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Pony.ai secures $100 million investment to bring autonomous rides to NEOM and Middle East

Pony.ai NEOM

Autonomous robotaxi startup Pony.ai continues to expand the reach of its autonomous operations – this time venturing outside of China into the NEOM development of northwest Saudi Arabia. The company announced a new joint venture with NEOM today that includes an $100 million investment to establish a local presence and implement robotaxi rides across the Middle East.

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SAIC and Pony.ai to co-develop ground-up level 4 autonomous robotaxis with foldable steering wheel

Pony robotaxi

SAIC AI Lab, a division of SAIC Motor in China, has announced a collaboration with advanced driverless AI developer Pony.ai to design and implement a new fleet of driverless level 4 autonomous robotaxis. The companies kicked off their new project by unveiling a fully autonomous EV concept from which the fleet will be built.

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