Mentioned:
Robotaxis in China are about to go to the next level. And it’s being fuelled by a partnership between Pony AI and Tencent.
What’s happening:
- Pony AI (NASDAQ: PONY) and Tencent have formed a new partnership focused on expanding the access of autonomous vehicles in China
Why it matters:
- Pony AI’s autonomous vehicles will now be available to request for ride sharing within Tencent’s WeChat app and Tencent Maps, which are two of the most popular mobile apps in all of China and have hundreds of millions of active users
Going deeper:
- Tencent has also publicly stated they will provide cloud support and leading edge artificial intelligence technology to Pony AI as part of the new partnership
- Pony AI has been rapidly cutting new deals to expand the accessibility of their robotaxis, including just recently launching their autonomous vehicles in Guangzhou for the first time ever
The intrigue:
- Pony AI also previously made waves when they became the first company ever to be granted approval to begin autonomous trucking platooning tests in China
