Lone Fønss Schrøder Takes the Helm as Chairperson of ECARX Holdings Board

ECARX Holdings Announces a New Era in Leadership

In a significant move strengthening its corporate governance structure, ECARX Holdings Inc., publicly traded as (Nasdaq: ECX), has appointed Lone Fønss Schrøder as the Chairperson of the Board of Directors effective immediately. This decision comes as part of the company's ongoing mission to bolster its global presence in the mobility technology sector.

Lone Fønss Schrøder, a respected figure in the automotive and technology industries, initially joined the ECARX Board as a Director on October 31, 2025. Her elevation to Chairperson not only separates the roles of Chairperson and Chief Executive Officer, but it also enhances the governance framework within the company, following a clear delineation of leadership roles. Ziyu Shen will continue in his capacity as Chief Executive Officer and remain a member of the Board.

With decades of experience to her credit, Schrøder’s background is anything but conventional. She served as the Vice Chairperson of Volvo Cars during a transformative period that saw the company pivot towards electrification and software integration. Her extensive resume also includes board positions at major corporations like Ingka Holding B.V. (part of the IKEA Group), GSHAB, Ikano Bank, and the Aker Group. These roles have equipped her with profound insights into corporate governance and international strategy.

"I am honored to take on this role at ECARX, a true pioneer in software-defined vehicles and intelligent mobility," said Schrøder. She emphasized her commitment to not only guide the company during its next growth phase but also to strengthen its governance policies while creating long-term value for shareholders and partners.

Ziyu Shen expressed his support for Schrøder's appointment, stating that her vast experience in the automotive and technology sectors would be invaluable as ECARX seeks to enhance its central computing, cockpit, and advanced driver-assistance systems (ADAS) solutions across multiple continents. By separating the roles of Chairperson and CEO, the company signals a clear direction towards improved governance and operational clarity.

Focus on Global Expansion

The strategic appointment of Schrøder aligns closely with ECARX's ambitious goal of achieving 50% revenue generation from global markets by 2030, a target that underscores its commitment to widespread expansion. The leadership change comes at a pivotal time as ECARX positions itself for growth in a competitive market increasingly leaning towards sustainability and intelligent tech integration.

As the automotive sector moves rapidly toward electrification and AI-driven solutions, ECARX stands at the forefront of this evolution. The company’s full-stack platform and its global partnerships with leading automakers position it well to meet the demands of modern consumers.

Lone Fønss Schrøder's Vision for ECARX

In her new role, Schrøder aims to leverage her extensive expertise to foster innovation within ECARX, promoting a culture of excellence and responsiveness in a dynamic market. "The company has built a unique full-stack platform, a global footprint, and partnerships with world-class automakers. I look forward to working closely with Ziyu, the Board, and the leadership team to guide ECARX’s next phase of global growth," she mentioned in her statements.

Lone Fønss Schrøder represents the fresh perspective ECARX needs to navigate the complexities of the modern automotive landscape. With her leadership, the company is well-positioned to embrace new challenges and drive sustainable growth in the coming years.

For more information about ECARX and its innovative technologies, please visit their official site.