Ecarx reduces investment in autonomous driving and shifts focus to cockpit products

Since the second half of 2022, Ecarx has gradually reduced its investment in autonomous driving maps, navigation and driving businesses, and shifted its focus to cockpit products. Ecarx Chairman Shen Ziyu holds 7.2% of the shares, and Geely Group Chairman Li Shufu and his family are the main shareholders of Ecarx, holding more than 50% of the shares.