(SeaPRwire) –   LONDON, April 8, 2026 — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced its Board of Directors has given initial approval to a plan exploring the potential purchase of a minority stake and specific intellectual property assets (notably those associated with FlyMe OS) from DreamSmart Technology Pte. Ltd., a Singapore-incorporated private limited company and an affiliate of the Company, along with its subsidiaries and consolidated entities (“DreamSmart”).

According to this initial plan, the total payment for the acquisition could be made using a mix of cash and securities issued by the Company and/or its subsidiaries.

The Company might also pursue financing from third parties, potentially including credit facilities, term loans, or other forms of debt, to cover part of the purchase price and related transaction expenses. Any share issuance, debt assumption, or other financing would depend on market conditions, lender and investor interest, relevant regulatory and stock exchange rules, and the final evaluation and approval by the Company’s board of directors. The final composition, structure, and total value of the consideration are anticipated to be determined through further analysis and negotiation and could change significantly.

This proposed acquisition is currently in a preliminary, exploratory phase and faces uncertainties, such as the completion of due diligence, the finalization of binding agreements, and securing financing. There is no guarantee that ECARX and DreamSmart will reach a definitive agreement or that the transaction will be completed.

Chairman and CEO Ziyu Shen stated, “This initiative is a strategic move to enhance our long-term product and technology capabilities.”

About ECARX
ECARX Holdings Inc. (NASDAQ: ECX) is a worldwide mobility technology firm that drives the development of the next generation of software-defined vehicles. Established in 2017 and publicly listed on Nasdaq in 2022, the Company provides comprehensive intelligent mobility solutions, covering system-on-chip (SoC) core modules, automotive computing platforms, software stacks, and user-focused experiences.

Its goal is to speed up automotive intelligence and create new relationships between people and vehicles, transforming mobility into a safe, enjoyable, and AI-powered experience for everyone. Operating 13 global R&D and commercial centers in China, the U.S., UK, Germany, Sweden, and Singapore, ECARX collaborates with leading automakers such as Geely Group, Volkswagen Group, Volvo Cars, and Polestar to simplify processes, cut costs, and shorten development cycles.

The Company’s technology is present in more than 11 million vehicles globally, serving over 28 automotive brands and 10 major Tier 1 suppliers.

Forward-Looking Statements
This announcement includes statements that qualify as forward-looking under the U.S. Private Securities Litigation Reform Act of 1995. These statements reflect the current beliefs and expectations of management, based on available data and assumptions, and appear throughout this document, covering topics such as operational results, financial health, liquidity, prospects, growth, strategies, and our industry. Terms like “expects”, “intends”, “anticipates”, “estimates”, “predicts”, “believes”, “should”, “potential”, “may”, “preliminary”, “forecast”, “objective”, “plan”, or “target”, and comparable phrases, are used to signal these forward-looking statements. They are not assurances of future outcomes and involve risks and uncertainties that may cause actual results to differ substantially. These include, but are not limited to, statements about our plans, beliefs, or current expectations regarding operations, financial condition, liquidity, prospects, growth, strategies, future market or economic conditions, capital and credit market developments, and anticipated financial performance.

For details on these and other risks and uncertainties that might affect actual results, refer to ECARX’s filings with the U.S. Securities and Exchange Commission. Except as mandated by law, ECARX does not commit to updating or revising forward-looking statements to reflect new events or circumstances.

SOURCE ECARX Holdings Inc.