Cheche Group Partners with FAW Group for Insurance Solutions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2025
0mins
Cheche Group has entered into a partnership with FAW Bestune Automobile and Jilin Dingjia Automotive, which are under China FAW Group. China FAW Group is among China's top ten state-owned auto manufacturers. Through this collaboration, Cheche's insurance solutions are now integrated with the official 12123 traffic management platform, enabling car owners to purchase new car insurance and apply for temporary license plates online. The 12123 platform serves as China's official government portal for certain tasks, which include applying for and using digital driver's licenses and vehicle registration licenses, paying traffic violation fines, scheduling vehicle inspections, and inquiring about traffic information. In addition, Cheche's embedded services for FAW Bestune are now connected to the 12123 platform. The service is currently operating in pilot cities, with nationwide expansion planned as soon as infrastructure and regulatory conditions are fully aligned.
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About CCG
Cheche Group Inc is a holding company principally engaged in the operation of a technology-empowered platform primarily for auto insurance transaction services. The Company conducts its business primarily through its subsidiaries. The Company is primarily engaged in the provision of services and products for digital insurance transactions and insurance software-as-a-service (SaaS) solutions to insurance carriers, insurance intermediaries, third-party platforms, referral partners and consumers. The Company's digital insurance transaction products mainly include Easy-Insur, NEV Insurance Solution, as well as insurance SaaS solution products Digital Surge and Sky Frontier. The Company principally conducts its businesses in the domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cheche Group Partners with Volkswagen for Digital Insurance Services
- Strategic Partnership Signing: Cheche Group, Volkswagen Digital Sales and Services, and Cardif Airstar Insurance signed a strategic cooperation agreement on January 29, 2026, aiming to jointly develop digital insurance services for electric vehicle owners, enhancing user experience and expanding market reach.
- Intelligent Pricing System: Cheche has established an industry-leading dynamic data loop system that integrates driving behavior and road condition data to create unique risk profiles for each Volkswagen owner, enabling precise pricing and promoting product differentiation in insurance offerings.
- Full Lifecycle Services: The partnership will provide Volkswagen owners with a unified digital entry point for electric vehicle purchase, usage, insurance, and financial services, forming a comprehensive digital financial and insurance service system that enhances service quality throughout the vehicle lifecycle.
- Integration of Technology and Data: The three parties will integrate data, technology, and ecosystem resources to deliver a more seamless and intelligent service experience for Volkswagen owners, advancing the development of intelligent driving insurance to address liability determination challenges in intelligent driving scenarios.
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Cheche Group Partners with Volkswagen for Digital Insurance Services
- Strategic Partnership Signing: On January 29, 2026, Cheche Group signed a strategic cooperation agreement with Volkswagen Digital Sales and Services and Beijing Cardif Airstar Insurance to jointly develop digital insurance services for electric vehicle owners, enhancing user experience and expanding market reach.
- Intelligent Pricing System: Cheche has established an industry-leading dynamic data loop that integrates driving behavior and road condition data to create unique risk profiles for each Volkswagen owner, enabling precise pricing and promoting product differentiation in insurance offerings.
- Full Lifecycle Services: The collaboration will provide a unified digital entry point covering electric vehicle purchase, usage, insurance, and financial services, improving service quality and increasing user retention, thereby supporting rapid growth in the electric vehicle market.
- Technological Innovation and Optimization: Cheche's pricing model features dynamic learning capabilities, with real-time claims data feeding back into the model for parameter calibration, creating a positive cycle of
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