Caocao Ride Partners With K2 Group to Deploy First Robotaxi Fleet in Abu Dhabi This Year

According to Zhitong Finance, Caocao Ride (02643) and Abu Dhabi government-backed AI technology company K2 Group have announced a strategic partnership to jointly advance robotaxi commercial deployment and operations in the UAE. Local testing in Abu Dhabi will commence within 2026, with plans to deploy the first batch of robotaxi vehicles. The two companies will collaborate to build local robotaxi service infrastructure and explore broader cooperation in autonomous driving across additional regions.
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