ECARX Technology has partnered with US autonomous driving firm May Mobility, signing a strategic framework agreement valued at roughly $750 million. The deal extends ECARX’s capabilities from automotive intelligent computing platforms into full Robotaxi autonomous driving solutions, opening new avenues for revenue growth. ECARX Building Under the agreement, ECARX will supply May Mobility’s Robotaxi fleet with a full-stack intelligent driving solution. The first joint vehicle platform has been confirmed; pilot operations are slated for next year, with large-scale commercial deployment targeted for 2028. ECARX will custom-develop an L4 AI central computing platform for May Mobility, optimized for autonomous driving scenarios. The system includes a sensor suite with LiDAR, millimeter-wave radar, cameras, and inertial measurement units, enabling 360-degree environment perception. The solution will be deployed across tens of thousands of May Mobility autonomous vehicles. Both parties plan to cut total Robotaxi vehicle costs by at least 50% by 2028. ECARX self-developed chip ECARX’s move to partner with the US firm reflects a clear strategic calculation. The company has long focused on in-vehicle intelligent hardware, smart cockpits, and automotive ecosystems, holding mature full-stack autonomous driving technology and securing overseas contracts, including Volkswagen. The collaboration opens a new Robotaxi market segment for ECARX and strengthens its global technology and commercialization capabilities in smart mobility. May Mobility has developed a proprietary predictive world model and operates in over ten cities in the US and Japan, with road test data and operational experience. However, it lacks mass production engineering and a mature supply chain, leading to higher vehicle costs and limiting fleet expansion. Autonomous vehicle by Toyota and May Mobility Leveraging ECARX’s production scale and cost advantages, May Mobility aims to rapidly expand its autonomous vehicle fleet. Financially, ECARX reported Q1 2026 revenue of $131.5 million, gross margin of 21.4% (up 1.4 percentage points YoY), three consecutive profitable quarters, adjusted EBITDA of $4 million, and cash and equivalents of $70.1 million.
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