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2021-06-28

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Toyota Backed Driverless Startup Pony.ai Aims US Listing: Reuters

Toyota Motor Corp (NYSE: TM) backed autonomous driving tech company, Pony.ai, is eyeing U.S. listing

Toyota Backed Driverless Startup Pony.ai Aims US Listing: Reuters

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It has also been testing driverless vehicles in Guangzhou, China.</li>\n <li>Pony.ai has operated robotaxi services with safety drivers behind the wheel in China and Irvine, California.</li>\n <li>Challenges like reducing manufacturing costs for driverless vehicles while expanding geographically and ensuring safety in different environments loom.</li>\n <li><b>Price action:</b>&nbsp;TM shares traded higher by 0.39% at $178.36 on the last check Friday.</li>\n</ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toyota Backed Driverless Startup Pony.ai Aims US Listing: Reuters</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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The total funding includes $462 million from Toyota.\nEarlier in June, Pony.ai admitted to driverless testing on public roads in California's Fremont and Milpitas ahead of the 2022 robotaxi service launch. 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