SunCar Technology (SDA) Announces Service Agreement with Nio Auto (NIO)

Go back to SunCar Technology (SDA) Announces Service Agreement with Nio Auto (NIO)

SunCar Technology Group Inc. Announces Service Agreement with Nio Auto

August 30, 2023 9:28 AM EDT

NEW YORK, Aug. 30, 2023 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (SunCar or the Company) (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China, today announced that it has renewed its one-year insurance intermediation service agreement with Nio Inc., a multinational automobile manufacturer headquartered in Shanghai, China with over $7 billion annual revenue specializing in designing and developing electric vehicles.

Mr. YE Zaichang, Chairman & CEO of SunCar, commented: SunCar leverage the experience of NEV customers and partners like Nio, who are NEV... More