Cheche Group and CAR Inc. Form Strategic Partnership

Deep News
11/06

Sina Tech News reported on the afternoon of November 6 that on November 5, Cheche Group Inc and CAR Inc. officially signed a strategic cooperation agreement. The two sides will take users' actual vehicle usage needs as the starting point, integrate their respective resources in insurance products, mobility services, and the automotive aftermarket, and explore synergy models across different segments of automotive services.

According to the strategic cooperation agreement, the two parties will focus on advancing cooperation in three key areas.

In mobility services, the two sides will focus on travel-related products such as car rental benefits and substitute car services, explore integration with scenarios including auto finance, insurance, new car sales, and after-sales service, promote the linkage between mobility benefits and insurance products, and provide users with richer and more convenient service options.

In product and service innovation, the two parties plan to combine their respective business scenarios and user needs to jointly carry out research, development, and iteration of mobility service products, explore innovative solutions that combine insurance protection with mobility services, and integrate relevant service resources according to different scenarios to enhance product practicality and market competitiveness.

In channel and network collaboration, the two sides will rely on CAR Inc.'s nationwide service network and large-scale fleet, combined with Cheche Group Inc's channel resources in the insurance industry, automotive OEMs, and automotive aftermarket services, to explore an integrated online and offline service delivery model.

Cheche Group President Shang Yanyan said: "The core of this cooperation is to combine Cheche Group's cooperation experience in the OEM and insurance sectors, product design, and service delivery capabilities with CAR Inc.'s mobility scenarios, fleet operations, and user base, and jointly create an ecosystem chain solution covering 'mobility-insurance-aftermarket.' We hope that through collaboration between both parties, insurance protection, mobility benefits, and aftermarket services will no longer be relatively independent products, but will better integrate into users' actual vehicle usage needs and provide users with a more complete, convenient, and reliable service experience."

CAR Inc. CEO Gao Dewu said: "This strategic cooperation is another milestone since CAR Inc. released its new 'Car Life' ecosystem, and it is also an important expansion of the ecosystem map. Cheche Group has many years of deep industry experience in the insurance industry, automotive technology, and automotive aftermarket services, and is highly complementary to CAR Inc.'s scenario advantages and network advantages. Based on this strategic cooperation, both parties will work together in more life scenarios to provide users with more convenient and efficient mobility services, promote the deep integration of mobility services and insurance protection, and inject new momentum into the high-quality development of the automotive mobility industry."

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