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BEIJING, 3 October 2023: Cheche Group Inc, China’s leading auto insurance technology platform, is deepening its collaboration with Xpeng Inc, a trailblazing Chinese smart electric vehicle (EV) manufacturer. This partnership aims to elevate the insurance experience for latter’s EV owners across ten cities. Read on to explore how Cheche and Xpeng are reshaping the EV insurance landscape.
Xpeng’s Impressive Sales Growth
Xpeng made waves in the EV market with the launch of its latest SUV, the G6, in July. The response has been phenomenal, with robust sales growth. Notably, G6 deliveries in August surpassed 7,000 units, marking an impressive 80% month-over-month increase from July. Furthermore, the company achieved a remarkable year-over-year growth rate of approximately 43% compared to August 2022, delivering a total of 13,690 smart EVs in the same month.
Cheche’s Role as Xpeng’s Insurance Services Provider
In this strategic partnership, Cheche Group serves as Xpeng’s insurance services provider in ten key cities. Cheche brings to the table a sophisticated insurance service platform that encompasses Software-as-a-Service (SaaS) systems, API management for insurers, digital operations, innovative value-added products, and a nationwide service network.
Digital Insurance Options for EV Owners
Xpeng EV owners can now access a comprehensive suite of digital insurance options, courtesy of Cheche. These offerings include streamlined processes for new policies, one-click renewals, and a plethora of value-added services. The emphasis is on simplicity, convenience, and a premium insurance experience.
Innovation Award for Better User Experience
Xpeng has recognized Cheche’s contribution by awarding them the Innovation Award for Better User Experience. This accolade underscores Cheche’s dedication to providing comprehensive and convenient services that set industry standards.
Founder’s Vision
Lei Zhang, Founder, CEO, and Chairman of Cheche, expresses his excitement about this collaboration and its implications for the EV insurance sector. He believes that the simplicity and convenience afforded to EV owners through manufacturer collaborations are changing expectations in the industry. The partnership with Xpeng represents a significant growth opportunity for both companies.
A Model of Strategic Partnership
This deep and strategic partnership is not merely transactional but is designed to create a new growth model for Xpeng. It also unlocks opportunities for Cheche’s digital insurance services. Additionally, it sets the stage for future innovations and geographical expansion in the digital insurance sector.
Conclusion
The partnership between Cheche Group and Xpeng is transforming the landscape of EV insurance services. With a focus on innovation, user experience, and seamless convenience, they are not only meeting but exceeding the expectations of EV owners. As latter continues its remarkable growth in the EV market, Cheche Group stands by its side, ready to elevate the insurance experience for EV owners in more cities and regions. Together, they are pioneering a new era of digital insurance in the EV industry.
