Pony.ai and Toyota Join Forces to Mass Produce Fully Unmanned Robotaxis in China: Know All the Details

2023-08-07 16:33:35

Unmanned driving technology developer Pony.ai and Toyota are teaming up to create fully unmanned robotaxis.

Here’s what we know

The cooperation will start this year. The joint venture between Toyota China and GAC has set aside regarding $139 million for this purpose.

The investment will follow Toyota’s announcement of a $400 million investment in Pony.ai in 2020. After that, the automaker promised to provide developers with an unspecified number of its electric vehicles to convert into robotaxis. .

Since its founding in 2016, Pony.ai has raised over $1 billion.

Source : TechCrunch

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