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-0.0161290322580645 -0.0268817204301075 -0.0268817204301075 -0.0268817204301075 0 0.021505376344086 0.021505376344086 0.0537634408602151
Stock impact report

SunCar’s Investment in its AI Technology Development Center Driving Strong Premium Sales for its EV Partners

SunCar Technology Group Inc. - Ordinary Shares (SDA) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 06, 2025 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leader in digitalizing auto insurance and auto services, is generating strong returns from its investment in its Anji AI Technology Services Center as it deepens strategic cooperation with XPeng, Tesla, Xiaomi, and other EV partners. To support its customers’ rapid growth and focus on customer lifetime value, SunCar has actively extended its services to cover the entire lifecycle of vehicle ownership. Leveraging dedicated cloud services custom-built for our EV partners, SunCar delivers seamless integration of user data and auto insurance service systems. Our intelligent cloud enables us to rapidly expand services from new car insurance to insurance renewals and service packages. Through the first nine months of 2025, premiums generated for XPeng by leveraging SunCar’s AI intelligent cloud reached $160 million, a substantial increase of more than 200% compared to $5 Show less Read more
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