Pony.ai
Pony.ai becomes China's highest-valued company in automated driving after new funding round
Chinese self-driving startup Pony.ai announced on November 6 that it has raised a total of $267 million in Series C funding. With this round of funding, Pony.ai has raised more than $1 billion in total funding and is valued at more than $5.3 billion, making it the most highly valued company in China's automated driving space.
Self-driving road test report shows 12 firms drove 880,000 km in Beijing last year
Following the California DMV's 2019 self-driving road test report, the Beijing road test report has also been released.
Pony.ai valued at $3 billion in Series B funding, record high in China's self-driving industry
On February 26, autonomous driving company Pony.ai announced that it had raised $400 million in financing from Toyota Motor Corporation to deepen and expand cooperation between the two companies in the field of mobility.