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SunCar Technology Group Inc. Stock Price, News & Analysis

SDA Nasdaq

Welcome to our dedicated page for SunCar Technology Group news (Ticker: SDA), a resource for investors and traders seeking the latest updates and insights on SunCar Technology Group stock.

SunCar Technology Group Inc. (NASDAQ: SDA) provides innovative cloud-based solutions for automotive after-sales services and digital insurance platforms in China. This news hub offers investors and industry professionals centralized access to verified updates about the company's strategic initiatives and market position.

Track official announcements including technology partnerships, financial results, and service expansions. Our curated collection features press releases about AI-driven platform enhancements, collaborations with major financial institutions, and developments in electric vehicle insurance solutions.

All content undergoes strict verification to ensure accuracy and relevance. Users benefit from consolidated updates on SDA's B2B model evolution, cloud platform innovations, and automotive service network growth. Bookmark this page for efficient monitoring of the company's progress in digitizing China's automotive services sector.

Rhea-AI Summary

SunCar Technology Group Inc. (NASDAQ: SDA) has announced a strategic partnership with Lotus Technology (NASDAQ: LOT) to enhance automotive industry services in China. The collaboration will leverage SunCar's auto e-insurance technology platform and extensive automotive service network to support Lotus's market expansion.

Key aspects of the partnership include:

  • Providing Lotus owners with comprehensive one-stop automotive services
  • Offering a wide range of insurance options and coverage services to Lotus customers
  • Assisting Lotus in promoting vehicles across various regions
  • Utilizing big data analytics to help Lotus understand consumer demands and optimize marketing strategies

This partnership aims to enhance brand visibility, competitiveness, and customer trust for Lotus while expanding SunCar's service offerings in the Chinese automotive market.

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-6.06%
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SunCar Technology Group Inc. (NASDAQ: SDA) has secured a two-year service agreement with China Merchants Bank (CMB) to provide concierge car services for CMB's Private Banking division in China. This partnership highlights SunCar's dominant market share in offering concierge transportation services to major Chinese banks' private banking departments.

SunCar will leverage its extensive industry expertise and service network to deliver comprehensive concierge car services to CMB's elite private banking clients. The collaboration aims to enhance CMB's customer experience through a sophisticated, technology-driven integration model. This agreement reinforces SunCar's commitment to providing exceptional, customer-centric services to leading banking institutions.

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-4.41%
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SunCar Technology Group, a leader in cloud-based B2B auto services and e-insurance in China, has won a bid to provide car wash services for China Construction Bank's Yunnan Branch Long Card holders. This marks another significant collaboration between SunCar and CCB, following similar partnerships with CCB's Fujian branch since 2023. Leveraging its extensive car wash service network and technological strengths, SunCar aims to deliver high-quality, efficient, and convenient services to Long Card users in Yunnan. The company has a history of successful partnerships with major financial institutions, including Agricultural Bank of China and China CITIC Bank, highlighting its expertise in the car wash service sector.

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-4.04%
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SunCar Technology Group (NASDAQ: SDA) has announced a strategic collaboration with Ping An Property & Casualty Insurance Co. (Shenzhen Branch), a subsidiary of Ping An Insurance Group. This partnership aims to enhance airport pickup services for Ping An's high-value clients. Ping An P&C Shenzhen is the seventh branch to join SunCar's service network, showcasing SunCar's commitment to customer satisfaction and premium service delivery. The deal is part of SunCar's broader strategy to expand its footprint through collaborations with major financial institutions, including China Construction Bank and Ant Fortune. SunCar's CEO, Ye Zaichang, emphasized the company's dedication to excellence and seamless travel experiences for clients.

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2.91%
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SunCar Technology Group Inc. (NASDAQ: SDA) has announced an extended collaboration with Zeekr Intelligent Technology Holding , a premium electric vehicle brand under Geely Group. This partnership will utilize SunCar's intelligent insurance service platform to offer innovative solutions to Zeekr's customers in China.

The platform integrates online and offline services, leveraging cloud architecture, big data, and AI to connect insurance companies, intermediaries, and customers. It includes SaaS and PaaS cloud services, facilitating end-to-end online insurance processes for electric vehicle owners.

The collaboration aims to enhance technology, products, customer management, marketing, and after-sales services to meet user demands for improved benefits, cost reduction, and optimized services. SunCar's initiative reinforces its leadership in digital automotive services and e-insurance.

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8.45%
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SunCar Technology Group Inc. announced an expanded partnership with Beijing Houji Insurance Brokerage Co., , a part of Xiaomi Group, to provide innovative intelligent insurance services in 14 cities across China. The collaboration aims to revolutionize the insurance industry by leveraging SunCar's advanced technology platform, including big data and AI, to enhance the customer experience.

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2.53%
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FAQ

What is the current stock price of SunCar Technology Group (SDA)?

The current stock price of SunCar Technology Group (SDA) is $2.39 as of July 18, 2025.

What is the market cap of SunCar Technology Group (SDA)?

The market cap of SunCar Technology Group (SDA) is approximately 251.5M.
SunCar Technology Group Inc.

Nasdaq:SDA

SDA Rankings

SDA Stock Data

251.47M
33.55M
35.32%
0.5%
0.13%
Auto & Truck Dealerships
Consumer Cyclical
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China
Shanghai