On November 6, CAOCAO INC (02643) was invited to the "AI + Transportation Innovation Conference" at the 2025 World Internet Conference, sharing insights into the development and achievements of its Robotaxi business. Xuan Jie, head of CAOCAO INC's Robotaxi operations, announced that the company's second-generation Robotaxi model has entered trial operations, while its industry-first "Green Smart Transit Hub" will be operational in Hangzhou by year-end. This innovative facility is expected to provide a systematic solution for the large-scale deployment of Robotaxis.
Xuan Jie emphasized that as Geely Holding Group's key commercialization platform for Robotaxi, CAOCAO INC stands at the intersection of technology, vehicles, and operations, making it one of the few global mobility platforms with full-fledged Robotaxi capabilities. The company has established a three-pronged Robotaxi strategy—"smart customized vehicles, autonomous driving technology, and intelligent operations"—creating a closed-loop resource system and synergy advantages to better support commercialization.
Regarding vehicle development, CAOCAO INC has outlined a clear three-phase roadmap: - The first-generation model was deployed in Hangzhou and Suzhou for pilot applications in February 2025. - The second-generation model is now in trial operations, focusing on scalability and unmanned operation validation. - The third-generation model, currently in R&D, will be fully customized for autonomous driving scenarios with deep design optimizations to meet future mobility demands.
Additionally, CAOCAO INC will implement its self-developed "Central Mobility Brain" in the second-generation Robotaxi fleet. This AI-driven system dynamically optimizes ride-matching strategies based on supply-demand efficiency, enhancing coordination in vehicle dispatch, route planning, and energy management to improve overall road network efficiency. Leveraging a decade of ride-hailing dispatch model expertise, the company can rapidly develop and refine large-scale intelligent dispatch models for autonomous driving scenarios.
Notably, CAOCAO INC revealed that its first "Green Smart Transit Hub" will launch in Hangzhou by year-end. Designed as an integrated service center for Robotaxis, the facility combines smart vehicle management, parking, charging, inspection, and maintenance to enhance safety and operational efficiency. Future expansions may include green energy storage and urban air mobility (UAM) integration, evolving into a multi-modal mobility hub.
"Platform efficiency is critical for Robotaxi commercialization," said Xuan Jie. "Our ride-hailing experience with 'customized vehicles + AI dispatch + service systems' has already optimized operations and reduced costs. With autonomous vehicle iterations and the Green Smart Transit Hub, we will further unlock operational potential and build supply-side advantages in the Robotaxi era."
Industry experts note that CAOCAO INC's integration of Geely's ecosystem strengths and its operational expertise has enabled full-stack capabilities—from vehicle R&D to service deployment—giving it a unique competitive edge in the Robotaxi sector.