ECARX Holdings Inc. reported second quarter 2026 unaudited financial results, posting total revenue of US$225.2 million, a 45% year-over-year increase driven by higher sales of goods and service revenue. Gross profit expanded to US$44.5 million with gross margin rising from 10.8% to 19.8%, while net loss narrowed significantly to US$12.0 million from US$45.4 million in the prior year period. The company achieved a positive adjusted EBITDA of US$0.5 million, marking its fourth consecutive quarter of profitability at this metric. Strategic developments include an agreement to acquire the Flyme software business for approximately US$266 million and a partnership with TPK Holdings to develop an ORCA LiDAR platform. ECARX reiterated full-year 2026 revenue guidance of US$1.0 billion to US$1.1 billion. The company operates in the automotive intelligence industry, providing software-defined vehicle technologies and intelligent cockpit solutions.

ECARX Holdings Inc., a global automotive intelligence company providing full-stack software-defined vehicle solutions, disclosed that its incubated affiliate SiEngine Technology secured US$200 million in new equity capital during the first half of 2026. This funding validates ECARX's vertical integration strategy and will support SiEngine's R&D, production expansion, and globalization efforts for its Longying series automotive-grade system-on-chips.

ECARX Holdings Inc. reported significant growth for its Flyme Auto intelligent cockpit operating system, achieving over 143,000 new vehicle deployments in June 2026. Cumulative deployments for the first half of 2026 exceeded 880,000 vehicles, bringing the total equipped vehicles to over 3.148 million across 50 production models including Polestar and Geely Auto. The company is developing Flyme Auto 3.0 with AI Agent capabilities for release later this year. This follows the June 18, 2026, agreement to acquire the Flyme software business portfolio for RMB1.8 billion to secure full intellectual property rights. ECARX Holdings Inc. provides intelligent cockpit operating system IP for automotive manufacturers.

ECARX Holdings Inc. has upsized its 2025 Convertible Senior Notes to an aggregate principal amount of $130 million. The transaction involves an amendment to the existing Note Purchase Agreement to accommodate additional institutional capital support. The noteholders include SPDB International (Hong Kong) Limited, CNCB (Hong Kong) Investment Limited, ICBC International Investment Management Limited, E.I.P. Funds (Cayman Islands) SPC, Nomura International PLC, and other affiliated funds. The notes carry a 5% simple interest rate per annum and are scheduled to mature on November 14, 2028. The company operates in the automotive technology industry, focusing on the design and development of smart cockpit products.

On June 29, 2026, ECARX (Hubei) Ecological Investment Co., Ltd. and ECARX (Hubei) Technology Co., Ltd. entered into a syndicated loan agreement for up to RMB1,260,000,000 (approximately US$185 million). The facility will fund the 100% equity acquisition of Hubei Qiguang Technology Co., Ltd. The loan carries a floating interest rate of the 5-year Loan Prime Rate plus 10 basis points, featuring a 10-year term with semi-annual repayments starting December 2026. Security for the loan includes a pledge of Hubei Qiguang equity interests and an irrevocable joint and several liability guarantee. An account supervision agreement requires borrowers to deposit revenues into supervised accounts to prioritize debt servicing. ECARX Holdings Inc. operates in the automotive technology sector.