ECARX Powers Global Launch of Lynk & Co.’s Z10 Flagship Luxury Sedan

SHANGHAI, Sept. 05, 2024 (GLOBE NEWSWIRE) — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology company, and AMD, a leader in high-performance and adaptive computing, today congratulated Lynk & Co. on the first shipment of the Lynk & Co. Z10 flagship luxury sedan, which integrates ECARX’s Makalu® computing platform with AMD Ryzen™ Embedded V2000 processors. Dr. Lisa Su, Chairman and CEO of AMD, delivered the tribute via video at the Z10 launch event.

The Lynk & Co Z10 will make its official debut in Sweden in June 2024, showcasing the strength of the Makalu® Computing Platform and AMD Ryzen Embedded processors, setting a new benchmark for innovation in automotive digital cockpits. The Makalu® Computing Platform is the first platform to feature AMD Ryzen Embedded V2000 processors with integrated AMD Radeon™_Graphics, delivering unparalleled 3D graphics, security and entertainment capabilities. The platform is unique in the industry, offering cutting-edge processing capabilities and ensuring robust support for future software enhancements.

The ECARX Cloudpeak® software stack plays a key role in unlocking the full potential of AMD Ryzen Embedded V2000 processors. Cloudpeak is a fully flexible, modular platform developed to provide automotive OEMs globally with a customizable, intelligent platform for the most advanced infotainment and advanced driver assistance systems on the market today. Leveraging the optimized performance delivered by AMD Ryzen Embedded processors, Cloudpeak is networked to the vehicle’s comprehensive suite of ADAS features and manages the seamless integration of all the information the Z10 driver needs, including navigation instructions and hands-free assistance from Flyme Auto.

Ziyu Shen, Chairman and CEO of ECARX, commented, “The successful launch of the Lynk & Co Z10 marks an important milestone in our collaboration with AMD. We are working together to expand the adoption of Makalu® and Cloudpeak® across the automotive industry. We believe the launch of the Z10 is just the beginning of our efforts to replicate and expand this solution with other automakers. From our first collaboration with Lynk & Co. on the ’08 and ’07 models, to now with the Z10, the market has clearly recognized the effectiveness and adaptability of our solution.”

About ECARX

ECARX (Nasdaq: ECX) is a global automotive technology provider with the capabilities to deliver turnkey solutions for next-generation smart vehicles, from systems-on-chip (SoC) to central computing platforms to software. As automakers develop new electric vehicle architectures from the ground up, ECARX is developing full-stack solutions that enhance user experience while reducing complexity and cost.

Founded in 2017 and listed on Nasdaq in 2022, ECARX currently has over 1,900 employees across 12 major locations in China, the UK, the US, Sweden, Germany and Malaysia. The company was co-founded by two automotive entrepreneurs, Ziyu Shen, Chairman and CEO, and Eric Li (Li Shufu), who is also the founder and chairman of Zhejiang Geely Holding Group, which owns global brands such as Lotus, Lynk & Co, Polestar, Smart and Volvo Cars. ECARX also works with other well-known automakers, including FAW and Dongfeng Peugeot Citroen. To date, ECARX products have been installed in over 6.9 million vehicles worldwide.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s beliefs and expectations, as well as assumptions made by and data currently available to management, and appear in various places in this document and include statements regarding, among other things, our results of operations, financial condition, liquidity, prospects, growth, strategy and the industry in which we operate. The use of words such as “anticipate,” “intend,” “expect,” “estimate,” “project,” “believe,” “should,” “may,” “potential,” “project,” “objectives,” “plans,” “goals” and similar words 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. These risks and uncertainties include, but are not limited to, statements regarding our intentions, beliefs or current expectations regarding, among other things, our results of operations, financial condition, liquidity, prospects, growth, strategy, future market conditions or economic performance, trends in the capital and credit markets, expected future financial performance and the markets in which we operate. For a detailed description of these and other risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, please refer to ECARX’s filings with the Securities and Exchange Commission. ECARX undertakes no obligation to update or revise its forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law.

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