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SearchThe deal brings Flyme Auto and Flyme OS into ECARX. The company will finance around 70% of the price with ten-year syndicated loans and plans to keep the business as an independent division.
ECARX Holdings has completed its acquisition of 100% of the Flyme software business for 1.8 billion yuan ($266 million), paid in cash. Announced in June 2026, the deal includes Flyme Auto, the operating system for vehicle cockpits, and Flyme OS, the multi-device platform.
The business was placed in Hubei Qiguang Technology, an entity established to separate it from DreamSmart Group. According to Just Auto, the purchase includes Flyme’s intellectual property, its research and development teams, engineering resources, contracts with automakers, and operational infrastructure. An independent valuation put the entity’s value at 1.82 billion yuan as of May 31, 2026; that figure is the valuation, not the final price paid.
Approximately 70% of the financing comes from syndicated loans from Chinese commercial banks, with a ten-year maturity and market-based terms; the remaining 30% will be covered by internal resources. ECARX also plans to contribute 200 million yuan to the acquired entity to support its operations.
The company plans to run Flyme as an independent software division, with the stated aim of preserving R&D continuity and facilitating the transition for existing customers. Just Auto also reports that current Flyme OS operators will continue to receive updates and retain ownership of their users’ data.
The acquisition expands ECARX’s offering from components and computing platforms to vehicle operating systems. In practice, this allows the company to offer automakers options ranging from hardware or software separately to end-to-end integrated solutions. Before the deal closed, Automotive World reported that Flyme Auto was already deployed in more than two million vehicles; that figure describes the system’s prior reach, not a result of the purchase.
ECARX founder and CEO Ziyu Shen said that bringing Flyme’s complete platform into the company aligns hardware and software road maps and strengthens its proposition for global automakers. He also cited potential revenue from software licensing, integration services, and connected-ecosystem monetization. These opportunities are expectations expressed by the company: the sources do not quantify the revenue the deal could generate or detail its future financial impact.
For enterprise customers, the integration brings together under one provider technology layers that may require coordination across different teams and contracts. However, the completion of the purchase does not in itself demonstrate that development timelines or costs will be reduced: those effects will depend on how ECARX integrates the teams, products, and relationships with automakers.
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