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

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ECARX reports robust Q1 earnings, eyes U.S. expansion and tech partnerships

ECARX Holdings Inc's Q1 2023 performance reflects revenue growth, improved profitability, and strategic advancements in product innovation and partnerships.
While facing challenges such as potential price cuts and financial transparency concerns, the company is well-positioned to capitalize on opportunities in the U.S. market, ADAS space, and revenue expansion.
Overall, ECARX's customer-centric approach, technological prowess, and commitment to innovation position them as a key player in the automotive technology sector.

ECARX reports robust Q2 revenue growth and strategic market positioning

ECARX's Q2 performance showcased strong revenue growth and operational achievements, underpinned by a focus on innovation and market readiness.
While facing challenges in profitability and cost management, the company's strategic strengths and opportunities for growth signal a positive outlook.
With a clear roadmap for expansion, ECARX is poised to capitalize on market demand, enhance partnerships, and drive technological advancements in the automotive sector.

ECARX reports robust Q3 earnings, focuses on innovation and global expansion

ECARX Holdings Inc (ECX) delivered strong financial results in Q3 2023, driven by revenue growth, design wins, and international expansion.
The company showcased technological advancements, ecosystem partnerships, and a focus on innovation to drive future growth and competitiveness.
While facing challenges such as rising operating expenses and market competition, ECARX remains committed to operational efficiency and cost management for sustained success.

ECARX reports record revenue in Q4 2023, poised for growth

ECARX had a strong performance in Q4 2023, with record revenue and narrowed net loss, showcasing innovation and growth in the automotive technology sector.
The company's focus on international markets, partnerships, cost optimization, and operational efficiency underpin its strategic strengths and growth trajectory.
While facing challenges in pricing, content, and market dynamics, ECARX is well-positioned to leverage opportunities in product innovation, market trends, and global expansion.
Overall, ECARX's optimistic outlook for 2024, with new launches and customer growth, reflects a promising future with a strong foundation for continued success.

ECARX reports robust Q1 growth, eyes European expansion and tech innovation

ECARX's strong Q1 2024 performance, driven by revenue growth and technological advancements, positions the company well in the software-defined vehicles segment.
Despite challenges like margin pressure and EBITDA loss, ECARX's focus on cost reduction, partnerships, and market expansion presents growth opportunities.
Strategic strengths in innovation, manufacturing control, and partnerships with industry leaders underpin ECARX's positive growth trajectory and profitability outlook.
Opportunities in overseas markets, technological advancements, and ecosystem building support ECARX's goal of providing advanced solutions and driving sustainable growth.

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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, Dec. 20, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX” or “the Company”), a global mobility tech provider, today announced its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$20,000,000 of its ordinary shares until the close of business on September 30, 2025, U.S. Eastern Time. The Company plans to adopt and implement this share repurchase program in accordance with applicable rules and requirements under the Securities Exchange Act of 1934, as amended, and the Company's insider trading policy.

ECARX Announces US$20,000,000 Share Repurchase Program

SHANGHAI, Nov. 26, 2024 (GLOBE NEWSWIRE) --  ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX”), a global mobility tech provider, was recently honored by the Saudi Standards, Metrology, and Quality Organization (SASO) with a special recognition award at Saudi Arabia National Quality Conference, demonstrating ECARX's pioneering contributions to AI-driven automotive innovation and quality assurance.

ECARX Receives SASO Award for Contributions to Generative AI Quality Assurance at Saudi Arabia's National Quality Conference

SHANGHAI, Nov. 22, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX”), a global mobility tech provider, 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.

ECARX Showcases Skyland Pro High-Performance ADAS Solution at AutoSens China 2024

SHANGHAI, Nov. 18, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX”), a global mobility tech provider, today announced that, on November 14, 2024, it entered into a components procurement and R&D services agreement with Geely Automobile Holdings Limited (HKEX: 0175) (“Geely Auto”), Zhejiang HUANFU and Hangzhou Langge (the “Components Procurement and R&D Services Agreement”), pursuant to which Geely Auto agrees to, subject to certain conditions set forth therein, purchase automobile components and R&D services from the Company, Zhejiang HUANFU Technology Co., Ltd. and Hangzhou Langge Technology Co., Ltd. (collectively, the “Supplier Group”) to further enhance the driving technology system for new energy vehicles of Geely Auto. The agreement has a term of three years and ends on December 31, 2027. The aggregated annual caps covered by the Components Procurement and R&D Services Agreement – totaling RMB6,387.281 million, RMB6,430.855 million and RMB6,489.889 million for the Supplier Group for 2025, 2026 and 2027, respectively – will be exempt from the requirement of the approvals of independent shareholders of Geely Auto pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”); and the parties are not restrained from transacting beyond the exempt amounts under this agreement as long as Geely Auto has complied with the requirements under the Listing Rules. The rights and obligations of the parties to the agreement are subject to the fulfilment (or waiver, as applicable) of various conditions precedent.

ECARX Signs Components Procurement and R&D Services Agreement with Geely Auto

ECARX Holdings Inc. (NASDAQ:ECX ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Rene Du – Head-Investor Relations Ziyu Shen – Chairman and Chief Executive Officer Peter Cirino – Chief Operating Officer Phil Zhou – Chief Financial Officer Conference Call Participants Jiaqi Zhang – CICC Derek Soderberg – Cantor Fitzgerald Operator Good day and thank you for joining us. Welcome to ECARX Third Quarter 2024 Earnings Conference Call.

ECARX Holdings Inc. (ECX) Q3 2024 Earnings Call Transcript

SHANGHAI, Oct. 27, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, in partnership with AMD, the high performance and adaptive computing leader, today 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.

ECARX Powers Global Launch of the smart #5 Premium Mid-Size SUV

SHANGHAI, Oct. 17, 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 third quarter of 2024 before the U.S. market opens on Thursday, November 7, 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 Third Quarter 2024 Financial Results on November 7, 2024

SHANGHAI, Sept. 05, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, and AMD, the high performance and adaptive computing leader, today congratulated Lynk & Co. on the first deliveries of the Lynk & Co. Z10 flagship luxury sedan, which integrates ECARX's Makalu® computing platform powered by AMD Ryzen™ Embedded V2000 processors. Dr. Lisa Su, Chairman and CEO of AMD, extends compliments through a video on the launch event of Z10.

ECARX Powers Global Launch of the Lynk & Co. Z10 Flagship Luxury Sedan

ECARX Holdings Inc. (NASDAQ:ECX ) Q2 2024 Results Conference Call August 8, 2024 8:00 AM ET Company Participants Rene Du - IR Ziyu Shen - Chairman and CEO Peter Cirino - COO Phil Zhou - CFO Conference Call Participants Jiaqi Zhang - CICC Megan Jin - Macquarie Xiaoyi Lei - Jefferies Operator Good day, and thank you for joining us. Welcome to the ECARX Second Quarter 2024 Earnings Conference Call.

ECARX Holdings Inc. (ECX) Q2 2024 Earnings Call Transcript

LONDON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. ("ECARX" or "the Company"), a global mobility technology company, announced today that it has sold its minority stake of 40% in HaleyTek AB ("HaleyTek"), a joint venture between Volvo Car Corporation ("Volvo Cars") and ECARX created to develop software for Android-powered infotainment systems, to Volvo Cars.

ECARX sells minority stake in HaleyTek to Volvo Cars, will continue to collaborate seamlessly with Volvo Cars and HaleyTek on developing automotive software

SHANGHAI, July 29, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today 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.

ECARX Announces Board Change

SHANGHAI, July 18, 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 second quarter ended June 30, 2024, before U.S. markets open on Thursday, August 8, 2024. The Company's management team will hold an earnings conference call and live audio webcast to discuss the financial results and will be available to answer questions from analysts and investors.

ECARX to Report Second Quarter 2024 Financial Results on August 8, 2024

ECARX to combine industry-leading full-stack digital cockpit and driver assistance technology with DXC Luxoft's deep domain expertise, enabling automotive manufactures to enhance the user experience ECARX to combine industry-leading full-stack digital cockpit and driver assistance technology with DXC Luxoft's deep domain expertise, enabling automotive manufactures to enhance the user experience

DXC Luxoft and ECARX partnership boosts advanced innovation capabilities for automotive manufacturers

SHANGHAI, China, May 31, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced that its Antora 1000 computing platform will power Geely's highly anticipated Galaxy E5 SUV, which debuted today.

ECARX Antora 1000 Computing Platform to Power Geely Galaxy E5

SHANGHAI, China, May 21, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, today congratulated Lynk & Co on the first deliveries of the Lynk & Co 07 EM-P sedan, which is integrated with ECARX's full-stack solution for digital cockpit and ADAS including Antora® 1000 Pro, Skyland Pro, and Flyme Auto. The EM-P 07 began deliveries on May 17, 2024.

ECARX-Powered Lynk & Co. 07 EM-P Sedan Began Deliveries in China

ECARX Holdings Inc. (NASDAQ:ECX ) Q1 2024 Earnings Conference Call May 20, 2024 8:00 AM ET Company Participants Rene Du - IR Ziyu Shen - Chairman and CEO Peter Cirino - COO Phil Zhou - CFO Conference Call Participants Megan Jin - Macquarie Tony Shen - SPDB International Securities Limited Derek Soderberg - Cantor Fitzgerald Chang Xing - CICC Operator Good day and thank you for joining us. Welcome to ECARX First Quarter 2024 Earnings Conference Call.

ECARX Holdings Inc. (ECX) Q1 2024 Earnings Call Transcript

Exhibit 99.1 SHANGHAI, China, May 20, 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 March 31, 2024. “The strong growth momentum that we picked up last year continued into the first quarter with revenues increasing 21% year-over-year,” commented ECARX Chairman and CEO Ziyu Shen.

ECARX Announces First Quarter 2024 Unaudited Financial Results

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

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