Ruqi Mobility

The company functions as a comprehensive mobility-as-a-service (MaaS) platform, primarily serving users in China's Greater Bay Area, including major cities like Guangzhou, Shenzhen, and Dongguan. Its business model encompasses several verticals: mobility services, technical services, and ecological services. The core offering is its app-based, AI-powered ride-hailing service which allows users to book various types of rides by providing location and destination details. A significant differentiator is its push into autonomous mobility, where it is developing an open platform for robotaxis. In a move toward commercialization, Ruqi has initiated a hybrid operational model that integrates both human-driven vehicles and autonomous robotaxis, dispatching the most suitable option based on a back-end system's analysis of wait times and routes. Revenue is generated from these ride services, though the company has reported net losses as it invests heavily in growth and technology.

Ruqi Mobility offers a multi-faceted service portfolio that includes online ride-hailing, robotaxi services, and car services. The platform has strategically partnered with leading autonomous driving technology companies like WeRide and Pony.ai, who are also investors, to accelerate the development of its robotaxi fleet. This fleet is intended to expand significantly, supported by a connected vehicle-to-everything (V2X) network. Beyond passenger transport, the company provides technical solutions such as AI data models and high-precision maps, and ecological services that support drivers and capacity franchisees, covering vehicle sales, maintenance, and repair. A key milestone was the launch of its unmanned robotaxi service for commercial demonstration in Guangzhou, a first for a ride-hailing platform in China. The company has pursued public listing to fund its ambitious expansion in autonomous driving research and development.