Cheche Group Drives Growth Through Collaboration with Top NEV Players, Including Li Auto
- Cheche's collaboration with Li Auto has led to a significant increase in production volume and digital insurance transactions, positively impacting the company's growth. The recognition by iResearch further validates Cheche's leadership in the digitization of auto insurance.
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- Company's leadership in digitization of auto insurance is recognized by recent iResearch report
Li Auto, one of the leading NEV manufacturers in
At the time of Li Auto's announcement, Cheche had cumulatively served over 150,000 vehicles produced by Li Auto. The number of Li Auto owners who will use these embedded digital insurance services is expected to reach 300,000 by the end of this year.
"The explosive growth of the NEV market in
As a leading Insurtech company in
iResearch Recognition
iResearch recently recognized Cheche's valuable contributions by including it in its August 2023 "Top 30 Service Providers of Insurance Digitization" report, which recognizes achievements that both individual enterprises and the industry have made in digital transformation. Digital trends are driving unprecedented opportunities and challenges in
iResearch explores the digital transformation trends among insurance institutions from a global perspective. Utilizing experts from insurance, fintech companies, technology service providers, science and technology academic units, and many other fields, they evaluate the companies based on criteria such as innovation, technological output, and market influence, analyzing the digital development of
"We are gratified by this recognition," said Lei Zhang. "Cheche has always been committed to promoting the digital transformation of the insurance industry with outstanding technological capabilities. Relying on big data, cloud computing, blockchain, AI, and other technologies, Cheche is developing new digital service capabilities for all aspects of the insurance industry value chain and providing new solutions to the industry."
Leveraging its auto insurance foundation and close partnerships with manufacturers, Cheche has built a sophisticated digital auto insurance service platform for manufacturers that includes SaaS systems, API management of insurers, digital operations, value-added product innovations, and a nationwide service network upgrade.
With the NEV market consistently evolving, expanding customer touchpoints has become increasingly important. Cheche has provided strong support for NEV manufacturers to efficiently acquire customers through the portal that connects customers and agents. Driven by the application of new technologies such as advanced driver assistance systems, Cheche and its network of insurance companies and intermediaries are innovating online insurance to provide users with more personalized and comprehensive coverage.
Cheche is committed to continuing to drive digital transformation and innovation throughout the insurance ecosystem through its extensive network of partners, deep technological capability and culture of execution.
About Cheche Group Inc.
Established in 2014 and headquartered in
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include but are not limited to, statements regarding projections, estimates, and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company's ability to scale and grow its business, the Company's advantages and expected growth, and its ability to source and retain talent, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.
Cheche Group Inc.:
IR@chechegroup.com
Crocker Coulson
crocker.coulson@aummedia.org
(646) 652-7185
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SOURCE Cheche Group Inc.
