What happened in China In February 2026, CaoCao Inc. — the robotaxi and ride-hailing platform majority-owned by Geely Holding Group — expanded its autonomous fleet in Hangzhou's Binjiang District to 100 vehicles. The deployment was not just a fleet milestone. Alongside it, CaoCao brought online what it describes as the world's first Green Intelligent Mobility Hub: a purpose-built operations facility featuring automated battery swapping, self-cleaning systems, and intelligent vehicle dispatching. The infrastructure signals that CaoCao is no longer just running cars — it is building the operating backbone that a scaled robotaxi network requires. The Hangzhou announcement came days after CaoCao's robotaxi strategy was formally presented at Geely's 2026 global strategy briefing in February. The targets are not modest: CaoCao aims to deploy 100,000 purpose-built robotaxis by 2030. As of December 31, 2025, CaoCao's business scope already covered 195 cities nationwide — giving it a domestic distribution base that…