Cheche Group (“Cheche” or the “Company”), China’s leading auto insurance technology platform,announced the launch of two groundbreaking initiatives designed to integrate China’s expertise in smart, connected new energy vehicles (NEVs) with cutting-edge insurance and fintech innovation. The initiativan AI-Driven Intelligent Insurance Tool and a Fintech Solution for Automakers Abroad aim to support global automotive players navigating the next wave of data-driven transformation.
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Cheche reported strong momentum in its NEV insurance business during the first half of 2025, with over 810,000 NEV policies issued, up 135.5% year-over-year, and written premiums reaching RMB 2.6 billion, an increase of 150.6%. The Company projects that it will serve 30%–40% of China’s NEV market within the next three to five years.
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“These initiatives mark a pivotal moment not only for Cheche but also for the globalization of China’s automotive industry,” said Lei Zhang, Founder, CEO, and Chairman of Cheche Group. “By combining AI-powered claims and risk management with fintech solutions tailored for Chinese automakers overseas, we are positioning Cheche as the digital cornerstone linking automakers, insurers, and vehicle owners worldwide.”
As part of the rollout, Cheche is working with insurers and OEMs to co-develop an anti-fraud claims system for intelligent driving scenarios, leveraging vehicle data to improve liability assessment and streamline claims. Cheche Group Launches AI-Driven Insurance Tool and Fintech Solution to Support Global Expansion of Chinese Automakers.
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Looking ahead, Cheche expects to tap into the fast-growing NEV ecosystem, with China’s NEV fleet projected to reach 80–100 million units in the next 3–5 years. With an industry average claims rate of 30%, Cheche’s AI-driven solutions are expected to cover roughly 30 million NEVs, representing 300–500 million RMB in potential service revenue.
Cheche Group Launches AI-Driven Insurance Tool and Fintech Solution to Support Global Expansion of Chinese Automakers. The Company has already secured partnerships with leading automakers seeking overseas growth. Beginning in 2026, Cheche expects its international business to serve as a key growth engine, accelerating both the adoption of Chinese vehicles abroad and the modernization of insurance infrastructure worldwide.
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