ECARX Announces Upsizing and Extension of Share Repurchase Program

Core Viewpoint - ECARX Holdings, Inc. has announced an additional US$20 million share repurchase authorization, increasing the total to US$40 million, with the program extended to March 31, 2026 [1] Company Overview - ECARX is a global automotive technology provider specializing in turnkey solutions for next-generation smart vehicles, including system on a chip (SoC), central computing platforms, and software [2] - Founded in 2017 and listed on Nasdaq in 2022, ECARX employs over 1,900 people across 12 major locations in China, the UK, the USA, Sweden, and Germany [3] - ECARX products are currently integrated into over 8.1 million vehicles worldwide [3]