ECARX (Nasdaq: ECX) and DXC Luxoft (NYSE: DXC) today announced they
will work together to accelerate the development of in-vehicle
capabilities, resulting in enhanced infotainment, digital cockpit
and advanced driver assistance systems, and enabling a better user
experience for drivers.
The two automotive technology leaders will collaborate on
product and platform development to keep up with rapid changes in
the automotive industry. ECARX’s full-stack hardware and software
offering will now support a wider range of services through the
addition of DXC Luxoft’s expertise in software integration and
engineering, and its ability to develop customized solutions for
automotive Original Equipment Manufacturers (OEMs).
The new partnership will make it easier for automotive OEMs to
leverage the capabilities of software-defined vehicles to develop
solutions which deliver innovative user experiences — such as
providing drivers flawless access to the entire ecosystem
of apps and intelligent AI-powered voice assistants.
As a trusted global automotive software systems integrator, DXC
Luxoft is uniquely positioned to provide automotive OEMs with deep
domain expertise, leveraging the latest in software development
innovation, powered by AI.
To empower automotive OEMs in this partnership, ECARX will
leverage its turnkey solutions for smart vehicles, including
computing platforms, in-vehicle software, and central computing
technology designed to connect the systems of next-generation
software-defined vehicles.
ECARX and DXC Luxoft will collaborate to enable automotive OEMs
to accelerate the transformation of their business models, and
maximize the impact that software-defined vehicles can make to the
end user’s experience. Peter Cirino, Chief Operating Officer,
ECARX, said, “We’re delighted to work with DXC Luxoft, a globally
trusted brand and integration partner that will help automotive
OEMs to integrate our hardware and software to meet their
individual needs, deliver bespoke user experiences and
differentiate their products. This will bring automotive OEMs more
software independence and business growth by enabling them, in
collaboration with DXC Luxoft, to develop software solutions on
ECARX’s industry-leading stack.”
“Automotive OEMs need to be able to leverage the very latest
advancements in the industry in order to offer a unique user
experience,” said Luz G. Mauch, Executive Vice President of DXC
Luxoft Automotive. “Through this collaboration between ECARX and
DXC Luxoft, our clients will have the ability to build unique
software and interfaces, and accelerate the transformation to
software-defined vehicles,” he added.
About ECARX
ECARX (Nasdaq: ECX) is a global automotive technology provider
with the capabilities to deliver turnkey solutions for
next-generation smart vehicles, from the system on a chip (SoC), to
computing platforms and software. As automakers develop new vehicle
architectures from the ground up, ECARX is developing full-stack
solutions to enhance the user experience, while reducing complexity
and cost.
Founded in 2017 and listed on the Nasdaq in 2022, ECARX now has
almost 2,000 employees based in 11 major locations in UK, USA,
Sweden, China and Germany. To date, ECARX products can be found in
over 6 million vehicles worldwide.
About DXC Luxoft
DXC Luxoft is a trusted partner in global digital transformation
and a leader in delivering competitive advantage in the
software-defined world. We engineer and deliver innovative services
and products that shape the future of industries by leveraging our
extensive partnership network and deep industry-specific
expertise.
For more information, please visit luxoft.com
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their
mission-critical systems and operations while modernizing IT,
optimizing data architectures, and ensuring security and
scalability across public, private and hybrid clouds. The world’s
largest companies and public sector organizations trust DXC to
deploy services to drive new levels of performance,
competitiveness, and customer experience across their IT estates.
Learn more about how we deliver excellence for our customers and
colleagues at DXC.com.
Together, DXC and DXC Luxoft deliver a differentiated customer
value proposition for digital transformation, combining DXC
Luxoft's digital front-end capabilities with DXC's expertise in IT
modernization and integration.
Forward-looking statements —
ECARX
This release contains statements that are forward-looking
statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. These statements are based on
management’s beliefs and expectations as well as on assumptions
made by and data currently available to management, appear in a
number of places throughout this document and include statements
regarding, amongst other things, results of operations, financial
condition, liquidity, prospects, growth, strategies and the
industry in which we operate. The use of words “expects”,
“intends”, “anticipates”, “estimates”, “predicts”, “believes”,
“should”, “potential”, “may”, “preliminary”, “forecast”,
“objective”, “plan”, or “target”, and other similar expressions are
intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future performance
and are subject to a number of risks and uncertainties that could
cause actual results to differ materially, including, but not
limited to statements regarding our intentions, beliefs or current
expectations concerning, among other things, results of operations,
financial condition, liquidity, prospects, growth, strategies,
future market conditions or economic performance and developments
in the capital and credit markets and expected future financial
performance, and the markets in which we operate. For a discussion
of these and other risks and uncertainties that could cause actual
results to differ materially from those expressed in any
forward-looking statement, see ECARX’s filings with the U.S.
Securities and Exchange Commission. ECARX undertakes no obligation
to update or revise and forward-looking statements to reflect
subsequent events or circumstances, except as required by
applicable law.
Forward-looking statements —
DXC Luxoft
All statements in this press release that do not directly and
exclusively relate to historical facts constitute “forward-looking
statements.” These statements represent current expectations and
beliefs, and no assurance can be given that the results described
in such statements will be achieved. Such statements are subject to
numerous assumptions, risks, uncertainties and other factors that
could cause actual results to differ materially from those
described in such statements, many of which are outside of our
control. For a written description of these factors, see the
section titled “Risk Factors” in DXC’s upcoming Annual Report on
Form 10-K for the fiscal year ended March 31, 2024, and any
updating information in subsequent SEC filings. No assurance can be
given that any goal or plan set forth in any forward-looking
statement can or will be achieved, and readers are cautioned not to
place undue reliance on such statements which speak only as of the
date they are made. We do not undertake any obligation to update or
release any revisions to any forward-looking statement or to report
any events or circumstances after the date of this report or to
reflect the occurrence of unanticipated events except as required
by law.
Media contacts:
Irina Patentova, Marketing Manager, DXC Luxoft
ipatentova@dxc.com
Daniel Griffiths, Communications Director, ECARX
daniel.griffiths@ecarxgroup.com
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