CAOCAO INC (02643) rose more than 6%, with the stock up 6.13% to HK$37.06 at the time of writing, generating a turnover of HK$124 million. The company recently announced that its Robotaxi fleet deployed in the Binjiang District of Hangzhou has reached a scale of 100 vehicles. This deployment marks a key starting point for CAOCAO INC's Robotaxi 2.0 phase. As the fleet size increases, the company will further validate service reliability and optimize operational processes and passenger experience.

Concurrently, the company has launched the world's first "Green Intelligent Transit Hub" in Hangzhou, which features automated battery swapping, cleaning, interior vehicle management, intelligent dispatch, and automatic settlement systems. This facility will support fleet operations while enhancing the automated management capabilities of large-scale Robotaxi services.

Dongwu Securities stated that CAOCAO INC has a clear commercialization path for its Robotaxi business, building a closed-loop ecosystem integrating vehicle technology and operations. Guotai Haitong Securities noted that, in anticipation of the future of mobility, the company is upgrading its strategy from "N-Cube" to "F-Cube," focusing on fully intelligent customized vehicles, autonomous driving, and automated operation systems.

Leveraging technological support from Geely's "Qianli Zhijia" initiative, the company plans to launch a customized L4-level Robotaxi model by 2026 and has set a global strategic target of "expanding to 100 cities over ten years with revenue reaching hundreds of billions." As driver cost structures are reshaped, Robotaxi services are expected to redefine the industry's profitability ceiling.