SunCar Technology Group Inc. Announces Service Agreement with Nio Auto
2023年8月30日 - 10:28PM
SunCar Technology Group Inc. (“SunCar” or the “Company”) (Nasdaq:
SDA), a leading provider of digitalized enterprise automotive
after-sales services and online auto insurance intermediation
service in China, today announced that it has renewed its one-year
insurance intermediation service agreement with Nio Inc., a
multinational automobile manufacturer headquartered in Shanghai,
China with over $7 billion annual revenue specializing in designing
and developing electric vehicles.
Mr. YE Zaichang, Chairman & CEO of SunCar,
commented: “SunCar leverage the experience of NEV customers and
partners like Nio, who are NEV industry leaders in China. We have
witnessed strong growth momentum for NEVs in China, driven by the
increasing general customer acceptance of products, services, and
technologies. We will continue to expand our diverse services
platform and look forward to supporting more leading NEV companies
as they ramp up production and delivery capabilities. We at SunCar
dedicate ourselves to providing premium insurance and aftermarket
services and thus bring value to investors as well as end
customers.”
About SunCar Technology Group Inc.
Originally founded in 2007, SunCar is
transforming the customer journey for car insurance and aftermarket
services in China, the largest passenger vehicle market in the
world. SunCar develops and operates online platforms that
seamlessly connect drivers with a wide range of automotive services
and insurance coverage options from a nationwide network of
provider partners. As a result, SunCar has established itself as
the leader in China in the B2B automotive after-sales services
market and the online insurance market for electric vehicles. The
company’s multi-tenant, cloud-based platform empowers its
enterprise clients to optimally access and manage their customer
database and offerings, and drivers gain access to hundreds of
services from tens of thousands of independent providers in a
single application.
Forward-Looking Statements
This press release contains information about
the Company's view of its future expectations, plans and prospects
that constitute forward-looking statements. Actual results may
differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of
factors including, but not limited to, risks and uncertainties
associated with its ability to raise additional funding, its
ability to maintain and grow its business, variability of operating
results, its ability to maintain and enhance its brand, its
development and introduction of new products and services, the
successful integration of acquired companies, technologies and
assets into its portfolio of products and services, marketing and
other business development initiatives, competition in the
industry, general government regulation, economic conditions,
dependence on key personnel, the ability to attract, hire and
retain personnel who possess the technical skills and experience
necessary to meet the requirements of its clients, and its ability
to protect its intellectual property. The Company's encourages you
to review other factors that may affect its future results in the
Company's annual reports and in its other filings with the
Securities and Exchange Commission.
Contact
SunCar:
Investor Relations: Ms. Hui Jiang
Email:IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com
SunCar Technology (NASDAQ:SDA)
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