Pony AI

Pony.ai's driverless vehicle was involved in a minor collision during routine testing in California, and the company subsequently voluntarily halted its unmanned testing in the state.

Baidu and Pony.ai are the first companies to be licensed to offer their services to the public for a fee, with Baidu having completed its first bill collection today.

Some members of Pony.ai's car-building team have left to join other new car-making firms, local media said.

In late 2019, Nio Capital, the venture capital arm of Nio, had said it had invested in Pony.ai.

The test area covers 20 square kilometers, with more than 100 kilometers of city roads.

Pony.ai, a Chinese self-driving startup backed by Nio and Toyota Motor, has put on hold plans to go public in the United States through a merger with a blank check company, Reuters said on Thursday, citing people familiar with the matter.

Chinese self-driving company Pony.ai announced Wednesday the launch of its Robotaxi service in Shanghai, covering a major urban section of the Jiading district in the northwest of the city.

Pony.ai is considering a US IPO for its to help it achieve its goal of commercializing its driverless ride-hailing service.

"We're still debating and considering," said Peng, when asked about the time frame for a public share sale.

News of Chinese self-driving company Pony.ai joining the car-making bandwagon first broke half a month ago, and the company has not explicitly denied it until today.