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      ECARX (ECX) Up 0.50% After-Hours: Q3 2023 & Innovations

      By Fahim Awan

      Published on

      October 30, 2023

      6:46 AM UTC

      Last Updated on

      October 30, 2023

      6:51 AM UTC

      ECARX (ECX) Up 0.50% After-Hours: Q3 2023 & Innovations

      ECARX Holdings Inc. (NASDAQ: ECX) has witnessed an upswing of 0.50% in its stock price, reaching $4.02 during the after-market trading session. This surge in ECARX stock this session has transpired in the absence of any readily apparent catalysts or news, prompting an exploration of recent developments to offer a more comprehensive understanding of the company.

      ECARX (ECX) is set to announce its financial results for the third quarter of 2023 before the market opens on November 9, 2023. ECARX will also hold an earnings conference call, open to industry analysts and institutional investors through a live audio webcast.

      Another significant development for ECARX involves its recent collaboration with SiEngine and XINGJI MEIZU, where a production delivery ceremony was held at Lynk & Co’s Yuyao facility in Zhejiang province, China. Simultaneously, a similar event took place at Hubei Dongjun Automotive Electronics Technology Co., Ltd. in Hubei province, China.

      SiEngine is a prominent designer of advanced automotive System-on-a-Chip (SoC) technologies, while XINGJI MEIZU Group is recognized for its expertise in smart technologies. The occasion marked the successful deployment of the ECARX Antora 1000 Pro digital cockpit computing platform, tailored for the Lynk & Co 08 SUV.

      The Lynk & Co 08 has garnered positive reviews since its public launch on September 8, 2023, thanks to its cutting-edge intelligence concept. ECARX, serving as a central hub within the automotive intelligence ecosystem, has committed substantial resources to support product development and enhance the delivery experience of intelligent vehicles through over-the-air (OTA) updates.

      The ECARX Antora 1000 Pro makes the foundation of the integrated intelligent system which powers the Lynk & Co 08. It is driven by two SE1000 SoCs, recognized as the world’s leading 7nm advanced process high-performance automotive-grade SoCs, developed by SiEngine.

      These developments underscore ECARX’s commitment to driving innovation in the automotive industry and it’s positioning as a central player in the realm of automotive intelligence.

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