ECARX Holdings Partners With May Mobility on Autonomous Ride-Hailing Fleet

MT Newswires Live

05/19

ECARX (ECX) said Tuesday that it signed a strategic agreement with May Mobility to supply autonomous driving technology and vehicle systems for the US robotaxi company's future ride-hailing fleet.

ECARX said it is expected to provide customized central computing platforms and full sensor suites, including lidar, radar and cameras, for thousands of autonomy-enabled vehicles beginning with an initial deployment targeted for next year. Commercial scale-up is planned for 2028.

The partnership is aimed at lowering the overall cost of autonomous vehicles by at least 50% by 2028, while helping May Mobility expand its driverless ride-hailing operations in the US and Japan, ECARX added.

ECARX said the project could generate about $750 million over its duration.

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Commercial scale-up is planned for 2028.</p><p>The partnership is aimed at lowering the overall cost of autonomous vehicles by at least 50% by 2028, while helping May Mobility expand its driverless ride-hailing operations in the US and Japan, ECARX added.</p><p>ECARX said the project could generate about $750 million over its duration.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7093","symbol_name":"消費信貸","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2636537848","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2636537848","pubTimestamp":1779190739,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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