Pony.ai, a self-driving tech firm backed by Toyota, is mulling going public to help finance its goal of commercializing driverless ride-hailing, Reuters reported on Friday (June 25). The company, which operates in China and the U.S., hopes to install its technology in hundreds of vehicles...
The California Department of Motor Vehicles has issued a permit for Pony.ai to test driverless vehicles in three cities, a press release says. The driverless vehicles will be tested on public roads in Fremont, Milpitas and Irvine. With the permit, Pony.ai will be allowed to...
Pony.ai, a California developer of self-driving car technology that has landed big investments from Toyota and other major automobile players, has raised another $100 million, Venturebeat reports. Pony.ai was founded in Fremont, Calif., in 2015 by computer scientists with backgrounds at Google and other Silicon...
Driverless car developer Pony.ai is now valued around $5.3 billion, thanks to a recent Series C funding round. The round was led by an investment arm of the Ontario Teachers’ Pension Plan. Other participants included existing investors Fidelity China Special Situations plc and 5Y Capital,...
January 04, 2022
Autonomous driving firm Pony.ai is working with Chinese logistics company Sinotrans to build a smart logistics network that uses autonomous driving trucking technologies, according to a Tuesday (Jan. 4) press release. The operation is expected to begin in the early part of this year and involve a fleet of more than 100 trucks, although that […]
June 25, 2021
Pony.ai, a self-driving tech firm backed by Toyota, is mulling going public to help finance its goal of commercializing driverless ride-hailing, Reuters reported on Friday (June 25). The company, which...
May 23, 2021
The California Department of Motor Vehicles has issued a permit for Pony.ai to test driverless vehicles in three cities, a press release says. The driverless vehicles will be tested on...
February 08, 2021
Pony.ai, a California developer of self-driving car technology that has landed big investments from Toyota and other major automobile players, has raised another $100 million, Venturebeat reports. Pony.ai was founded...