“I’m proud of the team for achieving positive net income this quarter, a key milestone that underscores SunCar is growing profitably. Alongside our leadership in AI-powered auto insurance and services, this performance reflects a strong and scalable profit model. Our deep EV partner relationships-particularly our expanding AI co-development efforts with leaders like Tesla and Xpeng-continue to drive both growth and value creation,” said Zaichang Ye, Chairman and CEO of SunCar.
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