Financial Highlights - Q4 2024 revenue reached RMB 19407 million, a 4% year-over-year increase[13, 51] - FY24 revenue totaled RMB 56 billion, up 18% year-over-year[13] - Q4 2024 gross profit was RMB 411 million, with a gross margin of 21%[13, 53] - FY24 gross profit amounted to RMB 1154 million, with a gross margin of 21%[13] - Q4 2024 adjusted EBITDA was RMB 744 million, resulting in an adjusted EBITDA margin of 4%[55, 70] - Q4 2024 net loss was RMB 395 million, representing a net margin of -2%[57, 67] - FY24 net loss was RMB 9899 million[67] Operational Metrics - ECARX products are integrated into over 81 million vehicles as of December 31, 2024[13] - The company serves 18 OEMs across 28 vehicle brands as of December 31, 2024[13] - Geely Geome E02 achieved cumulative shipments of over 21 million as of December 31, 2024[38] Product and Technology - ECARX has a major presence across three continents with R&D centers and operation centers[17, 18, 21, 22] - ECARX Cloudpeak software solution offers customizable cross-domain software development solutions[27] - ECARX is developing AI solutions including AI Voice, AI Scene Engine, and ADAS Copilot[31]