NEW YORK, Nov. 11, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, has entered into a strategic partnership with Wuhan JIDU Automobile Service Co. LTD. ("Wuhan JIDU"), to provide its cutting-edge insurance technology platform to auto buyers and customers across China. This partnership represents a major step in enhancing the digital insurance experience for Wuhan JIDU's expanding customer base.Wuhan JIDU, a ...

Core Insights - SunCar Technology Group Inc. has announced new and renewed contracts totaling over 30 million RMB (approximately USD 4.2 million) with various branches of Ping An Property & Casualty Insurance Co., Ltd. [1][2] Group 1: Partnerships and Contracts - The recent agreements include new partnerships with the Shanghai and Guangdong branches of Ping An, while the Hebei and Shanxi branches have renewed their long-standing collaborations [2] - Foshan Ping An is re-engaging with SunCar after a hiatus, indicating a revival of previous partnerships [2] Group 2: Service Offerings - The new contracts expand beyond traditional car wash and maintenance services to include premium offerings such as clay bar waxing, polishing, wheel alignment, ozone disinfection, and air conditioning sterilization [2] - These value-added services aim to enhance customer experience and broaden the service offerings available through SunCar's collaboration with Ping An [2] Group 3: Market Position and Growth - As of October 2024, SunCar's automotive service collaborations now cover all of Ping An P&C's top 10 provincial branches by premium scale, solidifying its leading position in the auto services market [3] - The partnership builds on previous successes, including a notable collaboration in June 2024 focused on premium airport pickup services for high-value clients [3] - The company aims to enhance service quality and expand the number of partnered car wash locations, supporting Ping An in promoting their insurance products [4] Group 4: Company Overview - Founded in 2007, SunCar is a leader in cloud-based B2B auto services and auto e-insurance in China, the largest passenger vehicle market globally [5] - The company operates a cloud platform that connects drivers with a wide range of auto services and insurance options through a nationwide network of sales partners [5]

Iridium Communications Inc. (IRDM) and General Dynamics Mission Systems ("GDMS") have jointly received a $491.6 million contract modification from the Space Development Agency ("SDA") for its Ground Management and Integration (GMI) program, which supports the Proliferated Warfighter Space Architecture (PWSA). Iridium's share of this total is valued at $239 million over five years. This recent award builds on the initial Operations and Integration Contract awarded in 2022, which focused on creating ground en ...

SunCar Technology Group Inc. (NASDAQ:SDA) Q2 2024 Earnings Conference Call September 16, 2024 8:00 AM ET Company Participants Jennifer Jiang - Director of IR Zaichang Ye - Chairman and CEO Breaux Walker - U.S. Consultant Operator Thank you for standing by and welcome to the SunCar Technology Group's First Half 2024 Earnings Call. Please note that today's call is being recorded. I will now turn the meeting over to Jennifer Jiang, Director of Investor Relations for SunCar Technology Group. Jennifer Jiang Than ...

| --- | --- | --- | |-------------------------------------------------------------------|--------------------------------------------------------------------------------------------|------------------------------------------------------------------------| | | | | | | SECURITIES AND | EXCHANGE COMMISSION | | | WASHINGTON, | D.C. 20549 | | | FORM | 6-K | | | REPORT OF FOREIGN PURSUANT TO RULE 13a-16 SECURITIES EXCHANGE | PRIVATE ISSUER OR 15d-16 UNDER THE ACT OF 1934 | | | For the month of | September 2024 | ...

NEW YORK, Sept. 9, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, will announce its financial results for the first half of fiscal year 2024 on Monday, September 16th before the market opens. SunCar will host a conference call on Monday, September 16th at 8:00 AM ET (5:00 AM PT) with the investment community to discuss the Company's financial results and provide a business updat ...

NEW YORK, Aug. 20, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce that the Company will be presenting at the upcoming Emerging Growth Conference on August 22, 2024 at 9:05am ET.SunCar's management team will present key developments and initiatives that have shaped the Company's growth trajectory in recent months, focusing on SunCar's innovative cloud-based platform, which is driving ...

NEW YORK , Aug. 1, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar"; NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce the formation of a new business partnership with the Inner Mongolia branch of China Continent Property & Casualty Insurance Co., Ltd ("China Continent Insurance"). China Continent Insurance is the only subsidiary of China Reinsurance (Group) Corporation (SEHK: 1508) that specializes in non-life primary insura ...

NEW YORK, July 23, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce a strategic partnership (the "Partnership") with Lotus Technology ("Lotus,"NASDAQ: LOT) to enhance automotive industry services. This collaboration will leverage SunCar's auto e-insurance technology platform and its extensive automotive service network to support and optimize Lotus's market ex ...

 NEW YORK, July 18, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce that it has been selected as the provider of concierge car services for China Merchants Bank ("CMB", SSE: 600036, SEHK: 3968) Private Banking in China. This landmark two-year service framework agreement represents a significant milestone in the collaboration between SunCar and CMB.SunCar hold ...