SHANGHAI, China, May 31, 2024 (GLOBE NEWSWIRE) — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced that its Antora 1000 computing platform will power Geely’s highly anticipated Galaxy E5 SUV, which debuted today.
Based on the world-leading 7nm SE1000 SoC, which provides high-performance computing power of 100K DMIPS and 900G FLOPS graphics rendering capability through its industry-leading multi-core heterogeneous architecture, the ECARX Antora 1000 computing platform can seamlessly integrate digital cockpit and parking capabilities.
ECARX Antora 1000 is a cost-effective solution for high-quality in-car experience of infotainment and parking assistance in the Galaxy E5, the first pure electric SUV in the Geely Galaxy series, and also enables integration with Flyme Auto, providing seamless connectivity between digital cockpit and smartphone. By integrating digital cockpit and parking capabilities onto one board, Geely is able to significantly reduce the bills of materials costs of the Galaxy E5 without sacrificing safety or efficiency.
ECARX Chairman and CEO, Ziyu Shen, said, “Demand for our cutting-edge computing platforms is growing as automakers increasingly recognize the significant value our solutions offer. The Antora 1000 not only provides a smooth and enjoyable driving experience for Geely users, but also lowers engineering costs, allowing Geely to rapidly bring the vehicles to market. Our unique ecosystem of partnerships with the likes of SiEngine plays a critical role in driving technological innovation across the industry.”
About ECARX
ECARX (Nasdaq: ECX) is a global automotive technology provider with the capabilities to deliver turnkey solutions for next-generation smart 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.
Founded in 2017 and listed on the Nasdaq in 2022, ECARX now has over 2,000 employees based in 12 major locations in China, UK, USA, Sweden, Germany, and Malaysia. 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 — with ownership interests in global brands including Lotus, Lynk & Co, Polestar, Smart, and Volvo Cars. ECARX also works with other well-known automakers, including FAW and Dongfeng Peugeot-Citroën. To date, ECARX products can be found in over 6.4 million vehicles worldwide.
Forward-Looking Statements
This 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.
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