Exhibit No. | Description | ||||
Press Release — ECARX Announces Board Change | |||||
By | /s/ Jing (Phil) Zhou | |||||||
Name | : | Jing (Phil) Zhou | ||||||
Title | : | Chief Financial Officer | ||||||
Exhibit No. | Description | ||||
Press Release — ECARX Announces Board Change | |||||
By | /s/ Jing (Phil) Zhou | |||||||
Name | : | Jing (Phil) Zhou | ||||||
Title | : | Chief Financial Officer | ||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/11/2025 | $3.20 | Buy | UBS |
| 5/22/2023 | $10.00 | Overweight | Cantor Fitzgerald |
LONDON, Nov. 03, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (NASDAQ:ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced unaudited financial results for the quarter ended September 30, 2025. Ziyu Shen, ECARX Chairman and CEO, commented, "The strong momentum from the first half of the year carried through into Q3, delivering several significant milestones that are reinforcing the sustainable foundation we are building for future growth. Most notably, we achieved EBITDA breakeven per our guidance in Q2, generating $8.3 million in Adjusted EBITDA and turned a profit for the first time with $0.9 million in net profit. Our focus on globalizing our business over
LONDON, Oct. 31, 2025 /PRNewswire/ -- ECARX Holdings Inc. (NASDAQ:ECX) ("ECARX" or the "Company"), a global mobility technology provider, today announced that it had entered into a securities purchase agreement (the "Transaction") with ATW Partners, a New York-based investment firm, under which the Company may issue and sell convertible notes for up to an aggregate principal amount of $150 million. This financing is expected to enhance ECARX's liquidity position and strengthen its balance sheet, providing greater financial flexibility to execute on its strategic priorities. The proceeds will support the Company's ongoing global expansion, including accelerating product innovation, scaling p
LONDON, Oct. 31, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (NASDAQ:ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced the appointment of Ms. Lone Foenss Schroeder as a director of the Company, effective on October 31, 2025, to replace Ms. Ni Li, who has tendered her resignation as a director of the Company effective on the same day due to personal reasons. Lone Foenss Schroeder is an experienced international CEO and Chairperson with decades of leadership across the automotive, technology, finance, retail and industrial sectors. She has been a driving force behind high-impact partnerships among leading industry players, shaping transformative collaboratio
UBS initiated coverage of ECARX Holdings with a rating of Buy and set a new price target of $3.20
Cantor Fitzgerald initiated coverage of ECARX Holdings with a rating of Overweight and set a new price target of $10.00
6-K - ECARX Holdings Inc. (0001861974) (Filer)
6-K - ECARX Holdings Inc. (0001861974) (Filer)
424B5 - ECARX Holdings Inc. (0001861974) (Filer)
LONDON, Nov. 03, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (NASDAQ:ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced unaudited financial results for the quarter ended September 30, 2025. Ziyu Shen, ECARX Chairman and CEO, commented, "The strong momentum from the first half of the year carried through into Q3, delivering several significant milestones that are reinforcing the sustainable foundation we are building for future growth. Most notably, we achieved EBITDA breakeven per our guidance in Q2, generating $8.3 million in Adjusted EBITDA and turned a profit for the first time with $0.9 million in net profit. Our focus on globalizing our business over
LONDON, Oct. 15, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (NASDAQ:ECX) ("ECARX"), a global mobility tech provider, today announced that it will report its financial results for the third quarter of 2025, before the U.S. market opens on Monday, November 3, 2025. Company management will hold an earnings conference call via live audio webcast to discuss the financial results and will be available to answer questions from analysts and institutional investors. Earnings Conference Call & Webcast Details:Date: Monday, November 3, 2025 Time: 8:00 a.m. U.S. ETWebcast: https://edge.media-server.com/mmc/p/4xdrqmnx To join the live conference call, please register at https://registe
SHANGHAI, Aug. 26, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (NASDAQ:ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced unaudited financial results for the quarter ended June 30, 2025. "The strong momentum we built in 2024 and early 2025 continued in the second quarter," said Ziyu Shen, ECARX Chairman and CEO. "Revenue was US$155.6 million, reflecting the impact of typical seasonal headwinds and the timing of certain contracts, while the disciplined execution of our lean operating strategy reduced operating expenses by 20% to US$57.2 million. With a robust pipeline of new projects expected to launch over the next two quarters, we remain firm
LONDON, Oct. 31, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (NASDAQ:ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced the appointment of Ms. Lone Foenss Schroeder as a director of the Company, effective on October 31, 2025, to replace Ms. Ni Li, who has tendered her resignation as a director of the Company effective on the same day due to personal reasons. Lone Foenss Schroeder is an experienced international CEO and Chairperson with decades of leadership across the automotive, technology, finance, retail and industrial sectors. She has been a driving force behind high-impact partnerships among leading industry players, shaping transformative collaboratio
SHANGHAI, Jan. 13, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (NASDAQ:ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced the appointment of Mr. Zenggang Liu as a director of the Company, effective on January 13, 2025, to replace Mr. Tao Li, who has tendered his resignation as a director of the Company effective on the same day due to personal reasons. Mr. Liu joined Baidu in 2014 and currently serves as the deputy general manager of Baidu Maps. He oversees Baidu Maps' open platform business and navigation business, and has amassed substantial experience in the mapping industry. Mr. Liu received a bachelor's degree from Harbin Institute of Technology and
SHANGHAI, July 29, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (NASDAQ:ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced the appointment of Mr. Tao Li as a director of the Company, effective on July 29, 2024, to replace Mr. Tan Su, who has tendered his resignation as a director of the Company effective on the same day due to personal reasons. Mr. Li joined Baidu in 2012 and was in charge of the R&D efficiency of the group and its enterprise IT platform, advancing the application of AI technologies in these fields. Mr. Li has substantial managerial experience. Starting from 2024, Mr. Li has served as general manager of Baidu ‘s Apollo intelligent cockpit bu