Cheche Group Inc. (NASDAQ: CCG), a leader in China’s auto insurance technology, has unveiled two initiatives aimed at integrating the country’s advancements in smart, connected new energy vehicles (NEVs) and driving global innovation through AI-Driven Intelligent Insurance Tools and a Fintech Solution for automakers. In the first half of 2025, Cheche reported over 810,000 NEV insurance policies, marking a 135.5% increase year-over-year, with written premiums at RMB 2.6 billion, up 150.6%. The company aims to capture 30%-40% of China’s NEV market in the next three to five years. Key partnerships with OEMs are set to enhance claims processing accuracy through an anti-fraud claims system using driving data. As Cheche plans its international expansion by Q4 2025, it hopes to redefine insurance integration with next-gen mobility, positioning itself as the backbone linking automakers, insurers, and vehicle owners globally—anticipating significant revenue growth from AI-driven solutions.
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