Cheche partners with CAR Inc on insurance and mobility services
Chinese auto insurance technology company Cheche Group is partnering with car rental provider CAR Inc. to combine auto insurance, car rental and automotive aftermarket services.
The companies plan to explore rental benefits and replacement vehicles linked to insurance, auto finance, vehicle sales and after-sales service. They also intend to jointly develop products combining insurance coverage with mobility services and connect their distribution networks across online and physical channels.
Cheche provides embedded insurance software, AI-based pricing and digital claims services. It has relationships with nearly 20 automakers and connects with more than 100 insurers. CAR Inc. operates in more than 360 cities, with over 6,500 company-operated locations and a fleet exceeding 220,000 vehicles.
The agreement builds on CAR Inc.’s “Car Life” ecosystem, which brings together services related to vehicle ownership and use.
