ECARX(ECX)
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ECARX to provide Volkswagen Brazil and Skoda with digital cockpit solutions
Globenewswire· 2025-03-06 10:00
Core Insights - ECARX Holdings Inc. has been awarded by the Volkswagen Group to provide advanced digital cockpit solutions for vehicles under the Volkswagen and Skoda brands [1][2] - The partnership marks a significant step for ECARX as it collaborates with a leading global automaker to enhance intelligent automotive technology [5] Company Overview - ECARX is a global mobility technology provider specializing in delivering turnkey solutions for next-generation smart vehicles, including system on a chip (SoC), central computing platforms, and software [5] - Founded in 2017 and listed on Nasdaq in 2022, ECARX employs over 1,800 people across 12 major locations worldwide and has products in over 7.3 million vehicles [6] Product Details - The ECARX Antora 1000 computing platform is a fourth-generation digital cockpit solution based on a 7nm high-performance SE1000 System-on-Chip (SoC) [3] - ECARX Cloudpeak is a flexible software architecture that integrates services such as Google Maps, Google Assistant, and mobile integrations like Android Auto and Apple CarPlay [3][4] Market Strategy - Initial vehicle launches featuring the new digital cockpit solutions are planned in Brazil and India, with potential for further market expansion [2] - The collaboration with Volkswagen Group aims to deliver a high-quality user experience while reducing complexity and cost in the automotive sector [5]
ECARX Integrates DriveDreamer World Model into AutoGPT
Globenewswire· 2025-03-05 12:00
Core Insights - ECARX Holdings Inc. announced upgrades to its AutoGPT in-vehicle AI application through the integration of GigaAI's DriveDreamer World Model, enhancing autonomous driving capabilities and intelligent cockpit experiences [1][4] Company Overview - ECARX is a global automotive technology provider, offering solutions for next-generation smart vehicles, including system on a chip (SoC), central computing platforms, and software [4][5] - Founded in 2017 and listed on Nasdaq in 2022, ECARX employs over 1,800 people across 12 locations worldwide [5] Technological Advancements - The integration of DriveDreamer expands virtual simulation capabilities, generating diverse driving scenarios and reducing reliance on physical road testing, thus improving training efficiency [2] - DriveDreamer automates scenario-specific data generation, enhancing algorithm iteration speed and reducing development cycle time [2] Intelligent Cockpit Experience - The upgraded AutoGPT can analyze multiple sensory inputs to proactively adjust vehicle settings, providing a hyper-personalized intelligent cockpit experience for drivers [3] - This capability allows automakers to differentiate themselves in a competitive market by offering unique driving experiences [4]
ECARX Solutions Contribute to Geely’s Record-Breaking Sales in January 2025, Showcasing Scalable, Cost-Effective Solutions
Globenewswire· 2025-02-18 12:00
Core Insights - ECARX Holdings Inc. announced that its automotive solutions helped Geely Automobile achieve record sales of 266,737 vehicles in January 2025, building on a strong 2024 where Geely sold 2.17 million vehicles [1][2] Company Overview - ECARX is a global automotive technology provider that offers full-stack solutions for next-generation smart vehicles, including system on a chip (SoC), central computing platforms, and software [5] - Founded in 2017 and listed on Nasdaq in 2022, ECARX has over 1,800 employees across 12 locations globally [6] Strategic Partnerships - The collaboration with Geely demonstrates how ECARX's solutions enhance vehicle intelligence and user experience, contributing to sales growth and competitive advantage for automakers [3][4] - ECARX's global ecosystem of strategic partnerships is central to its strategy to reshape the automotive technology value chain [3] Product Offerings - Key solutions include the Antora Series Computing Platform, Makalu Computing Platform, and Venado Computing Platform, which power various Geely models [8]
ECARX to Report Fourth Quarter and Full Year 2024 Financial Results on March 11, 2025
Newsfilter· 2025-02-17 12:00
Core Points - ECARX Holdings Inc. will report its financial results for Q4 and full year 2024 on March 11, 2025, before U.S. market opens [1] - An earnings conference call will be held on the same day at 8:00 a.m. U.S. ET, with a live audio webcast available [2] - Audio replay and presentation materials will be accessible on the company's investor relations website after the event [3] Company Overview - ECARX is a global automotive technology provider specializing in turnkey solutions for next-generation smart vehicles, including system on a chip (SoC) and central computing platforms [4] - Founded in 2017 and listed on Nasdaq in 2022, ECARX has over 1,800 employees across 12 major locations worldwide [5] - The company is co-founded by Ziyu Shen and Eric Li, with products present in over 7.3 million vehicles globally [5]
ECARX to Power Launch of First Hongqi Model Under Strategic Partnership with FAW, Debuting AutoGPT with DeepSeek-R1 Integration
Globenewswire· 2025-02-11 12:00
Core Insights - ECARX Holdings Inc. has launched its first intelligent cockpit in the Hongqi Tiangong 05 all-electric sedan, marking a significant milestone in its partnership with FAW Group [1][2] - The intelligent cockpit is powered by ECARX's Antora 1000 Pro computing platform and features a customized Hongqi FAW OS, integrating advanced AI capabilities [2][3] - The collaboration aims to create a scalable and cost-effective solution for future Hongqi models, enhancing the user experience while reducing complexity [2][4] Company Overview - ECARX is a global automotive technology provider specializing in full-stack solutions for next-generation smart vehicles, including system on a chip (SoC) and central computing platforms [4] - Founded in 2017 and listed on Nasdaq in 2022, ECARX has over 1,800 employees across 12 locations worldwide [5] - The company has partnerships with various automakers, including FAW and Dongfeng Peugeot-Citroën, and its products are present in over 7.3 million vehicles globally [5]
ECARX AutoGPT Integrates DeepSeek-R1 Model
Newsfilter· 2025-02-10 12:00
Core Insights - ECARX Holdings, Inc. has announced a significant upgrade to its ECARX AutoGPT in-vehicle AI application by integrating the DeepSeek-R1 model, enhancing user experience through faster, more secure, and personalized interactions [1][3] - The integration allows for local execution of complex tasks, reducing reliance on cloud resources, which improves data privacy, lowers latency, and decreases data transmission and storage costs [2][3] - The upgrade emphasizes the unique value proposition of ECARX in providing cutting-edge technology and strategic partnerships to global automakers, crucial for the sustainable development of the automotive industry towards software-defined vehicles [3][4] Company Overview - ECARX is a global automotive technology provider that delivers turnkey solutions for next-generation smart vehicles, including system on a chip (SoC), central computing platforms, and software [5] - Founded in 2017 and listed on Nasdaq in 2022, ECARX has over 1,800 employees across 12 major locations worldwide, including China, the UK, the USA, Sweden, Germany, and Malaysia [6] - The company has partnerships with notable automakers such as FAW and Dongfeng Peugeot-Citroën, with its products present in over 7.3 million vehicles globally [6]
ECARX Holdings: A Next-Gen Automotive Tech Play With A Bargain Price Tag
Seeking Alpha· 2025-01-15 05:51
Core Insights - The article emphasizes the importance of fundamental financial ratios and metrics in stock market analysis, particularly in the tech sector [1]. Group 1 - The company specializes in analyzing individual stocks with a strong educational background in finance and economics [1]. - The investment philosophy focuses on simplicity, suggesting that complex analysis may not always yield clearer insights compared to fundamental metrics [1]. - The company actively engages with a global community of investors through Seeking Alpha, leveraging the platform's reach for idea sharing and exposure [1].
ECARX's Cloudpeak® Hypervisor Receives ISO 26262 ASIL-D Certification
GlobeNewswire News Room· 2025-01-08 12:00
Core Insights - ECARX Holdings, Inc. has achieved the highest level of functional safety certification, ASIL D, for its Cloudpeak hypervisor under the ISO 26262 standard, highlighting its commitment to automotive safety [1][2][3] - The Cloudpeak hypervisor provides safe, reliable, and high-performance virtualization capabilities, essential for the evolving automotive architectures that are increasingly reliant on central computing [2][3] - ECARX is positioned as a global automotive technology provider, offering comprehensive solutions from system on a chip (SoC) to central computing platforms and software, aimed at enhancing user experience while reducing complexity and costs [4][5] Company Overview - Founded in 2017 and listed on Nasdaq in 2022, ECARX employs over 1,800 people across 12 major locations worldwide, including China, the UK, the USA, Sweden, Germany, and Malaysia [5] - The company was co-founded by Ziyu Shen and Eric Li, who is also the chairman of Zhejiang Geely Holding Group, which has stakes in various global automotive brands [5] - ECARX's products are integrated into over 7.3 million vehicles globally, showcasing its significant market presence [5]
ECARX Announces US$20,000,000 Share Repurchase Program
Newsfilter· 2024-12-20 12:00
Core Viewpoint - ECARX Holdings, Inc. has announced a share repurchase program authorizing the repurchase of up to US$20 million of its ordinary shares until September 30, 2025, aiming to enhance shareholder value [2]. Company Overview - ECARX is a global automotive technology provider specializing in turnkey solutions for next-generation smart vehicles, including system on a chip (SoC), central computing platforms, and software [3]. - Founded in 2017 and listed on Nasdaq in 2022, ECARX employs over 1,800 people across 12 major locations worldwide, including China, the UK, the USA, Sweden, Germany, and Malaysia [4]. - The company was co-founded by Ziyu Shen and Eric Li, who is also the chairman of Zhejiang Geely Holding Group, which has interests in various global automotive brands [4]. - ECARX's products are currently integrated into over 7.3 million vehicles globally, showcasing its significant market presence [4]. Share Repurchase Program - The share repurchase may occur in the open market at prevailing prices, through privately negotiated transactions, block trades, or other legally permissible means, depending on market conditions [5]. - The program will be funded from the company's existing cash balance, and the board will periodically review and may adjust the terms and size of the repurchase program [5].
ECARX Receives SASO Award for Contributions to Generative AI Quality Assurance at Saudi Arabia's National Quality Conference
GlobeNewswire News Room· 2024-11-26 12:00
Core Insights - ECARX Holdings, Inc. received a special recognition award from the Saudi Standards, Metrology, and Quality Organization (SASO) at the Saudi Arabia National Quality Conference for its contributions to AI-driven automotive innovation and quality assurance [1][4] - The National Quality Conference focused on cross-sector collaboration and attracted over 60 industry leaders to discuss technological innovation for sustainable development [2][7] - ECARX's Senior Director of Product, Siying Gong, presented on "Generative AI in Quality Assurance," highlighting the importance of safety and performance standards in next-generation vehicles [3][4] Company Overview - ECARX is a global automotive technology provider that offers full-stack solutions for next-generation smart vehicles, including system on a chip (SoC), central computing platforms, and software [5] - Founded in 2017 and listed on Nasdaq in 2022, ECARX has over 1,800 employees across 12 locations worldwide, including China, the UK, the USA, Sweden, Germany, and Malaysia [6] - The company collaborates with major automakers, including FAW and Dongfeng Peugeot-Citroën, and its products are present in over 7.3 million vehicles globally [6]