CAOCAO INC (02643) has reached a strategic cooperation agreement with K2 Group to deploy the first batch of Robotaxi vehicles in Abu Dhabi within the year.
Both sides will work together to promote the construction of the local Robotaxi service system, and will seek further cooperation in a larger and more diverse range of areas in the field of autonomous driving.
CAOCAO INC (02643) announced a strategic partnership with K2 Group, an AI technology company owned by the government of Abu Dhabi. Both parties will collaborate to promote the deployment and operation of Robotaxi services in the United Arab Emirates. They plan to begin local testing in Abu Dhabi within the year and intend to introduce the first batch of Robotaxi vehicles. Together, they will work towards establishing a local Robotaxi service system and will seek to expand cooperation in autonomous driving in a wider range of areas.
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