Lotus Technology (LOT) announced Lotus Robotics, its intelligent driving arm, has established a strategic partnership with CaoCao Mobility, a prominent ride-hailing service provider in China. Lotus Robotics and CaoCao Mobility have launched an innovative intelligent mobility platform for robotaxis, representing a major breakthrough in intelligent mobility for the rail-hailing industry. This partnership integrates Lotus Robotics’ cutting-edge intelligent driving solutions with CaoCao Mobility’s proven operational expertise in large-scale ride-hailing services to accelerate the deployment of intelligent ride-hailing services across China and beyond.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOT:
- Lotus Technology files $1.4B mixed securities shelf
- Lotus Technology Secures $70 Million Through Convertible Notes with Geely
- Lotus Technology Strengthens Leadership with New Director Appointment
- Lotus Technology Reports 70% Surge in 2024 Vehicle Deliveries
- Lotus Technology reports 2024 deliveries up 70% y/y