Ralf Hahn
Auto insurance platform Cheche Group (NASDAQ:CCG) Thursday announced a partnership with an affiliate of Xiaomi (OTCPK:XIACF), as the Chinese smartphone maker released its first electric car in China.
Teaming up with Beijing Houji Insurance Brokerage, the insurance brokerage firm in Xiaomi Group, Cheche would offer a digital auto insurance transaction SaaS service platform with operational support.
Xiaomi released its first EV called SU7, which is a sporty four-door sedan on Thursday.
Under the contract, Cheche would provide auto insurance service solutions to car owners in multiple cities, including Beijing, Shenzhen, Hangzhou, and others.
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