Toyota and Pony.ai Team Up To Produce Robotaxis in China

Toyota (TM) and autonomous driving startup Pony.ai announced plans to invest more than 1 billion yuan ($140 million) to produce robotaxis in China. The partnership is a joint venture with China’s state-owned Guangzhou Automobile Group, GAC-Toyota, and Pony.ai.1 Reuters. “Toyota, Pony.ai plan to mass produce robotaxis in China.”

https://www.investopedia.com/toyota-pony-ai-produce-robotaxis-in-china-7569734