Share Price Surges, CaoCao Accelerates Robotaxi Commercialization with Driverless Testing, Shanghai Deployment and Global Expansion Strategy
HangZhou, China, May 26, 2026 (GLOBE NEWSWIRE) -- CaoCao Inc. (02643.HK) is accelerating the commercialization of its Robotaxi business, marking a major step in its transformation from a traditional mobility platform into an intelligent driving services platform. With driverless testing approval in Hangzhou, planned deployment of 100 Robotaxis in Shanghai, the development of a purpose-built Robotaxi model, and strategic positioning in Hong Kong for global right-hand-drive markets, CaoCao is building a clearer and more comprehensive roadmap for large-scale autonomous mobility operations. The company’s accelerated commercialization progress has drawn increasing attention from the capital market. On May 22, CaoCao’s shares closed at HKD 28.6, rising more than 22% over two trading days , making it one of the most closely watched stocks in Hong Kong’s intelligent mobility sector. The rally reflects growing investor recognition that CaoCao’s long-term value may be increasingly defined ...