Geely-Linked Ecarx Aims to Diversify Revenue, Shed Chinese Roots Amid US Expansion Hurdles

Ecarx Holdings, controlled by Geely's founder, aims to cut Chinese revenue from 80% to 50% by 2030 and boost European staffing to 1,000 by decade's end. The firm is seeking to distance itself from China due to escalating Sino-American tensions and plans to combine with another Nasdaq-listed automotive-sensor company to dilute its Chinese profile and widen access to North American markets. The deal may still face challenges from US regulators.