NEW
YORK, Feb. 10, 2025 /PRNewswire/ -- SunCar
Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), an
innovative leader in cloud-based B2B auto services and auto
e-insurance in China, today
announced the full integration of
DeepSeek artificial intelligence technology into its proprietary
cloud-based service platform and car insurance SaaS solutions. This
strategic implementation marks a significant advancement in the
Company's AI-driven strategy and initiatives revolutionizing the
automotive service industry through enhanced intelligence and
efficiency.
The integration of DeepSeek's AI capabilities transforms
traditional automotive services by introducing powerful intelligent
analytics and personalized solutions. In the car insurance sector,
DeepSeek's algorithms help SunCar analyze SunCar's vast amounts of
vehicle and insurance data to provide precise risk profiling and
tailored insurance recommendations to SunCar's end customers,
significantly improving the efficiency and accuracy of insurance
package matching.
"This integration represents a transformative step in our
commitment to technological innovation and service excellence,"
stated Ye Zaichang, Chairman and CEO of SunCar. "By leveraging
DeepSeek's powerful general intelligence and reasoning
capabilities, we are not just improving our services – we are
reimagining the entire automotive service experience while
significantly reducing operational costs for us, our enterprise
clients, and our end customers."
The implementation of DeepSeek across SunCar's platforms
delivers several key advantages:
- Enhanced insurance recommendation precision through advanced
risk profiling and customer need analysis
- Improved scheduling efficiency of automotive services with
real-time monitoring and maintenance alerts
- Sophisticated user behavior analysis enabling highly
personalized service delivery
- Cost-effective AI implementation through its proprietary
cloud-based service platform
- Robust data security measures ensuring enterprise-grade
protection
"Looking ahead, we plan
to continue to expand our AI initiatives, with a particular focus
on the electric vehicle market, which is the fastest growing
segment for auto-sales in China.
We expect to facilitate car owners' transition from traditional to
electric vehicles, including generating AI-driven incremental
revenue through targeted promotions and customized insurance and
auto-service solutions. We expect this will further SunCar's
position as a valuable partner for electric vehicle manufacturers,
and strengthen its role in the industry's digital transformation,"
concluded Mr. Ye.
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: https://suncartech.com.
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 Jiang
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com
U.S. Investor Relations
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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SOURCE SunCar Technology Group Inc.
