Auto insurance coverage platform Cheche Group (NASDAQ:CCG) Thursday introduced a partnership with an affiliate of Xiaomi (OTCPK:XIACF), because the Chinese language smartphone maker launched its first electrical automobile in China.
Teaming up with Beijing Houji Insurance coverage Brokerage, the insurance coverage brokerage agency in Xiaomi Group, Cheche would supply a digital auto insurance coverage transaction SaaS service platform with operational assist.
Xiaomi launched its first EV known as SU7, which is a sporty four-door sedan on Thursday.
Below the contract, Cheche would offer auto insurance coverage service options to automobile homeowners in a number of cities, together with Beijing, Shenzhen, Hangzhou, and others.