Platforms Named after the Atlas Mountains in North Africa and the Rocky Mountains’ Pikes Peak, the Atlas and Pikes computing platforms were unveiled at the Tech Day, providing global automotive OEMs with platforms to deliver in-vehicle infotainment and advanced driver assistance systems (ADAS). The Atlas and Pikes computing platforms are powered by the fourth-generation Qualcomm Snapdragon System-on-a-Chip (SoC), namely SA8255P and SA8295P Snapdragon, respectively. Both computing platforms are certified as automotive grade. Integrating both Flyme Auto and Google Automotive Services (GAS), each of the Atlas and Pikes computing platforms will allow ECARX to service automotive OEMs worldwide within a single platform. Qogir Computing Platform Benefiting from the unique ecosystem synergy created between automotive electronics and consumer electronics, the innovative Qogir computing platform, powered by the third-generation Qualcomm Snapdragon 8 SoC, is co-developed by ECARX and Xingji Meizu Group, with a 330k DMIPS CPU, a 4.2 TFLOPS GPU, and a 60 TOPS hybrid edge-cloud AI. It also supports displays up to 8K and hardware ray tracing technology. Qogir takes its name from Qogir Feng, one of the names given to K2, the world’s second-highest mountain. Qogir’s high-performance configuration enables future-proofed evolution of the operating system. Announcing the Qogir computing platform, the Company would collaborate with Unreal Engine and other ecosystem partners to keep pushing the boundaries of in-vehicle experience. New Skyland Pro Features and AD1000 SoC for Driving and Parking ECARX Skyland Pro Driving and Parking Assist To cater to the evolving computational demands of the electrical/electronic architecture of today’s vehicles and the advancing trends of driving and parking systems, ECARX also spotlighted its Skyland Pro computing platform’s integrated driving and parking capabilities. Skyland Pro now includes Navigate on Autopilot (NOA), Automatic Park Assist (APA), Remote Park Assist (RPA), and Home Zone Park Assist (HPA), among other capabilities. Highway NOA will be launched soon in Zhejiang, Jiangsu, Guangdong, and Shanghai in China, with a nationwide rollout to follow. In anticipation of growing demand for autonomous driving systems, ECARX has made significant advancements in developing its own sensors. Through its subsidiary, Photon-Matrix, ECARX released the 200-metre long-range semi-solid LiDAR and the compact short-range flash solid-state LiDAR. AD1000 SoC Developed in collaboration with SiEngine, the AD1000 automotive-grade 7nm advanced high-performance SoC boasts 229k DMIPS computing power and 256 TOPS of graphics rendering capability on a single unit, and can achieve a maximum computing power of 1,024 TOPS with multi-core integration. AD1000 also integrates a high-performance Vision Processing Accelerator (VPA) and Image Signal Processor (ISP), with a safety island and sufficient interfaces to allow it to meet the requirements for L2++ to L4 autonomous driving. Integrating Digital Cockpit, Driving and Parking and AI into a Single Board and Platform Super Brain Antora 1000 and 1000 Pro Computing Platforms The Super Brain Antora 1000 computing platform is the next generation of ECARX’s Antora series, which seamlessly integrates cockpit driving and parking into a single board, significantly reducing the bill of materials cost of the vehicle. The Super Brain Antora 1000 Pro computing platform is laying the foundation for the future of intelligent vehicles with its ability to integrate the initial progress in AI-driven automated vehicle technology. Major Estimate Revision • Mar 06
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥6.02b to CN¥5.76b. Losses expected to increase from CN¥1.66 per share to CN¥1.94. Auto Components industry in the US expected to see average net income growth of 23% next year. Consensus price target of US$5.47 unchanged from last update. Share price fell 26% to US$2.04 over the past week. Reported Earnings • Mar 01
Full year 2023 earnings released: CN¥2.79 loss per share (vs CN¥8.02 loss in FY 2022) Full year 2023 results: CN¥2.79 loss per share (improved from CN¥8.02 loss in FY 2022). Revenue: CN¥4.67b (up 31% from FY 2022). Net loss: CN¥940.3m (loss narrowed 51% from FY 2022). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Auto Components industry in the US. Announcement • Feb 23
ECarx Develops and Deploy its Cloudpeak Digital Cockpit Software Stack ECARX has developed and deployed its ECARX Cloudpeak digital cockpit software stack to meet the requirements of automotive manufacturers in the software-defined vehicle era. ECARX Cloudpeak was developed by ECARX’s global R&D teams in collaboration with HaleyTek – the joint venture between ECARX and Volvo Cars, located in Gothenburg, Sweden. Based on the Android Automotive operating system and Linux, Cloudpeak is a fully flexible, modular platform created to provide global automotive OEMs with an intelligent foundation for the infotainment and advanced driver assistance systems (ADAS) of, and the software-defined vehicles of tomorrow. One of the first applications for ECARX Cloudpeak is Volvo EX30 fully electric SUV. Volvo EX30 is Volvo’s latest fully electric SUV, designed to make people’s lives safer, more convenient, and more enjoyable. The showpiece of its stylish interior is an infotainment system built around a single 12.3-inch touchscreen, mounted in the center of the instrument panel, and offers a contextual user experience to make it simpler and more intuitive for the driver to interact with. It also offers driver display views – such as calm view and surround view – designed to give the driver the information they need and want the most. The system’s 5G connectivity and over-the-air software updates enable a host of cloud-enabled features and makes it easy for new functions to be added. ECARX Cloudpeak manages the seamless integration of all the information an EX30’s driver needs, including navigation instructions from Google Maps, hands-free help from Google Assistant just by saying, ‘Hey Google’, and apps from Google Play – in addition to wireless Android Auto and, for the first time in a Volvo, wireless Apple CarPlay. Cloudpeak is also networked to the vehicle's comprehensive suite of ADAS features, including collision avoidance and mitigation, pedestrian and cyclist steering avoidance, traffic jam assist, lane change assist, park pilot assist, door opening alert, and 360° camera. The EX30 application is a true global success story for Volvo Cars and for ECARX as strong customer demand sees the vehicle launching in more markets worldwide, and with Volvo adding production capacity for this key model in its Ghent plant, Belgium, from 2025. Announcement • Feb 07
ECARX Holdings Inc. to Report Q4, 2023 Results on Feb 28, 2024 ECARX Holdings Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 28, 2024 Board Change • Feb 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CEO & Chairman Ziyu Shen is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Major Estimate Revision • Jan 25
Consensus EPS estimates upgraded to CN¥2.93 loss, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.71b to CN¥4.55b. 2023 losses expected to reduce from -CN¥3.72 to -CN¥2.93 per share. Auto Components industry in the US expected to see average net income growth of 26% next year. Consensus price target down from US$6.47 to US$5.47. Share price rose 7.2% to US$2.37 over the past week. Announcement • Jan 06
ECARX Holdings Inc. Announces Board Changes ECARX Holdings Inc. announced the appointment of Mr. Tan Su as a director of the Company, effective on January 5, 2024, to replace Mr. Zhenyu Li, who has tendered his resignation as a director of the Company effective on the same day due to personal reasons. Mr. Su has served as general manager of Baidu’s Apollo Intelligent Automobile Department since 2023 and is fully responsible for the implementation of Baidu’s automotive intelligence strategy and coordinating and managing multiple businesses, including intelligent driving, cockpit-driving integration, and intelligent cabin. Prior to that, Mr. Su has held leadership positions in various businesses of Baidu since 2013, including Baidu Maps and Baidu Intelligent Driving Group, where he successively served as the general manager of Baidu's Internet of Vehicles Department and Intelligent Driving Department. Before joining Baidu, Mr. Su worked as a R&D engineer at ESRI China (Beijing) Co. Ltd. from 2004 to 2007 and founded and managed an online maps startup company from 2007 to 2013. Mr. Su received a BS in geographic information systems from Wuhan University in 2004 and is currently attending an EMBA program at Guanghua School of Management of Peking University. Recent Insider Transactions Derivative • Nov 24
Chief Financial Officer notifies of intention to sell stock Phil Zhou intends to sell 100k shares in the next 90 days after lodging an Intent To Sell Form on the 24th of November. If the sale is conducted around the recent share price of US$4.08, it would amount to US$408k. As of today, Phil currently holds no shares directly (This sale likely refers to shares that have not yet been received). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Major Estimate Revision • Nov 16
Consensus EPS estimates fall by 86% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥5.14b to CN¥4.85b. Losses expected to increase from CN¥2.04 per share to CN¥3.79. Auto Components industry in the US expected to see average net income growth of 23% next year. Consensus price target of US$9.32 unchanged from last update. Share price fell 13% to US$3.25 over the past week. Reported Earnings • Nov 10
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: CN¥0.79 loss per share (improved from CN¥1.67 loss in 3Q 2022). Revenue: CN¥1.08b (up 51% from 3Q 2022). Net loss: CN¥264.9m (loss narrowed 20% from 3Q 2022). Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Auto Components industry in the US. Announcement • Oct 19
ECARX Holdings Inc. to Report Q3, 2023 Results on Nov 09, 2023 ECARX Holdings Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 09, 2023 Reported Earnings • Oct 05
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: CN¥0.55 loss per share (improved from CN¥1.98 loss in 2Q 2022). Revenue: CN¥954.5m (up 45% from 2Q 2022). Net loss: CN¥185.9m (loss narrowed 60% from 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Auto Components industry in the US. Reported Earnings • Aug 10
Second quarter 2023 earnings released: CN¥0.52 loss per share (vs CN¥1.18 loss in 2Q 2022) Second quarter 2023 results: CN¥0.52 loss per share (improved from CN¥1.18 loss in 2Q 2022). Revenue: CN¥952.3m (up 45% from 2Q 2022). Net loss: CN¥175.9m (loss narrowed 37% from 2Q 2022). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Auto Components industry in the US. Announcement • Jul 29
ECARX Holdings Inc. Appoints Phil Jing Zhou as New Chief Financial Officer ECARX Holdings Inc. has appointed Mr. Phil Jing Zhou as its chief financial officer, effective on July 28, 2023. Mr. Zhou will succeed Mr. Ramesh Narasimhan, who will take on the position of advisor to the chief executive officer with effect from the same date. Mr. Zhou has more than 20 years of experience in finance and business operations in the information technology industries of Greater China and North Asia. He joined ECARX in 2021 as chief of staff to the chief executive officer, China chief financial officer and vice president of business operations and has served as executive vice president, China operations since May 2023. Mr. Zhou previously held the senior management positions in a number of high-tech enterprises, including vice president of sales operations in Alibaba Cloud Intelligent Group, general manager of business and sales operations in Microsoft Greater China, and head of business operations and chief of staff to the chief executive officer of Amazon Web Services Greater China, where he was responsible for overall business planning, go-to-market strategy development, and commercial operations. Mr. Zhou had served as Dell Inc.s senior finance director in Greater China for a long time, responsible for financial planning and analysis, product planning and pricing strategies, revenue and profitable growth strategies, go-to-market model design and implementation, cash flow management, and internal control and assurance. Mr. Zhou received his bachelors degree of management science from Fudan University and his MBA from Washington University in St. Louis. Mr. Zhou is a member of The Association of International Accountants. New Risk • Jul 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-CN¥326m). Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable next year (CN¥707m net loss next year). Announcement • Jul 01
ECARX Holdings Inc. (NasdaqGM:ECX) entered into agreement to acquire additional 20% stake in JICA Intelligent Robotics Co., Ltd. from Geely Automobile Group Company Limited. ECARX Holdings Inc. (NasdaqGM:ECX) entered into agreement to acquire additional 20% stake in JICA Intelligent Robotics Co., Ltd. from Geely Automobile Group Company Limited on June 30, 2023. Major Estimate Revision • Jun 21
Consensus EPS estimates upgraded to CN¥2.08 loss The consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -CN¥2.73 to -CN¥2.08 per share. Revenue forecast steady at CN¥5.05b. Auto Components industry in the US expected to see average net income growth of 23% next year. Consensus price target up from US$8.30 to US$9.32. Share price rose 13% to US$8.24 over the past week. Announcement • Jun 13
ECARX Holdings Inc. Reaffirms Financial Outlook for Fiscal Year 2023 ECARX Holdings Inc. reaffirms financial outlook for fiscal year 2023. The company expects Total Revenue of USD 700- 720 million. Reported Earnings • Jun 13
First quarter 2023 earnings: EPS exceeds analyst expectations First quarter 2023 results: CN¥0.58 loss per share (improved from CN¥1.24 loss in 1Q 2022). Revenue: CN¥762.9m (up 16% from 1Q 2022). Net loss: CN¥194.7m (loss narrowed 33% from 1Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Auto Components industry in the US. Announcement • Jun 01
ECARX Empowers Changan Mazda with Brand-New Experience of Intelligent Cockpit ECARX together with Neusoft Corporation, announced the mass production of intelligent cockpit product customized for Changan Mazda on its CX-50 model, based on ECARX's E02 intelligent cockpit computing platform. Over 770,000 units of ECARX E02 intelligent cockpit computing platform have been produced and equipped on 26 vehicle models from various OEM brands. ECARX E02 intelligent cabin computing platform has obtained comprehensive certifications of quality safety management system, including the AEC-Q104 auto-grade qualification, meeting clients' high quality demand, consolidating highly efficient SoC, 4G communication module and power management chips inside, and helping clients significantly reduce required components, simplify supply chain, as well as lower development difficulty and manufacturing costs, as compared with single chip product. Based on the mass production experience of millions of intelligent cockpit products and extensive knowledge of client needs, ECARX has tailored a set of development kit for E02 intelligent cockpit computing platform, integrating ECARX's self-developed underlying system capability foundation and environment for comprehensive hardware configuration, and providing development reference design for functions including intelligent voice assistant, AVM parking system, fast start, multi-screen interaction, facial recognition/DMS, AR navigation and multi media entertainment. EVB G3 adequately meets developers' demands of performance and safety during the product development process, and fully supports partners to create differentiated experience. Supported by the highly integrated and efficient E02 intelligent cockpit computing platform., proven through large scale mass production, with ECARX's comprehensive development kit, Neusoft is able to give full play to its leading product advantage and functional integration efficiency of dashboard, central control screens and other in-vehicle devices, creating inno innovative, reliable and personalized intelligent cockpit system while significantly reducing the product R&D cycle and accelerating the whole development process. ECARX is committed to becoming the foundation and hub of global intelligent automotive industry, focusing on the technology R&D of core computing platforms. Its technology and products have been applied in over 5 million cars on the road globally. Meanwhile, based on a full decoupling between hardware and software, ECARX leverages its understanding of cockpit product to provide a safer, more open intelligent vehicle development platform and toolchain at controllable cost to global partners, enabling OEMs to quickly create differentiated cockpit product for various car models and configurations, as well as safe and personalized mobility experience available for continuous upgrade. Announcement • May 23
ECARX Holdings Inc. to Report Q1, 2023 Results on Jun 12, 2023 ECARX Holdings Inc. announced that they will report Q1, 2023 results Pre-Market on Jun 12, 2023 Announcement • May 11
ECARX Holdings Inc. Provides Earnings Guidance for the Year 2027 ECARX Holdings Inc. provided earnings guidance for the year 2027. For the year, the company expects revenue in the range of $2,600 million - $2,800 million. Announcement • May 10
ECARX Accelerates Next Generation of In-Vehicle Computing; Partners with Unreal Engines ECARX Holdings Inc. announced during its inaugural investor day a suite of new groundbreaking products that will push the boundaries of the driver experience. Among the products are Super Brain – a new all-in-one central computing system, Makalu – a new intelligent cockpit platform with real-time 3D rendering, server level processing performance, and new functionalities for safety and security. Additionally, ECARX today shared details around a wide-ranging licensing agreement with Unreal Engine, the pioneer of 3D immersive visual tools. Together, the companies will collaborate on next-generation in-vehicle digital cockpits and infotainment applications that possess 3D rendering functionalities. During the company's inaugural investor day, ECARX revealed a wide range of new hardware and software solutions that form the core of a long-term product strategy. These include the Antora series to fulfill increasing System-on-a-Chip demands in the electric vehicle market, Makalu to push the boundaries of the driver experience, the Super Brain central computing platform to power the evolution of advanced driver assistance systems (ADAS), and Cloudpeak to serve as cross-domain system software. Antora 1000 Pro: Powerful 200k DMIPS computing power; 1.8 TFLOPS graphics rendering capability; Inter-module video stream latency lowered by 51% than other mass-produced flagship platforms; All-in-one computing platform integrating cockpit and parking, as well as some ADAS functions; Makalu: Pushing the boundaries of the driver experience: One of the most powerful intelligent cockpit platforms, enabling real-time 3D environment rendering with server level processing performance; Shaping the future of gaming inside the vehicle, an immersive dashboard experience, and personalized entertainment for passengers; Multiple 4K displays can be supported to maximize the precision of the graphics. Super Brain Platform: Powering the evolution of ADAS & the Software Defined Vehicle: An all-in-one solution that integrates the cockpit, driving, and vehicle control with ECARX full-stack hardware and software technologies; Combining the SE1000, cutting edge System-on-a-Chip (SoC), with advanced AD chipsets to bring AI performance to its full potential; To enable improvements in the performance and efficiency of the E/E architecture and drive the evolution from intelligent EVs to intelligent mobile devices. Cloudpeak: Cross-domain foundation for intelligent vehicles: A multi-pillar & cross-domain system built by ECARX global R&D teams in collaboration with HaleyTek – the joint venture between ECARX and Volvo; Supports multiple hardware platforms and multiple application ecosystems; Meets highest standards of safety and security around the globe. Reported Earnings • Apr 26
Full year 2022 earnings released: CN¥7.92 loss per share (vs CN¥6.01 loss in FY 2021) Full year 2022 results: CN¥7.92 loss per share (further deteriorated from CN¥6.01 loss in FY 2021). Revenue: CN¥3.56b (up 28% from FY 2021). Net loss: CN¥1.89b (loss widened 33% from FY 2021). Announcement • Jan 06
ECARX and Smart Reveal Immersive Automotive Digital Cockpit Computing Platform Powered by AMD At CES 2023 ECARX and smart have unveiled their co-developed high-performance immersive digital cockpit computing platform powered by AMD technology at CES 2023 in Las Vegas, USA. The next-generation digital cockpit, set to feature in the smart brand's all-electric production vehicles to be launched from 2024, is the first in-vehicle computing platform designed and developed by ECARX using AMD technology, following their global strategic collaboration announcement in August 2022. Utilizing AMD Ryzen Embedded V2000 Processors and AMD Radeon RX 6000 Series GPUs, the digital cockpit will offer advanced computing power and stunning game console-grade visual graphic rendering capabilities. The platform combines AMD hardware with ECARX's innovative product design and software capabilities, and was engineered from the ground up for superior performance and breakthrough display capabilities. Through collaboration and co-creation, ECARX aims to transform vehicles into seamlessly integrated information, communications, and transportation devices. As a premium all-electric automobile and technology brand, smart aims to explore the best solutions for future urban mobility. ECARX's high-performance digital cockpit computing platform, demonstrated at CES 2023 for the first time, demonstrates an unprecedented immersive cockpit experience including a full 3D human-machine interaction interface, ultra-high definition 4K multiple displays and 3A high-end gaming entertainment. 