On Nov 29, 2018, a signing ceremony was held in Shilin, Thousand-Islet Lake Area.

On the ceremony, EKar Tech announced their strategic partnership with the city of Chun-an, China Continental Insurance(CCIC), Dayuan Logistics Company and CarVi Inc. from the United States.

Zhejiang Province is in the leading position in the express delivery industry of China. Ekar, with a background of global advanced technology, is building a telematics platform which will connect and benefit both insurance and fleet companies, also contribute to smart city construction. On the ceremony, Ekar launched their first version of AI fleet management platform based on ADAS and big data analysis.

According to the agreement, with the support of the strategic partners, Ekar is going to develop an integrated solution for intelligence vehicle insurance, logistics optimal management and financing, vehicle rental, used car trading, advanced driver assistance system(ADAS), driving data mining and aftermarket services.

Representatives of each party attended the ceremony. Also, more than 10 investment corporations from both China and Europe attended the meeting. Shangzhinuo Investment signed intention of investment of 5M RMB on the spot.

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