Latest news with #SunCarTechnologyGroupInc
Yahoo
06-06-2025
- Automotive
- Yahoo
SUNCAR TO PARTICIPATE IN UPCOMING INVESTOR CONFERENCES
NEW YORK, June 6, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, today announced that members of the Company will be participating at the following upcoming investor conferences: Oppenheimer 25th Annual Consumer Growth and E-Commerce ConferenceDate: Tuesday, June 10th, 2025, 9:00am ETLocation: Virtual Sidoti Small Cap Virtual ConferenceDate: Wednesday, June 12th, 2025, 8:30am ETLocation: Virtual WeBull EV Stock WebinarDate: Tuesday, June 24th, 2:00pm ETLocation: Virtual Interested investors should contact their sales representative to register and schedule one-on-one or group meetings. For presentation times, live webcast links, and materials, please visit the Events & Presentation section of the Company's investor relations website at About SunCar Technology Group Inc. Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. 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: Contact Information:SunCar:Investor Relations: Ms. Hui JiangEmail: IR@ Investor RelationsTom CookManaging DirectorICREmail: View original content: SOURCE SunCar Technology Group Inc. Sign in to access your portfolio
Business Wire
22-04-2025
- Automotive
- Business Wire
SunCar Technology Group Inc. Schedules Full-Year 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, will release its financial results for the full year 2024 on Monday, April 28 after the market closes. SunCar will host a conference call the following day on Tuesday, April 29 th at 8:00 AM ET (5:00 AM PT) with the investment community to discuss the Company's financial results and provide a business update. Investors may submit written questions by Monday, April 28 via e-mail to: IR@ To access the call by phone, please dial 1-877-407-0752 (international callers please dial 1-201-389-0912) approximately 10 minutes prior to the start of the call. An audio webcast of the conference call will be available online at A webcast replay will also be available for a limited time at the following link: The conference call will be open to all interested parties. In accordance with Regulation FD (Fair Disclosure), all investors will have equal access to the information shared during this call. During the conference call, management may discuss certain non-GAAP financial measures. In accordance with Regulation G, reconciliations of any non-GAAP financial measures to their most directly comparable GAAP measures will be available in the earnings release or accompanying materials that will be posted on the Company's investor relations website prior to the conference call. About SunCar Technology Group Inc. Founded in 2007, SunCar is transforming the customer journey for auto eInsurance and auto services in China, the largest passenger vehicle market in the world. SunCar develops and operates cloud-based platforms that seamlessly connect drivers with a wide range of eInsurance coverage options and auto services through a nationwide network of sales partners. As a result, SunCar has established itself as the leader in China in the B2B auto eInsurance and auto services market for electric vehicles. The Company's intelligent cloud platform empowers its enterprise customers to access, manage, and optimize their auto services offerings as their end customers gain access to hundreds of services from tens of thousands of independent providers from a single application. For more information, please visit: Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. For a detailed discussion of these risks, please refer to the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise these statements, except as required by law.
Yahoo
31-03-2025
- Automotive
- Yahoo
SunCar Technology Wins Bid to Provide Smart Car Wash Services for Agricultural Bank of China Sichuan Branch
NEW YORK, March 31, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has been awarded a contract to provide car wash and smart car wash concierge services for personal clients of the Sichuan Branch of Agricultural Bank of China (ABC). This milestone strengthens SunCar's strategic partnership with ABC and demonstrates their continued collaboration to enhance customer service through innovative, technology-driven solutions. Building on the success of their previous cooperation, with ABC's Heilongjiang branch, this new initiative will deliver premium car wash services to eligible individual credit card holders while introducing an innovative smart car wash pick-up and delivery service for key corporate clients. The program integrates financial and lifestyle services to create a seamless experience prioritizing convenience and customer satisfaction. SunCar's proprietary technology platform will enable precise management and real-time monitoring of all services, ensuring consistent quality and operational efficiency throughout the program's implementation. This contract award further validates SunCar's innovation capabilities and strong execution track record in the auto services sector. "We are honored to expand our strategic partnership with Agricultural Bank of China through this new initiative with their Sichuan Branch," said Ye Zaichang, Chairman and CEO of SunCar Technology. "By integrating our advanced smart car wash solutions with ABC's customer-centric banking services, we are creating a seamless service ecosystem that significantly enhances convenience for their clients. This collaboration exemplifies our commitment to developing innovative solutions that bridge financial services and everyday needs, and we look forward to continuing our long-term partnership with ABC to deliver enhanced, personalized services that improve customer satisfaction and strengthen their competitive position in the market." About SunCar Technology Group Inc. Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. 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 B2B auto services market and the auto eInsurance market for electric vehicles. The Company's intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission. Contact Information: SunCar:Investor Relations: Ms. Hui JiangEmail: IR@ Ms. Li ChenEmail: chenli@ U.S. Investor RelationsMatthew Abenante, IRCPresidentStrategic Investor Relations, LLCTel: 347-947-2093Email: matthew@ View original content: SOURCE SunCar Technology Group Inc. Sign in to access your portfolio
Yahoo
18-03-2025
- Automotive
- Yahoo
SunCar Technology Expands Strategic Partnership with Ping An Bank
NEW YORK, March 18, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced a significant expansion of its strategic partnership with Ping An Bank. The enhanced partnership builds upon their existing relationship, which began in 2017. Under this renewed collaboration, SunCar will continue serving as the preferred aftermarket service provider for Ping An Bank's Credit Card Center and Automotive Consumer Finance Center throughout 2025. The partnership will focus on delivering comprehensive automotive aftermarket services, including car wash, designated driver services, and premium vehicle care solutions. This collaboration further strengthens the "Finance + Automotive Services" ecosystem that both companies have been developing. "This partnership with Ping An Bank represents a significant advancement in our strategy to integrate financial services with automotive care," said Ye Zaichang, Chairman and CEO of SunCar Technology. "We're enhancing the value proposition for Ping An Bank's customers while establishing new standards for integrated service delivery in the automotive sector." About SunCar Technology Group Inc. Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. 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 B2B auto services market and the auto eInsurance market for electric vehicles. The Company's intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission. Contact Information: SunCar:Investor Relations: Ms. Hui JiangEmail: IR@ Ms. Li ChenEmail: chenli@ U.S. Investor RelationsMatthew Abenante, IRCPresidentStrategic Investor Relations, LLCTel: 347-947-2093Email: matthew@ View original content: SOURCE SunCar Technology Group Inc.
Yahoo
03-03-2025
- Automotive
- Yahoo
SunCar Partners with Visa to Empower ICBC Cardholder Benefits in China's Affluent Consumer Market
NEW YORK, March 3, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced its selection as the exclusive provider for the Visa Concierge Car Service Project, establishing a pivotal partnership with global payments leader Visa. This strategic alliance positions SunCar to deliver premium airport and high-speed rail transfer services to Industrial and Commercial Bank of China's (ICBC) high-net-worth cardholders nationwide, opening significant new revenue channels in China's lucrative premium services market. This partnership represents a substantial expansion of SunCar's addressable market, providing direct access to ICBC's coveted Platinum and Black Gold cardholders—an elite customer segment with individual assets exceeding $1.1 million and credit card spending limits above $275,000. "Securing this partnership with Visa, following their rigorous vendor evaluation process, validates our technology platform's superiority and service excellence," said Ye Zaichang, CEO of SunCar. "This high-profile collaboration enhances our market position with minimal additional capital expenditure, accelerating our path to increased shareholder value." The exclusive partnership leverages SunCar's established nationwide service network and proprietary cloud-based technology platform, allowing for rapid scaling with limited incremental costs. The company's advanced AI-powered dispatch system ensures optimal resource allocation, maintaining premium service levels while maximizing operational efficiency across China's first-tier and emerging city markets. China's premium services market continues to expand alongside the country's growing high-net-worth population, presenting substantial growth opportunities for well-positioned service providers. About SunCar Technology Group Inc. Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. 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 B2B auto services market and the auto eInsurance market for electric vehicles. The Company's intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission. Contact Information: SunCar:Investor Relations: Ms. Hui JiangEmail: IR@ Ms. Li ChenEmail: chenli@ U.S. Investor RelationsMatthew Abenante, IRCPresidentStrategic Investor Relations, LLCTel: 347-947-2093Email: matthew@ View original content: SOURCE SunCar Technology Group Inc.
