Cao Cao Mobility
Founded Year
2015Stage
IPO | IPOTotal Raised
$968.86MDate of IPO
6/25/2025Market Cap
27.23BStock Price
49.20About Cao Cao Mobility
Cao Cao Mobility is a company that provides taxi services and offers a range of vehicles, including taxis and public service vehicles. It is committed to blending electric vehicle platforms, autonomous driving technologies, intelligent dispatch systems, and internet-connected car solutions. It was founded in 2015 and is based in Suzhou, China.
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Expert Collections containing Cao Cao Mobility
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cao Cao Mobility is included in 3 Expert Collections, including Auto Tech.
Auto Tech
4,189 items
Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.
Unicorns- Billion Dollar Startups
1,309 items
Mobility-as-a-Service
615 items
Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.
Latest Cao Cao Mobility News
Nov 12, 2025
WeRide, based in Guangzhou, has received approval from UAE authorities to operate Level 4 autonomous vehicles in Abu Dhabi, allowing robotaxis to run without a safety operator. Level 4 autonomy allows vehicles to drive without human intervention in most situations. WeRide began testing in Abu Dhabi in 2021 through a partnership with local robotaxi platform TXAI, and extended its reach by working with Uber in 2024. The company plans to expand its service to areas such as Khalifa City and Masdar City by the end of 2025, with rides available via both TXAI and Uber. WeRide aims to grow its Middle East fleet to 1,000 vehicles by 2026. On the same day, CaoCao, a Geely-backed ride-hailing firm, announced a partnership with Abu Dhabi Investment Office to explore autonomous taxi services in the city. 🧠 Food for thought Implications, context, and why it matters. A 1,000-vehicle autonomous vehicle (AV) fleet by 2026 opens gaps for charging and depots Scaling to 1,000 robotaxis in Abu Dhabi's hot, sandy climate will need fast chargers with high uptime and depot energy tools . Only ADNOC Distribution's E2GO is named. Abu Dhabi expects up to 70,000 charging points by 2030 . E2GO backs that push while depots need dense high-power layouts that differ from public sites . Depot hardware and software vendors can fill that gap. Property groups can pursue depot sites with facility operators in Khalifa City or Masdar City expansion zones . Vendors for thermal management or predictive maintenance or remote monitoring can pitch WeRide, Baidu, and CaoCao now. Depot work often starts 12 to 18 months before deliveries. Recent WeRide developments How would you feel if you could no longer use Tech in Asia? Share, tag us, and land on our Wall of ❤️!
Cao Cao Mobility Frequently Asked Questions (FAQ)
When was Cao Cao Mobility founded?
Cao Cao Mobility was founded in 2015.
Where is Cao Cao Mobility's headquarters?
Cao Cao Mobility's headquarters is located at No. 66, Lugang Street, High-speed Railway New Town, Xiangcheng District, Suzhou.
What is Cao Cao Mobility's latest funding round?
Cao Cao Mobility's latest funding round is IPO.
How much did Cao Cao Mobility raise?
Cao Cao Mobility raised a total of $968.86M.
Who are the investors of Cao Cao Mobility?
Investors of Cao Cao Mobility include Suzhou Ventures Group, Xiangcheng Financial Holdings, Geely Holding Group, Zhongrong International Trust and People Electrical Appliance Group China.
Who are Cao Cao Mobility's competitors?
Competitors of Cao Cao Mobility include AIWAYS, Shouqi Limousine & Chauffeur, UISEE Technology, DiDi, UCAR Group and 7 more.
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Compare Cao Cao Mobility to Competitors
Shouqi Limousine & Chauffeur specializes in digital transportation services within the ride-hailing industry. The company offers a range of services, including immediate and scheduled car usage, multi-day transportation, daily and half-day rentals, airport transfers, and various customized travel solutions. Shouqi Limousine & Chauffeur primarily caters to corporate and individual clients requiring high-quality and reliable transportation. It was founded in 2015 and is based in Beijing, China.
eDaijia operates within the transportation sector and offers services including corporate VIP chauffeur management, business chauffeur bookings, and chauffeur recruitment. eDaijia caters to various sectors, including corporate clients in need of executive car services and individuals seeking chauffeur services. It is based in Beijing, Beijing.
Haha Travel focuses on urban public transportation services within the transportation sector. The company provides city bus services, subway services, and urban bike rentals, all accessible through a transportation app platform. Haha Travel serves urban residents seeking transportation options. It was founded in 2014 and is based in Zhengzhou, China.
Haha Pinche is a Beijing-based company offering a carpooling app. Haha validates drivers, lets users schedule rides and make payments to the car owner.
Dingding Yueche provides a multi-purpose ride service platform. The company offers multiple app-based transportation options, including taxi hailing, private car-hailing, ride-sharing, chauffeuring, and buses in many cities across the country. It was founded in 2014 and is based in Beijing, China.
UCAR Group is an app-based chauffeured-driven car-on-demand services provider. UCAR focuses on mobility and automobile value chain, and comprises three business segments, namely Shenzhou Zhuanche, Shenzhou Maimaiche and Shenzhou Shandai.
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