SunCar Technology Group Inc. reported its financial results for the first quarter of 2025, highlighting a 20% increase in revenue to $102.6 million, up from $85.6 million in the same quarter of 2024. The company also reported a narrowed operating loss of $3.0 million, compared to a loss of $4.5 million in the prior-year period. Adjusted EBITDA improved to a negative $1.3 million, compared to negative $3.1 million in the first quarter of 2024. SunCar has set its full-year 2025 revenue guidance to range between $521 million and $539 million, which indicates forecasted revenue growth of 18% to 22%. The company continues to expand its business operations, including an extension of its service platform for Tesla to incorporate insurance policy benefit features. Additionally, SunCar expanded its partnership with BYD to include cooperation with 50 dealerships in East China, creating a differentiated insurance solution. The company also launched cloud-based customer service systems for Xiaomi and Zeekr, and completed a differentiated SAAS insurance solution for Leapmotor dealers.