Caocao to launch car-sharing service with Geely cars in China in September

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.

More than 26.6 million users have registered for its ride-hailing services, Caocao said.