Mentioned:
Autonomous vehicles are coming to some of the busiest roads in Guangzhou next. Is it just the beginning of the robotaxi revolution?
What’s happening:
- Pony AI (NASDAQ: PONY) has officially launched their robotaxis in Guangzhou, China for the first time ever
Why it matters:
- This is the first time ever that an autonomous vehicle company has been allowed to operate in these highly popular routes in Guangzhou
Going deeper:
- Pony AI will use their fleet of robotaxis to connect individuals from the city centre in Guangzhou to the Guangzhou Baiyun International Airport and Guangzhou South Railway Station
- The new launch in Guangzhou comes after the highly successful roll out of Pony AI’s robotaxis in Beijing and the start of Pony AI testing out autonomous commercial trucking routes in China
The intrigue:
- The race to be a leader in autonomous vehicle technology in the public markets continues to ramp up, with Nvidia (NASDAQ: NVDA) just recently making waves with a new strategic investment into WeRide (NASDAQ: WRD)