SunCar is a China-based B2B digital platform connecting enterprise customers and car owners across two core services: auto insurance distribution and auto services. In insurance, SunCar acts as an agency — not an underwriter — earning commissions by facilitating policy sales through a network of over 64,000 external sales partners, including EV OEMs who embed SunCar's tools directly into their apps and vehicle dashboards. SunCar is integrated with 35 insurance company groups, including all top 10 insurers. In auto services, SunCar sells bundled service packages to enterprise customers (banks, insurers, telecoms) who offer them as loyalty program perks, fulfilled through a network of over 48,000 third-party local service providers covering 300+ service types across 33 provinces. SunCar aggregates and dispatches this fragmented provider network but does not deliver services itself. A third, growing segment — Technology Services — licenses CRM, order management, and finance tools to service providers and insurance partners, and SunCar is transitioning this toward a SaaS model while co-developing embedded insurance platforms with EV OEMs including Xiaomi, ZEEKR, and Huawei. SunCar's growth strategy centers on deepening EV OEM partnerships as China's EV fleet expands, expanding its enterprise customer base, and building out SaaS recurring revenue. The business has a natural flywheel: a broader service provider network creates more insurance sales channels, and more insurer relationships attract more enterprise services clients.