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 […]
Toyota forecasts profit rebound amid chip shortage
Japan’s Toyota Motor Corp announced a $2.3 billion share buyback. And also, they have forecasted that the annual profit will rise by 14% to pre-pandemic levels. It has shrugged off the chip shortage that has hurt other car makers. In united states, this world’s biggest automaker by vehicle sales expects renewed demand. It is to […]