Pony.ai was founded in Silicon Valley with a mission to revolutionize the transportation future by building the safest and most reliable technology for autonomous vehicles at a global scale. Since their founding in Fremont, California in late 2016, Pony.ai have pioneered autonomous mobility deployment to benefit people in both the US and China. Pony.ai are the first to launch and offer a public-facing Robotaxi service in California and in China.

Pony.ai raises $100 million more to advance its autonomous vehicle tech

The funds bring the company’s total raised to over $1 billion at a post-money valuation of $5.3 billion, up from $3 billion as of February 2020.

Chinese driverless car firm Pony.ai valued at $5.3 billion after new cash injection

The company, which has headquarters in California and the southern Chinese city of Guangzhou, has been testing autonomous cars on the roads.

Surprise! 2020 Is Not the Year for Self-Driving Cars

The AV industry has had to reset expectations as it shifts its focus to Level 4 autonomy.

Chinese driverless car firm launches autonomous deliveries in California as lockdown continues

Pony.ai, with its fleet of 10 vehicles, has teamed up with e-commerce site Yamibuy for the delivery initiative.

Autonomous grocery delivery headed to Irvine, California amid coronavirus

Pony.ai, a Toyota-backed self-driving car startup, will use its autonomous cars to deliver groceries.

Coronavirus fears halt autonomous vehicle testing for Uber, Cruise, Aurora, Argo AI, Waymo, and others

Uber, GM’s Cruise, Aurora, Argo AI, and Pony.ai are among the companies that have suspended driverless vehicle programs in the hopes of limiting contact between drivers and riders.

Autonomous driving startup Pony.ai raises $500 million in Toyota-led funding

Autonomous driving firm Pony.ai has raised around $500 million in its latest funding round, led by an investment by Japan’s largest automaker Toyota Motor Corp, two people with direct knowledge of the matter told Reuters.