UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2025 Commission File Number: 001-41247 SunCar Technology Group Inc. (Translation of registrant's name into English) c/o Shanghai Feiyou Trading Co., Ltd. Suite 209, No. 656 Lingshi Road Jing'an District, Shanghai, 200072 People's Republic of China Tel: (86) 138-1779-6110 (Address of principal ex ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced a firm commitment underwritten follow-on public offering of an aggregate of up to $50 million of Class A Ordinary Shares, par value $0.0001 per share (the "Class A Ordinary Shares"). In connection with the offering, SunCar intends to grant the underwriters a 30-day option to purchase an aggregate of up to $7.5 milli ...

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, today announced the appointment of Mr. Breaux Walker as the Company's Chief Strategy Officer (CSO), effective January 13, 2025. Mr. Walker brings over 25 years of extensive experience in business development, corporate finance, and cross-border transactions, particularly within the technology and fintech sectors. H ...

NEW YORK, Jan. 16, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Company"), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce the Company has officially joined the China Auto Dealers Chamber of Commerce (CADCC) as one of its 40 "vice-chairman" members. This milestone solidifies SunCar's influence in the automotive industry and sets the stage for strategic growth in both the New Energy Vehicle (NEV) and traditional ...

NEW YORK, Jan. 8, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Company"), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce the Company has secured the exclusive Contract (the "Contract") for Walmart (China) Investment Co., Ltd.'s ("Walmart China") 2025 Sam's Club Premium Membership Car Wash Project. Under this agreement, SunCar will deliver premium car wash services for Sam's Club members across 17 cities, includ ...

NEW YORK, Dec. 18, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce that it has been awarded a bid to provide premium concierge transportation services for Shanghai Rural Commercial Bank's ("SRCB") valued clientele. This milestone extends the partnership between SunCar and SRCB, which has thrived since 2014. Over the past decade, SunCar has worked closely wit ...

NEW YORK, Nov. 11, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, has entered into a strategic partnership with Wuhan JIDU Automobile Service Co. LTD. ("Wuhan JIDU"), to provide its cutting-edge insurance technology platform to auto buyers and customers across China. This partnership represents a major step in enhancing the digital insurance experience for Wuhan JIDU's expanding customer base.Wuhan JIDU, a ...

Core Insights - SunCar Technology Group Inc. has announced new and renewed contracts totaling over 30 million RMB (approximately USD 4.2 million) with various branches of Ping An Property & Casualty Insurance Co., Ltd. [1][2] Group 1: Partnerships and Contracts - The recent agreements include new partnerships with the Shanghai and Guangdong branches of Ping An, while the Hebei and Shanxi branches have renewed their long-standing collaborations [2] - Foshan Ping An is re-engaging with SunCar after a hiatus, indicating a revival of previous partnerships [2] Group 2: Service Offerings - The new contracts expand beyond traditional car wash and maintenance services to include premium offerings such as clay bar waxing, polishing, wheel alignment, ozone disinfection, and air conditioning sterilization [2] - These value-added services aim to enhance customer experience and broaden the service offerings available through SunCar's collaboration with Ping An [2] Group 3: Market Position and Growth - As of October 2024, SunCar's automotive service collaborations now cover all of Ping An P&C's top 10 provincial branches by premium scale, solidifying its leading position in the auto services market [3] - The partnership builds on previous successes, including a notable collaboration in June 2024 focused on premium airport pickup services for high-value clients [3] - The company aims to enhance service quality and expand the number of partnered car wash locations, supporting Ping An in promoting their insurance products [4] Group 4: Company Overview - Founded in 2007, SunCar is a leader in cloud-based B2B auto services and auto e-insurance in China, the largest passenger vehicle market globally [5] - The company operates a cloud platform that connects drivers with a wide range of auto services and insurance options through a nationwide network of sales partners [5]

Group 1 - Iridium Communications Inc. and General Dynamics Mission Systems received a $491.6 million contract modification from the Space Development Agency for the Ground Management and Integration program, with Iridium's share valued at $239 million over five years [1][2] - The new contract focuses on developing an advanced ground system compatible with SDA's Tranche 2 constellation, including services such as engineering design, analysis, testing, and maintenance [2] - Iridium's engineering and support business is benefiting from U.S. government contracts, including a new five-year contract worth nearly $94 million, expected to provide stable revenue through 2029 [3] Group 2 - Iridium's third-quarter 2024 revenues reached $212.8 million, an 8% increase year over year, with engineering and support revenues surging 22% to $30.7 million [3] - Despite strong performance in engineering and support, weak demand trends in the Equipment business are expected to lead to lower equipment sales in 2024 [4] - Iridium currently holds a Zacks Rank 4 (Sell), with shares down 24% over the past year compared to a 3.4% growth in the sub-industry [5]

SunCar Technology Group Inc. (NASDAQ:SDA) Q2 2024 Earnings Conference Call September 16, 2024 8:00 AM ET Company Participants Jennifer Jiang - Director of IR Zaichang Ye - Chairman and CEO Breaux Walker - U.S. Consultant Operator Thank you for standing by and welcome to the SunCar Technology Group's First Half 2024 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 for SunCar Technology Group. Jennifer Jiang Than ...