ECARX Holdings Inc.

A Strategic Framework for Advanced Autonomous Mobility

Under the agreement, ECARX is expected to develop and deliver up to thousands of autonomy-enabled vehicles, including customized central computing platforms and a full stack sensor suite, for May Mobility’s next-generation autonomy system. The collaboration will unlock significant new growth opportunities for ECARX and will accelerate the rollout of May Mobility’s autonomous vehicle fleet.

By bringing together ECARX’s deep expertise in full-stack intelligent driving solutions and May Mobility’s industry-leading autonomous driving system, this framework agreement will leverage the best of both companies’ core competencies in intelligent hardware and software development.

May Mobility's autonomous driving system understands the physical world through a predictive world model and reasons through it. Simulating up to 10 seconds into the future, the reasoning model evaluates multiple competing driving strategies and executes the one best suited to the current situation. May Mobility’s autonomy enables safe, reliable autonomous driving for ride-hail services in cities across the U.S. and Japan.

ECARX and May Mobility are jointly aiming to reduce the all-in cost of May Mobility’s autonomous vehicles, targeting at least 50% cost reduction by 2028.