NEW
YORK, May 15, 2024 /PRNewswire/ -- SunCar
Technology Group Inc. (NASDAQ: SDA), an innovative leader in
cloud-based B2B auto services and auto e-insurance in China, is pleased to announce an extended
collaboration with Zeekr Intelligent Technology Holding Limited
("Zeekr") (NYSE: ZK), a premium electric automobile brand under
Zhejiang Geely Holding Group ("Geely Group") (0175.HK). This
partnership will utilize SunCar's cutting-edge intelligent
insurance service platform to deliver innovative solutions to
Zeekr's customers across China,
representing the latest expansion and advancement for SunCar within
the insurance sector.
SunCar's commitment to building an intelligent insurance service
platform leverages robust cloud service architecture and integrates
online and offline services. This advanced platform serves as an
intelligent hub for the entire insurance ecosystem, utilizing big
data and AI to connect insurance companies, empower intermediaries,
and serve both enterprise and individual customers effectively.
The enhanced collaboration with Zeekr highlights SunCar's
ongoing expansion and inventive strides within the insurance
industry. The collaboration blends digital and traditional
insurance services by integrating SunCar's state-of-the-art
intelligent insurance platform with its robust cloud
infrastructure. The platform offers comprehensive digital and
intelligent insurance services, including SaaS (Software as a
Service) and PaaS (Platform as a Service) cloud services, designed
for insurance intermediaries, agents, and manufacturers.
Moreover, SunCar's platform enables end-to-end online insurance
processes for electric vehicle owners, from quoting to policy
management, while also providing tools for insurance agents to
generate and manage business opportunities. This collaboration with
Zeekr empowers the Company with technology, products, customer
management, marketing, and after-sales services to meet user
demands for enhanced benefits, reduced costs, and optimized
services.
"We are excited to deepen our partnership with Geely Group and
provide Zeekr with our innovative intelligent insurance services,"
stated Ye Zaichang, Chairman and CEO of SunCar Technology Group
Inc. "Our collaboration is the latest example of our ability to
leverage our technology to transform the insurance landscape and
empower insurance service providers."
This collaboration marks a significant milestone towards
SunCar's vision of revolutionizing the automotive insurance
industry through technology-driven solutions. It reinforces
SunCar's leadership position in digital automotive services and
electronic insurance, driving innovation and efficiency in the
insurance sector.
About ZEEKR Intelligent Technology Holding
Limited
ZEEKR is a fast-growing BEV technology company. The Company
aspires to lead the electrification, intelligentization, and
innovation of the automobile industry through the development and
sales of next-generation premium BEVs and technology-driven
solutions. Incorporated in March
2021, ZEEKR has focused on innovative BEV architecture,
hardware, software, and the application of new technologies. Its
current product portfolio primarily includes ZEEKR 001, a
five-seater, cross-over hatchback; ZEEKR 001 FR, its latest
cross-over hatchback; ZEEKR 009, a luxury six-seater MPV; ZEEKR X,
a compact SUV; and an upscale sedan model.
With a mission to create the ultimate mobility experience
through technology and solutions, ZEEKR's efforts are backed by
strong in-house R&D capabilities, a deep understanding of
products, high operational flexibility, and a flat, efficient
organizational structure. Together, these features enable fast
product development, launch, and iteration, as well as the creation
of a series of customer-oriented products and go-to-market
strategies. For more information, please visit
https://ir.zeekrlife.com/.
About SunCar Technology Group Inc.
Originally founded in 2007, SunCar is transforming the customer
journey for auto services and auto insurance in China, the largest passenger vehicle market in
the world. SunCar develops and operates cloud-based platforms that
seamlessly connect drivers with a wide range of auto services and
insurance coverage options through a nationwide network of sales
partners. As a result, SunCar has established itself as the leader
in China in the B2B auto services
market and the auto eInsurance market for electric vehicles. The
Company's multi-tenant, cloud-based platform empowers its
enterprise clients to access and manage their customer database and
offerings optimally, and drivers gain access to hundreds of
services from tens of thousands of independent providers in a
single application. For more information, please visit:
https://suncartech.com.
Contact Information:
SunCar:
Investor Relations: Ms. Hui
Jiang
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com
U.S. Investor Relations
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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SOURCE SunCar Technology Group Inc.