My Blog
Business

Pony.ai says it is first self-driving company to get taxi license in China

Pony.ai says it is first self-driving company to get taxi license in China
Pony.ai says it is first self-driving company to get taxi license in China


Self sustaining riding start-up Pony.ai can acquire fares for robotaxi rides in portions of 2 primary Chinese language towns as of Sunday.

Pony.ai handout

BEIJING — Self-driving start-up Pony.ai introduced Sunday it won a taxi license, the primary of its sort in China.

The license lets in Pony.ai to function 100 self-driving automobiles as conventional taxis within the Nansha district of the southern town of Guangzhou, the corporate stated.

The Chinese language start-up, which is sponsored via Toyota, won approval from Beijing town past due ultimate yr to rate charges to function a business robotaxi industry in a suburban district of town. It’s not the similar as a taxi licence.

Baidu’s Apollo Pass additionally won approval in the similar Beijing district ultimate yr.

Pony.ai used to be valued at $8.5 billion in early March. The corporate stated its Nansha taxi license required 24 months of self sustaining riding trying out in China and/or different international locations, and no involvement in any lively legal responsibility visitors injuries, amongst different components.

The beginning-up stated it plans to release business robotaxi companies in two different massive Chinese language towns subsequent yr. The corporate is already trying out self-driving automobiles in the ones towns and in California. 

Robotaxis in China these days have a human driving force provide for protection.

— CNBC’s Arjun Kharpal contributed to this file.

Related posts

Why we stepped into this week’s lousy market to make a bunch of buys

newsconquest

The ‘victory’ Ukraine wants over Russia might not be achievable

newsconquest

Hunter Biden special counsel David Weiss testifies to House panel

newsconquest