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On November 10, Caocao Chuxing entered into a memorandum of understanding with the Abu Dhabi Investment Office (ADIO), with the ambition to initiate an autonomous driving pilot program in Abu Dhabi. The collaboration between the two entities aims to foster sustainable transportation alternatives, with a particular emphasis on electric and battery-swapping vehicles. This endeavor will involve the introduction of Caocao Chuxing's proven battery-swapping network and operational framework—which has demonstrated its effectiveness in the Chinese market—into Abu Dhabi's burgeoning green energy landscape. Furthermore, the Abu Dhabi Investment Office is set to support Caocao Chuxing in setting up a local office and operations hub, which will act as a strategic linchpin for its foray into the Middle Eastern market.
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