Technology peripheralsIt IndustryPony.ai and Toyota Motor cooperate to establish a self-driving taxi company to jointly promote the development of intelligent transportationPony.ai and Toyota Motor cooperate to establish a self-driving taxi company to jointly promote the development of intelligent transportation
Today, Pony.ai held a signing ceremony with Toyota Motor (China) Investment Co., Ltd. and GAC Toyota Motor Co., Ltd. to announce the establishment of a joint venture to accelerate the development and application of self-driving taxis (Robaxi)
According to the agreement, the joint venture company expected to be established within the year will invest more than 1 billion yuan. The company will use GAC Toyota's pure electric vehicle platform and integrate the fully unmanned autonomous vehicle redundant system provided by Toyota and Pony.ai's autonomous driving system to provide passengers with more convenient autonomous driving mobility services
Since officially establishing a partnership with Toyota in August 2019, Pony.ai has been focusing on the research, development and commercial application of autonomous driving technology. The establishment of this joint venture is an important milestone in the strategic cooperation between the two parties
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