Found in Robotics News & Content, with a score of 12.47
August 07, 2023
…taxicabs are advancing worldwide, particularly in Asia. Last week, Pony.ai Inc. held a joint venture signing ceremony today with Toyota Motor (China) Investment Co. and GAC Toyota Motor Co. The three parties said they will work together toward mass production and large-scale deployment of fully self-driving robotaxis. Founded in 2016, Pony.ai said its goal is “to bring safe, sustainable, and accessible mobility to the entire world.” The Fremont, Calif.-based company, which raised Series D funding last year, has been rapidly extending its autonomous vehicle technologies at multiple sites. Pony.ai said its systems have driven more than 24 million km (14.9…
Found in Robotics News & Content, with a score of 0.63
August 17, 2022
…2020 and 2025. EqualOcean forecast growth to $52.3 billion in China alone by 2030. In April, Baidu Inc. and Pony.ai also said they had received permission to operate autonomous robotaxis in Beijing, but safety drivers are still required. In July, Baidu announced the Apollo RT6, an electric, production-ready model with a detachable steering wheel. Last week, the company said it had obtained the first permits for fully driverless ride-hailing services.
Found in Robotics News & Content, with a score of 14.16
April 26, 2022
Self-driving technology company Pony.ai today announced it will integrate its virtual driver technology into GAC Motors vehicles for the Ontime ride-hailing platform. The service will launch with an initial fleet of approximately 100 autonomous driving Ontime vehicles. In addition, riders will be able to request Pony.ai autonomous vehicles through the Ontime App as well as through Pony.ai’s own PonyPilot+ App. Triade teams up Ontime is one of China’s leading ride-hailing providers, offering a wide range of app-based ride-hailing services across the cities of China’s Greater Bay Area, such as Guangzhou, Foshan, Zhuhai, Shenzhen, and Dongguan. GAC is one of China’s…
Found in Robotics News & Content, with a score of 10.48
March 07, 2022
Pony.ai Inc., which has been developing autonomous driving technology, today announced that it has completed the first close of its Series D financing round but did not specify how much money it received. The Fremont, Calif.-based company said the latest funding round brings its total valuation to $8.5 billion. It was previously valued at $5.3 billion in November 2020. The Series D round provides a significiant increase from Pony's valuation after its Series C and C+ rounds in 2020, it said. Funds to enable hiring, mass production Founded in 2016, Pony.ai has designed and tested autonomous mobility technologies and services…
Found in Robotics News & Content, with a score of 0.44
January 18, 2022
…300 companies such as Alibaba, Chewy, Devoted Health, Made.com, Pony.ai, Toast, and WuXi PharmaTech. 7bridges added that it is partnering with Maersk Growth to combine its specialized AI and Maersk's global logistics network and data for predictive analysis and more informed decision making. “The last two years have drawn supply chains directly into the commercial spotlight,” said Oliver Finch, investment partner at Maersk Growth. “There is an urgent need to innovate in the sector and maintain access to goods we rely on.” “7bridges have developed a novel technology solution to digitalise the design, management and optimisation of supply chains,” he…
Found in Robotics News & Content, with a score of 0.59
November 09, 2021
…more than half think autonomous vehicles could benefit their communities, said the companies. Other robotaxi developers include AutoX, DeepRoute, Pony.ai, and WeRide. Motional and Lyft said that multimodal ride-hail networks could provide improved and safer transportation options for millions of Americans.
Found in Robotics News & Content, with a score of 9.55
June 17, 2021
Pony.ai Inc. this week said it has begun testing fully driverless vehicles on public roads in Fremont and Milpitas, Calif., in addition to testing in Guangzhou, China. The company claimed that it is the first to conduct fully autonomous vehicle testing “across two of the world's most dynamic mobility markets.” “Going completely driverless is key to achieving full autonomy and an indispensable catalyst to realizing our ambitious vision,” said James Peng, founder and CEO of Pony.ai. “As we continue to grow and scale, we extended our community responsibility from contactless delivery services throughout the pandemic in California last year to…
Found in Robotics News & Content, with a score of 2.07
June 01, 2021
…valuation DiDi Autonomous Driving will surpass that of rival Pony.ai, which raised $100 million in February, which wasn't even among the biggest autonomous vehicle or robotics transactions of the first quarter. Pony.ai has been testing its autonomous vehicles in the Beijing Intelligent Connected Vehicle Policy Pilot Zone, received permission last week to test in three California cities, and recently partnered with lidar provider Luminar Technologies Inc. DiDi Autonomous Driving has also partnered with Volvo Cars, which will provide XC90 cars for its self-driving test fleet. The cars will include backup systems for steering and braking in addition to DiDi's autonomy…
Found in Robotics News & Content, with a score of 9.97
May 10, 2021
…its first 100 days of robotic taxicab service. Today, Pony.ai Inc. introduced a new sensing platform designed in collaboration with Luminar Technologies Inc. Pony.ai also said it has driven more than 5 million kilometers (3.1 million mi.) across an operational coverage area of over 850 km² (528 sq. mi.) and has provided more than 220,000 robotaxi rides. “Partnering with Luminar is a critical enabling milestone for Pony.ai as we build our next-generation system and prepare for large-scale series production,” stated James Peng, founder and CEO of Pony.ai. “Luminar is in a league of their own when it comes to lidar…
Found in Robotics News & Content, with a score of 0.57
March 30, 2021
…Capital's investment portfolio includes Ctrip.com, YY, Xiaomi Corp., Kingsoft Office, Agora, Xiaopeng Motors, Kuaishou, We Doctor Group, SenseTime, and Pony.ai.
Found in Robotics News & Content, with a score of 0.23
September 15, 2020
…reported, “Waymo, Uber, GM’s Cruise, Aurora, Argo AI and Pony.ai are among the companies that have suspended driverless vehicle programs in the hopes of limiting contact between drivers and riders” (“Coronavirus fears halt autonomous vehicle testing”). In theory, the significantly lighter traffic during the shutdown seems to offer an opportunity to ramp up road testing, but in practice, the 6-feet-apart social-distancing requirements make it difficult to run tests even with the smallest possible team—two people. “Near-empty roads create an abnormal condition,” notes Sovani. “This is not ideal for testing, because you don’t want to train an autonomous car that can…
