SunCar Wins Insurance Management Contract for Aistaland, a Luxury EV Brand Backed by Huawei - SunCar Tech

SunCar Technology Group Inc. has won a contract to manage auto insurance for Aistaland, a luxury electric-vehicle brand co-developed by Huawei, announced in New York on June 8, 2026. Trading as SDA on Nasdaq, SunCar will craft customized insurance solutions that integrate with Huawei’s Qiankun intelligent vehicle system. Leveraging SunCar’s vehicle database and Doubao’s large language model, the company will build AI models to assess vehicle and driver risk, precisely match policies, predict maintenance needs, and reduce claims costs. SunCar will draw on a network of roughly 48,000 automotive service providers to deliver one-stop insurance plus automotive services, including underwriting, claims processing, roadside assistance, and maintenance. Zaichang Ye, SunCar’s chairman and CEO, framed the win as recognition of the company’s AI-driven capabilities within Huawei’s ecosystem. SunCar already maintains partnerships with more than 20 EV brands, including Tesla, Xiaomi, NIO, XPeng, Li Auto, Zeekr, Avatr, Lotus, IM Motors, Leapmotor, HIMA, and Aistaland. The agreement expands SunCar’s reach in the luxury EV market and signals growing demand for AI-powered insurance platforms that blend risk assessment with vehicle services. The deal reinforces SunCar’s strategy of leveraging its automotive network to deliver integrated insurance solutions across Chinese and global EV sectors.