SunCar Technology Group (SDA) said Wednesday it has deepened its collaboration with intelligent electric vehicle manufacturer NIO (NIO) after the launch of the ES8 and ONVO L90 models.
At the end of 2023, SunCar said it upgraded its Anji Cloud Service Center with new service capabilities to provide NIO car owners with more detailed and customized auto insurance services.
SunCar said it aims to continue providing NIO car owners with "the most innovative auto insurance solutions available in China."
SunCar shares were up over 10% and NIO shares were down over 2% in premarket activity Wednesday.
Price: 2.60, Change: +0.25, Percent Change: +10.64
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