On August 27, CaoCao Mobility (02643.HK) released its interim results for the six months ended June 30, 2026. The report shows that the company’s total revenue for the first half reached RMB10.3 billion, up 9.0% year on year, and mobility service revenue reached RMB9.8 billion, up 13.9% year on year. While its core business maintained growth, the company is undergoing a comprehensive AI transformation, advancing the RoboX strategy​ and incorporating Robotaxi into its smart mobility technology layout. This earnings disclosure also provides a business perspective for observing the industrial development behind China’s Robotaxi News: how traditional mobility platforms can extend existing operational capabilities to autonomous driving services.

Platform scale is an important foundation for CaoCao Mobility’s business transformation. As of June 30, 2026, the company’s service network covered 215 cities across China, with 20 new cities added in the first half. Average monthly active users reached 44.6 million, up 17.1% year on year, and average monthly active drivers reached 758,000, up 36.8% year on year. Over the same period, gross margin improved to 9.0% from 8.7% in the prior year. The “CaoCao Brain” transaction engine optimizes supply-demand matching through AI, enabling intelligent dispatching capabilities to be continuously integrated into daily mobility operations.

On this basis, CaoCao Mobility launched the RoboX strategy​ on June 18, 2026, proposing to build a world-leading physical AI mobility technology platform around the trinity development model of “intelligent purpose-built vehicles + intelligent driving technology + intelligent operations“. This strategy incorporates vehicle R&D, intelligent driving, capacity dispatching, and operational services into an overall framework, making Robotaxi not just a standalone vehicle R&D project, but forming synergy with platform operations and intelligent services.

As of now, CaoCao Mobility has deployed over 200 second-generation Robotaxis and continues to advance subsequent model R&D. The third-generation natively developed purpose-built Robotaxi​ model, Eva Cab, was unveiled in the first half of 2026, adopting a no-front-passenger-seat, steering-wheel-free design and developed for autonomous driving operational scenarios. According to the plan, the CaoCao Mobility customized version will enter mass production in 2027, and the company plans to deploy 100,000 Robotaxis by 2030. For China’s Robotaxi News, whether vehicle R&D and operational systems can advance synchronously will affect the subsequent scaled deployment process.

The service entry points for smart mobility are also changing. CaoCao Mobility joined the Doubao AI ecosystem in June 2026 and jointly built an AI ride-hailing service with Doubao; in September, the service officially launched in Beijing, Hangzhou, and Suzhou, and was subsequently integrated into the consumer version of the Doubao mobile assistant. After users express travel needs via AI, the system can further connect to actual mobility services. Meanwhile, the company is advancing cooperation with AI entry points such as Honor YOYO, OPPO Xiaobu, and Qwen AI Glasses, exploring ways to connect agents with real-world capacity.

In terms of operational support, CaoCao Mobility’s Green Intelligent Mobility Hub​ integrates functions such as energy replenishment, vehicle cleaning, preparation, and intelligent dispatching to support Robotaxi fleet operations. In overseas markets, the company has designated Hong Kong, China and the United Arab Emirates as key markets and is advancing cooperation plans with Octopus. In 2026, the company cooperated with the Abu Dhabi Investment Office and advanced cooperation with K2 Group and May Mobility to explore overseas Robotaxi deployment and operations.

From the interim results and business planning, it can be seen that CaoCao Mobility’s Robotaxi layout is built upon its existing mobility network and extends to vehicle R&D, AI interaction, and operational support. The industrial changes reflected in China’s Robotaxi News​ no longer only involve autonomous driving technology itself, but also include platform dispatching, service entry points, infrastructure, and cross-market operations. CaoCao Mobility is incorporating these capabilities into an overall smart mobility system through the RoboX strategy.