On March 13, ECARX hosted its 2025 Investor Day in Hong Kong, revealing that it attained full profitability in the fourth quarter of 2024. During this period, the company generated revenue of RMB 1.94 billion, marking a 4% year-on-year increase, alongside a gross margin of 21%. For the full year 2024, ECARX's revenue amounted to RMB 5.6 billion, signifying an 18% year-on-year growth. Additionally, total shipments surpassed 2 million units, reflecting a 33% year-on-year increase and setting a new record. Looking ahead to 2025, ECARX intends to streamline costs and enhance operational efficiency in pursuit of its goal of achieving full-year profitability.
