On August 27, Caocao Mobility unveiled its financial results for the first half of 2026, posting a total revenue of 10.3 billion yuan for the period, marking a 9.0% year-on-year growth. Specifically, revenue generated from mobility services soared to 9.80 billion yuan, representing a significant 13.9% increase compared to the same period last year. Moreover, the company's gross profit margin saw a positive shift, climbing from 8.7% in the corresponding period of the previous year to 9.0%.
Caocao Mobility has already deployed 140 second-generation Robotaxis and is set to further expand its fleet in the latter half of the year. It plans to launch its services in Hong Kong and Abu Dhabi. Looking ahead, the third-generation Robotaxi, named 'Eva Cab,' is anticipated to commence mass production and make its market debut next year.
In addition to these developments, Caocao Mobility became one of the inaugural mobility industry partners to join the Doubao AI ecosystem. In June 2026, the company initiated a grayscale pilot project as part of this collaboration.
