Wei Huang's questions to ECARX Holdings (ECX) leadership • Q2 2025
Question
Wei Huang of Deutsche Bank asked for volume guidance for the second half of 2025, clarification on pricing pressures versus improving content per vehicle, and an update on the ADCU business, including plans for zone-based computing and Qualcomm's flex SoCs.
Answer
CFO Phil Zhou provided volume guidance, projecting 1.4 to 1.5 million units for the second half, leading to a full-year total of 2.5 to 2.6 million units, representing approximately 30% year-over-year growth. Zhou also addressed pricing, stating that while the market remains competitive, the company is mitigating pressure through significant cost optimization, a focus on high-margin software, and global expansion. COO Peter Cirino added that for the ADCU business, Qualcomm's 8775 flex SoC is on their roadmap and that ECARX is already developing its own fusion platform, the Antora 1000 SPP, set to launch in 2026.