James Peng, co-founder and CEO of Pony.ai, speaks at a soft launch event of its robotaxi services in Nansha district, Guangzhou, earlier this year. Photo: Handout
China’s Pony.ai pulls in US$214 million in A round funding, the most for Chinese self-driving start-ups
Funds to be used for fleet expansion, team growth, supporting existing and new partnerships, and speeding up commercialisation of the technology
James Peng, co-founder and CEO of Pony.ai, speaks at a soft launch event of its robotaxi services in Nansha district, Guangzhou, earlier this year. Photo: Handout