ECARX Holdings Inc

ECARX Holdings, Inc. operates as global mobility technology company. It engages in transforming vehicles into integrated information, communications and transportation devices. The company was founded on November 12, 2019 and is headquartered in Shanghai, China.

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

ECARX reports strong Q1 2023 earnings and outlines international expansion plans

ECARX's Q1 2023 earnings call highlighted strong financial performance, competitive advantages, expansion plans, and confidence in delivering key milestones. The company's focus on EVs, innovative product lineup, and international expansion present significant growth opportunities. However, effective management of international expansion and funding evaluation are potential challenges.

ECX reports strong Q2 revenue growth and plans extensive product launches

ECX's Q2 2023 earnings call highlighted strong revenue growth, operational achievements, and a robust pipeline of new products. However, challenges in achieving positive EBITDA and managing expenses persist. The company's focus on innovation and expansion presents promising opportunities for future growth.

ECX reports 50% revenue surge, eyes global expansion and technology leadership

ECX (ECX) delivered robust Q3 results, driven by strong revenue growth and successful market penetration of ECARX technology. The company's unique technology offerings, strategic partnerships, and focus on in-house development position it as a formidable player in the automotive market. While facing challenges related to pricing and competition, ECX remains optimistic about its growth prospects and profitability in the near future.

ECARX achieves record revenue in Q4 2023, eyes growth opportunities

ECARX's strong financial performance in 2023, coupled with a focus on innovation and efficiency improvements, positions the company for future success. Challenges in balancing growth and profitability, particularly in cost reduction and customer pricing dynamics, require strategic attention. Opportunities lie in market trends favoring advanced features in affordable models and strategies for cost optimization and revenue diversification.

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ECARX Holdings, Inc. engages in the development of mobility technology services. The company was founded on November 12, 2019 and is headquartered in London, the United Kingdom.

SHANGHAI, China, May 03, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, today announced the launch of multiple intelligent driving and safety features for its Skyland Pro computing platform, which significantly enhance the intelligent driving experience.

ECARX Releases Multiple Intelligent Driving Features for Skyland Pro

SHANGHAI, China, April 29, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility tech provider, today announced that it will report its financial results for the first quarter of 2024 before the U.S. market opens on Monday, May 20, 2024. Company management will hold an earnings conference call via live audio webcast to discuss the financial results and will be available to answer questions from analysts and institutional investors.

ECARX to Report First Quarter 2024 Financial Results on May 20, 2024

SHANGHAI, China, April 03, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the Company”), a global mobility tech provider, today announced that its annual report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange Commission.

ECARX Announces Filing of Annual Report on Form 20-F

SHANGHAI, China, March 28, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today announced a strategic partnership with Lianyou Zhilian Technology Co., Ltd. (“Lianyou Zhilian”).

ECARX Partners with Lianyou Zhilian to Accelerate Development of Intelligent Vehicle Solutions

SHANGHAI, China, March 27, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX" or the “Company”), a global mobility technology provider, today announced its use of Microsoft technology to strengthen the unique value proposition that global automakers can offer through their intelligent vehicles and drive innovation in intelligent vehicles. Harnessing the power of Microsoft Azure OpenAI Service and Azure Cloud Computing Services, ECARX will develop and deploy with Microsoft innovative products and solutions that seamlessly integrate cutting-edge large language models (LLMs) into a growing number of vehicles globally.

ECARX Utilizes Microsoft Technology to Drive Innovation in Intelligent Vehicles

Global mobility technology company ECARX spearheads a revolution in the development of automotive intelligence, debuts industry-leading solutions at Hangzhou event Global mobility technology company ECARX spearheads a revolution in the development of automotive intelligence, debuts industry-leading solutions at Hangzhou event

ECARX Unveils Multiple Automotive Intelligence Solutions on Tech Day

SHANGHAI, China, March 04, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today highlighted how it is driving its global expansion through its robust research and development (R&D) capabilities and its expanding catalog of international accreditations. This approach has led to the deployment of ECARX solutions in over 6 million vehicles worldwide from 16 global automotive OEMs and 25 brands to date.

ECARX's Global Expansion Driven by Strong R&D and International Accreditations

ECARX Holdings Inc. (ECX) Q4 2023 Earnings Call Transcript

SHANGHAI, China, Feb. 28, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended December 31, 2023.

ECARX Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results

SHANGHAI, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX” or the “Company”), a global automotive technology provider, today announced the successful launch of its new office in Stuttgart, Germany.

ECARX Expands Global Sales and Technical Business Development Capability with New Hub in Stuttgart, Germany

SHANGHAI, China, Feb. 06, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility tech provider, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023, before the U.S. market opens on Wednesday, February 28, 2024. Company management will hold an earnings conference call via live audio webcast to discuss the financial results and will be available to answer questions from analysts and institutional investors.

ECARX to Report Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

LONDON, Jan. 05, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today 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.

ECARX Announces Board Changes

SHANGHAI, China, Dec. 28, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global mobility technology provider, today announced that pursuant to a shareholders' agreement dated November 16, 2023, a joint venture has been established between ECARX and smart, the new-premium intelligent all-electric auto brand, through their respective subsidiaries. The joint venture, smart (Zhejiang) Software Technology Co., Ltd. (“smart Software Technology”), aims to drive the development of industry-leading intelligent experiences within smart vehicles. Through this new partnership, ECARX and smart will work together to drive technological advances, expand the research and development ecosystem through talent exchanges and joint innovation, and accelerate their global expansion efforts.

ECARX and smart Form Joint Venture to Drive Development of Intelligent Automotive Products

SHANGHAI, China, Dec. 22, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global mobility technology provider, today announced that it has signed a new strategic partnership agreement with Black Sesame Technologies (“Black Sesame”), a leading automotive-grade SoC and SoC-based intelligent vehicle solution provider.

ECARX and Black Sesame Technologies Strengthen Partnership to Develop Intelligent Driving Ecosystem

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SHANGHAI, China, Dec. 05, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global mobility technology provider, today announced that it has partnered with Black Sesame Technologies and BlackBerry Limited (NYSE: BB; TSX: BB) to jointly deploy its Skyland ADAS platform in Lynk & Co's flagship SUV, the Lynk & Co 08 . ECARX Skyland Pro is powered by the BlackBerry QNX® Neutrino® Real-Time Operating System (RTOS) and Black Sesame Technologies' Huashan II A1000 ADAS computing chip . This robust tech stack supports the ECARX Skyland Pro with exceptional computing power, stability, reliability, and safety.

ECARX Partners with Black Sesame Technologies and BlackBerry to Jointly Deploy its Skyland ADAS Platform

SHANGHAI, China, Nov. 21, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global mobility technology provider, today announced that the Lynk & Co 06 EM-P SUV, featuring a digital cockpit experience powered by the ECARX Antora 1000 computing platform, has entered mass production.

ECARX Starts Mass Production of its Antora 1000 computing platform for the Lynk & Co 06 SUV

ECARX Holdings Inc. (NASDAQ:ECX ) Q3 2023 Earnings Conference Call November 9, 2023 8:00 AM ET Company Participants Renee Du - Head of Investor Relations Ziyu Shen - Co-Founder, Chairman & Chief Executive Officer Peter Cirino - Chief Operating Officer Phil Zhou - Chief Financial Officer Conference Call Participants Derek Soderberg - Cantor Fitzgerald Renee Du Good morning and welcome to our Third Quarter 2023 Earnings Conference Call. With me today are ECARX Chairman and Chief Executive Officer; Ziyu Shen, Chief Operating Officer; Peter Cirino and Chief Financial Officer.

ECARX Holdings Inc. (ECX) Q3 2023 Earnings Call Transcript

LONDON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX" or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended September 30, 2023.

ECARX Announces Third Quarter 2023 Financial Results

SHANGHAI, China, Nov. 06, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global provider of mobility technology, has today announced a new series of Advanced Driver Assistance System (ADAS) enabled products, starting with the ECARX Skyland Pro. It will support drivers as the autonomy of their vehicles increases.

ECARX Delivers ADAS Platform to Global Car Manufacturers

SHANGHAI, China, Oct. 18, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility tech provider, today announced that it will report its financial results for the third quarter of 2023 before the U.S. market opens on Thursday, November 9, 2023. Company management will hold an earnings conference call via live audio webcast to discuss the financial results and will be available to answer questions from analysts and institutional investors.

ECARX to Report Third Quarter 2023 Financial Results on November 9, 2023

SHANGHAI, China, Sept. 28, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX), a global mobility technology provider, together with SiEngine, a leading designer of advanced automotive System-on-a-Chip (SoC) technologies, and XINGJI MEIZU Group, a leader in smart technologies, held a production delivery ceremony on 26 September at Lynk & Co's Yuyao plant (Zhejiang province, China), and, at the same time, at Hubei Dongjun Automotive Electronics Technology Co., Ltd. (Hubei province, China).

ECARX, together with SiEngine and XINGJI MEIZU Group, to create extraordinary cockpit experience in the new Lynk & Co SUV

LONDON, Aug. 28, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX), a global mobility technology provider, is teaming up with Mobileye (Nasdaq: MBLY) in building a one box solution integrating automated driving and parking features, that will enable hands-off and eyes-off self-driving on controlled-access highways. Based on the Mobileye Chauffeur™ consumer AV platform, this solution is planned to be put into mass production in the Polestar 4 electric SUV coupé.

ECARX to collaborate with Mobileye to Build Integrated Driver Assist Solution Expected to Make Global Debut on Polestar 4 electric SUV coupé

SHANGHAI, China, Aug. 24, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX), a global mobility technology provider together with leading Internet of Vehicles company, China Unicom Smart Connection (CUSC), has been selected by Dongfeng Peugeot-Citroën Automobile (DPCA), the joint venture between Dongfeng and Stellantis, to supply Intelligent Cockpit 2.0 products, based on the ECARX E02 intelligent cockpit computing module, for three major vehicles launches this year.

Dongfeng Peugeot-Citroën Automobile selects ECARX to build its next generation of intelligent cockpits

ECARX Holdings Inc. (NASDAQ:ECX ) Q2 2023 Earnings Conference Call August 9, 2023 8:00 AM ET Company Participants Adam Kay - Head of IR Ziyu Shen - Co-Founder, Chairman and CEO Peter Cirino - COO Phil Zhou - CFO Conference Call Participants Derek Soderberg - Cantor Fitzgerald Shelley Wang - Morgan Stanley Xiaoyi Lei - Jefferies Poe Fratt - Alliance Global Partners Adam Kay Good morning, and welcome to our second quarter 2023 earnings conference call. With me today are ECARX Chairman, Chief Executive Officer and Co-Founder, Ziyu Shen; Chief Operating Officer, Peter Cirino; and our recently appointed Chief Financial Officer, Phil Zhou.

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