车车科技打造新能源汽车保险数字化服务新范式

Core Insights - The insurance system for electric vehicles is undergoing a transformation driven by the "dual carbon strategy" and the rapid increase in the penetration rate of new energy vehicles [1][2] - Cheche Technology is leveraging its core capabilities in "insurance technology + supply chain contracts" to create a comprehensive digital insurance service system for automakers, facilitating efficient collaboration among automakers, insurance companies, and users [1][4] - The platform has already served 20 automakers, including Huawei, Li Auto, NIO, and XPeng, and has nearly one million users, establishing itself as a key player in the digitalization of insurance for new energy vehicles in China [1][4] Industry Trends - The penetration rate of new energy vehicles in China has surged from less than 5% to nearly 50% over the past five years, with production and sales expected to exceed 6.9 million units in the first half of 2025 [2] - By 2024, the number of new energy vehicles is projected to surpass 31 million, accounting for 8.9% of the total vehicle ownership in China [2] - The market for new energy vehicle insurance is expected to grow significantly, with premiums projected to reach around 500 billion yuan by 2030, making it a core growth point in the insurance sector [2][3] Policy Developments - The Chinese government has been continuously improving policies related to new energy vehicle insurance, including the introduction of exclusive insurance products tailored to the unique risks associated with electric vehicles [2][3] - In December 2021, the China Insurance Industry Association released trial exclusive clauses for new energy vehicle commercial insurance, expanding the scope of risk coverage [3] - The first guidance on new energy vehicle insurance was issued in January 2025, proposing a series of policy measures aimed at promoting high-quality development in the sector [3] Digital Transformation in Insurance - Cheche Technology is creating a new digital service model for vehicle insurance, moving away from traditional sales channels to a user-centered approach that allows customers to purchase insurance directly through automaker apps [4][5] - The platform has achieved over 90% penetration in online insurance purchases for new energy vehicles, enabling quick access to insurance services [6] - The introduction of AI models and multi-source data has enhanced risk assessment and pricing capabilities, significantly improving operational efficiency and reducing claims risks for insurance partners [6][9] Future Outlook - The development of new energy vehicle insurance is expected to follow three main trends: embedded insurance services, data-driven real-time pricing, and subscription-based services that integrate insurance with other vehicle-related offerings [8] - Automakers are positioned to leverage their unique capabilities in real-time risk assessment and data utilization, which traditional insurance companies may lack [7][8] - The integration of insurance into the overall vehicle ownership experience is likely to reshape traditional insurance business models, creating new opportunities for both automakers and insurers [8]