ECARX

What ECARX does

ECARX is a global automotive technology company founded in 2017, headquartered in London, UK, and listed on Nasdaq under the ticker ECX since a 2022 SPAC business combination with COVA Acquisition Corp. The company was co-founded by Ziyu Shen (CEO) and Eric Li (Li Shufu), founder of Zhejiang Geely Holding Group, and is operationally led from London with regional hubs in Shanghai, Gothenburg, Stuttgart, and San Diego, and approximately 1,500+ employees across 13 locations in China, the UK, the US, Sweden, Germany, Malaysia, Singapore, Brazil, and Vietnam.

The company delivers a vertically integrated, full-stack technology platform for software-defined and AI-defined vehicles spanning silicon (in-house and partner SoCs, including the SiEngine 7nm SE1000 used in Antora and the ECARX EXP01 RISC-V processor certified to ISO 26262 ASIL-D), system-on-modules and computing platforms (Antora 1000/1000 Pro/500, Makalu, Venado, Pikes, Super Brain, Zenith, Skyland/Skyland Pro ADAS), the Cloudpeak cross-domain software stack built on Android Automotive OS and Linux and co-developed with the HaleyTek JV with Volvo, and the in-development ORCA LiDAR platform co-developed with TPK. The pending acquisition of the Flyme software business (Flyme Auto in-vehicle OS deployed in 2M+ vehicles plus Flyme OS) from DreamSmart Group for US$266M further extends the stack into cross-device mobile-IoT-vehicle OS and is being integrated with generative AI cockpit agents (ECARX AutoGPT, ECARXperience). Customers include Geely, Lynk & Co, Volvo Cars, Polestar, Lotus, smart, FAW, Dongfeng Peugeot-Citroen, Proton, Mazda, and (most recently) Volkswagen Group for Latin America and Mercedes-Benz in China via Flyme, with technology deployed in approximately 11 million vehicles globally.

ECARX makes money primarily through enterprise project-based sales of full-stack automotive intelligence solutions to global automotive OEMs and Tier 1 suppliers, with multi-year design-win and supply contracts. Revenue is split across three streams: (i) sales of goods — automotive computing platforms and SoC modules (US$181.7M in Q3 2025, +11% YoY, the dominant line); (ii) software licensing, including IP licenses and per-vehicle fees (US$0.9M in Q3 2025, down 92% YoY on IP license timing); and (iii) design, development, and connectivity services (US$37.3M in Q3 2025, +68% YoY). Full-year 2025 revenue was US$847.9M (+10% YoY), Q4 2025 was a record US$304.7M, and 2026 guidance is US$1.0–1.1B with gross margin of 15–18% and three consecutive quarters of positive adjusted EBITDA reported through Q1 2026.

Name

ECARX

Legal name

ECARX Holdings Inc.

Website

https://ecarxgroup.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

ECARX is a global automotive technology company providing vertically integrated full-stack solutions — silicon, computing platforms, software (Cloudpeak), ADAS, and central computing — to OEMs including Geely, Volvo, Polestar, Volkswagen Group, and Mercedes-Benz, with technology deployed in approximately 11 million vehicles worldwide.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Sales of goods (hardware): Revenue from sales of automotive computing platforms (e.g., Antora series on SiEngine SE1000, Pikes on Snapdragon 8295) and SoC core modules. Q3 2025 sales-of-goods revenue was US$181.7M (+11% YoY), the dominant revenue line.
2. Software license revenue: Revenue from software licensing including intellectual property licenses and per-vehicle software license fees (e.g., Cloudpeak stack). Q3 2025 software license revenue was US$0.9M, down 92% YoY reflecting IP license timing.
3. Service revenue (design, development, connectivity): Revenue from design and development service contracts with OEMs and connectivity services. Q3 2025 service revenue was US$37.3M, up 68% YoY driven by higher number and value of design contracts plus growth in connectivity services.

Go-to-market motion3 records

Marketing channels8 records

Core offering

ECARX delivers a vertically integrated, full-stack automotive intelligence platform spanning in-house and partner SoCs (SiEngine SE1000, Qualcomm Snapdragon 8295/Elite, AMD Ryzen V2000, RISC-V EXP01), system-on-module computing platforms (Antora, Antora 1000 Pro, Antora 500, Makalu, Pikes, Venado, Zenith, Super Brain), an AI-driven software stack (Cloudpeak on Android Automotive OS and Linux, plus Flyme Auto and ECARX AutoGPT), ADAS platforms (Skyland, Skyland Pro) and centralized domain controllers for software-defined and AI-defined vehicles, sold to global automotive OEMs under multi-year design-win contracts.

Product overview

ECARX provides a vertically integrated, full-stack technology platform for software-defined and AI-defined vehicles, comprising hardware computing platforms (Antora 1000, Antora 1000 Pro, Antora 500, Makalu, Venado, Pikes, Zenith, Super Brain, EXP01), an ADAS portfolio (Skyland, Skyland Pro), a software/services layer (Cloudpeak, EAS, ECARX AutoGPT, ECARXperience), the in-development ORCA LiDAR sensor platform (with TPK), and — via its pending acquisition of the Flyme software business — the Flyme Auto cockpit OS and Flyme OS. The portfolio is structured around a core set of SoC-based computing platforms that share the common Cloudpeak cross-domain software stack and Google Automotive Services integration, augmented by ADAS/AV compute (Super Brain, Skyland Pro, Zenith), a centralized domain controller (Super Brain), automotive RISC-V microcontrollers (EXP01), generative AI cockpit agents (ECARX AutoGPT, ECARXperience), and ecosystem assets (EAS, and Flyme Auto/Flyme OS once acquired), together serving OEMs including Geely, Lynk & Co, Volvo, Polestar, smart, Lotus, FAW, Volkswagen Group and others across more than 11 million vehicles globally.

Differentiator

Problem solved

Functional benefit

Brands

• ECARX Makalu: Fifth-generation, ultra-high performance digital cockpit computing platform with AMD Ryzen V2000 processors; first ECARX platform with Unreal Engine 3D graphics at 10.1 TOPS.
• ECARX Antora 1000
• ECARX Antora 1000 Pro
• ECARX Venado
• ECARX Super Brain
• ECARX Skyland
• ECARX Skyland Pro
• ECARX Cloudpeak
• ECARX Zenith
• ECARX Pikes

Products and services

• ECARX Cloudpeak AI-driven full-stack digital cockpit software built on Android Automotive OS and Linux, supporting infotainment, instrument clusters, voice, machine vision, Google Automotive Services, Android Auto and Apple CarPlay, designed for global automotive OEMs and Tier 1 suppliers.
• ECARX Antora 1000 Fourth-generation, mid-end digital cockpit computing platform based on the 7nm SiEngine SE1000 SoC, supporting up to seven HD displays, voice and 3D surround sound, targeted at global automotive OEMs.
• ECARX Antora 1000 Pro High-performance variant of Antora 1000 with two SE1000 SoCs linked by ECARX's SE-LINK interconnect delivering 200K DMIPS for higher-end cockpit and safety-critical workloads.
• ECARX Antora 500 Cost-optimized digital cockpit computing platform supplied to Volkswagen Group for designated offline configurations, providing cost-performance balance for entry-segment vehicles.
• ECARX Makalu Fifth-generation, ultra-high-performance digital cockpit computing platform using AMD Ryzen V2000 processors with Unreal Engine 3D rendering, targeting immersive 3D UI, AR displays, home-cinema-grade audio and 3A in-vehicle gaming.
• ECARX Venado 12nm SoC computing module with integrated NPU for AI, 4G LTE, 8 video channels and TBOX support, enabling AVM, FACE ID, multi-screen display and AR Navigation use cases.
• ECARX Pikes Digital cockpit computing platform on Qualcomm Snapdragon 8295, integrated with Cloudpeak cross-domain software and Flyme Auto 2, deployed on Lynk & Co 10 EM-P and Geely Galaxy M9.
• ECARX Zenith High-performance unified intelligent cockpit and ADAS platform powered by Qualcomm Snapdragon Elite (SA8797) with 5K display, GAS, S-Core middleware and QNX 8.0 safety cluster; production expected 2027.
• ECARX Super Brain Central computing platform fusing digital cockpit and ADAS controller into one module with L2+ capability, ISO 26262 ASIL-B functional safety, and reduced wiring, R&D and component cost versus distributed ECUs.
• ECARX Skyland L2+ ADAS solution providing adaptive cruise control, lane-keeping, automatic emergency braking, navigation on autopilot and park assistance for mass-market automotive programs.
• ECARX Skyland Pro High-performance L2+ ADAS and parking platform with BEV perception, 5R10V sensors and 116 TOPS dual Black Sesame SoCs, built on BlackBerry QNX and AUTOSAR for global OEM functional safety.
• ECARX EXP01 RISC-V Automotive Processor First ECARX automotive RISC-V processor with dual-core safety architecture certified to ISO 26262 ASIL-D, suitable for safety-critical vehicle functions and foundation for next-generation automotive microcontrollers.
• ORCA LiDAR Platform LiDAR platform co-developed with TPK Holding for global ADAS and autonomous driving markets, combining ECARX sensor fusion with TPK optical design and high-volume manufacturing.
• ECARX AutoGPT and ECARXperience (Generative AI Cockpit) Generative AI cockpit systems (ECARX AutoGPT, ECARXperience) providing AI-driven in-cabin agents, generative UIs and natural-language interaction on ECARX computing platforms.
• ECARX Automotive Service (EAS) In-vehicle service and ecosystem layer tightly coupled with ECARX computing platforms, supporting AR navigation, application enablement and integration with the broader Cloudpeak software stack.
• ECARX L4 Robotaxi Central Computing Platform (May Mobility) Custom L4 central computing platform and full sensor suite for May Mobility's next-generation robotaxi fleet, targeting at least 50% system cost reduction by 2028 across more than 10,000 autonomous vehicles.
• Flyme Auto (pending acquisition) In-vehicle cockpit operating system with cross-device mobile-IoT-vehicle connectivity and AI integration, already deployed in over 2 million production vehicles, to be acquired from DreamSmart Group and operated as an independent software division.
• Flyme OS (pending acquisition) Cross-device mobile operating system built on more than 15 years of Meizu R&D, included in ECARX's pending acquisition of the Flyme software business from DreamSmart Group.

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability12 records

Feature12 records

Partnerships

20 partnerships are on record, tiered flagship and core.

• DreamSmart Group (Xingji Meizu)flagshipStrategic or Co-development Partner · 22 June 2026Definitive agreement to acquire the entire Flyme software business for RMB 1.8 billion (~US$266 million) — comprising Flyme Auto (in 2M+ vehicles) and Flyme OS (15-year R&D history) — through newly carved-out Hubei Qiguang Technology Co., Ltd. Financed 70% syndicated bank loans, 30% internal sources; plus RMB 200M post-closing capital injection. ECARX will operate Flyme as an independent software division.
• TPK Holding Co., Ltd.flagshipStrategic or Co-development Partner · 29 May 2026Signed binding memorandum of cooperation on May 29, 2026, to jointly develop the ORCA LiDAR platform for global ADAS and autonomous-driving markets — ECARX's formal entry into the LiDAR segment. ECARX contributes sensor-fusion and system integration; TPK handles optical design and high-volume manufacturing at its Thailand facility. Mass production scheduled for 2028, targeting vehicle OEMs and Robotaxi fleets.
• SiEngine TechnologyflagshipTechnology or Integration · 29 May 2026Joint venture partner for high-end automotive SoCs (Antora 1000/1000 Pro built on SiEngine's 7nm SE1000 SoC). SiEngine produces the Longying One cockpit chip and Xingchen One ADAS chip; ECARX is majority shareholder in the JV. SiEngine shipments of SE1000-based products hit record 196,000 units in Q3 2025.
• Geely Auto Group + StepFuncoreStrategic or Co-development Partner · 29 May 2026Geely's 'ecosystem co-creation' strategy partners Geely, StepFun, and ECARX to advance full-domain AI in vehicles, leveraging AI for cabins to fully autonomous driving. Announced at Future Auto Pioneer Conference in Munich.
• May Mobility Inc.flagshipStrategic or Co-development Partner · 19 May 2026Strategic framework agreement signed May 19, 2026, for ECARX to serve as exclusive technology provider of custom L4 central computing platforms and full sensor suite for May Mobility's next-generation autonomous ride-hail fleet. Total estimated project value ~US$750 million over lifecycle across 10,000+ AVs; pilot 2027, commercial scale 2028, targeting 50% cost reduction.
• Zhuoyu Technology (ZYT)coreStrategic or Co-development Partner · 4 February 2026Two strategic partnerships signed Feb 2026 for R&D and mass production of central computing platforms for next-gen smart vehicle E/E architectures. ZYT provides autonomous driving systems, combined with ECARX's cockpit expertise and SiEngine's chips ('iron triangle' ecosystem).
• Qualcomm Technologies, Inc.flagshipTechnology or Integration · 30 January 2026Snapdragon SoCs power ECARX computing platforms — Snapdragon 8295 powers Pikes, Snapdragon Elite (SA8797) powers the new Zenith unified cockpit/ADAS platform debuted at CES 2026. Mass production of Zenith expected in 2027.
• Lotus Technology Inc. (Lotus Tech)coreStrategic or Co-development Partner · 23 December 2025ECARX invested US$23 million in Lotus Technology via private placement (16,788,321 shares at US$1.37). Partnership focuses on deploying ECARX's Pikes computing platform and Cloudpeak cross-domain software stack with Google Automotive Services in Lotus vehicles globally.
• Volkswagen GroupflagshipOEM/ Whitelabel/ Licensing Partner · 13 November 2025Second 2025 agreement for Volkswagen Group to deploy ECARX Antora 1000 (with Google Automotive Services) and Antora 500 (offline) digital cockpit solutions, plus Cloudpeak software, across multiple Volkswagen brand vehicles in Brazil and Latin America. Builds on March 2025 award for Volkswagen and Škoda vehicles globally and was recognized with the Volkswagen Brazil Partnership Connectivity Award at 'The One 2026' in Rio de Janeiro.
• Victory Giant Technology (VGT)coreTechnology or Integration · 22 October 2025Global strategic partnership to develop high-performance computing platforms for the automotive industry; VGT supplies custom-engineered PCBs to ECARX's manufacturing centers.
• Mercedes-Benz AGflagshipOEM/ Whitelabel/ Licensing Partner · 11 July 2025Mercedes-Benz integrating Flyme Auto OS (joint ECARX/DreamSmart offering) into its vehicles sold in China, starting with the long-wheelbase E-class in 2027 — strategic response to declining sales in China.
• AMD (Advanced Micro Devices)coreTechnology or Integration · 1 January 2024Collaboration on next-gen electric vehicle in-vehicle computing platform; AMD Ryzen V2000 processors power ECARX Makalu 5th-gen digital cockpit computing platform (up to 32GB RAM, 1TB SSD, 10.1 TOPS rendering).
• Epic Games (Unreal Engine)coreTechnology or Integration · 1 January 2024Partnership to create 3D immersive in-vehicle digital cockpits and infotainment apps using Unreal Engine 3D rendering on ECARX platforms (e.g., Makalu).
• JICA Intelligent Robot / JICA Automotive ElectronicscoreStrategic or Co-development Partner · 1 January 2024Provides full-stack capabilities for autonomous driving, covering development from intelligent cockpit to hardware; ECARX affiliated company under ECARX (Hubei) Tech Co., Ltd.
• Black Sesame TechnologiescoreTechnology or Integration · 1 January 2024Provides Huashan-2 A1000 automotive-grade SoCs (dual) for ECARX Skyland Pro ADAS platform, delivering 116 TOPS for L2+ advanced driving and parking with BEV perception.
• BlackBerry (QNX Software)coreTechnology or Integration · 1 January 2024Provides QNX, AUTOSAR Adaptive Platform, and Classic Platform automotive-grade software integrated into ECARX Skyland Pro for functional safety and global OEM regulatory compliance.
• HaleyTek (ECARX-Volvo joint venture)flagshipStrategic or Co-development Partner · 1 January 2024Joint venture between ECARX and Volvo Cars providing platform software for navigation, media, voice assistants, and other middleware; co-develops ECARX Cloudpeak software stack.
• Arm ChinacoreStrategic or Co-development Partner · 1 January 2024Joint venture with Arm China focusing on high-end Automotive SoCs, with ECARX as the majority shareholder. Underpins ECARX's vertically integrated silicon strategy.
• Flyme AutoflagshipTechnology or Integration · 1 January 2024Flyme Auto in-vehicle cockpit OS (formerly under Xingji Meizu/DreamSmart) integrated into ECARX's Pikes computing platform with Cloudpeak — deployed in 2M+ vehicles, fully acquired by ECARX in June 2026.
• COVA Acquisition Corp.flagshipStrategic or Co-development Partner · 14 November 2022ECARX combined with COVA Acquisition Corp. in a SPAC business combination to become a Nasdaq-listed company (ECX) in 2022. The deal included US$65M convertible senior notes and US$45M from strategic partners, totaling US$110M.

Scale indicators13 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Harman International: Samsung-owned automotive technology supplier offering infotainment, connected car, ADAS and audio solutions to global OEMs. Directly comparable to ECARX as a tier-1 cockpit and connected-vehicle supplier, but with a much larger and more global footprint, broader Tier-1 capabilities and a wider OEM customer base.
• Aptiv: Global tier-1 automotive technology supplier focused on advanced electrical/electronic architecture, cockpit computing and ADAS. Comparable to ECARX in cockpit/ADAS portfolio and OEM-centric business model, with a more mature, diversified global customer base.
• Mobileye: Intel-owned ADAS and autonomous-driving silicon and perception stack supplier, already partnering with ECARX on a 'one-box' eyes-off highway solution. Comparable as an ADAS/AV compute platform peer while also being a partial partner to ECARX.
• Qualcomm Technologies (Snapdragon Auto): Supplier of Snapdragon Digital Chassis automotive platforms (8295, SA8795/Elite) that power ECARX's Pikes and Zenith platforms. Acts as both a key silicon partner and a competing stack (Digital Chassis) for OEMs evaluating full-stack solutions.

Direct peers

• Visteon: Cockpit electronics supplier (digital clusters, infotainment, displays, ADAS domain controllers) working with Qualcomm Snapdragon-based platforms. Explicitly cited as a technology/integration partner of ECARX, and the most direct competing tier-1 in cockpit electronics for global OEMs.
• Cerence Inc. Specialist automotive AI and conversational/voice assistant software supplier for in-vehicle experiences. Overlaps with ECARX's Cloudpeak voice/AI agent capabilities (RNC/ECNR, voice recognition, GenAI assistants) as a software-only peer that competes for the same OEM wallet share within the cockpit software stack.
• Black Sesame Technologies: China-based automotive AI SoC designer whose Huashan-2 A1000 chips power ECARX Skyland Pro ADAS platform. A direct silicon partner and a competing supplier of ADAS-oriented automotive SoCs to Chinese OEMs.
• Desay SV Automotive: Chinese tier-1 supplier of cockpit, ADAS, and connected vehicle solutions serving Geely, Volvo and other domestic OEMs. Closest listed Chinese tier-1 peer to ECARX in cockpit electronics and ADAS, with overlapping customer base and product portfolio.

Emerging players

• Horizon Robotics: China-based AI compute SoC and ADAS solution provider for intelligent vehicles, listed on HKEX. Comparable to ECARX in targeting Chinese OEMs with AI-defined vehicle compute, and a direct competitor in the same Chinese OEM cockpit/ADAS silicon+stack market.

Regional players

• NavInfo: China-focused automotive map and connected vehicle software provider (with ADAS map data). Comparable to ECARX's HERE/Tmap navigation integrations and adjacent to Cloudpeak's software stack, serving similar Chinese OEMs but as a primarily domestic player.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ecarx

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries11 records

Funding overview

Funding rounds11 records

Investors13 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ECARX