SunCar Technology: Improved sales performance, but downsides also exist (NASDAQ:SDA)

Engineers check aerodynamics in electric cars

Evgeniy Shkolenko

Since I last wrote about China’s car service provider SunCar Technology Group (NASDAQ:SDA) in July the share price fell by 32%. This was not unexpected. At the time, its market multiples indicated that it was richly valued, especially in the context of a

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