ECARX(US:ECX) Newsfilter·2024-07-29 11:00Company Updates - ECARX Holdings Inc. announced the appointment of Mr. Tao Li as a director, effective July 29, 2024, replacing Mr. Tan Su who resigned for personal reasons [1] - Mr. Li has extensive experience in R&D efficiency and AI technology application, having joined Baidu in 2012 and currently serving as general manager of Baidu's Apollo intelligent cockpit business since 2024 [1] Company Overview - ECARX is a global automotive technology provider that offers turnkey solutions for next-generation smart vehicles, including system on a chip (SoC), computing platforms, and software [2] - Founded in 2017 and listed on Nasdaq in 2022, ECARX employs over 2,000 people across 12 major locations worldwide, including China, the UK, the USA, Sweden, Germany, and Malaysia [3] - The company was co-founded by Ziyu Shen and Eric Li, who is also the chairman of Zhejiang Geely Holding Group, which has ownership interests in brands like Lotus, Lynk & Co, Polestar, Smart, and Volvo Cars [3] - ECARX collaborates with notable automakers such as FAW and Dongfeng Peugeot-Citroën, with its products present in over 6.4 million vehicles globally [3]