BEIJING, June 20, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced it has entered into a partnership with NIO Insurance Broker Co., Ltd. ("NIO Insurance Broker"), a subsidiary of NIO INC. (NYSE: NIO) ("NIO"), as Cheche continues to deepen its collaborations with new energy vehicle ("NEV") manufacturers.

Cheche's accessible digital platform, powered by industry-leading technology, will digitalize the process of completing auto insurance for NIO, while reducing front-end insurance delivery costs and enabling NIO to digitally manage its insurance business. This customized digital insurance service system for NIO is expected to launch in the next quarter.