SunCar's Partnership with Xiaomi Enters a New Phase to Support its YU7 Launch, Promoting Fully Intelligent Auto Insurance
SunCar Technology Group (NASDAQ: SDA), a leading Chinese cloud-based B2B auto eInsurance provider, announced the advancement of its strategic partnership with Xiaomi Auto. Following the launch of Xiaomi's first pure electric SUV, the YU7, in April 2024, the collaboration focuses on developing intelligent vehicle insurance solutions.
SunCar has implemented AI and big data analysis technologies to create a customized intelligent vehicle insurance service system for Xiaomi Auto. The company projects a 100% increase in business with Xiaomi during 2025, marking a significant expansion of their partnership.
SunCar Technology Group (NASDAQ: SDA), un importante fornitore cinese di assicurazioni auto B2B basate su cloud, ha annunciato il potenziamento della sua partnership strategica con Xiaomi Auto. Dopo il lancio del primo SUV elettrico puro di Xiaomi, lo YU7, avvenuto nell'aprile 2024, la collaborazione si concentra sullo sviluppo di soluzioni assicurative intelligenti per veicoli.
SunCar ha adottato tecnologie di intelligenza artificiale e analisi dei big data per creare un sistema di servizi assicurativi intelligenti personalizzati per Xiaomi Auto. L'azienda prevede un raddoppio del business con Xiaomi nel 2025, segnando un'espansione significativa della loro partnership.
SunCar Technology Group (NASDAQ: SDA), un destacado proveedor chino de seguros de automóviles B2B basados en la nube, anunció el avance de su asociación estratégica con Xiaomi Auto. Tras el lanzamiento del primer SUV eléctrico puro de Xiaomi, el YU7, en abril de 2024, la colaboración se centra en desarrollar soluciones inteligentes de seguros para vehículos.
SunCar ha implementado tecnologías de inteligencia artificial y análisis de big data para crear un sistema de servicios de seguros inteligentes personalizados para Xiaomi Auto. La empresa proyecta un incremento del 100% en el negocio con Xiaomi durante 2025, marcando una expansión significativa de su alianza.
SunCar Technology Group (NASDAQ: SDA)는 중국을 대표하는 클라우드 기반 B2B 자동차 보험 제공업체로서, Xiaomi Auto와의 전략적 파트너십을 강화했다고 발표했습니다. 2024년 4월 Xiaomi의 첫 순수 전기 SUV인 YU7 출시 이후, 이번 협력은 지능형 차량 보험 솔루션 개발에 집중하고 있습니다.
SunCar는 AI 및 빅데이터 분석 기술을 도입해 Xiaomi Auto를 위한 맞춤형 지능형 차량 보험 서비스 시스템을 구축했습니다. 회사는 2025년 Xiaomi와의 비즈니스가 100% 증가할 것으로 예상하며, 파트너십의 중요한 확장을 의미합니다.
SunCar Technology Group (NASDAQ : SDA), un fournisseur chinois de premier plan d’assurances auto B2B basées sur le cloud, a annoncé le renforcement de son partenariat stratégique avec Xiaomi Auto. Suite au lancement du premier SUV 100 % électrique de Xiaomi, le YU7, en avril 2024, cette collaboration se concentre sur le développement de solutions d’assurance véhicule intelligentes.
SunCar a mis en œuvre des technologies d’IA et d’analyse de big data pour créer un système de services d’assurance véhicule intelligent personnalisé pour Xiaomi Auto. La société prévoit une augmentation de 100 % de son activité avec Xiaomi en 2025, marquant une expansion significative de leur partenariat.
SunCar Technology Group (NASDAQ: SDA), ein führender chinesischer cloudbasierter B2B-Anbieter von Kfz-Versicherungen, gab die Vertiefung seiner strategischen Partnerschaft mit Xiaomi Auto bekannt. Nach der Markteinführung des ersten vollelektrischen SUVs von Xiaomi, dem YU7, im April 2024, konzentriert sich die Zusammenarbeit auf die Entwicklung intelligenter Fahrzeugversicherungen.
SunCar hat KI- und Big-Data-Analysetechnologien eingesetzt, um ein maßgeschneidertes intelligentes Fahrzeugversicherungssystem für Xiaomi Auto zu entwickeln. Das Unternehmen rechnet für 2025 mit einer Verdoppelung des Geschäfts mit Xiaomi, was eine bedeutende Erweiterung der Partnerschaft darstellt.
- Partnership with major tech company Xiaomi expected to double business in 2025
- Successfully developed customized AI-powered insurance solutions for Xiaomi Auto
- Strategic positioning in China's emerging electric vehicle insurance market
- None.
With the official launch of Xiaomi Auto's first pure electric SUV, the Xiaomi YU7 in April 2024, the two parties have been engaged in the field of intelligent vehicle insurance, creating a fully intelligent and digitized auto insurance service system for Xiaomi. As this partnership enters its next phase, SunCar expects their business with Xiaomi to double in 2025.
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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
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SOURCE SunCar Technology Group Inc.
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