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CAOCAO INC Aims to Establish 5 Major Operations Centers Over Next Decade, Expanding Robotaxi Service to 100 Cities
2025-12-09 11:52:02 CAOCAO INC (02643.HK) held a Robotaxi strategic upgrade conference, where the Group's CEO, Gong Xin, proposed the '100 cities, RMB100 billion in 10 years' strategic goal, with an aim to establish five major operational centers globally over the next decade, expanding Robotaxi services to 100 cities, achieving a GTV of RMB100 billion, according to Chinese media. The Group planned a '3-step' strategy for Robotaxi, the report added. In February 2025, the Group launched demonstration operations in Hangzhou and Suzhou for initial technology verification and small-scale test operations. Currently, the transition from 'main driver safety officer' to 'unmanned operations' is being completed, exploring mixed operations of manned and unmanned driving. ~ AASTOCKS Financial News Website: www.aastocks.com | |