Pony.ai’s Post

Our portfolio company, Pony.ai, has signed a strategic partnership with GAC AION at GAC’s Guangzhou headquarters to jointly develop mass-produced driverless #robotaxis. Combining Pony.ai’s seventh-generation autonomous driving system with GAC AION’s vehicles, the first batch of 1,000 robotaxis is expected in 2025, starting in the Greater Bay Area before expanding to other markets. Look forward to the new fully driverless robotaxi and how it advances people’s daily life. #LegendCapital #PortfolioNews #AutonomousDriving #TechInnovation #SmartMobility

The Greater Bay Area (GBA) continues to solidify its position as a global innovation hub for technology and mobility, setting the trends for the future of transportation. The partnership between Pony.ai and GAC AION exemplifies the region's leadership in advancing autonomous driving and sustainable mobility solutions. By leveraging cutting-edge technology and forward-thinking strategies, the GBA is not only revolutionizing mobility within its borders but also influencing global markets. Initiatives like this demonstrate the GBA's pivotal role in shaping the next generation of transportation systems and its commitment to building smarter, more connected cities. Congratulations to Pony.ai and GAC AION for spearheading this exciting new chapter in autonomous mobility! #GreaterBayArea #Innovation #FutureOfMobility #robotaxi Pony.ai

💰 China’s BAIC Group(Beijing Automotive Group CO.,Ltd) (BAIC Group), which owns the premium EV brand ArcfoxGlobal, has invested $70.35 million in the autonomous driving firm Pony.ai, the company stated. Before Pony AI’s IPO, which took place last week, BAIC Group showed interest in the company. The investment follows the agreement between the two companies to develop Level 4 autonomous driving vehicles, converting the Arcfox α T5 model into a fully driverless Robotaxi. The first fleet of α T5-based Robotaxis is expected to be deployed in China by 2025. ✍️ Story by Cláudio Afonso https://lnkd.in/dxJQUnnS #PonyAi #AutonomousVehicles #Automotive #Robotaxi

In the run-up to WeRide's IPO, new attention is getting paid to autonomous vehicles. There are several things that are unique about WeRide: -- Global play: They are the only entity that has gotten licensed to operate autonomous vehicles in China, the US, UAE and Singapore. They are rolling out aggressively outside of China, but also have a large footprint now within China -- Platform play: when we started investing in autonomous vehicles in 2017, there were a host of specialized vehicle start-ups (eg., Nuro, Starship, Braincorp) that created sidewalk delivery vehicles, street sweepers, etc. We didn't invest in any of these, because we felt that the leader in autonomous driving would easily expand to these other use cases. That hasn't really happened in the US, but it has happened in China. WeRide has rolled out autonomous street sweepers, delivery vehicles, minibuses, etc. They have built a platform technology -- Velocity: The US is still the leader for AI innovation. However, China is extremely good at rapid scaling. Self-driving is no different. WeRide has deployed at an order of magnitude greater scale vs. Waymo despite starting much later. https://lnkd.in/gWG3sShg

[Hyundai Mobis to test fully autonomous driving in Incheon] Hyundai MOBIS, an auto parts manufacturer under Hyundai Motor Group, said Monday that it will begin conducting test rides of level 4 autonomous driving in Incheon this month to accelerate the commercialization of self-driving vehicles. The Society of Automotive Engineers categorizes autonomous driving in six levels, ranging from 0 to 5. Level 4 autonomous driving requires the vehicle to perform the majority of driving tasks independently. The auto parts maker signed a memorandum of understanding with the Incheon Free Economic Zone and Incheon Technopark to join efforts to nurture startups that can innovate smart mobility. According to Hyundai Mobis, about 20 startups, partner firms, research institutes and universities will participate in the test-driving project. Tap below to read full story. #auto #parts #Hyundai #MOBIS #test #drive #autonomous #smart #mobility https://lnkd.in/gN-Ji7Wk

🤝 China’s GAC MOTOR Group EV brand Aion has announced a partnership with autonomous driving company Pony.ai to develop a commercially viable mass-production Robotaxi model. The companies plan to launch at least 1,000 Aion Robotaxi units, with the first batch slated for deployment already next year. The rollout will initially focus on China’s Greater Bay Area, with plans to expand to other regions and international markets. ✍️ Story by Cláudio Afonso https://lnkd.in/dBiVDQPD #PonyAI #GAC #Aion #AutonomousVehicles #Automotive #Robotaxi

Hyundai Motor Company (현대자동차) and Waymo enter multi-year strategic partnership The first phase of this agreement will see #Waymo’s fully autonomous technology integrated into #Hyundai’s all-electric #Ioniq 5 model.   Tekedra N. Mawakana, Waymo co-CEO, said “Hyundai’s focus on #sustainability and strong #electricvehicle roadmap make them a great partner for us as we bring our fully autonomous service to more riders in more places.” José Muñoz, president and global COO of Hyundai Motor Company, and president and CEO of Hyundai Motor North America, said, “The team at our new manufacturing facility is ready to allocate a significant number of vehicles for the #WaymoOne fleet as it continues to expand." Read more here: https://lnkd.in/eGKDpG3Z #AutonomousVehicles #AV #SelfDriving #ADAS #AutonomousDriving #Automotive #AutomotiveIndustry #Transportation #Technology #FutureMobility #Sustainability #AVTExpoStuttgart #AVTExpoCA #ukimediaevents

Happy New Year. This is a huge scoop for me right at the start of the new year. Whaledynamic, in which Kudan has invested, has also formed a technical partnership with PIXMoving. Also, Tier IV, which developed the autonomous driving platform Auto Wave, is connected to PIXMoving, Tier IV, Kudan, and Tier IV and WhaleDynamic. And PIXMoving will work with TIS to build a manufacturing plant for autonomous vehicles in Japan. They will manufacture autonomous vehicles not in China, America, Indonesia, etc., but in Japan.

German auto manufacturers see autonomous driving as a ‘huge opportunity,’ according to Robert Habeck. As innovation accelerates, this technology is set to redefine the future of mobility and strengthen Germany's position in the global automotive industry. #AutonomousDriving #GermanAuto #Innovation #Mobility #FutureOfTransport #electricvehiclesnews #evtimes #autoevtimes #evbusines

China has taken a significant leap forward in autonomous driving technology with Geely Auto's successful testing of driverless drifting on ice and snow. This groundbreaking achievement marks a major milestone in the country's pursuit of becoming a leader in the field of electric and autonomous vehicles. Geely Auto, a leading Chinese automaker, has been at the forefront of innovation in the industry, and its latest breakthrough is a testament to the company's commitment to pushing the boundaries of what is possible with autonomous technology. The driverless drifting technology uses a combination of advanced sensors, GPS, and AI algorithms to navigate the vehicle and make split-second decisions. The vehicle's AI system executes the drift by analyzing road conditions, determining the optimal speed and steering angle, and making continuous adjustments to maintain the drift and control the vehicle's trajectory. Geely's technology also prioritizes safety through robust active avoidance and braking systems, multiple redundancies, and fail-safes to ensure reliable operation. The company has conducted extensive testing and validation procedures to ensure the technology's performance and reliability. This achievement has significant implications for the future of transportation in China, where the government has set ambitious targets for the adoption of electric and autonomous vehicles. With Geely Auto's driverless drifting technology, the country is poised to take a leading role in the global autonomous driving industry. In addition, Geely's innovation is expected to have a ripple effect on the broader automotive industry, driving innovation and competition among other manufacturers. As autonomous technology continues to evolve, it is likely to transform the way people travel, making transportation safer, more efficient, and more accessible. . . . #China #GeelyAuto #AutonomousDriving #DriverlessDrifting #ElectricVehicles #Innovation #Transportation #Safety #Technology #ArtificialIntelligence #AI #AutonomousVehicles #SelfDrivingCars #FutureOfTransportation #Mobility #Sustainability #tribunetrends