ECARX

London, United Kingdom Founded: 2017 • Age: 9 yrs Listed
Manufacture of automotive electronic components

About ECARX

ECARX is a company based in London (United Kingdom) founded in 2017 by Ziyu Shen and Eric Li. ECARX has raised $50 million across 3 funding rounds from investors including Luminar Technologies, Geely and ICBC International Holdings. The company has 1,900 employees. ECARX offers products and services including Digital Cockpit, AD/ADAS, Centralised Domain Controller, and Software Services. ECARX operates in a competitive market with competitors including Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others.

  • Headquarter London, United Kingdom
  • Employees 1,900
  • Founders Ziyu Shen, Eric Li
  • Stage Unicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website ecarxgroup.com
  • Social LinkedIn
  • Legal Name Ecarx Holdings Inc.
Key Metrics
  • Annual Revenue
    $847.86 M (USD)
    9.89
    as on Dec 31, 2025
  • Net Profit
    -$66.04 M (USD)
    49.11
    as on Dec 31, 2025
  • EBITDA
    -$32.63 M (USD)
    68.05
    as on Dec 31, 2025
  • Total Equity Funding
    $50M (USD)

    in 3 rounds

  • Latest Funding Round
    $100M (USD), Post-IPO

    Nov 2025

  • Investors
  • Employee Count
    1,900

Products & Services of ECARX

ECARX offers a comprehensive portfolio of products and services, including Digital Cockpit, AD/ADAS, Centralised Domain Controller, and Software Services.

Digital Cockpit
In-Vehicle Interface

Platform for digital vehicle interfaces and user experiences

AD/ADAS
Autonomous Driving

Solutions for advanced driver assistance and safety features

Centralised Domain Controller
Vehicle Control Systems

Manages integrated vehicle computing and operations

Software Services
Tech Development

Provides software for automotive hardware integration

Funding Insights of ECARX

ECARX has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $100 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $50M
  • Total Rounds 3
  • Last Round Post-IPO β€” $100M
  • First Round $50M

    (Sep 2021)

  • Investors Count 5

All 3 funding rounds of ECARX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2025$100MPost-IPO––
Jul 2022–Series B––
Sep 2021$50MSeries B$3.3BGeely
–
Valuation history
DateValuationStage
Sep 2021$3.3Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.3B (Sep 2021). 5 investors in total: 5 institutional.

Investors in ECARX

ECARX has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Luminar Technologies, Geely and ICBC International Holdings.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
LiDAR-based sensors for autonomous vehicles are developed.
2012luminartech.comOrlando, United States
SUV cars are manufactured by Geely in China.
1986geely.comHangzhou, China
-
–icbci.com.hk-
-
–cncbinvestment.com-
-
–spdbi.com-
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Investor details for ECARX

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People of ECARX

2 people are tracked at ECARX (2 in leadership); the tracked headcount is 1,900.

NameRoleGroup
Ziyu Shen
Co-Founder & CEOLeadership
Eric Li
Co-FounderLeadership
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IPO & Listings of ECARX

ECARX is a publicly listed company on the NASDAQ with ticker symbol ECX in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date23 Dec 2022
  • Listed onNASDAQ: ECX
  • Listed entityECARX Holdings Inc.
  • Exchange sectorTechnology services
  • ISINKYG292011031
  • Share price$0.83 (-2.35% on the day) · 2026-10-08
  • Market capitalisation$296.1M
  • EPS (diluted, trailing year)$-0.05
  • Volume (last session)493,096

Financials of ECARX

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$847.9M-$66.0M-$32.6M
2024$771.5M-$129.8M-$102.2M
2023$663.3M-$132.8M-$116.7M
2022$529.0M-$232.4M-$233.8M
2021–$11.6M-$1.8M
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Detailed financial statements for ECARX

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Timeline of ECARX

5 dated milestones of ECARX across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded ECARX is founded.
  2. Funding First funding round of $50.0M.
  3. Milestone Reaches Unicorn status.
  4. IPO Lists on the stock exchange (IPO).
  5. Funding Latest funding round, Post-IPO, of $100.0M.

Competitors of ECARX

ECARX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cummins.com1919United States–36,826
Manufacturer of gas-powered construction equipment
sedemac.com2007Pune, India$25.77M468
Electrical and electronic parts for automobiles are provided by SEDEMAC.
valeo.com1923Paris, France–124
Automotive products and services are supplied globally to automakers.
unominda.com1958Gurugram, India$259.53M2,509
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
schaeffler.com1946Herzogenaurach, Germany–90,151
Manufacturer of bearings for the automotive industry
faurecia.com1997Nanterre, France––
Automotive components and systems are manufactured for vehicles.
ranegroup.com1929Chennai, India–172
Major auto components are manufactured and supplied to OEMs.
novaresteam.com1955Clamart, France$32.95M167
Major auto components are manufactured and supplied globally.
zf.com1915Friedrichshafen, Germany–168,700
Mobility systems are developed for cars, vehicles, and industrial uses.
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Detailed competitors of ECARX

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Web traffic of ECARX

The website of ECARX (ecarxgroup.com) receives about 11K visits a month.

  • Monthly visits
    11K

    ▼ 48.5% vs previous month

Similar websites

Websites whose visitors overlap most with ECARX. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
zgswcn.com
zgswcn.com
100%
–#1,241,661–

Latest news on Ecarx

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Similar companies to ECARX

10 companies that operate in the same segment as ECARX (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of infotainment and audio solutions for multiple sectors
1980Stamford, Connecticut, United States–––
Manufacturer of gas-powered construction equipment
1919United States–USD 1.21 B5,230
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Manufacturer of forklifts, warehouse equipment and other industrial trucks
2006GermanyUSD 587.14 MUSD 13.28 B42,720
Automobiles and related products are manufactured by Volvo Cars.
1927Goteborg, Vastra Gotaland, SwedenUSD 1.07 BUSD 38.79 B42,600
Motor vehicles and parts are manufactured, imported, distributed, and sold.
1994Irvine, California, United States–USD 79.03 B35,750
Automotive manufacturing company
1916Munchen, Bayern, Germany–USD 156.8 B–
Rechargeable batteries are distributed globally by BYD.
1994Los Angeles, California, United States––269
Automotive vehicles including cars, trucks, and SUVs are manufactured.
1957Plano, Texas, United States–––
Motorcycles are manufactured, along with parts, apparel, and financial services.
1903Milwaukee, Wisconsin, United States–USD 4.47 B5,900
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Frequently Asked Questions about ECARX

ECARX was founded in 2017 and raised its 1st funding round 4 years after it was founded.

ECARX is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Ziyu Shen is the current CEO of ECARX. They have also founded this company.

ECARX is a funded company, having raised a total of $50M across 3 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Sep 2021.

ECARX has 1,900 employees.

Annual revenue of ECARX is $847.86M as on Dec 31, 2025.

ECARX was founded in 2017 and is headquartered in London, United Kingdom. Operations center on the production of automotive electronic components within the technology sector. Products encompass infotainment head units, digital cockpits, vehicle chip-set solutions, active safety electronics, unmanned driving sensors, controllers, and related items. The company supports vehicle integration and advanced driving systems through these offerings.

ECARX's top competitors include Cummins, SEDEMAC and Valeo.

ECARX offers Digital Cockpit, AD/ADAS, Centralised Domain Controller, and Software Services.

Yes, ECARX is publicly traded on NASDAQ under the ticker symbol ECX.

ECARX has 5 investors. Key investors include Luminar Technologies, Geely, ICBC International Holdings, CNCB Investment, and SPDB International Holdings.

The valuation of ECARX is $3.3B as of Sep 2021.

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