Core Viewpoint - ECARX Holdings Inc. has entered into a strategic investment agreement with Lotus Technology Inc., committing US$23 million to enhance collaboration and expand their partnership in the automotive technology sector [1][3]. Investment Details - ECARX will subscribe for 16,788,321 newly issued ordinary shares of Lotus Tech at a price of US$1.37 per share, with the investment expected to close within 30 days [2]. - The shares issued in this private placement will be subject to a six-month lock-up period, with customary exceptions [2]. Strategic Partnership - The investment aims to deepen the collaboration between ECARX and Lotus Tech, focusing on deploying ECARX's Pikes® computing platform and Cloudpeak® software stack in Lotus Tech's vehicles globally [3]. - This partnership is expected to accelerate ECARX's global expansion and enhance the next-generation intelligent driving experience [3]. Company Profiles - ECARX is a global automotive technology provider specializing in turnkey solutions for smart vehicles, with over 1,500 employees and operations in 13 locations worldwide [5][6]. - Lotus Technology Inc. focuses on luxury electric vehicles and next-generation automobility technologies, with operations across the UK, EU, and China [7].

NEW YORK, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that the Company entered into a share subscription agreement (the “Subscription Agreement”) with ECARX Holdings Inc. (“ECARX”) (Nasdaq: ECX), a global mobility technology provider, on December 23, 2025. ECARX has agreed to subscribe for and purchase from the Company, through a private placement, a total of 16,788,321 newly ...

Group 1 - ECARX Holdings Inc. is recognized as one of the best small-cap EV stocks to buy according to analysts, with a focus on next-generation AI experiences for their new hybrid models [1] - The company announced the launch of the Lynk & Co 07 EM-P hybrid sedan and 08 EM-P hybrid SUV, which will utilize their Pikes computing platform and Cloudpeak cross-domain software [2] - The new solution will be powered by Qualcomm's Snapdragon SA8295P automotive-grade SoC, enabling features such as AI agents, 95-inch AR-HUDs, navigation, voice interaction, and vehicle control [2][3] Group 2 - ECARX Holdings Inc. specializes in developing systems on chip modules for automotive computing platforms and integrated software solutions for vehicle cockpits [3] - While ECARX shows potential as an investment, there are other AI stocks that may offer greater upside potential and less downside risk [4]

Core Insights - ECARX Holdings Inc. reported a total revenue of US$155.6 million for Q2 2025, reflecting a 10% decrease year-over-year, attributed to seasonal headwinds and contract timing [2][7] - The company aims to achieve EBITDA breakeven in each of the remaining quarters of 2025, targeting close to 20% revenue growth for the year [2][3] - Shipments of the Antora series solutions increased by 112% year-over-year, reaching 135,000 units, driven by demand from the Geely portfolio [3][11] Financial Performance - Total revenue for Q2 2025 was US$155.6 million, down 10% YoY, with sales of goods revenue at US$131.2 million, up 1% YoY [7][28] - Software license revenue fell 85% YoY to US$1.2 million, primarily due to declines in intellectual property and per-vehicle software license revenues [7][28] - Service revenue decreased by 34% YoY to US$23.2 million, mainly due to reduced design and development service contracts [8][28] - Gross profit was US$16.8 million, down 58% YoY, resulting in a gross margin of 11%, down from 23% in the same period last year [11][28] - Net loss for Q2 2025 was US$45.4 million, compared to a net loss of US$42.1 million in Q2 2024 [11][28] Business Development Highlights - The company is expanding its global footprint, collaborating with a top-five automaker in China and developing a next-generation intelligent cockpit operating system for a premium global brand [3][11] - ECARX has secured contract wins with a total lifetime revenue of over US$1 billion, indicating strong demand for its technology [3][11] - The company received the Technical Development & Innovation award from Volkswagen Brazil, highlighting its innovation and global impact [4][18] - A new global headquarters in Singapore is set to open in the second half of 2025, aimed at enhancing R&D collaboration and supply chain optimization [4][11] Technological Advancements - The company is focusing on safety, security, and performance benchmarks for products that can be deployed across various applications [4][11] - ECARX's lidar technology has been selected by a leading developer of robotic lawn mowers, marking the start of monetization beyond the automotive sector [3][11] - The company is supporting the launch of new vehicle programs that integrate advanced computing platforms and software stacks, setting new standards for AI-powered intelligent cockpits [11][18]