ECARX Holdings Inc. (Nasdaq: ECX), a global mobility technology
provider together with leading Internet of Vehicles company, China
Unicom Smart Connection (CUSC), has been selected by Dongfeng
Peugeot-Citroën Automobile (DPCA), the joint venture between
Dongfeng and Stellantis, to supply Intelligent Cockpit 2.0
products, based on the ECARX E02 intelligent cockpit computing
module, for three major vehicles launches this year.
These products have been integrated into DPCA’s
new Citroën Tianyi, Peugeot 4008 compact SUV and Peugeot’s flagship
508L long-wheelbase sedan models, which were already launched for
mass production in the first half of August.
As of July 2023, more than one million units of
the ECARX E02 intelligent cockpit computing module have already
been installed in 32 vehicle models from various automotive
brands.
E02 is a high-performance and highly integrated
core computing module designed for the infotainment systems of
intelligent cockpits. In terms of hardware structure, E02 has
integrated multiple key electronic components, including
energy-efficient intelligent cockpit system-on-chips (SoC) with 4G
communication module and power management chips. As a highly
integrated computing module, E02 helps ECARX’s customers decrease
component count, simplify their supply chains, and reduce
development complexities and manufacturing costs compared to
single-SoC products. In terms of functionality, E02 supports the
development of common and practical functions including data and
information encryption, augmented reality navigation, facial
recognition, T-Box (Telematics-Box), quick start, intelligent voice
assistant, multi-screen interaction, surround view monitor and
digital video recorder. Regarding display performance, it enables
independent display of up to four screens. As to safety, E02 has
passed AEC-Q104 auto-grade qualification, representing the
capability to maintain stable performance in demanding external
environments while effectively fulfilling stringent safety
requirements. Furthermore, E02 boasts newly upgraded C-CONNECT 3.0
interactive smart connectivity system and enriched intelligent
technology functions. Empowered by the ECARX E02 intelligent
cockpit computing module, such integration provides an effortless
and enjoyable driving experience to consumers, allowing them to
enjoy enhanced comfort and benefit from intelligent technology.
ECARX E02 intelligent cockpit computing module
has fully demonstrated its strengths in integration, energy
efficiency, and safety throughout the development cycle of the
Intelligent Cockpit 2.0 products. It plays a crucial role in
assisting CUSC to maximize the development efficiency for its
intelligent cockpit products and create a series of differentiated
cockpit products.
ECARX is committed to exploring the future of
automotive intelligence together with leading automotive makers,
providing the foundation and serving as the hub for the global
intelligent automotive industry, with a focus on the technology
R&D of core computing platforms. To date, ECARX’s technologies
and solutions have been integrated into over 5.2 million cars
worldwide.
Meanwhile, ECARX capitalizes on its profound and
deep understanding of cockpit technologies to achieve more
efficient integration of software and hardware. ECARX aims to
provide a safer, more open intelligent vehicle development platform
and toolchain at controllable costs for global partners, enabling
OEMs to quickly create differentiated cockpit products to meet
diverse needs for various vehicle models and configurations, as
well as to offer users with personalized mobility experiences that
are intelligent, safe, and available for continuous upgrades.
About ECARX
ECARX (Nasdaq: ECX) is a global mobility tech
provider partnering with OEMs to reshape the automotive landscape
as the industry transitions to an all-electric future. As OEMs
develop new vehicle platforms from the ground up, ECARX is
developing a full-stack solution – central computer,
System-on-a-Chip (SoCs) and software – to help continuously
improve the in-car user experience. The Company’s products have
been integrated into more than 5.2 million cars worldwide, and it
continues to shape the interaction between people and vehicles by
rapidly advancing the technology at the heart of smart
mobility.
ECARX was founded in 2017 and today we have around
2,000 team members. The co-founders are two automotive
entrepreneurs, Chairman and CEO Ziyu Shen, and Eric Li (Li Shufu),
who is also the founder and chairman of Zhejiang Geely Holding
Group – one of the largest automotive groups in the world, with
ownership interests in international brand OEMs including Lotus,
Lynk & Co, Polestar, smart and Volvo Cars.
Forward-Looking Statements
This press release contains statements that are
forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. These statements are
based on management’s beliefs and expectations as well as on
assumptions made by and data currently available to management,
appear in a number of places throughout this document and include
statements regarding, amongst other things, results of operations,
financial condition, liquidity, prospects, growth, strategies and
the industry in which we operate. The use of words “expects,”
“intends,” “anticipates,” “estimates,” “predicts,” “believes,”
“should,” “potential,” “may,” “preliminary,” “forecast,”
“objective,” “plan,” or “target,” and other similar expressions are
intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future performance
and are subject to a number of risks and uncertainties that could
cause actual results to differ materially, including, but not
limited to statements regarding our intentions, beliefs or current
expectations concerning, among other things, results of operations,
financial condition, liquidity, prospects, growth, strategies,
future market conditions or economic performance and developments
in the capital and credit markets and expected future financial
performance, and the markets in which we operate.
For a discussion of these and other risks and
uncertainties that could cause actual results to differ materially
from those expressed in any forward-looking statement, see ECARX’s
filings with the U.S. Securities and Exchange Commission. ECARX
undertakes no obligation to update or revise and forward-looking
statements to reflect subsequent events or circumstances, except as
required by applicable law.
Investor Contacts:
Adam Kay, ir@ecarxgroup.com
Media Contacts:
ecarx@blueshirtgroup.com
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