Cheche Group Inc. (NASDAQ:CCG) announced an expansion of its partnership with NIO Inc. (NYSE:NIO) to improve insurance services for NIO's growing fleet of electric vehicles. The deal focuses on streamlining policy issuance, risk control and claims handling as the automaker scales its multi-brand portfolio.
NIO delivered 31,305 vehicles in August, a 55.2% increase from a year earlier and its highest monthly total. Year-to-date deliveries stood at 166,472, pushing cumulative shipments above 830,000.
