pony.ai

Business / Tech Apr 17, 2020

Toyota-backed Pony.ai to offer autonomous delivery service in California

Toyota-backed self driving company Pony.ai said Friday it would provide an autonomous delivery service to residents of Irvine, California, as demand for online orders has surged because of the COVID-19 lockdown. Some 90% of U.S. shoppers are under stay-at-home orders, and a jump in demand ...

Business Feb 27, 2020

Autonomous driving startup Pony.ai raises $462 million in Toyota-led funding

Autonomous driving firm Pony.ai said it raised $462 million in its latest funding round, led by an investment by Toyota Motor Corp. Toyota invested around $400 million (¥44.2 billion) in the round, Pony.ai said in a statement Wednesday, marking its biggest investment in an autonomous ...