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SUNCAR TECHNOLOGY GROUP INC

3.13

+0.04501.46%

Volume:23.35K

Turnover:74.62K

Market Cap:330.15M

PE:-4.37

High:3.45

Open:3.40

Low:3.02

Close:3.08

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Overview Company News Filings

SunCar Technology Expands Strategic Partnership With Ping an Bank

THOMSON REUTERS

Why SunCar Technology (SDA) Is Plunging in 2025?

Rocket Lab Announces Intention to Acquire Mynaric, Leading Laser Communications Provider, in Latest Strategic Step Toward Becoming an End-to-End Space Company

GE2025: WP notes 'significant' changes to boundaries in areas it's been working; PSP questions 'drastic' tweaks

Press Release: Mynaric Updates on Operational Continuity and Ongoing Production and Deliveries

AST SpaceMobile Provides Business Update and Fourth Quarter and Full Year 2024 Results

BRIEF-Suncar Partners With Visa To Empower ICBC Cardholder Benefits In China's Affluent Consumer Market

SunCar Partners with Visa to Empower ICBC Cardholder Benefits in China's Affluent Consumer Market

AST SpaceMobile Secures $43 Million Contract in Support of U.S. Space Development Agency Through Prime Contractor

Potbelly Sandwich Works Expands to Lake Charles, LA with a New Franchise Agreement

SunCar Technology Addresses National Automotive Circulation Industry Forum, Showcasing Digital Solutions for Dealers

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In this article, we are going to take a look at where SunCar Technology Group Inc.  stands against other automotive stocks that have been plunging in 2025.Automotive stocks have been among the worst-performing names in the past few months, and even before that, if you exclude Tesla from the list. Donald Trump’s election caused panic among electric vehicle startups, and his tariff policies caused that panic and uncertainty to spread among traditional automakers.Meanwhile, inflationary pressures and rising interest rates have dampened consumer demand for big-ticket purchases like vehicles. The recent inflation read is a step in the right direction and can eventually help bring rates lower, but the automotive sector is unlikely to pull off a big recovery anytime soon.SunCar Technology Group Inc.  is a cloud-based digitalized automotive after-sales services and online auto insurance intermediation co","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-suncar-technology-sda-plunging-080020491.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["USAW.SI","SDAWW","TSYW.SI","USJW.SI","QID","NQmain","NVIW.SI","PSQ","SDA","TQQQ","QLD",".IXIC","BK4192","SQQQ","BK4585","MNQmain"],"gpt_icon":1},{"id":"2518087497","title":"Rocket Lab Announces Intention to Acquire Mynaric, Leading Laser Communications Provider, in Latest Strategic Step Toward Becoming an End-to-End Space Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2518087497","media":"Business Wire","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518087497?lang=en_us&edition=fundamental","pubTime":"2025-03-12 05:25","pubTimestamp":1741728300,"startTime":"0","endTime":"0","summary":"Rocket Lab recently executed a non-binding term sheet to acquire a controlling ownership stake in Mynaric subject to completing a previously announced restructuring plan and regulatory review process. 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MUNICH, March 10, 2025 /PRNewswire/ -- Mynaric  , a leading provider of industrialized, cost-effective, and scalable laser communications products, today confirms that it is continuing to ramp up production and customer deliveries of the CONDOR Mk3 optical communications terminal and updates on the background to the company's StaRUG proceedings.\"We are continuing to deliver on our promise to the industry to provide scalable products that meet evolving program requirements, and drive innovation in areas such as multi-orbit constellations. To maintain our industry position, we must continue delivering to existing customers while advancing future applications of optical communications technology.\". \"We firmly believe that this restructuring is the best course of action for Mynaric's future. 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We advanced our customer ecosystem, formalized definitive commercial agreements, and expanded our U.S. Government capabilities. Finally, we completed a carefully structured financing transaction with minimal dilution to current shareholders, enabling us to accelerate our manufacturing efforts and start 2025 stronger than ever.\"","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ast-spacemobile-provides-business-fourth-211500747.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LEO","BK4089","SDA","BK4192","BK4585","ASTS","ASTSW"],"gpt_icon":1},{"id":"2516634128","title":"BRIEF-Suncar Partners With Visa To Empower ICBC Cardholder Benefits In China's Affluent Consumer Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2516634128","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516634128?lang=en_us&edition=fundamental","pubTime":"2025-03-03 22:44","pubTimestamp":1741013064,"startTime":"0","endTime":"0","summary":"BRIEF-Suncar Partners With Visa To Empower ICBC Cardholder Benefits In China's Affluent Consumer MarketMarch 3 (Reuters) - SunCar Technology Group Inc SDA.O:SUNCAR PARTNERS WITH VISA TO EMPOWER ICBC C","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250303:nTUA1ZWTBB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00B19Z8W00.USD","LU0823421333.USD","LU2764263039.SGD","IE00B19Z9505.USD","LU2360032135.SGD","LU0342679015.USD","LU2361045086.USD","LU2089284900.SGD","LU0048584097.USD","LU0170899867.USD","LU1815333072.USD","LU1934455863.HKD","SG9999014914.USD","LU1267930730.SGD","LU0154236417.USD","LU1988902786.USD","LU0109392836.USD","LU0234572021.USD","LU0390134368.USD","LU0690374615.EUR","LU0472753341.HKD","LU2244417387.USD","SDA","LU0124676726.USD","BK4598","LU1236620750.USD","LU2125154778.USD","IE00BQXX3D17.EUR","LU2764262908.HKD","LU1670628061.USD","BK4534","SG9999017495.SGD","LU1852331112.SGD","BK4533","V","IE00BZ1G4Q59.USD","LU0158827781.USD","LU1917777945.USD","IE00BWXC8680.SGD","LU2106854487.HKD","LU0109391861.USD","LU2361044949.HKD","LU1035775433.USD","LU0256863902.USD","LU0056508442.USD","LU1934455277.USD","LU2087625088.SGD","LU2242649171.HKD","LU0265550946.USD","SG9999018857.SGD"],"gpt_icon":0},{"id":"2516639105","title":"SunCar Partners with Visa to Empower ICBC Cardholder Benefits in China's Affluent Consumer Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2516639105","media":"PR Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516639105?lang=en_us&edition=fundamental","pubTime":"2025-03-03 22:00","pubTimestamp":1741010400,"startTime":"0","endTime":"0","summary":"NEW YORK, March 3, 2025 /PRNewswire/ -- SunCar Technology Group Inc.  , an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced its selection as the exclusive provider for the Visa Concierge Car Service Project, establishing a pivotal partnership with global payments leader Visa. This strategic alliance positions SunCar to deliver premium airport and high-speed rail transfer services to Industrial and Commercial Bank of China's  high-net-worth cardholders nationwide, opening significant new revenue channels in China's lucrative premium services market.This partnership represents a substantial expansion of SunCar's addressable market, providing direct access to ICBC's coveted Platinum and Black Gold cardholders—an elite customer segment with individual assets exceeding $1.1 million and credit card spending limits above $275,000.\"Securing this partnership with Visa, following their rigorous vendor evaluation process, validates our technology p","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/suncar-partners-visa-empower-icbc-140000168.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/suncar-partners-visa-empower-icbc-140000168.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1815336760.USD","LU0158827948.USD","LU0256863811.USD","LU1037948541.HKD","BK4581","LU0158827781.USD","LU0320765059.SGD","LU0426412945.USD","LU0124676726.USD","LU1670627923.USD","LU2264538146.SGD","LU1228905037.USD","LU2244417387.USD","LU0354030438.USD","LU2764262908.HKD","LU0128525929.USD","LU0861579265.USD","LU0353189680.USD","LU0444971666.USD","LU1815333072.USD","EMPW.U","LU0170899867.USD","LU0965509283.SGD","LU0289961442.SGD","LU2023250843.SGD","LU2023251221.USD","LU0289941410.SGD","LU0215105999.USD","LU0672654240.SGD","LU1236620750.USD","LU2242649171.HKD","SGXZ99366536.SGD","LU1280957306.USD","SDA","V","LU2087625088.SGD","LU0823434583.USD","LU0868494708.USD","LU0957808578.USD","SG9999000418.SGD","BK4527","LU0127658192.USD","LU2764263039.SGD","LU1043141396.HKD","LU2125154935.USD","IE00BKDWB100.SGD","LU1316542783.SGD","SG9999001424.SGD","SDAWW","LU0079474960.USD","BK4535"],"gpt_icon":0},{"id":"2514853771","title":"AST SpaceMobile Secures $43 Million Contract in Support of U.S. Space Development Agency Through Prime Contractor","url":"https://stock-news.laohu8.com/highlight/detail?id=2514853771","media":"Business Wire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514853771?lang=en_us&edition=fundamental","pubTime":"2025-02-26 22:00","pubTimestamp":1740578400,"startTime":"0","endTime":"0","summary":"New contract follows successful testing under the previously announced February 2024 contract award and highlights the capability of AST SpaceMobile's technology for specialized government applications. MIDLAND, Texas, February 26, 2025----AST SpaceMobile, Inc.  , the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced a new contract award in support of the United States Space Development Agency  through a prime contractor, with total expected revenue of $43 million.As part of the U.S. Space Force, SDA will accelerate delivery of needed space-based capabilities to the joint warfighter to support terrestrial missions through development, fielding, and operation of the Proliferated Warfighter Space Architecture.This contract follows successful testing on BlueWalker-3 in orbit under the previous contract announced in February 2024 and further demons","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ast-spacemobile-secures-43-million-140000188.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4192","BK4089","BK4585","ASTSW","SDA","ASTS"],"gpt_icon":1},{"id":"2514352853","title":"Potbelly Sandwich Works Expands to Lake Charles, LA with a New Franchise Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2514352853","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514352853?lang=en_us&edition=fundamental","pubTime":"2025-02-26 22:00","pubTimestamp":1740578400,"startTime":"0","endTime":"0","summary":"CHICAGO, Feb.  26, 2025  (GLOBE NEWSWIRE) -- Tim Rozell and Adam Jackson bring their strong business acumen to Potbelly Sandwich Works’ growing franchise network. The duo recently signed a Shop Develo","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/02/26/3032955/28034/en/Potbelly-Sandwich-Works-Expands-to-Lake-Charles-LA-with-a-New-Franchise-Agreement.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SDA","BK4209","BK4192","BK4585","PBPB"],"gpt_icon":0},{"id":"2514092518","title":"SunCar Technology Addresses National Automotive Circulation Industry Forum, Showcasing Digital Solutions for Dealers","url":"https://stock-news.laohu8.com/highlight/detail?id=2514092518","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514092518?lang=en_us&edition=fundamental","pubTime":"2025-02-25 21:45","pubTimestamp":1740491100,"startTime":"0","endTime":"0","summary":"NEW YORK, Feb. 25, 2025 /PRNewswire/ -- SunCar Technology Group Inc.  , an innovative leader in auto e-insurance and cloud-based B2B auto services in China, participated in the National Automotive Circulation Industry New Year Forum and Consumer Promotion Conference in Beijing. The Company, serving as a vice president unit of the National Automotive Circulation Industry Association, was represented by Vice President Gu Saiye, who delivered a keynote address highlighting SunCarOnline's technological solutions that help dealers enhance customer retention, renewal rates, and profitability.The conference brought together over 400 industry stakeholders, including automotive dealer groups, manufacturers, pre-owned vehicle enterprises, financial and insurance institutions, aftermarket service providers, and automotive trade association representatives from across China. 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