ECARX Holdings (ECX) Shares Soar 15.40% After PHEV Sedan Launch

ECARX Holdings (ECX) shares surged by 15.40% today, marking a significant rebound after the share price dropped to a record low with an intraday decline of 7.32%.

ECARX Holdings' stock price has been influenced by the announcement of their comprehensive technology solution powering the Geely Galaxy Xingyao 8 PHEV sedan, which began pre-sales on April 10, 2025. This launch has the potential to sway investor sentiment and impact the stock price, as it showcases the company's technological advancements and market reach.