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SHANGHAI - Automotive technology provider ECARX Holdings Inc. (NASDAQ:ECX) announced Monday that Lynk & Co has launched the Lynk & Co 10 EM-P plug-in hybrid sedan, the first vehicle to integrate ECARX’s Pikes computing platform and Cloudpeak cross-domain software stack.
The new vehicle incorporates ECARX’s Pikes platform, which is powered by Qualcomm’s 5nm Snapdragon SA8295P automotive-grade system-on-chip. According to the company’s press release, the hardware supports the integration of cluster, HUD, central stack display, vehicle control, and ADAS systems. While ECARX has generated revenues of $796.1 million in the last twelve months, InvestingPro data shows the company faces profitability challenges with negative EBITDA of $99.48 million.
The technology integration enables features in the Lynk & Co 10 EM-P including AI agents, 3D Surround Reality, Sentry Mode, rear spoiler control, automatic air vent adjustment, and multi-brand phone-to-cockpit connectivity. The vehicle also uses the LYNK Flyme Auto 2 operating system.
"We are excited to see the Pikes computing platform, a core pillar of our intelligent cockpit portfolio, enter mass production for the new Lynk & Co 10 EM-P," said Ziyu Shen, Chairman and CEO of ECARX.
ECARX, founded in 2017 and listed on Nasdaq in 2022, employs over 1,600 people across 13 locations globally. The company was co-founded by Ziyu Shen and Eric Li, who is also the founder and chairman of Zhejiang Geely Holding Group. ECARX reports that its products can be found in over 9.3 million vehicles worldwide. Despite recent market challenges, with the stock down 45% over the past six months, detailed analysis available in the InvestingPro Research Report reveals additional insights about the company’s growth potential and market position.
The company provides technology solutions to various automakers including Volkswagen Group, FAW Group and Dongfeng Peugeot-Citroën, in addition to Geely-affiliated brands such as Lotus, Lynk & Co, Geely Galaxy, Polestar, smart, and Volvo Cars.
In other recent news, ECARX Holdings Inc. announced that its Antora 1000 Pro computing platform received the Automotive SPICE (ASPICE) v4.0 Capability Level 3 certification, marking the highest rating under the ASPICE standard. This achievement adds to the company’s growing list of accreditations, highlighting its commitment to quality and innovation. Additionally, ECARX revealed that its AI Enhanced Antora 1000 computing platform and Cloudpeak software stack will power the intelligent cockpit of Geely’s new Galaxy A7 plug-in hybrid sedan in China, offering advanced voice recognition capabilities.
Furthermore, ECARX has entered into a strategic partnership with Samsung Group to accelerate the commercialization of automotive intelligence technologies. This collaboration will integrate Samsung’s advanced technological portfolio into ECARX’s products, aiming to develop intelligent solutions across various platforms. The company also released a white paper detailing the successful integration of Google Automotive Services into vehicle infotainment systems, significantly reducing the certification time for Volvo and Polestar models. These developments reflect ECARX’s ongoing efforts to enhance its technological offerings and expand its market reach.
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