Toyota invests $400m in Pony.ai with latest driverless tech bet

Toyota invests $400m in Pony.ai with latest driverless tech bet

Self-driving vehicle technology provider Pony.ai has secured $400 million (£308.35m) from Toyota, pushing the company’s valuation to more than £2.31bn. The company is focusing on deepening and expanding its collaboration with Toyota in mobility services. They will further boost their joint efforts in self-driving technology development...

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