Mentioned:
Autonomous trucking is getting closer in China. And a publicly traded company is on the leading edge of it.
What’s happening:
- Pony AI (NASDAQ: PONY) has officially become the first company to receive approval for autonomous trucking platooning tests in China
Why it matters:
- Pony AI just recently made waves with their IPO debut onto the Nasdaq and is one of the most advanced publicly traded companies in the world focused exclusively on autonomous driving technology
Going deeper:
- The new approval from the Chinese government will allow Pony AI to test fleets of fully autonomous trucks on major highways that are led by just one human safety operator
- Pony AI has already been doing extensive testing around commercial trucks through their partnership with Chinese logistics giant Sinotrans, which has been primarily focused on using Pony AI's autonomous vehicle technology to complete trips between Beijing and Tianjin