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Pony.ai raises $400 million from Toyota for autonomous driving development

February 26, 2020 by Sam Francis Leave a Comment

Pony.ai, an autonomous driving company, has raised $400 million from Toyota to deepen and expand the two companies’ collaboration in mobility services.

The investment comes as an extension of a business partnership that was formed between Pony.ai and Toyota in 2019.

Building upon the foundation established last year, both companies will further advance their joint efforts in autonomous driving technology development and mobility service deployment. [Read more…] about Pony.ai raises $400 million from Toyota for autonomous driving development

City of Fremont and Pony.ai launch autonomous vehicle commuter pilot program

February 26, 2020 by Sam Francis Leave a Comment

The City of Fremont and autonomous technology company Pony.ai have launched a pilot program offering rides for a group of City employees via Pony.ai’s shared, on-demand, autonomous last-mile service.

The participating employees will ride in Pony.ai autonomous vehicles from Fremont’s Amtrak/ACE Station to City Hall and City of Fremont Development Services Center.

Fremont Mayor Lily Mei says: “By partnering with a local autonomous technology firm Pony.ai, the City of Fremont is acting as a test bed for a transportation solution that has the potential to alleviate congestion, reduce carbon emissions, decrease the number of traffic accidents, and optimize vehicle and land usage. [Read more…] about City of Fremont and Pony.ai launch autonomous vehicle commuter pilot program

Hyundai unveils autonomous electric car for free ride-sharing in California

October 29, 2019 by Mai Tao

Hyundai, in collaboration with Pony.ai and Via, has unveiled BotRide, a shared, on-demand, autonomous vehicle service operating on public roads.

Starting on November 4, a fleet of self-driving Hyundai Kona Electric SUVs will provide a free ride-sharing service to the local community of Irvine, California.

Christopher Chang, head of business development, strategy and technology division, Hyundai, says: “The pilot introduces BotRide to several hundred Irvine residents, including college students. The goal is to study consumer behavior in an autonomous ride-sharing environment. [Read more…] about Hyundai unveils autonomous electric car for free ride-sharing in California