Autonomous driving startup Pony.ai raises $462 million in Toyota-led funding

Autonomous driving startup Pony.ai raises $462 million in Toyota-led funding

The Edge Markets - World·2020-02-26 13:22

HONG KONG/BEIJING (Feb 26): Autonomous driving firm Pony.ai said on Wednesday it has raised $462 million in its latest funding round, led by an investment by Japan’s largest automaker Toyota Motor Corp.

Toyota invested around $400 million in the round, Pony.ai said in a statement, marking its biggest investment in an autonomous driving company with a Chinese background.

……

Read full article on The Edge Markets - World

Technology Business Vehicle

Comments

Leave a comment in Nestia App