Skip to content
Trending
February 13, 2025CFPB’s new leadership begins staff purge with dozens of employees terminated May 1, 2025U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses August 29, 2025Core inflation rose to 2.9% in July, highest since February October 8, 2025Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show July 22, 2025Coca-Cola will roll out cane sugar version of namesake soda in the U.S. this fall April 20, 2025Harvard’s battle with the Trump administration is creating a thorny financial situation July 15, 2025JPMorgan Chase tops estimates on stronger-than-expected trading, investment banking May 21, 2025Canada Goose beats estimates, pulls full-year guidance on ‘macroeconomic uncertainty’ July 27, 2025Volkswagen cuts guidance after taking $1.5 billion hit from U.S. tariffs in first half June 7, 2025The world could be facing another ‘China shock,’ but it comes with a silver-lining
  Saturday 8 August 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Finance  Pony.ai becomes first to win citywide robotaxi permit in China’s Silicon Valley
Finance

Pony.ai becomes first to win citywide robotaxi permit in China’s Silicon Valley

AdminAdmin—November 2, 20250

A logo of the autonomous driving technology startup Pony.ai is seen on a screen during an event in Beijing, China May 13, 2021.

More stories

Alibaba leads $100 million investment in Chinese humanoid robot startup

September 8, 2025

This ETF strategy could help risk-averse investors ride out wild market swings

October 18, 2025

Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units

March 1, 2025

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

July 11, 2025

Tingshu Wang | Reuters

China’s Silicon Valley, Shenzhen, is about to allow self-driving taxis to operate throughout the city, ending years of pilot zones and tight limits.

Pony.ai announced Friday it was the first company to receive a robotaxi permit for the entire city, though the coverage area will be rolled out in phases.

The news marks a milestone for China’s push to integrate autonomous vehicles into everyday transport.

Until now, self-driving taxis in China have been restricted to specific areas on the outskirts of major urban areas, rather than the entire city.

Pony.ai’s rollout is part of a partnership with local taxi firm Xihu Group. The two companies formed a strategic partnership in June and plan to deploy over 1,000 of Pony.ai’s seventh-generation robotaxis across Shenzhen in the coming years.

Pony.ai unveiled its seventh-generation taxi in April this year and said it was able to cut materials costs by 70% compared with earlier models. The robotaxi operator said it developed the car together with Toyota and state-owned local operators BAIC and GAC.

‘Partners and friends’: Xi strikes conciliatory tone as he meets Trump in South Korea
Third-quarter earnings are indicating a divided economy
Related posts
  • Related posts
  • More from author
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Finance

Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that’s a bad idea

December 16, 20250
Load more
Read also
Earnings

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

May 2, 20260
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions