Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NasdaqCM - Nasdaq Real Time Price • USD SunCar Technology Group Inc. (SDA) Follow Compare 4.9300 +0.0300 +(0.61%) At close: March 12 at 4:00:01 PM EDT 4.9300 0.00 (0.00%) After hours: March 12 at 5:25:42 PM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations SunCar to develop insurance platform for Leapmotor The platform will be integrated into Leapmotor's mobile app ecosystem, encompassing insurance issuance, claims processing and accident services. SunCar Wins Contract to Build Insurance Platform for Major EV Maker Leapmotor SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has secured a contract to develop and operate the insurance management platform for Leapmotor (09863.HK), one of China's fastest-growing electric vehicle manufacturers. The system will be integrated into Leapmotor's mobile app ecosystem, handling insurance issuance, claims processing, and accident services. SunCar Partners with Visa to Empower ICBC Cardholder Benefits in China's Affluent Consumer Market SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), 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 (ICBC) high-net-worth c SunCar Technology Addresses National Automotive Circulation Industry Forum, Showcasing Digital Solutions for Dealers SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), 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 technologi China is leading in EV insurance uptake With China’s EV sector continuing to expand, insurers operating in the country are well placed to capitalise on rising policy demand. SunCar Secures $1.93M Contract with China Construction Bank Hunan, Expanding National Banking Partnerships SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has secured an RMB 14 million (US$1.93 million) contract to operate China Construction Bank's (CCB) car wash program in Hunan province. The two-year agreement runs through December 2026 and builds on SunCar's existing CCB partnerships in Fujian and Yunnan provinces. SunCar Expands Partnership with China Pacific Insurance, Adding Two Major Provinces to Service Network SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has secured significant new contracts with China Pacific Insurance Company's (CPIC) Zhejiang and Jiangsu provincial branches. These agreements establish SunCar as the primary car wash and detailing service provider for CPIC's customers in these regions. SunCar Technology extends ties with global EV manufacturer This includes integrating specialised automotive services directly into the EV-maker's owner platform for vehicle owners. SunCar Technology Expands Major Partnership with Global EV Leader, Achieving 48-City Coverage SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced the significant expansion of its strategic partnership with one of the world's foremost electric vehicle manufacturers. The collaboration has experienced remarkable growth, demonstrating SunCar's expanding influence in China's evolving automotive services sector. SunCar Technology announces integration of its cloud service with DeepSeek SunCar Technology (SDA) Group announced the full integration of DeepSeek artificial intelligence technology into its proprietary cloud-based service platform and car insurance SaaS solutions. This strategic implementation marks a significant advancement in the Company’s AI-driven strategy and initiatives revolutionizing the automotive service industry through enhanced intelligence and efficiency. The integration of DeepSeek’s AI capabilities transforms traditional automotive services by introduc SunCar integrates DeepSeek AI to enhance car insurance services SunCar will use DeepSeek's algorithms to analyse vehicle and insurance data. SunCar Technology Group Integrates DeepSeek AI, Revolutionizing Automotive Service Intelligence SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced the full integration of DeepSeek artificial intelligence technology into its proprietary cloud-based service platform and car insurance SaaS solutions. This strategic implementation marks a significant advancement in the Company's AI-driven strategy and initiatives revolutionizing the automotive service industry through enhan SunCar Technology Group Announces Share Repurchase Program SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced that its board of directors has authorized a share repurchase program to buy back up to $30 million of its outstanding Class A ordinary shares. This program reflects the Company's confidence in its long-term growth prospects. SunCar Technology Group Announces Pricing of $50 Million Follow-On Public Offering of Class A Ordinary Shares SunCar Technology Group Inc. ("SunCar") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced the pricing of its previously announced public offering of 7,142,858 Class A ordinary shares (the "Offering") for total expected gross proceeds of approximately $50 million before underwriting discounts and commissions and offering expenses. In connection with the Offering, SunCar has granted the underwriters of the offering a 30-day option t SunCar Technology Group Announces Follow-On Public Offering SunCar Technology Group Inc. ("SunCar") (Nasdaq: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today announced a firm commitment underwritten follow-on public offering of an aggregate of up to $50 million of Class A Ordinary Shares, par value $0.0001 per share (the "Class A Ordinary Shares"). In connection with the offering, SunCar intends to grant the underwriters a 30-day option to purchase an aggregate of up to $7.5 million additional Class A Ordin SunCar Technology Group Inc. Appoints Breaux Walker as Chief Strategy Officer SunCar Technology Group Inc. ("SunCar" or the "Company") (Nasdaq: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, today announced the appointment of Mr. Breaux Walker as the Company's Chief Strategy Officer (CSO), effective January 13, 2025. SunCar Joins China Auto Dealers Chamber of Commerce as Vice-Chairman Member, Expanding Market Potential SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Company"), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce the Company has officially joined the China Auto Dealers Chamber of Commerce (CADCC) as one of its 40 "vice-chairman" members. This milestone solidifies SunCar's influence in the automotive industry and sets the stage for strategic growth in both the New Energy Vehicle (NEV) and traditional fuel vehicle markets. SDA: SunCar Technology Group’s Growth Potential Supports Price Target of $20.00. By Thomas Kerr, CFA NASDAQ:SDA READ THE FULL SDA RESEARCH REPORT Company Announces New Chief Strategy Officer On January 13, 2025, the SunCar (NASDAQ:SDA) announced that Breaux Walker was appointed Chief Strategy Officer. Mr. Walker will oversee the company’s capital markets strategy, investments, international financing, and investor relations. Mr. Walker has over 25 years of experience in SunCar Technology awarded $6.8M contract for Walmart China’s car wash project SunCar Technology Group (SDA) is pleased to announce the company has secured the exclusive Contract for Walmart (WMT) Investment Co., Ltd.’s 2025 Sam’s Club Premium Membership Car Wash Project. Under this agreement, SunCar will deliver premium car wash services for Sam’s Club members across 17 cities, including Shanghai, Shenzhen, Guangzhou, Chengdu, Chongqing, Changsha, Hangzhou, Suzhou, and Zhuhai. Walmart China’s budget for the contract is approximately $6.8M, highlights SunCar’s exceptional SunCar Secures Exclusive $6.8 Million Contract for Walmart China's 2025 Sam's Club Premium Membership Car Wash Project Across 17 Cities SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Company"), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce the Company has secured the exclusive Contract (the "Contract") for Walmart (China) Investment Co., Ltd.'s ("Walmart China") 2025 Sam's Club Premium Membership Car Wash Project. Under this agreement, SunCar will deliver premium car wash services for Sam's Club members across 17 cities, including Shanghai, Shenzhen, Gua Performance Overview Trailing total returns as of 3/12/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return SDA S&P 500 YTD -48.91% -4.80% 1-Year -29.47% +8.19% 3-Year -50.85% +33.18%