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SunCar Technology and Lotus Technology Forge Strategic Partnership to Enhance Insurance Services and Expand Sales Network
Prnewswire· 2024-07-23 11:45
NEW YORK, July 23, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce a strategic partnership (the "Partnership") with Lotus Technology ("Lotus,"NASDAQ: LOT) to enhance automotive industry services. This collaboration will leverage SunCar's auto e-insurance technology platform and its extensive automotive service network to support and optimize Lotus's market ex ...
SunCar Technology Announces Two-Year Service Agreement with China Merchants Bank
Prnewswire· 2024-07-18 11:30
 NEW YORK, July 18, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce that it has been selected as the provider of concierge car services for China Merchants Bank ("CMB", SSE: 600036, SEHK: 3968) Private Banking in China. This landmark two-year service framework agreement represents a significant milestone in the collaboration between SunCar and CMB.SunCar hold ...
SunCar Technology Wins Bid for China Construction Bank's Yunnan Branch Long Card Car Wash Service
Prnewswire· 2024-07-09 12:00
SunCar to Leverage its Extensive Car Wash Service Network in the RegionNEW YORK, July 9, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce the successful bid for the China Construction Bank (CCB) Yunnan Branch Long (Long means "dragon") Card Car Wash Service project. This victory marks the latest collaboration between SunCar and CCB, driving SunCar's national e ...
SunCar Technology Group: Strong Partnerships, Good Business Model
Seeking Alpha· 2024-06-23 16:45
Robert Way Introduction and Thesis If you believe that EVs are a flawed solution to a serious problem on Earth, then read on. I have an investment idea in a really solid company that went public in 2023 through a SPAC deal. Its technology helps cure some pain points for EVs. It's called SunCar Technology Group, (NASDAQ:SDA). Their technology links car owners to aftermarket service and insurance providers via a cloud service and mobile app. It profits by solving the problem of China’s underdeveloped afte ...
SunCar Technology Group Partners with Ping An Property & Casualty to Elevate Airport Pickup Services
Prnewswire· 2024-06-17 12:14
NEW YORK, June 17, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar"NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce a new strategic collaboration with Ping An Property & Casualty Insurance Co., Ltd. (Shenzhen Branch) ("Ping An P&C Shenzhen"), a subsidiary of Ping An Insurance Group Co. of China Ltd ("Ping An", 2318.HK), one of the five largest insurance companies in the world and a long term enterprise client of SunCar's. Th ...
SunCar Technology Group Inc. Broadens Intelligent Insurance Services through Enhanced Partnership with Xiaomi Group's Insurance Affiliate
Prnewswire· 2024-05-13 12:00
NEW YORK, May 13, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, announced an expanded partnership with Beijing Houji Insurance Brokerage Co., Ltd. ("Beijing Houji"), a part of the renowned Xiaomi Corporation ("Xiaomi Group") (1810.HK). This strategic alliance is set to transform the insurance industry, utilizing SunCar's advanced intelligent insurance service platform to provid ...
SunCar Technology (SDA) - 2023 Q4 - Earnings Call Transcript
2024-05-01 02:18
SunCar Technology Group, Inc. (NASDAQ:SDA) Q4 2023 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Jennifer Jiang - Director of Investor Relations Zaichang Ye - Chairman and CEO Stanley Yang - Chief Strategy Officer Conference Call Participants Operator Thank you for standing by and welcome to the SunCar Technology Group Fiscal Year 2023 Earnings Call. Please note, that today’s call is being recorded. I will now turn the meeting over to Jennifer Jiang, Director of Investor Relations ...
SunCar Technology (SDA) - 2023 Q4 - Annual Report
2024-04-29 12:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF ...
SunCar Technology Reports 29% Revenue Growth, Including 79% Increase in Auto e-Insurance Business in FY 2023
Prnewswire· 2024-04-29 12:00
Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023Conference Call and Webcast on April 30th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023. Fiscal Year 2023 Financial Results For the fiscal year ended December 31, 2023, total revenue ...
SunCar Technology Group Inc. Schedules Fiscal Year 2023 Earnings Conference Call on Tuesday, April 30th at 5 p.m. ET
PRNewsWire· 2024-04-24 13:16
NEW YORK, April 24, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, will announce its financial results for Fiscal Year 2023 on Monday, April 29th before the market opens. SunCar will host a conference call on Tuesday, April 30, at 5:00 PM ET (2:00 PM PT) with the investment community to discuss the Company's financial results and provide a business update.Investors may submit wr ...