NEW YORK, Feb. 18, 2026 — SunCar Technology Group Inc. (the “Company” or “SunCar”) (NASDAQ: SDA), a frontrunner in digitizing auto insurance in China, incorporated ByteDance’s Doubao LLM (“Doubao”) into its digital auto insurance platform starting in Q3 2025. SunCar is currently broadening this integration through the introduction of its Personalized Auto Insurance AI Agent.
Recently, US-based Insurtech firm Insurify debuted its ChatGPT application to offer AI-driven insurance shopping for consumers. SunCar is following a similar approach in China’s B2B sector, embedding Doubao’s GenAI technology to support distribution partners and their ultimate customers. The Company’s Personalized Auto Insurance AI Agent delivers AI-enabled insurance services to drivers while boosting ROI for SunCar’s OEM and distribution partners.
Infusing GenAI capabilities into SunCar’s exclusive vehicle records database offers drivers an enhanced user experience across numerous auto insurance procedures, such as policy identification, suggestions, quoting, underwriting, and renewals. SunCar’s collaboration with Doubao merges SunCar’s extensive auto insurance information with Doubao’s multimodal AI comprehension and advanced reasoning functions, facilitating more precise quotes and flexible risk pricing. Motorists can avoid cumbersome forms and conduct policy evaluations via GenAI-created prompts. For its partners, encompassing 20 top EV OEMs, SunCar’s AI-driven policy renewal solutions have markedly lowered customer acquisition expenses.
Doubao’s chatbot boasts over 150 million weekly active users and is recognized for its compelling applications. SunCar’s adoption of Doubao’s technology aims to generate comparable engagement among auto insurance clients. Simultaneously, SunCar’s partners are gaining from the operational efficiencies and enhanced customer satisfaction that GenAI technology provides.
Forward-Looking Statements
This press release includes information concerning the Company’s future expectations, plans, and prospects that constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Actual outcomes may vary considerably from historical performance or those projected in these forward-looking statements due to numerous factors, including, but not restricted to, risks and uncertainties related to its capacity to secure additional financing, its ability to sustain and expand its operations, fluctuating operating results, its capability to maintain and strengthen its brand, its creation and rollout of new products and services, the effective integration of acquired businesses, technologies and assets into its product and service suite, marketing and other business development efforts, industry competition, general governmental oversight, economic circumstances, reliance on key staff, the ability to recruit, employ, and retain employees with the technical expertise and background required to satisfy its clients’ needs, and its ability to safeguard its intellectual property. Forward-looking statements in this announcement encompass projections regarding the planned rollout of AI-enabled services, anticipated enhancements in customer experience, potential expense reductions, and the creation of SaaS solutions. These projections entail risks such as technological development obstacles, market adoption, regulatory clearance requirements, and the capacity to scale AI deployments. For an in-depth review of these risks, consult the Company’s Annual Report on Form 20-F and other submissions to the Securities and Exchange Commission. Forward-looking statements reflect only the date of this press release, and the Company assumes no duty to modify or revise these statements, unless mandated by law.
Contact Information:
SunCar:
Investor Relations: Mr. Breaux Walker
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com
U.S. Investor Relations
Tom Cook
Managing Director
ICR
Email: Tom.Cook@icrinc.com
SOURCE SunCar Technology Group Inc.
