CaoCao Inc. recently convened in Hangzhou to unveil its updated roadmap for autonomous vehicle operations. The company introduced a long-term strategic goal focused on expanding its Robotaxi services to 100 cities globally over the next decade. Executives also revealed the world’s first Green Intelligent Mobility Hub, a facility designed to support large-scale driverless fleets.
Highlights
- CaoCao targets a cumulative gross transaction value of RMB 100 billion across 100 cities in ten years.
- The new Green Intelligent Mobility Hub features automated battery swapping and eVTOL integration.
- Operational strategy shifts from safety-driver pilots to fully driverless mixed-fleet commercialization.
- A strategic partnership with Afari Technology aims to accelerate autonomous driving adoption.
Strategic Vision and Global Expansion
During the event, CEO Gong Xin outlined the company’s three-phase strategy for Robotaxi development. The initial phase focused on technology validation through small-scale pilots. The current phase involves transitioning from safety-driver operations to fully driverless systems.
This transition utilizes mixed fleets of human-driven and autonomous vehicles to ensure reliability. Future plans center on deploying custom Robotaxi models for widespread commercial use, leveraging data gathered from current operations.
Ten-Year Financial and Operational Goals
The “100 Cities, 100 Billion in 10 Years” initiative represents a significant commitment to globalization. CaoCao plans to establish five global operation centers to support this expansion. The objective is to achieve a cumulative gross transaction value (GTV) of RMB 100 billion.
This growth aligns with Geely Holding Group’s broader strategy for smart mobility services. By scaling operations internationally, the company aims to solidify its position in the competitive autonomous driving market.
Green Intelligent Mobility Hub
The newly launched Green Intelligent Mobility Hub serves as a prototype for future urban infrastructure. It integrates essential fleet services to streamline operations and maximize vehicle uptime. Key features of the hub include:
- Automated battery swapping and charging interfaces.
- Self-cleaning and in-vehicle tidying systems.
- Intelligent dispatching and automated billing.
- Reserved eVTOL take-off and landing pads.
Ecosystem Integration
This hub demonstrates Geely Holding Group’s commitment to a green and intelligent ecosystem. Future city-level hubs will leverage Geespace’s low-Earth-orbit satellite network. This connection ensures high-precision positioning and ubiquitous communication coverage.
These technologies facilitate a seamless “sky-ground-space” mobility network. The integration allows for efficient coordination between ground-based Robotaxis and future aerial mobility solutions.
Operational Technology and Partnerships
CaoCao is advancing its Robotaxi 2.0 phase by enhancing large-scale fleet operations. The company introduced the CaoCao Intelligent Mobility RAS platform to manage digital assets and integrate smart cockpit technologies. This approach creates a closed-loop system designed to optimize safety and efficiency in driverless operations.
Strategic Collaborations
To further these capabilities, CaoCao signed a strategic partnership with Afari Technology. This collaboration leverages Geely’s technology ecosystem to accelerate the commercial deployment of autonomous driving solutions. By combining manufacturing expertise with operational data, the partners aim to build a competitive moat in the intelligent mobility sector.
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