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0 0 0.0453108535300316 0.0453108535300316 0.0453108535300316 -0.00948366701791358 -0.00421496311907262 0.0210748155953637
Stock impact report

SunCar Technology and Wuhan JIDU Join Forces to Revolutionize Auto Insurance with Nationwide Intelligent Platform

SunCar Technology Group Inc. - Ordinary Shares (SDA) 
Company Research Source: PR Newswire
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 key player in the intelligent vehicle industry, is the groundbreaking joint venture between Baidu and Geely. JIDU Auto is at the forefront of developing intelligent electric vehicles (EVs), focusing on AI-driven autonomous technology. With this collaboration, Wuhan JIDU will leverage SunCar's cloud-based intelligent insurance platform (the "Platform") to deliver efficient, fully digital insurance services, cementing its position in the evolving smart mobility landscape.The nationwid Show less Read more
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