Tag: pony.ai

By on February 26, 2020

Last year, Toyota and Pony.ai announced a pilot project to test autonomous vehicles in Chinese cities, with an aim to continue working together on self-driving projects in Asia. The time for strengthening the relationship is now, with Pony confirming it had received a $400 million investment from the Japanese automaker as part of its latest funding roundup.

Toyota doesn’t have an exclusive arrangement with the startup and is free to work with other companies. Pony already has other investors on board, operating autonomous testing hubs in California, Beijing, and Guangzhou. However, the investment from Toyota could mean it’s about to become a whole lot more important to the business, as the pair are already discussing new ways to collaborate once they’ve finished fielding testbed Lexus RXs to sharpen the firm’s software.  (Read More…)

Recent Comments

  • EBFlex: This is laughably bad. Far more money and weight and it only has an 80 mile range? And after that you are...
  • Astigmatism: So, in your view, Biden nixing a single in-process pipeline is more responsible for raising oil prices...
  • el scotto: @TimK Depends on the engine. Turbos have changed from the 80’s when you had to let them run for a...
  • el scotto: Since 2016? The sharks, I mean class-action lawsuit lawyers are in a frenzy. Most manufacturers just say...
  • el scotto: @redapple, Sir, some alternative thoughts. My grandpa had a John Deere Gator. He used it 2-3 days a week...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber