Zhejiang Geely Holding Group Co. is set to expand its role as a mobility service provider as its ride-hailing arm, Caocao Chuxing, prepares to offer car-sharing services in September.
Caocao will initially recruit owners of Geely-brand cars to provide car-sharing services, according to a plan Caocao disclosed last week.
The car-sharing service will feature cars and light trucks equipped with a vehicle connectivity system developed by Geely.
More than 20 models under the Geely brand, including sedans, crossovers and multi-purpose vehicles, have been fitted with the system, according to Caocao.
Caocao, created in 2015 in the east China city of Hangzhou, operates a fleet of some 42,000 Geely-badged electric vehicles in 37 cities in China. More than 26.6 million users have registered for its ride-hailing services, Caocao said.
In addition to Caocao, Geely Group also incorporated a mobility services joint venture with Daimler in Hangzhou in May. The mobility venture plans to initially use several Mercedes-Benz models including the S- and E-Class sedans and V-Class multi-purpose vehicles to provide ride hailing services in select Chinese cities.
Geely Group acquired a 9.69-percent stake in Daimler in 2018. It also owns Volvo Car Corp.