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SunCar and NIO Enter a New Stage of Cooperation with the Success of NIO's ES8 and ONVO L90 Models, Delivering Fully Intelligent Car Insurance to Drivers

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SunCar Technology Group (NASDAQ: SDA), a leading Chinese B2B auto eInsurance provider, has announced an enhanced strategic partnership with NIO (NYSE: NIO), building upon their existing collaboration since 2020.

The partnership expansion follows the successful launch of NIO's ES8 and ONVO L90 models, featuring advanced intelligent driving and ultra-fast charging capabilities. SunCar upgraded its Anji Cloud Service Center in late 2023 to offer more detailed and customized auto insurance services to NIO vehicle owners, leveraging AI and big data analytics to deliver innovative insurance solutions in the Chinese market.

SunCar Technology Group (NASDAQ: SDA), principale fornitore cinese B2B di eInsurance per il settore automobilistico, ha annunciato il rafforzamento della partnership strategica con NIO (NYSE: NIO), consolidando la collaborazione avviata nel 2020.

L’espansione dell’accordo segue il successo del lancio dei modelli ES8 e ONVO L90 di NIO, dotati di avanzati sistemi di guida intelligente e ricarica ultraveloce. Alla fine del 2023 SunCar ha aggiornato il suo Anji Cloud Service Center per fornire servizi assicurativi auto più dettagliati e personalizzati ai proprietari di veicoli NIO, sfruttando AI e analisi dei big data per offrire soluzioni assicurative innovative sul mercato cinese.

SunCar Technology Group (NASDAQ: SDA), un destacado proveedor chino B2B de eInsurance para automóviles, ha anunciado el fortalecimiento de su alianza estratégica con NIO (NYSE: NIO), ampliando la colaboración iniciada en 2020.

La expansión de la asociación se produce tras el exitoso lanzamiento de los modelos ES8 y ONVO L90 de NIO, que incorporan conducción inteligente avanzada y carga ultrarrápida. A finales de 2023, SunCar mejoró su Anji Cloud Service Center para ofrecer servicios de seguro de coche más detallados y personalizados a los propietarios de vehículos NIO, aprovechando la IA y el análisis de big data para introducir soluciones aseguradoras innovadoras en el mercado chino.

SunCar Technology Group (NASDAQ: SDA)ì€ ì„ ë„ì ì¸ 중국 B2B ìžë™ì°� ì „ìžë³´í—˜(eInsurance) 제공업체로서 NIO (NYSE: NIO)와ì� ì „ëžµì � 파트너십ì� 강화했다ê³� 발표했습니다. 양사ëŠ� 2020ë…„ë¶€í„� 협력í•� 왔습니다.

ì´ë²ˆ 파트너십 확대ëŠ� NIOê°€ 출시í•� ES8 ë°� ONVO L90 모ë¸ì� 성공ì� 바탕으로 ì´ë£¨ì–´ì¡Œìœ¼ë©°, ë‘� 모ë¸ì€ 고급 지능형 주행 기능ê³� 초고ì†� ì¶©ì „ 기능ì� ê°–ì¶”ê³� 있습니다. SunCarëŠ� 2023ë…� ë§� Anji Cloud Service Centerë¥� 업그레ì´ë“œí•˜ì—� NIO 차량 소유ìžì—ê²� 보다 세부ì ì´ê³� ë§žì¶¤í™”ëœ ìžë™ì°� ë³´í—˜ 서비스를 제공하며, ì¸ê³µì§€ëŠ¥ê³¼ ë¹…ë°ì´í„° ë¶„ì„ì� 활용í•� 중국 시장ì—서 í˜ì‹ ì ì¸ ë³´í—˜ ì†”ë£¨ì…˜ì„ ì œê³µí•˜ê³ ìž� 합니ë‹�.

SunCar Technology Group (NASDAQ: SDA), principal fournisseur chinois B2B d’eInsurance pour l’automobile, a annoncé le renforcement de son partenariat stratégique avec NIO (NYSE: NIO), s’appuyant sur une collaboration existante depuis 2020.

Cette extension intervient après le lancement réussi des modèles ES8 et ONVO L90 de NIO, dotés de capacités avancées de conduite intelligente et de recharge ultra-rapide. Fin 2023, SunCar a amélioré son Anji Cloud Service Center afin de proposer aux propriétaires de véhicules NIO des services d’assurance automobile plus détaillés et personnalisés, en exploitant l’IA et l’analyse des big data pour délivrer des solutions d’assurance innovantes sur le marché chinois.

SunCar Technology Group (NASDAQ: SDA), ein führender chinesischer B2B-Anbieter von Auto-eInsurance, hat eine verstärkte strategische Partnerschaft mit NIO (NYSE: NIO) bekannt gegeben und baut damit auf der seit 2020 bestehenden Zusammenarbeit auf.

Die Erweiterung der Partnerschaft folgt dem erfolgreichen Start der NIO-Modelle ES8 und ONVO L90, die über fortschrittliche intelligente Fahrfunktionen und ultraschnelles Laden verfügen. Ende 2023 hat SunCar sein Anji Cloud Service Center aufgerüstet, um NIO-Fahrzeughaltern detailliertere und individuellere Kfz-Versicherungsleistungen anzubieten und dabei KI sowie Big-Data-Analysen zu nutzen, um innovative Versicherungslösungen auf dem chinesischen Markt bereitzustellen.

Positive
  • Strategic partnership expansion with major EV manufacturer NIO
  • Enhanced service capabilities through upgraded Anji Cloud Service Center
  • Leveraging AI and big data analytics for customized insurance solutions
Negative
  • None.

NEW YORK, Aug. 27, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, today announced that it has entered a new phase of strategic cooperation with intelligent electric vehicle manufacturer, NIO, Inc. (NYSE: NIO).

SunCar has had a comprehensive partnership with NIO since 2020. At the end of 2023, SunCar upgraded its Anji Cloud Service Center with new service capabilities to provide NIO car owners with more detailed and customized auto insurance services.

With the launch and strong sales of the ES8 and ONVO L90 models featuring advanced intelligent driving, ultra-fast charging, and luxury tech features, SunCar will continue to provide NIO car owners with the most innovative auto insurance solutions available in China. SunCar and NIO's partnership enters into further and deeper cooperation.

As China's leading cloud-based auto insurance service provider, SunCar utilizes its Artificial Intelligence (AI) and big data analytics to customize smart auto insurance solutions for NIO.

About SunCar Technology Group Inc.
Founded in 2007, SunCar is transforming the customer journey for auto insuranceÌýand servicesÌýinÌýChina, the world's largest passenger vehicle market. SunCar develops and operates cloud-based platforms that seamlessly connect drivers with a wide range of auto services and insurance coverage options through a nationwide network of sales partners. As a result, SunCar has established itself as the leader inÌýChinaÌýin the auto eInsurance market for electric vehicles and the B2B auto services market. The Company's intelligent cloud platform empowers its enterprise customers to access, manage, and optimize their auto eInsurance and auto service offerings. Through SunCar, drivers gain access to a wide variety of high-quality services from tens of thousands of independent providers, all from a single application. For more information, please visit:Ìý.Ìý

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SOURCE SunCar Technology Group Inc.

FAQ

What is the new partnership between SunCar (NASDAQ: SDA) and NIO?

SunCar has entered a new phase of strategic cooperation with NIO to provide enhanced auto insurance services for NIO vehicle owners, particularly for the ES8 and ONVO L90 models, leveraging AI and big data analytics.

When did SunCar (SDA) first partner with NIO?

SunCar has maintained a comprehensive partnership with NIO since 2020.

What services does SunCar (NASDAQ: SDA) provide to NIO customers?

SunCar provides customized auto insurance services through its Anji Cloud Service Center, offering detailed and innovative insurance solutions specifically designed for NIO vehicle owners.

How did SunCar improve its services for NIO customers in 2023?

At the end of 2023, SunCar upgraded its Anji Cloud Service Center with new service capabilities to provide more detailed and customized auto insurance services to NIO car owners.
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