Core Insights - ECX achieved total revenue of $155.6 million in Q2 2025, with a significant increase in the shipment of its Antora series smart cockpit platform, reaching 135,000 units, a year-on-year growth of 112% [1] - The company has surpassed cumulative sales of 1 million units, becoming one of the fastest electric vehicle brands to reach this milestone, driven by widespread adoption in popular models like Geely Galaxy [1] - ECX's global strategy has led to over 9.3 million units installed, securing overseas orders with a lifecycle value exceeding $1 billion, indicating strong international growth momentum [1] Financial Performance - Operating expenses were reduced to $57.2 million, a 20% decrease year-on-year, showcasing effective cost control and resource optimization [1] Product and Partnership Developments - The company has expanded its partnerships beyond Geely, collaborating with major automakers, including a project with Volkswagen Group and a partnership with one of China's top five automotive manufacturers, expected to enter mass production in 2026 [2] - ECX is developing the next-generation smart cockpit operating system for a global luxury automotive brand, enhancing its technological influence and market competitiveness [2] International Expansion - Plans to establish a global headquarters in Singapore by the second half of 2025, aimed at supporting global clients through enhanced R&D, supply chain, and intellectual property management [2] - Recognition from major international automakers, including the "Technology Development and Innovation Award" at Volkswagen's annual supply chain conference in Brazil, highlights the company's technological capabilities [2] Market Diversification - ECX has received orders for its self-developed solid-state 3D LiDAR products from non-automotive sectors, marking its entry into the robotics and embodied intelligence market, thus creating a "second growth curve" [2] Future Outlook - The company is optimistic about achieving EBITDA breakeven and nearly 20% revenue growth for the full year 2025, driven by new mass production projects and the establishment of the Singapore headquarters [3]