CaoCao Inc. and Shanghai International Automobile City Forge Strategic Partnership and Plan to Deploy 100 Robotaxis in Shanghai This Year
HangZhou, China, May 15, 2026 (GLOBE NEWSWIRE) -- On May 14, CaoCao Inc. entered into a strategic cooperation agreement with Shanghai International Automobile City (Group) Co., Ltd. CaoCao will establish a wholly owned subsidiary in the core area of Shanghai International Automobile City, providing important support for the future commercialization of Robotaxi operations. In 2026, CaoCao plans to deploy 100 Robotaxis in the area. It is understood that CaoCao will play an active role in the development of the intelligent connected vehicle industry in Shanghai’s Jiading District, driving the rollout and scaled deployment of Robotaxi services in the city and expanding its footprint in top-tier cities. At the same time, Shanghai International Automobile City will support CaoCao in connecting with the city’s rich intelligent connected vehicle innovation resources. By integrating technology R&D, industrial-chain collaboration, and real urban scenarios, the two sides will work together to...