Core Insights - SunCar Technology Group Inc. is advancing its partnership with Xiaomi, focusing on intelligent vehicle insurance solutions [1][2] - The collaboration aims to create a fully intelligent and digitized auto insurance service system for Xiaomi, with expectations of doubling business in 2025 [2][3] - SunCar is recognized as a leader in cloud-based auto insurance services in China, utilizing AI and big data to tailor solutions for Xiaomi Auto [3][4] Company Overview - Founded in 2007, SunCar is transforming the auto services and insurance landscape in China, the largest passenger vehicle market globally [4] - The company operates cloud-based platforms that connect drivers with various auto services and insurance options through a nationwide sales partner network [4] - SunCar has established itself as a leader in the auto eInsurance market for electric vehicles and the B2B auto services market in China [4]
SunCar's Partnership with Xiaomi Enters a New Phase to Support its YU7 Launch, Promoting Fully Intelligent Auto Insurance