SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leader in delivering AI-powered B2B auto insurance and services in China, has won the contract to manage auto insurance for Aistaland, a luxury EV brand co-developed by Huawei.

SunCar is currently working with five other Huawei partner brands. Winning the Aistaland contract is a major milestone for the Company. SunCar is now the exclusive insurance partner for all Huawei luxury EV partner brands. Adding yet another luxury EV brand to SunCar's platform highlights the effectiveness of the Company's AI-powered insurance and auto services in meeting the high demands of luxury EV drivers. It also demonstrates SunCar's commitment to furthering its Huawei Qiankun partnership.