
Caocao Mobility Plans Carbon Neutral Operations in 2023, Net Zero in 2035
Caocao Mobility, the ride-hailing unit of Chinese automaker Geely Holding Group, announced on January 13 a corporate goal to achieve carbon neutrality.
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Caocao Mobility, the ride-hailing unit of Chinese automaker Geely Holding Group, announced on January 13 a corporate goal to achieve carbon neutrality.
In an open letter, Sun Shu, CEO of Didi's ride-hailing branch and head of the Drivers Committee, addressed commission rate policies and disclosed information about wage compensations.
Pony.ai, an autonomous driving company, announced on August 2 that it has reached a cooperation agreement with Chinese online ride-hailing platform Caocao Mobility, whereby the two sides will jointly promote the large-scale application of urban robotaxi services.
After over a year of being reviewed by Chinese regulators, online ride-hailing platform Didi officially announced on January 16 that it has resumed new user registration.
Besides heightened regulatory pressure from authorities, an increasingly shrill blend of nationalist and anti-capitalist sentiment among Chinese netizens has also acted as a catalyst for Didi’s turmoil, creating an unprecedented scenario on social media.
According to Reuters, a recruitment notice released by Didi has shown that the company is preparing to launch services in Costa Rica in Central America.
China FAW Group is reportedly considering acquiring a significant amount of shares in ride-hailing giant Didi. FAW has responded to domestic media, stating: "It's not true."
Zhou Hang, the founder of Chinese ride-hailing platform Yidao Yongche, has become the chairman of Caocao Mobility, a strategically-invested business of major Chinese vehicle maker Geely.
Leading Chinese ride-hailing platform Didi Chuxing was said to seek filing for an initial public offering in Hong Kong with a target valuation of $60 billion, Reuters reported, citing people familiar with the matter.
Hangzhou Youxing Technology Co., Ltd., the parent company of Caocao Mobility, has recently completed a change in legal representation. As a result, Liu Jinliang will no longer serve as its legal representative.
Chinese ride-hailing giant Didi's new energy vehicle will be manufactured by automaker Zedriv with the company's factory in Ganzhou, Jiangxi Province about to be renovated for the new contract with Didi.
Chinese ride-hailing platform Didi's internal project "Honghu" has now developed at least 50 driver-side apps and has connected to nearly 90 online ride-hailing companies.