Mentioned:
Shenzen is embracing autonomous vehicles. And they’re partnering with Pony AI to do it.
What’s happening:
- Pony AI (NASDAQ: PONY) has officially been granted a permit for driverless robotaxi operations throughout Shenzen, China
Why it matters:
- The new approval makes Pony AI the first company to ever be granted an approval to operate autonomous vehicles in Shenzen
Going deeper:
- Pony AI and Shenzen Xihu Corporation will jointly begin deploying Pony AI’s Gen-7 robotaxis throughout Shenzen and have both publicly stated they are aiming to have 1,000 autonomous vehicles operating within the next few years
- Pony AI has been rapidly deploying their autonomous vehicles through major cities in China including Beijing, Shanghai and Guangzhou and also made waves when they formed a partnership with Tencent to make their robotaxis available to WeChat users
