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Cheche Group and CAR Inc. Sign Strategic Partnership Agreement to Integrate Mobility, Insurance and Automotive Aftermarket Services

  • Cheche Group Inc. (NASDAQ: CCG) signed a strategic cooperation agreement in Beijing with CAR Inc. ("神州租车").
  • The partnership combines Cheche's insurance technology with CAR Inc.'s mobility services to offer integrated solutions across the vehicle usage lifecycle.
  • The collaboration focuses on three key areas: mobility services, product innovation, and channel network collaboration.
  • Mobility services will explore connections between rental benefits, replacement vehicles, auto finance, new sales, and after-sales support.
  • Product innovation involves jointly developing mobility products that merge insurance coverage with mobility services.
  • Channel collaboration leverages CAR Inc.'s 220,000-vehicle fleet and 360-city network alongside Cheche's insurance industry channels.
  • Cheche operates an intelligent connected vehicle insurance platform with relationships with nearly 20 automakers and over 100 insurance companies.
  • CAR Inc. has 19 years of experience, 6,500 company-operated locations, and operations in more than 360 cities.
  • Cheche CEO Lei Zhang stated the alliance integrates insurance, mobility, and aftermarket services into actual vehicle usage.
  • CAR Inc. CEO Dewu Gao noted the agreement expands the "Car Life" ecosystem by combining Cheche's technology with CAR's fleet scale.
  • The press release includes forward-looking statements regarding future partnerships, revenue projections, and business growth subject to risks and uncertainties.
Company
Cheche Group Inc.
Keywords
Cheche Group Inc.