Bella Lu's questions to ECARX Holdings (ECX) leadership • Q2 2025
Question
Bella Lu from UOB Kay Hian inquired about the primary growth drivers for the second half of 2025 and the following year, as well as the company's progress on customer cooperation and overseas customer expansion.
Answer
CFO Phil Zhou detailed the current customer mix, with Geely Auto accounting for 40-50% of business, the Geely ecosystem for 30-40%, and non-Geely clients for about 15%. He also noted the geographic split is now 60% from China OEMs and 40% from global OEMs. COO Peter Cirino added that global business development is robust, with active engagement across eight different global carmakers and a strong pipeline of RFQs that could close this year and begin generating revenue in late 2026, signaling strong future growth and continued customer diversification.