SunCar Technology Group Inc. Announces Business Cooperation with Li Auto for Advanced System Software Development
NEW YORK, Feb. 21, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced a new business cooperation (the "Agreement") through its wholly owned subsidiary, Shanghai Chengle Network Technology Co., Ltd. with Beijing Li Auto Insurance Brokerage Company ("Li Auto Insurance").
- NEW YORK, Feb. 21, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced a new business cooperation (the "Agreement") through its wholly owned subsidiary, Shanghai Chengle Network Technology Co., Ltd. with Beijing Li Auto Insurance Brokerage Company ("Li Auto Insurance").
- Under this Agreement, SunCar and Li Auto Insurance are set to collaborate on developing the 'Li Auto Insurance's Broker System'.
- SunCar will lead the design and development phases and deploy a robust software solution tailored to Li Auto Insurance's needs.
- We are confident that Li Auto Insurance's Broker System will deliver exceptional value to Li Auto Insurance with operational excellence and set a benchmark for technology-driven solutions in insurance brokerage."