• Latest
  • Trending
Robotaxi startup Pony.ai gains taxi license

Robotaxi startup Pony.ai gains taxi license

US FAA shifts gears on certifying future flying taxi pilots

US FAA shifts gears on certifying future flying taxi pilots

Ford sells shares in EV maker Rivian for $214 MLN

Ford sells shares in EV maker Rivian for $214 MLN

Fed’s Waller says now is the time to hit it on raising rates

Fed’s Waller says now is the time to hit it on raising rates

All the best is yet to come in Singapore: Blockchain Fest 2022

All the best is yet to come in Singapore: Blockchain Fest 2022

Swiss companies are not hoarding cash

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

US removes Xiaomi from blacklist, reversing late China Jab by Trump

Xiaomi accuses Indian agency of physical violence threats

AIG profit beats estimates on strong underwriting gains

AIG profit beats estimates on strong underwriting gains

Meta to start testing money making tools

Meta opens access to AI large language model

Now You Can Trade Multiple Assets with Fullerton Markets

Now You Can Trade Multiple Assets with Fullerton Markets

Airbnb bets on summer of travel to drive revenue growth

Airbnb bets on summer of travel to drive revenue growth

Lifting the veil of Blockchain Fest 2022 – Cyprus

Lifting the veil of Blockchain Fest 2022 – Cyprus

Intesa CEO says committed to 2022-2025 plan’s goals

Intesa CEO says committed to 2022-2025 plan’s goals

Global Business Review Magazine
Tuesday, May 17, 2022
Nominate Here
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine
No Result
View All Result
Global Business Review Magazine
No Result
View All Result

Robotaxi startup Pony.ai gains taxi license

Robotaxi startup Pony.ai gains taxi license

Self-driving tech company Pony.ai, backed by Toyota Motor Corp, said that it has obtained a taxi license in China. This will allow some of its driverless vehicles to start charging fares. The company said that it was the first autonomous driving company in the country to do so. The startup said that it was awarded the license to operate 100 driverless vehicles in the Guangzhou city district of Nansha.

Pony.ai last year also won approval to launch paid driverless robotaxi services in Beijing and has since begun offering rides. In Beijing, however, rides are being offered in a much smaller, industrial zone on a trial basis. According to the company’s statement, in Nansha it will start charging fares in the entire 800 square km of the district with driverless cars. Passengers can hail and pay for rides with Pony.ai’s own app. Pony.ai will initially deploy those cars with safety drivers but expects to remove them over the short to intermediate time frame.

YOU MAY ALSO LIKE

US FAA shifts gears on certifying future flying taxi pilots

Ford sells shares in EV maker Rivian for $214 MLN

The announcement comes at a time when a host of startups are pouring billions of dollars into autonomous technology. This is aiming to take an early lead in the future of mobility. Pony.ai has been active in the United States and China, testing its driverless technology on public roads in California’s Fremont and Milpitas, as well as the Chinese cities of Guangzhou and Beijing. In China, a host of local startups are competing. In recent months, Momenta and automaker SAIC gained official approval for a trial for their robotaxi service in Shanghai’s Jiading district. This is a move that followed a similar move in Guangzhou by Nissan-baked Weride. In Shenzhen, Alibaba-backed AutoX is also testing robotaxis, observed by safety drivers in a highly congested urban area with lots of pedestrian and moped traffic.

Tags: businessRobotaxiStartupToyota
ShareTweetShare
Global Business Review Magazine

Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

Recent News

  • US FAA shifts gears on certifying future flying taxi pilots
  • Ford sells shares in EV maker Rivian for $214 MLN
  • Fed’s Waller says now is the time to hit it on raising rates
  • All the best is yet to come in Singapore: Blockchain Fest 2022
  • Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

Categories

  • Banking
  • Business
  • Events
  • Finance
  • FinTech
  • Tech
  • Videos
  • About
  • Nominate
  • Privacy & Policy

© 2022 Global Business Review Magazine - All Rights Reserved.

No Result
View All Result
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine

© 2022 Global Business Review Magazine - All Rights Reserved.

Go to mobile version