SunCar and Xiaomi Accelerate Auto Insurance Innovation

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SunCar Technology Group Inc. (NASDAQ: SDA), a leader in cloud-based auto insurance and services in China, has shared an update on its growing partnership with Xiaomi. Since the launch of Xiaomi Auto’s first electric SUV, the YU7, in April 2024, both companies have worked together to build a smart, digital auto insurance system.

SunCar has used AI and big data to create a custom insurance solution for Xiaomi Auto. As the partnership grows, SunCar expects its business with Xiaomi to double in 2025.

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