Announcement • Jun 29
CaoCao Inc. Appoints Joseph Sifakis as Chief Scientific Advisor of the CaoCao AI Innovation Center On June 29, Joseph Sifakis was formally invited to serve as Chief Scientific Advisor of the CaoCao AI Innovation Center. He will provide core academic support, a global perspective and strategic roadmap guidance for CaoCao's transformation into an AI-native company. Professor Sifakis is one of the leading pioneers in trustworthy artificial intelligence and complex systems. He has long focused on the safety, reliability and verifiability of complex intelligent systems, with his research widely applied in safety-critical fields such as aerospace and industrial control. In recent years, Professor Sifakis has concentrated on trustworthy AI and autonomous systems. His research aligns closely with the development needs of Robotaxi and other autonomous driving technologies and will provide world-class theoretical guidance and methodological support for CaoCao in building safe, reliable and verifiable autonomous driving services and a physical AI mobility technology platform. This appointment marks Professor Sifakis's first in-depth involvement in shaping the AI strategy of a Chinese technology company. 2643
Live News • Jun 26
CaoCao Partners With May Mobility to Explore Robotaxi Commercialization in Europe CaoCao and autonomous driving company May Mobility have agreed a strategic partnership to explore large-scale commercialization of Robotaxi services, including joint feasibility studies and pilot programs in key international markets such as Europe.
The partnership feeds into CaoCao’s RoboX strategy, with the two companies aiming to build out a global Robotaxi operations network, which could influence how CaoCao allocates capital between traditional ride-hailing and autonomous fleets over time.
CaoCao’s shares last closed at HK$21.00, with the stock down 24.8% over the past week, which frames this expansion push against a backdrop of recent share price pressure.
This tie-up increases execution risk related to CaoCao’s ability to run pilots, manage regulation and turn Robotaxi trials into commercially viable routes before committing larger sums. Announcement • Jun 24
Caocao Inc. Launches Full-Scale Ai Transformation and Unveils Robox Strategy CaoCao Inc. announced the official launch of its full-scale AI transformation at the 2026 International Automotive and Supply Chain Expo (Hong Kong) and unveiled its new RoboX strategy. The Company aims to build a globally leading physical AI mobility technology platform and an intelligent mobility network spanning diverse applications, including Robotaxi and Robovan. By 2030, CaoCao plans to deploy a total of 100,000 Robotaxis and 100,000 Robovans. The Company officially launched its RoboX strategy. CaoCao will comprehensively advance its RoboX business around three core pillars—intelligent driving technologies, intelligent purpose-built vehicles and intelligent operations—and develop an intelligent mobility network covering Robotaxi, Robovan, Robobus, Robotruck and other applications. In the area of intelligent purpose-built vehicles, the Company will leverage the industrial ecosystem advantages of Geely Holding Group to jointly develop intelligent mobility products tailored to different scenarios. In intelligent driving technologies, the Company will focus on Level 4 autonomous driving and continue to improve safety, operational efficiency and cost competitiveness across passenger and freight transportation scenarios. In intelligent operations, the Company will develop infrastructure including an intelligent hybrid dispatching system, an AI Super Brain for Operations and Green Intelligent Mobility Hubs, enabling the efficient coordination of mobility resources and large-scale operations. The Company will embed AI capabilities throughout product R&D, operations management and its business systems, accelerating its transformation into an AI-native company. CaoCao has developed scalable and systematic capabilities in fleet dispatching, asset management, user services and compliance operations, and has built CaoCao Robo OS for the era of intelligent mobility. Serving as the core operations system, Robo OS will provide an end-to-end solution spanning demand understanding, supply-demand matching and service fulfillment. It will support AI agent integration and coordination, enabling efficient connections between AI agents and intelligent mobility resources. As a key target for the next phase of the RoboX strategy, the Company announced its “Dual-100,000 Plan”: by 2030, CaoCao plans to deploy a total of 100,000 Robotaxis and 100,000 Robovans, accelerating the transition of autonomous driving from demonstration operations to large-scale commercial deployment. 
