ECARX Holdings Soars 20.99% on Robotics Market Entry

ECARX Holdings surged 20.99% in pre-market trading on June 25, 2025, driven by a significant strategic move into the robotics market.

ECARX Holdings has secured a non-automotive customer for its lidar solution, marking its entry into the high-growth robotics market. The company has partnered with a leading robotic lawn mower developer to integrate its lidar technology, expanding its applications beyond the automotive sector. This move leverages ECARX's proprietary solid-state lidar solutions, which offer unmatched precision for obstacle avoidance and environmental mapping. The technology's scalability and reliability make it ideal for service robots, delivery drones, and industrial automation systems.

ECARX's foray into robotics is part of a broader strategy to diversify its revenue streams. The company has long invested heavily in lidar development, with its subsidiary, Photon-Matrix, pioneering semi-solid-state and compact flash solid-state lidar technologies. These innovations are now being applied to the robotics market, where the global lidar market for drones alone is projected to grow significantly. ECARX's existing automotive-grade technology, validated in over 8.7 million vehicles, positions it well to capitalize on this growing segment.

The partnership with the robotic lawn mower developer is just the beginning. ECARX's CEO, Ziyu Shen, has indicated plans to collaborate with more robotics firms, particularly in delivery drones and industrial automation. The company aims to begin global mass production of robotics lidar solutions by 2026, which could be a key inflection point for revenue visibility. Additionally, ECARX's planned Singapore engineering hub and supply chain center will help reduce reliance on China-centric demand, further diversifying its operations.