CaoCao: Asset Management to Decide Autonomous Driving Race, Targets 100k Driverless Cars by 2030
Hongzhou, China, 16th Apr 2026 – As competition in China’s robotaxi sector intensifies, CaoCao(02643.HK), the ride-hailing platform backed by Geely Holding, is striving to become a top-tier industry operator. In a recent exclusive interview, Gong Xin, the company’s Chief Executive Officer, disclosed that CaoCao aims to deploy 100,000 autonomous vehicles by 2030, enhancing operational efficiency through end-to-end control over vehicles, technology and operations.
Gong Xin believes the future of robotaxis hinges on an asset management model built around the closed loop of “vehicle manufacturing, autonomous driving technology and fleet operations”. CaoCao’s initial fleet of 100 autonomous robotaxis has been put into service in Hangzhou at the end of 2025. The company plans to achieve fully dr...
