SunCar Technology Expanding Partnership With Electric Vehicle Manufacturer

MT Newswires Live

02-14

SunCar Technology (SDA) said Thursday it is expanding a partnership with an unnamed electric vehicle manufacturer.

The partnership was launched in early 2024 focusing on automotive insurance brokerage services, SunCar said, adding that premium volume rose from $400,000 in January 2024 to about $40 million by year-end in 48 Chinese cities.

SunCar said it will extend its geographical footprint and deepen its technology integration with the EV manufacturer in 2025.

Price: 5.22, Change: +0.01, Percent Change: +0.21

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