ECARX Holdings Inc is engaged in the sales of system-on-chip core modules, automotive computing platform products, and software stacks as well as the provision of research and development services primarily in the People's Republic of China. The company's core products include infotainment head units, digital cockpits, vehicle chip-set solutions, a core operating system, and an integrated software stack. Beyond this, ECARX is developing a full-stack automotive computing platform. It is engaged in automotive intelligence and networking.

ECARX Holdings Inc. Class A Ordinary shares

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.

Yangtze River Industry Fund

Lotus Technology

Luminar

Geely

SPDB International Holdings

CNCB Capital

Geely Auto Group

China Reform Holdings Corporation

Hangzhou Trust

Baidu

SIG China (SIG Asia Investments)

Geely Automobile Holdings Limited

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

	Mar '21	Sep '21	Dec '21	Mar '22	Jun '22	Sep '22	Dec '22	Mar '23	Jun '23	Sep '23	Dec '23	Mar '24	Jun '24
net income	-3.27M -	7.12M 318.02%	1.15M 83.81%	6.85M 494.48%	-828.06K 112.08%	2.25M 371.69%	-107.30M 4,869.36%	-28.40M 73.53%	-24.30M 14.44%	-36.40M 49.79%	-41.53M 14.10%	-39.43M 5.06%	-39.09M 0.85%
depreciation and amortization							2.90M -	2.60M 10.34%	2.60M 0%	2.50M 3.85%
deferred income tax
stock based compensation											7.40M -	3.48M 53.03%
change in working capital	-1.45M -	216.35K 114.93%	704.29K 225.53%	69.37K 90.15%	2.96M 4,171.09%	622.05K 79.01%	24.33M 3,811.88%
accounts receivables
inventory
accounts payables		17.59K -	485.28K 2,659.18%	-72.56K 114.95%	2.75M 3,887.05%
other working capital	-1.45M -	198.76K 113.72%	219.00K 10.18%	141.93K 35.19%	214.90K 51.41%	622.05K 189.46%	24.33M 3,811.88%
other non cash items	3.03M -	-7.44M 345.62%	-2.65M 64.40%	-7.48M 182.45%	-2.35M 68.55%	-2.96M 25.91%	16.22M 647.24%	31M 91.18%	26.90M 13.23%	38.90M 44.61%	34.13M 12.26%	35.95M 5.33%	39.09M 8.73%
net cash provided by operating activities	-1.69M -	-86.42K 94.87%	-306.63K 254.81%	-631.05K 105.81%	-218.56K 65.37%	-91.24K 58.26%	-63.85M 69,883.83%	5.20M 108.14%	5.20M 0%	5M 3.85%
investments in property plant and equipment							-18.53M -
acquisitions net							-2.89M -
purchases of investments	-300M -						-11.52M -
sales maturities of investments
other investing activites							-8.18M -
net cash used for investing activites	-300M -						-41.11M -
debt repayment	-25.50K -			-626.32K -	-218.56K 65.10%	-91.24K 58.26%	-54.66M 59,808.68%
common stock issued	302.20M -
common stock repurchased
dividends paid
other financing activites							28.33M -
net cash used provided by financing activities	302.18M -			626.32K -	218.56K 65.10%	91.24K 58.26%	82.99M 90,862.97%
effect of forex changes on cash							134.81M -
net change in cash	492.01K -	-86.42K 117.56%	-306.63K 254.81%	-4.74K 98.46%			112.85M -	35.15M 68.85%	-20.40M 158.04%	-33.40M 63.73%
cash at beginning of period		400.23K -	313.81K 21.59%	7.18K 97.71%	2.44K 65.97%	2.44K 0%	2.44K 0%	112.85M 4,617,289.53%	148M 31.15%	127.60M 13.78%
cash at end of period	492.01K -	313.81K 36.22%	7.18K 97.71%	2.44K 65.97%	2.44K 0%	2.44K 0%	112.85M 4,617,289.53%	148M 31.15%	127.60M 13.78%	94.20M 26.18%
operating cash flow	-1.69M -	-86.42K 94.87%	-306.63K 254.81%	-631.05K 105.81%	-218.56K 65.37%	-91.24K 58.26%	-63.85M 69,883.83%	5.20M 108.14%	5.20M 0%	5M 3.85%
capital expenditure							-18.53M -
free cash flow	-1.69M -	-86.42K 94.87%	-306.63K 254.81%	-631.05K 105.81%	-218.56K 65.37%	-91.24K 58.26%	-82.38M 90,189.19%	5.20M 106.31%	5.20M 0%	5M 3.85%

COM:ECARXGROUP

ECARX Holdings Inc.

Last Close

1.65

22/11 21:00

Market Cap

552.44M

Beta: -

Volume Today

8.43K

Avg: -

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