The recent AV deals reveal a modest recovery of investors’ confidence around self-driving companies.
Pony.ai has partnered with Yamibuy, an e-commerce platform that exclusively sells Asian products, to deliver in Irvine, California.
Didi and AutoX are trying to elbow further into the crowded AV race led by Pony.ai and Baidu. Shanghai is finally starting testing.
The deal marks another round of fervor around Chinese self-driving companies, as Beijing nurtures emerging technologies to shore up economic growth.
Toyota’s investment in four-year-old Pony.ai is the single largest investment in a Chinese AV company, and comes amid a funding downturn in Asia.
Softbank-backed Innoviz is working with Shaanxi Heavy Duty Automobile to deploy a solid-state Lidar sensor in autonomous trucks on one of China’s biggest ports.
AutoX will use the proceeds to deploy robotaxi pilots in Chinese cities including Shanghai and Shenzhen.
WeRide’s ride-hailing app became available on Android and iOS app stores starting Thursday.
Pony.ai’s goal is to provide consistently comfortable and reliable rides for all rather than monetizing these early technologies.
WeRide focuses on making driverless ride-hailing a viable business by meeting the challenges of commercialization.