ECARX Holdings, Inc. engages in the design, development, and delivery of vehicle technology. Its products include infotainment head units, digital cockpits, vehicle chip-set, operating system and software stack. The company was founded in 2017 and is based in Shanghai, China with an additional office in Europe.

ECARX Holdings, Inc.

ECARX is s a global automotive technology provider with the capabilities to deliver turnkey solutions for software-defined vehicles, from the system on a chip (SoC), to central computing platforms, and software. As automakers develop new electric vehicle architectures from the ground up, ECARX is developing full-stack solutions to enhance the user experience, while reducing complexity and cost.

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ECARX

🚗 Accelerate into the future of automotive software development! Discover how Agile is revolutionizing the industry, managing complexity, and shortening development cycles. From its origins to real-world applications, our latest article by our Head of Product Centre Thomas Esebrant unveils the impact of Agile on the software-defined vehicles era. Uncover industry insights, challenges, and the pivotal role of closer collaborations. 

Click the link now to dive into the dynamic transformation shaping the automotive landscape! 🔗

https://lnkd.in/eRTpbqCC

The countdown begins! There is only one week to go until Polestar 4 is sold in Europe and Australia! 

Looking forward to seeing ECARX solutions on the road very soon 👀

It’s never too late to relive ECARX’s incredible 2023 achievements 🚀

Check out our 2023 wrap video highlighting the milestones, innovations and teamwork that powered our growth ✨

#vehiclemind #digitalcockpit #softwaredefinedvehicle

Reflecting on a productive week at #CES2024 in Las Vegas for ECARX 🪞

From engaging discussions to promising innovations, our time there has filled us with anticipation for the future. 🔮

A huge shoutout to the entire ECARX team for their hard work and dedication that made this event a success.👏

Looking forward to turning our discussion and connections into meaningful partnerships to accelerate the future of software-defined vehicles together! 🌐🚗

Day 2 of CES and I have gathered some thoughts and reflections so far from the show itself. Having been coming to CES for a number of years now, it is always interesting to see how the show has changed each year, what the themes of the show are, and which companies have gone all out on their presence and which ones are not here at all.

It is clear even from the entrance hall advertising that Software Defined Vehicle (SDV) is front and centre at this year’s show. Lots of Tier 1 and Tier 2 companies are talking about their role in that movement in the automotive industry and many OEMs are using CES as a platform to talk about their approach to SDVs.

We have seen two major OEMs announce ChatGPT integrations in their vehicles here and ECARX sees the integration of Large Language Modules as something that is going to be increasingly a requirement for automakers and their customers. It is interesting to note that some of these integrations are being rolled out to cars that are already built via Software Over the Air (SOTA) updates.

Whilst this is excellent news for customers of recently built cars, it also highlights the issue for SOTA that OEMs and their customers are increasingly realising - computing horsepower is now as important as mechanical horsepower. At ECARX we have been showing our flagship digital cockpit Makalu platform, which has significant processing power headroom to allow for years of updates after production. 

We have been working on true software defined vehicles with many of our OEM customers for many years and the automotive industry's attention is now firmly focused on delivering customer SDVs in many forms.

ECARX is in full swing at #CES2024! 
Here’s a snapshot of what's going on at our suite:

🚗 Showcasing Innovation - Come check out our automotive tech solutions for ADAS and Centralised Domain Controllers. ECARX Makalu and ECARX Super Brain can be demo'd in our suite for a glimpse of the software-defined vehicle of the future.

🤝 Networking opportunities with tech experts and industry pioneers.

Join us now at CES!

#TechInnovation #CESExperience #softwaredefinedvehicles

We are thrilled to continue our partnership with AMD and see the capabilities of the new Ryzen™ Embedded V2000A Series processor in our digital cockpit solution (ECARX Makalu) on the roads in 2024!

https://lnkd.in/eHuQstak

The most powerful tech event in the world is back! Next week ECARX will be in Las Vegas for #CES2024 to showcase our automotive technology solutions 💥
 
Come and meet us to find out how we are accelerating the future of software-defined vehicles

Wishing you a very happy new year from everyone at ECARX! 🎊

Today marks an important milestone in the strengthening of our relationship with smart Automobile 🤝 

Following our collaboration with smart on the development of the smartOS for the #1 and #3 models, we are now embarking on a JV that aims to leverage the strengths of both companies in brand power, product development expertise, and R&D advancements. 

The aim of this initiative is to accelerate the future of software-defined vehicles on a global scale 🌎 

https://lnkd.in/ehEXFePb

	Dec '21	Dec '22	Dec '23
account payables	761.50M -	1.26B 66.00%	2.10B 65.87%
accumulated other comprehensive income loss	6.05M -	-385.90M 6,480.62%	-344.73M 10.67%
cash and cash equivalents	877.96M -	737.40M 16.01%	561.15M 23.90%
cash and short term investments	877.96M -	737.40M 16.01%	699.02M 5.20%
common stock	7K -		10K -
deferred revenue	365.97M -	321.40M 12.18%	207.64M 35.40%
deferred revenue non current	473.07M -	282.20M 40.35%	134.00M 52.52%
deferrred tax liabilities non current		16.50M -	96.01M 481.89%
goodwill		11K -
goodwill and intangible assets	31.03M -	36.70M 18.29%	179.34M 388.67%
intangible assets	31.03M -	36.69M 18.25%	179.34M 388.81%
inventory	223.32M -	131.60M 41.07%	160.78M 22.17%
long term debt		499.40M -	563.31M 12.80%
long term investments	1.35B -	489.80M 63.83%	300.99M 38.55%
net debt	181.34M -	824.60M 354.71%	1.25B 51.25%
net receivables	1.02B -	1.96B 91.66%	2.06B 5.09%
other assets
other current assets	14.24M -	412.90M 2,799.58%	36.28M 91.21%
other current liabilities	835.88M -	951.40M 13.82%	666.00M 30.00%
other liabilities
other non current assets	21.83M -	239.70M 997.88%	252.59M 5.38%
other non current liabilities	4.55B -	47.20M 98.96%	93.31M 97.69%
othertotal stockholders equity		5.92B -	6.09B 2.94%
preferred stock
property plant equipment net	103.16M -	203.70M 97.47%	245.99M 20.76%
retained earnings	-4.11B -	-5.71B 38.99%	-6.67B 16.80%
short term debt	1.06B -	1.06B 0.31%	1.25B 17.17%
short term investments			137.88M -
tax assets
tax payables	39.09M -	21.60M 44.75%	117.28M 442.97%
total assets	3.97B -	4.25B 7.17%	4.27B 0.39%
total current assets	2.46B -	3.28B 33.56%	3.29B 0.23%
total current liabilities	3.02B -	3.60B 19.08%	4.22B 17.11%
total debt	1.06B -	1.56B 47.46%	1.81B 15.77%
total investments	1.35B -	489.80M 63.83%	438.86M 10.40%
total liabilities	8.04B -	4.43B 44.96%	5.10B 15.22%
total liabilities and stockholders equity	3.97B -	4.25B 7.17%	4.27B 0.39%
total non current assets	1.51B -	969.90M 35.77%	978.90M 0.93%
total non current liabilities	5.02B -	828.80M 83.50%	886.62M 6.98%
total stockholders equity	-4.10B -	-177.20M 95.68%	-921.41M 419.98%

COM:ECARXGROUP

ECARX Holdings Inc.

Last Close

1.65

22/11 21:00

Market Cap

591.62M

Beta: -

Volume Today

8.43K

Avg: -

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