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

Core Insights - ECARX Holdings Inc. has entered a strategic partnership with Black Sesame Technologies to enhance the development of advanced driver-assistance systems (ADAS) and foster an integrated intelligent driving ecosystem [1][2] - The collaboration will involve sharing supply chain information and jointly developing demonstration models to accelerate innovation and promote the adoption of intelligent driving solutions [2] - ECARX aims to leverage Black Sesame's capabilities to create synergies that will drive innovation and transformation in the global automotive industry [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) and central computing platforms [3] - Founded in 2017 and listed on Nasdaq in 2022, ECARX has over 2,000 employees across 11 locations worldwide and has products in over 5.6 million vehicles [4] - Black Sesame Technologies is recognized for its automotive-grade computing SoCs and intelligent vehicle solutions, focusing on autonomous driving and advanced functionalities [5]