ECARX Holdings (ECX) has released an update.
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ECARX Holdings Inc., a leading global mobility technology company, has sold its 40% minority stake in HaleyTek to Volvo Cars, but will maintain a strategic partnership to develop advanced automotive software. The collaboration aims to enhance the driving experience for Volvo and Polestar vehicles, building on successful joint developments of infotainment systems. With nearly 2,000 employees and products in over 6.4 million vehicles globally, ECARX continues to innovate in smart vehicle technology.
For further insights into ECX stock, check out TipRanks’ Stock Analysis page.
