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Cheche Group and NIO Deepen Partnership to Enhance Insurance Services for New Energy Vehicles

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Cheche Group (NASDAQ:CCG), China's leading auto insurance technology platform, has announced an enhanced partnership with NIO (NYSE:NIO) to provide refined insurance services for NIO's expanding multi-brand electric vehicle portfolio. The collaboration focuses on optimizing policy issuance, intelligent risk control, and claims management.

NIO reported strong delivery numbers with 31,305 vehicles in August 2025, marking a 55.2% year-over-year increase and setting a new monthly record. The company's year-to-date deliveries reached 166,472 units, with cumulative deliveries exceeding 830,000 vehicles. NIO aims to achieve 50,000 monthly deliveries in Q4 2025, with production targets of 15,000 units each for the ONVO L90 and ES8 models by October and December 2025, respectively.

Cheche Group (NASDAQ:CCG), principale piattaforma tecnologica cinese per l'assicurazione auto, ha rafforzato la sua collaborazione con NIO (NYSE:NIO) per offrire servizi assicurativi pi霉 evoluti alla crescente gamma di veicoli elettrici multi-marchio di NIO. L'accordo mira a perfezionare l'emissione delle polizze, il controllo intelligente del rischio e la gestione dei sinistri.

NIO ha registrato risultati di consegna robusti con 31.305 veicoli ad agosto 2025, pari a un incremento del 55,2% su base annua e nuovo record mensile. Le consegne da inizio anno sono arrivate a 166.472 unit脿, con un totale cumulato oltre le 830.000 vetture. L'azienda punta a raggiungere 50.000 consegne mensili nel quarto trimestre 2025, con obiettivi produttivi di 15.000 unit脿 ciascuno per i modelli ONVO L90 e ES8 entro ottobre e dicembre 2025, rispettivamente.

Cheche Group (NASDAQ:CCG), la principal plataforma tecnol贸gica china de seguros de autos, ha ampliado su asociaci贸n con NIO (NYSE:NIO) para ofrecer servicios de seguro m谩s refinados a la creciente cartera multimarca de veh铆culos el茅ctricos de NIO. La colaboraci贸n se centra en optimizar la emisi贸n de p贸lizas, el control inteligente de riesgos y la gesti贸n de siniestros.

NIO inform贸 cifras de entregas s贸lidas con 31.305 veh铆culos en agosto de 2025, lo que supone un incremento interanual del 55,2% y un nuevo r茅cord mensual. Las entregas acumuladas en el a帽o alcanzaron 166.472 unidades, con entregas totales que superan las 830.000 unidades. NIO se propone lograr 50.000 entregas mensuales en el cuarto trimestre de 2025, con objetivos de producci贸n de 15.000 unidades cada uno para los modelos ONVO L90 y ES8 en octubre y diciembre de 2025, respectivamente.

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Cheche Group (NASDAQ:CCG), principale plateforme technologique chinoise d'assurance automobile, a annonc茅 un renforcement de son partenariat avec NIO (NYSE:NIO) afin de fournir des services d'assurance plus 茅labor茅s pour le portefeuille croissant de v茅hicules 茅lectriques multi-marques de NIO. La collaboration vise 脿 optimiser l'茅mission des polices, le contr么le intelligent des risques et la gestion des sinistres.

NIO a annonc茅 de solides chiffres de livraison avec 31 305 v茅hicules en ao没t 2025, soit une hausse de 55,2 % sur un an et un nouveau record mensuel. Les livraisons depuis le d茅but de l'ann茅e ont atteint 166 472 unit茅s, et le total cumul茅 d茅passe 830 000 v茅hicules. NIO vise 脿 atteindre 50 000 livraisons mensuelles au quatri猫me trimestre 2025, avec des objectifs de production de 15 000 unit茅s chacun pour les mod猫les ONVO L90 et ES8 d'ici octobre et d茅cembre 2025, respectivement.

Cheche Group (NASDAQ:CCG), Chinas f眉hrende Technologieplattform f眉r Kfz-Versicherungen, hat seine Partnerschaft mit NIO (NYSE:NIO) ausgeweitet, um verfeinerte Versicherungsdienstleistungen f眉r NIOs wachsende Multi-Brand-Elektrofahrzeugportfolio bereitzustellen. Die Zusammenarbeit konzentriert sich auf die Optimierung der Policenausstellung, intelligente Risikosteuerung und Schadenabwicklung.

NIO meldete starke Auslieferungszahlen mit 31.305 Fahrzeugen im August 2025, was einem jahres眉bergreifenden Anstieg von 55,2 % entspricht und einen neuen Monatsrekord darstellt. Die Auslieferungen im Jahresverlauf beliefen sich auf 166.472 Einheiten, die kumulierten Auslieferungen 眉bersteigen 830.000 Fahrzeuge. NIO strebt an, im 4. Quartal 2025 50.000 monatliche Auslieferungen zu erreichen, mit Produktionszielen von je 15.000 Einheiten f眉r die Modelle ONVO L90 und ES8 bis Oktober bzw. Dezember 2025.

Positive
  • Partnership with major EV manufacturer NIO enhances Cheche's market position in NEV insurance
  • NIO's August 2025 deliveries increased 55.2% YoY to 31,305 vehicles
  • NIO targets ambitious Q4 monthly delivery goal of 50,000 vehicles
  • Potential revenue growth for Cheche from increasing NEV insurance demand
Negative
  • None.

Insights

Cheche's partnership with rapidly growing NIO represents a strategic opportunity to capture significant market share in the specialized NEV insurance market.

This partnership expansion between Cheche Group and NIO comes at a strategic inflection point for both companies. NIO's delivery figures reveal impressive growth momentum, with August deliveries of 31,305 vehicles representing a 55.2% year-over-year increase and setting a new monthly record. With year-to-date deliveries of 166,472 units and cumulative deliveries exceeding 830,000 vehicles, NIO has established substantial scale in the new energy vehicle (NEV) market.

What makes this partnership particularly valuable for Cheche is NIO's aggressive expansion plans. The automaker's production targets are ambitious, with the ONVO L90 expected to reach 15,000 monthly units by October and the new ES8 ramping to 15,000 monthly units by December. NIO's fourth-quarter monthly delivery goal of 50,000 vehicles would represent a 59.7% increase from current levels.

For Cheche, this partnership represents a significant growth vector. NEVs present unique insurance challenges compared to traditional vehicles - from battery damage considerations to advanced driver assistance systems requiring specialized coverage structures. By developing expertise in this growing segment, Cheche positions itself to capture market share in a specialized insurance category with substantial growth potential.

The timing of this announcement is particularly noteworthy as it suggests Cheche anticipates material financial impact beginning in Q4 2025. This partnership evolution demonstrates how auto insurance platforms must adapt to the changing vehicle landscape, with data integration and specialized risk models becoming increasingly critical competitive advantages in the NEV insurance space.

BEIJING, Sept. 8, 2025 /PRNewswire/ -- (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced a new phase in its partnership with NIO Inc. (NYSE: NIO) ("NIO"), aimed at delivering refined insurance services across NIO's multi-brand portfolio. The collaboration will focus on optimizing the insurance experience for new energy vehicles, including policy issuance, intelligent risk control, and claims management.

According to NIO's latest delivery data, it delivered 31,305 vehicles in August 2025, representing a 55.2% year-over-year increase and setting a new monthly record. Year-to-date deliveries have reached 166,472 units, with cumulative deliveries surpassing 830,000 vehicles. NIO's multi-brand strategy is gaining scale and momentum.

NIO's founder also revealed production targets for the coming months: the ONVO L90 is expected to reach a monthly capacity of 15,000 units in October 2025, while the newly launched ES8 will ramp up to 15,000 units by December 2025. NIO has set a fourth-quarter monthly delivery goal of 50,000 vehicles.

"As NIO's delivery volume continues to scale, we see a clear opportunity to support the growing demand for insurance solutions tailored to new energy vehicles. This momentum is expected to translate into meaningful growth for Cheche, with deeper synergies between our teams becoming increasingly evident in the fourth quarter," said Lei Zhang, Founder, CEO, and Chairman of Cheche Group.

Safe Harbor Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding existing and new partnerships and customer relationships, projections, estimation, and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company's ability to scale and grow its business, the Company's advantages and expected growth, and its ability to source and retain talent, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company's management and are not predictions of actual performance. These statements involve risks, uncertainties, and other factors that may cause the Company's actual results, levels of activity, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

About Cheche Group Inc.

Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto insurance technology platform with a nationwide network of around 101 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in auto insurance transaction services, Cheche has evolved into a comprehensive, data-driven technology platform that offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions in China. Learn more at .

Cheche Group Inc.:

[email protected]

Crocker Coulson
[email protected]
(646) 652-7185

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SOURCE Cheche Group Inc.

FAQ

What is the new partnership between Cheche Group (CCG) and NIO?

Cheche Group and NIO are deepening their partnership to provide enhanced insurance services for NIO's multi-brand portfolio, focusing on policy issuance, intelligent risk control, and claims management for new energy vehicles.

How many vehicles did NIO deliver in August 2025?

NIO delivered 31,305 vehicles in August 2025, representing a 55.2% year-over-year increase and setting a new monthly record.

What are NIO's production targets for late 2025?

NIO targets 15,000 monthly units for the ONVO L90 by October 2025 and 15,000 monthly units for the ES8 by December 2025, with an overall Q4 monthly delivery goal of 50,000 vehicles.

What is NIO's total delivery count as of 2025?

NIO's year-to-date deliveries reached 166,472 units, with cumulative deliveries surpassing 830,000 vehicles.

How will this partnership benefit Cheche Group (CCG)?

According to Cheche's CEO, the partnership is expected to generate meaningful growth for Cheche, with deeper synergies becoming increasingly evident in Q4 as NIO's delivery volume continues to scale.
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