AGÕæÈ˹ٷ½

STOCK TITAN

SunCar and Leapmotor Enter a New Stage of Cooperation as Leapmotor's August Vehicle Deliveries Reach a Record High

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

SunCar Technology Group (NYSE:SDA) announced enhanced cooperation with Leapmotor (9863.HK), following Leapmotor's record-breaking August vehicle deliveries of 57,066 units, representing an 88% year-over-year growth.

SunCar, which has operated Leapmotor's insurance platform since February 2025, provides AI-powered auto insurance solutions to Leapmotor's customers. The company is focusing on optimizing insurance purchasing processes, enabling rapid claim settlements, and improving customer experience to support Leapmotor's growth and global expansion plans.

SunCar Technology Group (NYSE:SDA) ha annunciato un rafforzamento della collaborazione con Leapmotor (9863.HK), a seguito del record di consegne di veicoli di Leapmotor nel mese di agosto, pari a 57.066 unità, che segnano una crescita del 88% su base annua.

SunCar, che gestisce la piattaforma assicurativa di Leapmotor dal febbraio 2025, fornisce soluzioni assicurative auto potenziate dall'IA ai clienti Leapmotor. L'azienda si concentra sull'ottimizzazione dei processi di acquisto delle polizze, sulla rapidità nelle liquidazioni dei sinistri e sul miglioramento dell'esperienza cliente per supportare la crescita e i piani di espansione globale di Leapmotor.

SunCar Technology Group (NYSE:SDA) anunció una mayor cooperación con Leapmotor (9863.HK), tras las entregas récord de vehículos de Leapmotor en agosto, que alcanzaron las 57.066 unidades, representando un 88% de crecimiento interanual.

SunCar, que opera la plataforma de seguros de Leapmotor desde febrero de 2025, ofrece soluciones de seguros de automóvil impulsadas por IA a los clientes de Leapmotor. La compañía se centra en optimizar los procesos de compra de pólizas, permitir liquidaciones rápidas de siniestros y mejorar la experiencia del cliente para apoyar el crecimiento y los planes de expansión global de Leapmotor.

SunCar Technology Group (NYSE:SDA)ëŠ� Leapmotor(9863.HK)와ì� 협력ì� 강화했다ê³� 발표했습니다. LeapmotorëŠ� 8ì›� 차량 ì¸ë„ 실ì ì—서 57,066댶Äë¼ëŠ” 신기ë¡ì„ 세웠으며, ì´ëŠ” ì „ë…„ 대ë¹� 88% ì¦ê°€í•� 수치입니ë‹�.

SunCarëŠ� 2025ë…� 2월부í„� Leapmotorì� ë³´í—˜ 플랫í¼ì„ ìš´ì˜í•� 왔으ë©�, Leapmotor ê³ ê°ì—게 ì¸ê³µì§€ëŠ� 기반 ìžë™ì°� ë³´í—˜ ì†”ë£¨ì…˜ì„ ì œê³µí•©ë‹ˆë‹�. 회사ëŠ� ë³´í—˜ 구매 프로세스 최ì í™�, ì‹ ì†í•� 사고 처리 ì§€ì›�, ê³ ê° ê²½í—˜ 개선ì—� 주력하여 Leapmotorì� 성장ê³� 글로벌 확장 계íšì� ë’·ë°›ì¹¨í•˜ê³ ìž í•©ë‹ˆë‹�.

SunCar Technology Group (NYSE:SDA) a annoncé un renforcement de sa coopération avec Leapmotor (9863.HK), après les livraisons record de véhicules par Leapmotor en août, soit 57 066 unités, représentant une croissance de 88% d'une année sur l'autre.

SunCar, qui exploite la plateforme d'assurance de Leapmotor depuis février 2025, fournit aux clients de Leapmotor des solutions d'assurance auto alimentées par l'IA. La société se concentre sur l'optimisation des processus d'achat d'assurance, la rapidité des règlements de sinistres et l'amélioration de l'expérience client afin de soutenir la croissance et les projets d'expansion mondiale de Leapmotor.

SunCar Technology Group (NYSE:SDA) gab eine vertiefte Zusammenarbeit mit Leapmotor (9863.HK) bekannt, nachdem Leapmotor im August mit 57.066 Einheiten einen Rekord bei den Fahrzeugauslieferungen erzielt hatte, was einem Wachstum von 88% gegenüber dem Vorjahr entspricht.

SunCar, das die Versicherungsplattform von Leapmotor seit Februar 2025 betreibt, bietet Leapmotor-Kunden KI-gestützte Kfz-Versicherungslösungen. Das Unternehmen konzentriert sich darauf, Versicherungsabschlussprozesse zu optimieren, schnelle Schadensregulierungen zu ermöglichen und das Kundenerlebnis zu verbessern, um Leapmotors Wachstum und globale Expansionspläne zu unterstützen.

Positive
  • Record-breaking vehicle deliveries by partner Leapmotor with 57,066 units in August 2025
  • Strong 88% year-over-year growth in Leapmotor's sales indicates increasing demand for SunCar's insurance services
  • Strategic partnership expansion with a rapidly growing EV manufacturer
  • Platform improvements and resource allocation to support partner's global expansion
Negative
  • Heavy dependence on Leapmotor's performance and growth
  • Potential resource strain from rapid scaling to match partner's growth

Insights

SunCar's deepening partnership with fast-growing Leapmotor presents significant revenue expansion opportunity through increasing insurance transaction volume.

This partnership development carries meaningful business implications for SunCar. Leapmotor's record 57,066 vehicle deliveries in August, representing a substantial 88% year-over-year growth, directly expands the addressable market for SunCar's insurance platform. Since taking operational control of Leapmotor's insurance platform in February 2025, SunCar has positioned itself to capture revenue from the increasing transaction volume.

The strategic value of this relationship lies in SunCar's ability to leverage Leapmotor's accelerating sales momentum to drive its own financial growth. Each new Leapmotor vehicle sold represents a potential customer for SunCar's insurance services. While specific revenue figures aren't disclosed, the partnership model likely generates income through transaction fees, commission structures, or platform licensing � all of which would scale with Leapmotor's sales volume.

What's particularly notable is SunCar's strategic positioning within Leapmotor's ecosystem. By providing the technology infrastructure that powers insurance solutions for Leapmotor customers, SunCar has embedded itself in the value chain. The mention of Leapmotor's global expansion plans suggests further growth potential as SunCar could extend its services internationally alongside its partner.

From a competitive standpoint, this type of integration between automotive sales and financial services technology represents the evolution of the automotive ecosystem toward more integrated, digitalized consumer experiences. SunCar's platform appears to be delivering the personalization and efficiency that modern consumers increasingly demand.

The operational integration between SunCar and Leapmotor highlights the evolution of embedded insurance in the automotive sector. SunCar's platform isn't merely an add-on service � it's becoming an integral part of the customer journey for Leapmotor vehicle owners. The company has successfully implemented three critical capabilities that define next-generation insurance platforms: digitalized policy purchases, expedited claim settlements, and closed-loop customer service.

What's technically impressive is SunCar's rapid resource allocation across departments to support Leapmotor's growth surge. This suggests the platform architecture has been designed with scalability as a core attribute � essential for handling the increasing transaction volume from Leapmotor's 88% year-over-year sales growth. The ability to scale technical infrastructure in parallel with partner growth is a key differentiator in the competitive InsurTech landscape.

The AI component of SunCar's platform likely provides the personalization engine that enables customized insurance offerings for each Leapmotor customer. This represents a shift from traditional one-size-fits-all auto insurance toward dynamic, data-driven solutions that can better match individual risk profiles and preferences. For Leapmotor, this enhances the overall customer experience and potentially increases satisfaction and loyalty, while for SunCar, it creates opportunities for higher conversion rates and improved customer lifetime value.

NEW YORK, Sept. 4, 2025 /PRNewswire/ --SunCar Technology Group Inc. (the "Company" or "SunCar") announced it has entered a new phase of cooperation with Leapmotor (9863.HK). Leapmotor recently released its monthly sales data for August. Sales reached 57,066 vehicles, representing year-on-year growth of over 88% and the highest monthly sales total in Leapmotor history.

SunCar's AI-powered auto insurance platform provides customized insurance solutions to Leapmotor's customers. As Leapmotor's sales have accelerated, demand from customers for differentiated insurance services has increased. Since taking over the operation of the insurance platform in February 2025, SunCar has supported this strong growth and increased customer demand for customized insurance offerings. Whether optimizing the car owners' insurance purchasing process or enabling the rapid response of claim settlements, SunCar is continuously improving the customer experience to match Leapmotor's "user-centric" design objectives.

Zaichang Ye, Chairman and CEO of SunCar stated, "I am deeply honored to have our strong partnership with Leapmotor and be given the responsibility for developing and operating its insurance platform. Since the inception of our cooperation, we have remained focused on Leapmotor's business needs. From platform architecture feature optimization to daily operational support, we have adjusted our service strategy to support Leapmotor's dynamic growth. With the recent increase in Leapmotor's sales, we have quickly allocated resources from multiple departments to support their growth."

Mr. Ye continued, "Through digitalizing policy purchases, expediting claim settlements, and closing the customer service loop, Suncar has ensured that the insurance platform can efficiently match Leapmotor's growth and scale, allowing every customer to enjoy personalized and reliable insurance services. Leapmotor is accelerating its global expansion. SunCar will continue its mission to support Leapmotor by providing our partner with industry-leading insurance features and customization capabilities.

About SunCar Technology Group Inc.
Founded in 2007, SunCar is transforming the customer journey for auto insurance and services in China, 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 in China in 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

Cision View original content:

SOURCE SunCar Technology Group Inc.

FAQ

What is the partnership between SunCar (NYSE:SDA) and Leapmotor?

SunCar operates Leapmotor's insurance platform since February 2025, providing AI-powered auto insurance solutions and customized insurance services to Leapmotor's customers.

How many vehicles did Leapmotor deliver in August 2025?

Leapmotor delivered 57,066 vehicles in August 2025, achieving their highest monthly sales total ever with an 88% year-over-year growth.

What services does SunCar (NYSE:SDA) provide through its insurance platform?

SunCar provides digitalized policy purchases, expedited claim settlements, and personalized insurance services through its AI-powered auto insurance platform.

When did SunCar (NYSE:SDA) begin operating Leapmotor's insurance platform?

SunCar took over the operation of Leapmotor's insurance platform in February 2025.

What are SunCar's (NYSE:SDA) plans for supporting Leapmotor's expansion?

SunCar plans to continue supporting Leapmotor's global expansion by providing industry-leading insurance features and customization capabilities while allocating additional resources to match their growth.
SunCar Technology Group Inc.

NASDAQ:SDA

SDA Rankings

SDA Latest News

SDA Stock Data

269.95M
33.55M
40.07%
2.33%
0.18%
Auto & Truck Dealerships
Consumer Cyclical
China
Shanghai