Cheche Group Announces Partnership with Jetour Auto
Cheche Group (NASDAQ: CCG), China's leading auto insurance technology platform, has announced a strategic partnership with Jetour Auto, an automotive brand under Chery Holding Group. The collaboration involves implementing Cheche's online insurance solutions for auto insurance application and issuance services through a comprehensive digital insurance transaction platform.
Jetour Auto, launched in 2018 and operating independently since 2021, is part of Chery Holding Group, which ranks among China's top ten automobile manufacturers with over 2.5 million vehicles sold in 2024. The partnership represents Cheche's continued expansion in deepening relationships with automobile manufacturers across China.
Lei Zhang, Founder, CEO, and Chairman of Cheche, emphasized the partnership's significance in innovating the automotive insurance ecosystem and highlighted potential expansion opportunities with other Chery Holding Group brands.
Cheche Group (NASDAQ: CCG), la principale piattaforma tecnologica cinese per l'assicurazione auto, ha annunciato una partnership strategica con Jetour Auto, un marchio automobilistico del gruppo Chery Holding. La collaborazione prevede l'implementazione delle soluzioni assicurative online di Cheche per la richiesta e l'emissione di polizze auto tramite una piattaforma digitale completa per le transazioni assicurative.
Jetour Auto, lanciata nel 2018 e operante in modo indipendente dal 2021, fa parte di Chery Holding Group, uno dei primi dieci produttori automobilistici cinesi con oltre 2,5 milioni di veicoli venduti nel 2024. Questa partnership rappresenta l'espansione continua di Cheche nel rafforzare i rapporti con i produttori di automobili in tutta la Cina.
Lei Zhang, fondatore, CEO e presidente di Cheche, ha sottolineato l'importanza della collaborazione per innovare l'ecosistema assicurativo automobilistico, evidenziando inoltre le potenziali opportunità di espansione con altri marchi del gruppo Chery Holding.
Cheche Group (NASDAQ: CCG), la principal plataforma tecnológica de seguros de autos en China, ha anunciado una alianza estratégica con Jetour Auto, una marca automotriz del grupo Chery Holding. La colaboración consiste en implementar las soluciones de seguros en línea de Cheche para la solicitud y emisión de pólizas de autos a través de una plataforma digital integral de transacciones de seguros.
Jetour Auto, lanzada en 2018 y operando de manera independiente desde 2021, forma parte de Chery Holding Group, uno de los diez principales fabricantes de automóviles en China, con más de 2.5 millones de vehículos vendidos en 2024. Esta alianza representa la expansión continua de Cheche para fortalecer sus relaciones con los fabricantes de automóviles en toda China.
Lei Zhang, fundador, CEO y presidente de Cheche, destacó la importancia de esta colaboración para innovar el ecosistema de seguros automotrices y resaltó las oportunidades de expansión con otras marcas del grupo Chery Holding.
Cheche Group (NASDAQ: CCG)는 중국을 선도하는 자동차 보험 기술 플랫폼으로, Chery Holding Group 산하의 자동차 브랜드 Jetour Auto와 전략적 파트너십을 발표했습니다. 이번 협력은 Cheche의 온라인 자동차 보험 신청 및 발급 서비스를 종합 디지털 보험 거래 플랫폼을 통해 구현하는 것을 포함합니다.
2018년에 출시되어 2021년부터 독립 운영 중인 Jetour Auto는 2024년에 250만 대 이상의 차량을 판매한 중국 상위 10대 자동차 제조사 중 하나인 Chery Holding Group의 일부입니다. 이번 파트너십은 중국 전역의 자동차 제조사들과의 관계를 심화하며 Cheche의 지속적인 확장을 의미합니다.
Cheche의 창립자이자 CEO, 회장인 Lei Zhang은 이번 파트너십이 자동차 보험 생태계 혁신에 중요한 의미가 있으며, Chery Holding Group의 다른 브랜드와의 확장 가능성도 강조했습니다.
Cheche Group (NASDAQ : CCG), la principale plateforme technologique chinoise d’assurance automobile, a annoncé un partenariat stratégique avec Jetour Auto, une marque automobile du groupe Chery Holding. Cette collaboration consiste à mettre en œuvre les solutions d’assurance en ligne de Cheche pour la demande et l’émission de polices d’assurance auto via une plateforme numérique complète de transactions d’assurance.
Jetour Auto, lancée en 2018 et opérant de manière indépendante depuis 2021, fait partie du groupe Chery Holding, l’un des dix premiers constructeurs automobiles chinois avec plus de 2,5 millions de véhicules vendus en 2024. Ce partenariat illustre l’expansion continue de Cheche dans le renforcement de ses relations avec les constructeurs automobiles à travers la Chine.
Lei Zhang, fondateur, PDG et président de Cheche, a souligné l’importance de ce partenariat pour innover dans l’écosystème de l’assurance automobile et a mis en lumière les opportunités d’expansion avec d’autres marques du groupe Chery Holding.
Cheche Group (NASDAQ: CCG), Chinas führende Technologieplattform für Kfz-Versicherungen, hat eine strategische Partnerschaft mit Jetour Auto, einer Automarke der Chery Holding Group, bekannt gegeben. Die Zusammenarbeit umfasst die Implementierung von Cheches Online-Versicherungslösungen für Antrags- und Ausstellungsvorgänge im Kfz-Versicherungsbereich über eine umfassende digitale Versicherungsplattform.
Jetour Auto, 2018 gegründet und seit 2021 eigenständig tätig, ist Teil der Chery Holding Group, einem der zehn größten Automobilhersteller Chinas mit über 2,5 Millionen verkauften Fahrzeugen im Jahr 2024. Die Partnerschaft steht für Cheches kontinuierliche Expansion und die Vertiefung der Beziehungen zu Automobilherstellern in ganz China.
Lei Zhang, Gründer, CEO und Vorsitzender von Cheche, betonte die Bedeutung der Partnerschaft für die Innovation des Kfz-Versicherungsökosystems und hob die möglichen Expansionschancen mit weiteren Marken der Chery Holding Group hervor.
- Partnership with major automotive manufacturer (Chery Holding Group) that sold 2.5M vehicles in 2024
- Potential expansion opportunity to serve other brands within Chery Holding Group
- Strengthens market position in China's auto insurance technology sector
- Platform still in preparation for launch, indicating no immediate revenue impact
- Success dependent on future implementation and customer adoption
Insights
Cheche secures partnership with Jetour Auto, expanding insurance tech footprint with a notable Chinese automotive brand under Chery Holding Group.
Cheche Group's new partnership with Jetour Auto marks a strategic expansion of the company's insurance technology services within China's automotive sector. This collaboration with a brand from Chery Holding Group—one of China's top ten automobile manufacturers with over 2.5 million vehicles sold in 2024—provides Cheche with access to a significant customer pool for its digital insurance products.
The partnership centers on Cheche providing its online insurance technology platform to facilitate Jetour Auto's insurance application and issuance processes. While specific financial terms remain undisclosed, the relationship with a Fortune Global 500 company represents a valuable client acquisition for Cheche's B2B insurance technology business.
Particularly noteworthy is CEO Lei Zhang's statement indicating potential expansion to other automotive brands within the Chery umbrella. This suggests this agreement could be the first step in a broader relationship with the automotive group, potentially multiplying the partnership's value over time.
The digital insurance platform for Jetour is still "in preparation for launch," indicating that revenue impact will materialize in future quarters rather than immediately. This partnership aligns with Cheche's stated strategy of deepening relationships with automobile manufacturers across China, potentially strengthening its competitive position in the insurance technology space.
Partnership gives Cheche access to Jetour's customer base while modernizing insurance processes for a growing Chinese auto brand.
This partnership positions Cheche's insurance technology within the ecosystem of an emerging Chinese automotive brand with significant backing. Jetour Auto, launched in 2018 and operating independently since 2021, benefits from the resources of Chery Holding Group while focusing on its own market segment.
For Jetour, integrating Cheche's digital insurance platform addresses a critical touchpoint in the automotive customer journey. Modern car buyers increasingly expect streamlined, digital experiences for all aspects of vehicle ownership, including insurance procurement. By implementing Cheche's technology, Jetour can offer a more seamless customer experience while potentially improving conversion rates on insurance products.
From an industry perspective, this collaboration exemplifies the growing trend of specialized technology integration across the automotive value chain. Rather than developing proprietary insurance systems, Jetour has opted to partner with a dedicated technology provider, allowing each company to focus on its core competencies.
As Chinese automakers like Chery continue expanding globally (evidenced by their Fortune Global 500 debut), their technology infrastructure choices become increasingly important. This partnership suggests Cheche's technology meets the standards of a major automotive group focused on growth and customer experience enhancement.
Jetour Auto was launched by Chery Holding Group in January 2018 to meet consumer demands and master market trends. Jetour Auto evolved into an independent entity in 2021 operating with its own research and development, procurement and marketing departments. Chery Holding Group ranks among
To better serve its customers, Jetour Auto has turned to Cheche's online insurance solutions for its auto insurance application and issuance services. The Company executed a partnership agreement with Jetour Auto to provide a comprehensive digital insurance transaction platform that is currently in preparation for launch.
"We are excited to announce this new partnership with Chery Holding Group, marking a significant milestone in our journey to innovate within the automotive insurance ecosystem," said Lei Zhang, Founder, CEO, and Chairman of Cheche. "Our industry-leading technology and comprehensive suite of digital insurance solutions will deliver a more seamless, convenient, and personalized experience for Jetour Auto's customers. And this collaboration is just the beginning—we see tremendous potential in expanding our services and product offerings to other automotive brands within Chery Holding Group in the near future."
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About Cheche Group Inc.
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SOURCE Cheche Group Inc.
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