Latest news with #Ponyai
Arabian Business
5 days ago
- Business
- Arabian Business
Pony.ai to launch Dubai robotaxi trials in 2025
will launch a fleet of self-driving robotaxis in Dubai. The motoring firm has entered a Memorandum of Understanding (MoU) with Dubai's Roads and Transport Authority (RTA) to deploy its advanced robotaxi fleet in the region. The collaboration underscores commitment to advancing autonomous driving technology in one of the world's most dynamic metropolitan hubs. robotaxis in Dubai Ahmed Bahrozyan, CEO of Public Transport Agency at RTA, said: 'The collaboration with marks another significant milestone in advancing Dubai's Self-Driving Transport Strategy. This partnership is integral to our goal of transforming 25 per cent of all journeys in the city into autonomous trips by 2030, reinforcing Dubai's position as a global leader in autonomous mobility and innovation. 'We are excited to work with a pioneer in autonomous driving technology, to further enhance the integration of smart transport solutions in Dubai.' Dr. Leo Wang, CFO of said: 'Dubai stands at the forefront of intelligent urban mobility innovation, and we are honoured to collaborate with RTA on this transformative initiative. 'By combining our proven autonomous driving technology and extensive fleet operation experience, we are committed to accelerating Dubai's transition to autonomous transportation.' Aligned with Dubai's 2030 Smart City Vision, which targets transitioning 25 per cent of the city's transportation to autonomous mode by 2030, the collaboration will introduce autonomous driving technology through a multi-phase rollout. Initial supervised trials are set to launch in 2025, followed by fully driverless operations in 2026. As a global leader in autonomous mobility solutions, plans to start mass production and deployment of its seventh-generation robotaxis in the second half of 2025. This initiative is expected to lay a robust foundation for the company's global expansion. The company aims to ramp up its robotaxi fleet globally to thousands of vehicles within the next two years, positioning 2025 as the inaugural year for large-scale commercial deployment. This accelerated timeline is enabled by technological maturity, vehicle engineering, and operational readiness. seventh-generation autonomous driving system, recently showcased at Auto Shanghai 2025, exemplifies this technological readiness. For vehicle production, collaborates with industry leaders including Toyota, GAC Motor, and BAIC Motor to develop its seventh-generation robotaxis. Mass deployment is slated for later this year following the vehicles' successful debut in Shanghai in April. The company has established a comprehensive robotaxi operation system featuring fully automated processes from vehicle dispatch to service conclusion. In China, was the first autonomous driving company to offer fully driverless ride-hailing services across Beijing, Shanghai, Guangzhou, and Shenzhen. Its fleet of around 300 Robotaxi vehicles serves key hubs such as Beijing South Railway Station and Guangzhou Baiyun International Airport, while navigating complex environments such as Shenzhen's densely populated Nanshan District, demonstrating scalable solutions adaptable to global urban environments. Wang said: 'We've built up real expertise in robotaxis from years of operations in China, and now we're bringing that know-how to Dubai. Our goal is to give residents and visitors here driverless tech that's not just greener and safer, but genuinely makes getting around this city easier for everyone'. Long-term plans include integrating robotaxi services with Dubai's multimodal transport network encompassing metro, tram, and maritime routes to create a future where autonomous vehicles complement existing infrastructure, enabling smoother journeys and reducing the city's carbon footprint. To date, has secured robotaxi testing permits across four major markets, including: United States China South Korea Luxembourg
Zawya
6 days ago
- Automotive
- Zawya
Pony.ai partners with Dubai RTA to accelerate autonomous mobility in the Middle Eastern metropolis
DUBAI, UAE/PRNewswire/ -- (NASDAQ: PONY) today announces that it has entered a Memorandum of Understanding (MoU) with Dubai's Roads and Transport Authority (RTA) to deploy its advanced robotaxi fleet in the region. The collaboration underscores commitment to advancing autonomous driving technology in one of the world's most dynamic metropolitan hubs. Mr. Ahmed Bahrozyan, CEO of Public Transport Agency at RTA, stated: "The collaboration with marks another significant milestone in advancing Dubai's Self-Driving Transport Strategy. This partnership is integral to our goal of transforming 25% of all journeys in the city into autonomous trips by 2030, reinforcing Dubai's position as a global leader in autonomous mobility and innovation. We are excited to work with a pioneer in autonomous driving technology, to further enhance the integration of smart transport solutions in Dubai." Dr. Leo Wang, CFO of said: "Dubai stands at the forefront of intelligent urban mobility innovation, and we are honored to collaborate with RTA on this transformative initiative. By combining our proven autonomous driving technology and extensive fleet operation experience, we are committed to accelerating Dubai's transition to autonomous transportation." Aligned with Dubai's 2030 Smart City Vision — which targets transitioning 25% of the city's transportation to autonomous mode by 2030 — the collaboration will introduce autonomous driving technology through a multi-phase rollout. Initial supervised trials are set to launch in 2025, followed by fully driverless operations in 2026. As a global leader in autonomous mobility solutions, plans to start mass production and deployment of its seventh-generation robotaxis in the second half of 2025. This initiative is expected to lay a robust foundation for the company's global expansion. The company aims to ramp up its robotaxi fleet globally to thousands of vehicles within the next 2 years, positioning 2025 as the inaugural year for large-scale commercial deployment. This accelerated timeline is enabled by technological maturity, vehicle engineering, and operational readiness. seventh-generation autonomous driving system, recently showcased at Auto Shanghai 2025, exemplifies this technological readiness. The AD kit hardware suite achieves a 70% BOM cost reduction while meeting stringent automotive-grade standards. Its advanced sensor array handles complex scenarios ranging from high-speed highways to crowed urban centers like Dubai's business and financial districts. The platform-based design enables rapid adaptation across different vehicle types. For vehicle production, collaborates with industry leaders including Toyota, GAC Motor, and BAIC Motor to develop its seventh-generation robotaxis. Mass deployment is slated for later this year following the vehicles' successful debut in Shanghai in April. The company has established a comprehensive robotaxi operation system featuring fully automated processes from vehicle dispatch to service conclusion. In China, was the first autonomous driving company to offer fully driverless ride-hailing services across Beijing, Shanghai, Guangzhou, and Shenzhen. Its fleet of around 300 Robotaxi vehicles serves key hubs such as Beijing South Railway Station and Guangzhou Baiyun International Airport, while navigating complex environments such as Shenzhen's densely populated Nanshan District, demonstrating scalable solutions adaptable to global urban environments. "We've built up real expertise in robotaxis from years of operations in China, and now we're bringing that know-how to Dubai. Our goal is to give residents and visitors here driverless tech that's not just greener and safer, but genuinely makes getting around this city easier for everyone," said Leo Wang. Long-term plans include integrating robotaxi services with Dubai's multimodal transport network encompassing metro, tram, and maritime routes to create a future where autonomous vehicles complement existing infrastructure, enabling smoother journeys and reducing the city's carbon footprint. To date, has secured robotaxi testing permits across four major markets, including the United States, China, South Korea, and Luxembourg. The new partnership with Dubai further extends its global presence and represents a milestone in its expansion in the Middle East.
Yahoo
6 days ago
- Automotive
- Yahoo
Pony.ai Partners with Dubai RTA to Accelerate Autonomous Mobility in the Middle Eastern Metropolis
DUBAI, UAE, May 26, 2025 /PRNewswire/ -- (NASDAQ: PONY) today announces that it has entered a Memorandum of Understanding (MoU) with Dubai's Roads and Transport Authority (RTA) to deploy its advanced robotaxi fleet in the region. The collaboration underscores commitment to advancing autonomous driving technology in one of the world's most dynamic metropolitan hubs. Mr. Ahmed Bahrozyan, CEO of Public Transport Agency at RTA, stated: "The collaboration with marks another significant milestone in advancing Dubai's Self-Driving Transport Strategy. This partnership is integral to our goal of transforming 25% of all journeys in the city into autonomous trips by 2030, reinforcing Dubai's position as a global leader in autonomous mobility and innovation. We are excited to work with a pioneer in autonomous driving technology, to further enhance the integration of smart transport solutions in Dubai." Dr. Leo Wang, CFO of said: "Dubai stands at the forefront of intelligent urban mobility innovation, and we are honored to collaborate with RTA on this transformative initiative. By combining our proven autonomous driving technology and extensive fleet operation experience, we are committed to accelerating Dubai's transition to autonomous transportation." Aligned with Dubai's 2030 Smart City Vision — which targets transitioning 25% of the city's transportation to autonomous mode by 2030 — the collaboration will introduce autonomous driving technology through a multi-phase rollout. Initial supervised trials are set to launch in 2025, followed by fully driverless operations in 2026. As a global leader in autonomous mobility solutions, plans to start mass production and deployment of its seventh-generation robotaxis in the second half of 2025. This initiative is expected to lay a robust foundation for the company's global expansion. The company aims to ramp up its robotaxi fleet globally to thousands of vehicles within the next 2 years, positioning 2025 as the inaugural year for large-scale commercial deployment. This accelerated timeline is enabled by technological maturity, vehicle engineering, and operational readiness. seventh-generation autonomous driving system, recently showcased at Auto Shanghai 2025, exemplifies this technological readiness. The AD kit hardware suite achieves a 70% BOM cost reduction while meeting stringent automotive-grade standards. Its advanced sensor array handles complex scenarios ranging from high-speed highways to crowed urban centers like Dubai's business and financial districts. The platform-based design enables rapid adaptation across different vehicle types. For vehicle production, collaborates with industry leaders including Toyota, GAC Motor, and BAIC Motor to develop its seventh-generation robotaxis. Mass deployment is slated for later this year following the vehicles' successful debut in Shanghai in April. The company has established a comprehensive robotaxi operation system featuring fully automated processes from vehicle dispatch to service conclusion. In China, was the first autonomous driving company to offer fully driverless ride-hailing services across Beijing, Shanghai, Guangzhou, and Shenzhen. Its fleet of around 300 Robotaxi vehicles serves key hubs such as Beijing South Railway Station and Guangzhou Baiyun International Airport, while navigating complex environments such as Shenzhen's densely populated Nanshan District, demonstrating scalable solutions adaptable to global urban environments. "We've built up real expertise in robotaxis from years of operations in China, and now we're bringing that know-how to Dubai. Our goal is to give residents and visitors here driverless tech that's not just greener and safer, but genuinely makes getting around this city easier for everyone," said Leo Wang. Long-term plans include integrating robotaxi services with Dubai's multimodal transport network — encompassing metro, tram, and maritime routes — to create a future where autonomous vehicles complement existing infrastructure, enabling smoother journeys and reducing the city's carbon footprint. To date, has secured robotaxi testing permits across four major markets, including the United States, China, South Korea, and Luxembourg. The new partnership with Dubai further extends its global presence and represents a milestone in its expansion in the Middle East. View original content to download multimedia: SOURCE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Automotive
- Yahoo
Pony.ai Stock Jumps After Major Robotaxi Deal with Uber
Uber (NYSE:UBER) and (NASDAQ:PONY) unveiled a strategic partnership Tuesday to launch autonomous robotaxi services in the Middle East. Shares of soar after the news, up 7% on early Tuesday trading. Warning! GuruFocus has detected 1 Warning Sign with PONY. The partnership will bring self-driving cars onto Uber's platform, starting in the region before expanding to more global markets. It's a big move for both companies, especially which is pushing hard to scale its driverless tech worldwide. The plan is to combine Uber's massive ride-hailing reach with Virtual Driver system, a vehicle-agnostic platform that works across a variety of car types and services. founded in 2016, already has a presence in China, East Asia, Europe, and parts of the Middle East. The company builds its own autonomous driving software and hardware in-house. While the tech looks promising, still faces financial headwinds. It's burning through cash, with profitability still out of reach and valuation metrics under pressure. This article first appeared on GuruFocus.
South China Morning Post
06-05-2025
- Automotive
- South China Morning Post
Pony.ai, Uber to offer robotaxis in Middle East in push into new markets
Chinese robotaxi company is teaming up with US ride-sharing services provider Uber Technologies to launch driverless taxis in the Middle East later this year, as the auto industry's push for autonomous driving gains momentum. Advertisement The two companies will first deploy robotaxis on Uber's platform in a key market in the region, according to a joint statement on Tuesday, which did not specify any specific country. There are plans for expansion in more international markets, it added without elaborating. Uber users would have the option to choose a autonomous vehicle for their ride, the statement said. The vehicles would have a safety operator on board during the initial pilot phase until their fully autonomous commercial service begins operations, it added. 'By combining our proven autonomous systems, with Uber's unparalleled ride-hailing platform, we are poised to set a new standard for the commercialisation of driverless services, starting in the Middle East before expanding to new markets,' said James Peng, co-founder and CEO of 04:06 What's it like to ride in China's AI-driven robotaxi? What's it like to ride in China's AI-driven robotaxi? This collaboration is crucial for global expansion strategy and would enable Uber to more quickly and safely integrate autonomous vehicles as it seeks growth in new markets. Uber works with Alphabet's self-driving company Waymo to offer the services in the US.
