/C O R R E C T I O N -- SunCar Technology Group Inc./
SunCar Technology Group (NASDAQ: SDA) announced the advancement of its partnership with Xiaomi, focusing on intelligent auto insurance solutions for Xiaomi's first pure electric SUV, the YU7. The collaboration, which began in April 2024, aims to develop a fully-intelligent and digitized auto insurance service system specifically for Xiaomi Auto.
As China's leading cloud-based auto insurance service provider, SunCar is leveraging its AI and big data analysis technologies to create tailored vehicle insurance solutions. The company projects its business with Xiaomi to double in 2025 following the official launch of the Xiaomi YU7.
SunCar Technology Group (NASDAQ: SDA) ha annunciato l'avanzamento della sua collaborazione con Xiaomi, concentrandosi su soluzioni intelligenti per l'assicurazione auto dedicate al primo SUV completamente elettrico di Xiaomi, il YU7. La partnership, avviata nell'aprile 2024, mira a sviluppare un sistema di servizi assicurativi auto completamente intelligente e digitalizzato specifico per Xiaomi Auto.
In qualità di principale fornitore cinese di servizi assicurativi auto basati sul cloud, SunCar sta sfruttando le sue tecnologie di intelligenza artificiale e analisi dei big data per creare soluzioni assicurative personalizzate per veicoli. L'azienda prevede che il suo business con Xiaomi raddoppierà nel 2025 dopo il lancio ufficiale dello Xiaomi YU7.
SunCar Technology Group (NASDAQ: SDA) anunció el avance de su colaboración con Xiaomi, centrada en soluciones inteligentes de seguros para el primer SUV totalmente eléctrico de Xiaomi, el YU7. La alianza, iniciada en abril de 2024, tiene como objetivo desarrollar un sistema de servicios de seguros de autos completamente inteligente y digitalizado específicamente para Xiaomi Auto.
Como principal proveedor chino de servicios de seguros de autos basados en la nube, SunCar está aprovechando sus tecnologías de inteligencia artificial y análisis de big data para crear soluciones de seguros de vehículos personalizadas. La compañía proyecta que su negocio con Xiaomi se duplicará en 2025 tras el lanzamiento oficial del Xiaomi YU7.
SunCar Technology Group (NASDAQ: SDA)는 Xiaomi와의 파트너십 진전을 발표하며, Xiaomi의 첫 순수 전기 SUV인 YU7을 위한 지능형 자동차 보험 솔루션에 집중하고 있습니다. 2024년 4월에 시작된 이 협력은 Xiaomi Auto를 위한 완전 지능형 디지털 자동차 보험 서비스 시스템 개발을 목표로 합니다.
중국을 대표하는 클라우드 기반 자동차 보험 서비스 제공업체인 SunCar는 인공지능 및 빅데이터 분석 기술을 활용하여 맞춤형 차량 보험 솔루션을 만들고 있습니다. 회사는 Xiaomi YU7의 공식 출시 이후 2025년에 Xiaomi와의 비즈니스가 두 배로 증가할 것이라고 전망합니다.
SunCar Technology Group (NASDAQ : SDA) a annoncé l’avancement de son partenariat avec Xiaomi, axé sur des solutions d’assurance auto intelligentes pour le premier SUV 100 % électrique de Xiaomi, le YU7. Cette collaboration, débutée en avril 2024, vise à développer un système de services d’assurance auto entièrement intelligent et numérisé, spécifiquement pour Xiaomi Auto.
En tant que principal fournisseur chinois de services d’assurance auto basés sur le cloud, SunCar exploite ses technologies d’IA et d’analyse de big data pour créer des solutions d’assurance véhicule sur mesure. L’entreprise prévoit que son activité avec Xiaomi doublera en 2025 après le lancement officiel du Xiaomi YU7.
SunCar Technology Group (NASDAQ: SDA) gab die Weiterentwicklung seiner Partnerschaft mit Xiaomi bekannt, die sich auf intelligente Kfz-Versicherungslösungen für Xiaomis ersten vollelektrischen SUV, den YU7, konzentriert. Die im April 2024 gestartete Zusammenarbeit zielt darauf ab, ein vollständig intelligentes und digitalisiertes Kfz-Versicherungssystem speziell für Xiaomi Auto zu entwickeln.
Als führender cloudbasierter Anbieter von Kfz-Versicherungsdienstleistungen in China nutzt SunCar seine KI- und Big-Data-Analysetechnologien, um maßgeschneiderte Fahrzeugversicherungslösungen zu schaffen. Das Unternehmen prognostiziert, dass sein Geschäft mit Xiaomi im Jahr 2025 nach dem offiziellen Start des Xiaomi YU7 verdoppelt wird.
- Partnership with major tech company Xiaomi strengthens market position
- Expected doubling of Xiaomi-related business in 2025
- Leveraging AI and big data for specialized insurance solutions
- None.
In the news release, SunCar's Partnership with Xiaomi Enters a New Phase to Support its YU7 Launch, Promoting Fully Intelligent Auto Insurance, issued 30-Jun-2025 by SunCar Technology Group Inc. over PR Newswire, we are advised by the company that the second paragraph should read "The companies have been partnering since April 2024 to develop intelligent vehicle insurance and create a fully-intelligent and digitized auto insurance service system for Xiaomi. With the official launch of Xiaomi Auto's first pure electric SUV, the Xiaomi YU7, this partnership enters its next phase. SunCar expects its business with Xiaomi to double in 2025." as originally issued inadvertently. The complete, corrected release follows:
SunCar's Partnership with Xiaomi Enters a New Phase to Support its YU7 Launch, Promoting Fully Intelligent Auto Insurance
The companies have been partnering since April 2024 to develop intelligent vehicle insurance and create a fully-intelligent and digitized auto insurance service system for Xiaomi. With the official launch of Xiaomi Auto's first pure electric SUV, the Xiaomi YU7, this partnership enters its next phase. SunCar expects its business with Xiaomi to double in 2025.
As
About SunCar Technology Group Inc.
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 auto eInsurance market for electric vehicles and the B2B auto services market. The Company's intelligent cloud platform empowers its enterprise customers to access, manage, and optimize their auto eInsurance and auto service offerings. Through SunCar, drivers gain access to a wide variety of high-quality services from tens of thousands of independent providers, all from a single application. For more information, please visit: https://suncartech.com.
Contact Information:
SunCar:
Investor Relations: Ms. Hui Jiang
Email: IR@suncartech.com
U.S. Investor Relations
Tom Cook
Managing Director
ICR
Email: Tom.Cook@icrinc.com
View original content:https://www.prnewswire.com/news-releases/suncars-partnership-with-xiaomi-enters-a-new-phase-to-support-its-yu7-launch-promoting-fully-intelligent-auto-insurance-302494004.html
SOURCE SunCar Technology Group Inc.
FAQ
What is the partnership between SunCar Technology (NASDAQ: SDA) and Xiaomi?
When did SunCar Technology (SDA) begin its partnership with Xiaomi?
How much growth does SunCar (SDA) expect from its Xiaomi partnership in 2025?
What technologies does SunCar (NASDAQ: SDA) use for its auto insurance solutions?
