Ecarx Holdings Stock Price, News & Analysis

ECARX Holdings (Nasdaq: ECX), a global mobility tech provider, has announced it will release its fourth quarter and full year 2024 financial results on Tuesday, March 11, 2025, before U.S. market opening. The company will host an earnings conference call and webcast at 8:00 a.m. U.S. ET on the same day.

Management will discuss financial results and take questions from analysts and institutional investors during the call. Participants are advised to register at least 15 minutes before the call. Audio replay and presentation materials will be available on ECARX's investor relations website after the event.

ECARX Holdings (Nasdaq: ECX) announced the debut of its first jointly developed intelligent cockpit with FAW Group in the Hongqi Tiangong 05 all-electric sedan, launched in January. This implementation marks a significant milestone in their strategic partnership formed in April 2024.

The intelligent cockpit features ECARX's Antora 1000 Pro computing platform, integrated with customized Hongqi FAW OS, ECARX Cloudpeak, and the upgraded ECARX AutoGPT with DeepSeek-R1 integration. The solution, developed through combined R&D efforts, creates an end-to-end value chain for intelligent cockpit development, from software and hardware design to system integration.

The system will be scaled across future Hongqi models, offering a cost-effective solution aligned with evolving E/E architecture.

ECARX Holdings (Nasdaq: ECX) announced a major upgrade to its ECARX AutoGPT in-vehicle AI application by integrating the DeepSeek-R1 model. This integration enhances local processing capabilities, improving data privacy and reducing cloud dependency, latency, and costs.

The upgrade strengthens AutoGPT's core capabilities including AutoAgent, AutoFlow, AutoScene, and AutoEco, which are built on leading language models. The enhancement enables better reasoning, decision-making, and personalized user experiences in automotive-specific scenarios.

The integration allows for local execution of complex tasks, ensuring compliance with privacy regulations while reducing security certification costs for ECARX's global customer base. The company aims to deliver smarter, safer, and more efficient in-vehicle solutions through its open ecosystem of partnerships.

ECARX Holdings (Nasdaq: ECX), a global mobility tech provider, has announced a change in its board of directors. Zenggang Liu has been appointed as a director effective January 13, 2025, replacing Tao Li, who resigned due to personal reasons. Liu, who joined Baidu in 2014, currently serves as the deputy general manager of Baidu Maps, overseeing its open platform and navigation business. He holds a bachelor's degree from Harbin Institute of Technology and a master's degree from Northeastern University.

ECARX Holdings (Nasdaq: ECX) announced that its Cloudpeak® hypervisor, a core component of the Cloudpeak® software stack, has achieved ISO 26262 ASIL-D certification, the highest level of functional safety certification in automotive standards. The certification was jointly issued by LQRA and DEKRA, validating ECARX's capabilities in automotive-grade safety development.

The Cloudpeak® hypervisor provides safe, reliable, high-performance low-loss virtualization capabilities for vehicles integrated with the Cloudpeak® software stack. The technology has already been successfully implemented in ECARX's Makalu® computing platform, powering models like the Lynk & Co Z10 and smart #5.

According to Rongbo Zhang, ECARX Head of R&D, this certification demonstrates their ability to develop components meeting stringent functional and informational safety requirements, supporting the expansion of Cloudpeak® software stack across multiple operating systems and computing platforms globally.

ECARX Holdings (Nasdaq: ECX) has announced a share repurchase program authorizing the buyback of up to $20 million worth of ordinary shares. The program will run until September 30, 2025. Repurchases may be executed through open market transactions, private negotiations, block trades, or other legal means, subject to market conditions and regulations. The company plans to fund the buybacks using its existing cash reserves. The board will periodically review and may adjust the program's terms and size. All transactions will comply with SEC Rules 10b-18 and 10b5-1 requirements.

ECARX Holdings (Nasdaq: ECX) received a special recognition award from the Saudi Standards, Metrology, and Quality Organization (SASO) at Saudi Arabia National Quality Conference for its contributions to AI-driven automotive innovation. The conference gathered over 60 industry leaders focused on technological innovation and sustainable development. Senior Director of Product Siying Gong presented on 'Generative AI in Quality Assurance,' highlighting ECARX AutoGPT, which features AutoAgent, AutoFlow, AutoScene, and AutoEco capabilities designed to enhance in-vehicle experience.

ECARX Holdings showcased its Skyland Pro ADAS solution at AutoSens China 2024, demonstrating high-performance, cost-effective intelligent driving capabilities. Jie Zhang, ADAS Product Director, presented on balancing performance and cost in driving and parking ADAS solutions. The Skyland Pro, currently in mass production, powers vehicles including Lynk & Co 08 EM-P and 07 EM-P models, featuring parking assistance and highway Navigate-on-Autopilot (NOA). ECARX aims to scale this technology across various brands while continuing to enhance its performance.

ECARX Holdings (Nasdaq: ECX) has signed a three-year components procurement and R&D services agreement with Geely Auto. The agreement, effective until December 31, 2027, includes annual caps of RMB6,387.281 million, RMB6,430.855 million, and RMB6,489.889 million for 2025, 2026, and 2027 respectively. ECARX will provide automobile components and R&D services to enhance Geely Auto's new energy vehicles driving technology system. The company will continue supporting brands within Geely Auto, such as ZEEKR and LYNK & CO, while maintaining its commitment to serve external brands like Volvo, smart, Lotus, and Polestar.