finance
ECARX and TPK Sign Agreement to Develop ORCA LiDAR Platform
ECARX Holdings and TPK Holding have signed a binding memorandum to jointly develop a LiDAR sensor system. Production is scheduled to begin in 2028 at TPK's facility in Thailand.
May 29, 5:49 AM·1m read1 source
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ECARX Holdings Inc. , Ltd. signed a binding memorandum of business cooperation on May 29, 2026, to co-develop the ORCA LiDAR platform for global markets. The agreement marks ECARX's formal entry into the LiDAR sector. Under the deal, the companies will create a proprietary sensor system designed to meet global regulatory and functional safety standards.
ECARX will lead system integration, sensor fusion, and global commercialization. The company will draw on its existing relationships with international vehicle OEMs and robotaxi operators. TPK will contribute expertise in optical design, engineering, and high-volume manufacturing of precision components. Manufacturing will take place at TPK's facility in Thailand.
Mass production is scheduled to begin in 2028.
The platform is intended to support next-generation ADAS and AI-enabled autonomous driving systems for vehicle OEMs and robotaxi fleets.
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