Pony.ai

Global and China L3/L4 Autonomous Driving and Startups Research Report 2024 Featuring Solutions of 15 OEMs and 21 Solutions of Tier1s and Startups - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024
Technology, Autonomous Driving, Vehicles, Artificial Intelligence, Automotive, Cloud, Algorithm, Pony.ai, BYD, Data, Original equipment manufacturer, Mercedes-Benz, IM, WeRide, L2, Transport, Software, Geely, G9, City, Accident, OEM, BMW, NOA, Ecosystem, Mobility, Apolong, FAW, GAC Toyota, Arcfox, Baidu, L4, SAIC, GAC, L3

The "L3/L4 Autonomous Driving and Startups Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "L3/L4 Autonomous Driving and Startups Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • As China releases autonomous driving policies, the competition in intelligent driving is about to enter a new phase.
  • Suppliers working on L3/L4 autonomous driving, such as Baidu Apollo, Pony.ai and DeepRoute.ai, have started partnering with automakers to commercialize L2++ high-level driving assistance.
  • 1 L3/L4 Autonomous Driving Policies, Regulations and Standards
    4.1 Key Technologies for L4 Autonomous Driving: Algorithms
    4.2 Key Technologies for L4 Autonomous Driving: Data Closed Loop
    4.3 Key Technologies for L4 Autonomous Driving: Redundancy
    4.4 Key Technologies for L4 Autonomous Driving: Vehicle-Road-Cloud Cooperation
    4.5 Key Technologies for L4 Autonomous Driving: HD Maps and Positioning

China Autonomous Vehicles Market to Surge, Poised for Exceptional Growth by 2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 27, 2024
Autonomous Driving, Vehicles, Vehicle Technology, Automotive, Pony.ai, WeRide, Research, ACES, Transport, Software, V2X, Safety, TuSimple

The "China Autonomous Vehicles Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Autonomous Vehicles Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.
  • With a rising CAGR of 21.66% from 2024 to 2030, the China Autonomous Vehicles Market is set to redefine transportation norms, auguring a promising future for innovations in intelligent and connected vehicles (ICVs).
  • The autonomous vehicle landscape in China is undergoing a transformative phase with an extensive growth projection, as reflected in a comprehensive new research publication.
  • This insightful analysis encapsulates the market trends, industry share, growth influence, and the remarkable potential driven by innovation and regulatory support, highlighting an expected market reach of US$ 31.60 Billion by 2030.

Luxembourg and Pony.ai Sign MoU to Advance Autonomous Mobility in the Country

Retrieved on: 
Thursday, March 7, 2024
Technology, Automotive, Vehicle Technology, Automotive Manufacturing, Manufacturing, Software, Autonomous Driving, Vehicles, Robotics, Artificial Intelligence, Pony.ai, POV, Multimedia, Memorandum of understanding, Robotaxi, Government, Research, Grand duchy, Partnership, Renewable energy

Pony.ai, a leading global autonomous mobility company, held a Memorandum of Understanding (MoU) signing ceremony today with the Government of the Grand Duchy of Luxembourg (“The Government”) to advance the development of autonomous mobility in Luxembourg.

Key Points: 
  • Pony.ai, a leading global autonomous mobility company, held a Memorandum of Understanding (MoU) signing ceremony today with the Government of the Grand Duchy of Luxembourg (“The Government”) to advance the development of autonomous mobility in Luxembourg.
  • The MoU was signed by Pony.ai Co-Founder and CEO Dr. James Peng and Luxembourg’s Minister of the Economy Lex Delles.
  • This MoU represents a collaborative partnership between Luxembourg and Pony.ai, with the objective of fostering the research, development, and deployment of autonomous vehicles in Luxembourg.
  • As such, I am very pleased with the signature of an MoU with Pony.ai, a leader in autonomous mobility technologies and services.

NIO Capital Completes the Second RMB Fund at Over 3 Billion Yuan

Retrieved on: 
Monday, February 5, 2024
CATL, Pony.ai, Mobility, RMB, Ecosystem, AUM, CNY, Partnership, Trust, Renewable energy

SHANGHAI, Feb. 5, 2024 /PRNewswire/ -- NIO Capital has successfully completed its second Renminbi fund, raising over CNY 3 billion.

Key Points: 
  • SHANGHAI, Feb. 5, 2024 /PRNewswire/ -- NIO Capital has successfully completed its second Renminbi fund, raising over CNY 3 billion.
  • The Limited Partner (LP) investors participating in the fund comprise RMB guidance funds, national-level funds, family offices and listed companies.
  • Ian Zhu, Managing Partner at NIO Capital, said: "We are thrilled about the completion of RMB Fund II.
  • Established in 2016, NIO Capital has raised five funds, including three in US dollars and two in RMB, bringing the total Asset Under Management (AUM) to 15 billion RMB.

Altos Radar Debuts Game-Changing 4D Imaging Radar at CES 2024

Retrieved on: 
Wednesday, January 10, 2024
RADAR, RF, Altos, ZhenFund, Snow, Yole, TI, Perception, Radar, Algorithm, ADAS, Huawei, McKinsey & Company, Apple, Mozilla, CES, Build automation, Pony.ai, Imaging radar, Rain, Lidar, Instrumentation

LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- Altos Radar, a pioneer startup led by industry experts, unveiled its groundbreaking 4D imaging radar at CES 2024.

Key Points: 
  • LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- Altos Radar, a pioneer startup led by industry experts, unveiled its groundbreaking 4D imaging radar at CES 2024.
  • At the heart of this innovation lies the Altos V Series, a world-first non-FPGA 4-chip cascade design based on TI TDA4.
  • Key Features of Altos V Series:
    Altos Radar also introduced the Altos RF Series, a non-computing front-end radar module offering a cost-effective 4D imaging radar solution that seamlessly connects to a common camera interface.
  • Altos Radar's high-performance 4D millimeter-wave RADAR meets the booming demand for 4D imaging radars, with the market projected to double to $8 billion by 2027 (Yole's 2022 Automotive Radar Report).

New Era of AI Grips World's Imagination as GITEX GLOBAL 2023 Enters 2nd Day

Retrieved on: 
Tuesday, October 17, 2023
Congress, Pressure, Sustainability, Private sector, Dubai World Trade Centre, CSR, AI, Digital economy, MD, Toyota, Ethics, Communication, Population growth, Gamer, GITEX, Carbon, State, Artificial intelligence, Robotaxi, Growth, Synthetic media, MENA, Associate, Pony.ai, United States Department of State, City, CFO, Silicon, Renewable energy, Video game, Medical device

DUBAI, UAE, Oct. 17, 2023 /PRNewswire/ -- As the UAE hosts the world's largest tech and startup show, Dubai unleashed a new era of global AI dominance at GITEX GLOBAL 2023. The event, currently underway at Dubai World Trade Centre until October 20, brings together the world's brightest minds, forward-thinking governments, and the most advanced companies to redefine the boundaries of the AI economy and shape the future of technological revolution on the planet.

Key Points: 
  • Pony.ai, a $8.5 billion Toyota-backed robotaxi unicorn, designs autonomous vehicles with active deployments in Silicon Valley, Beijing, and Guangzhou.
  • Speaking at GITEX GLOBAL, Pony.ai co-founder and CFO Dr. Leo Wang said he sees a viable path toward Middle East expansion.
  • The region's traditionally friendly business environment and readiness to adopt advanced AI technology provide an excellent incentive for innovative businesses.
  • "With its extensive exhibitor list of global tech leaders, GITEX GLOBAL represents the vast breadth of technology available for robocar brands to help forge broad industrial ecosystems," he said.

New Era of AI Grips World's Imagination as GITEX GLOBAL 2023 Enters 2nd Day

Retrieved on: 
Tuesday, October 17, 2023
Congress, Pressure, Sustainability, Private sector, Dubai World Trade Centre, CSR, AI, Digital economy, MD, Toyota, Ethics, Communication, Population growth, Gamer, GITEX, Carbon, State, Artificial intelligence, Robotaxi, Growth, Synthetic media, MENA, Associate, Pony.ai, United States Department of State, City, CFO, Silicon, Renewable energy, Video game, Medical device

DUBAI, UAE, Oct. 17, 2023 /PRNewswire/ -- As the UAE hosts the world's largest tech and startup show, Dubai unleashed a new era of global AI dominance at GITEX GLOBAL 2023. The event, currently underway at Dubai World Trade Centre until October 20, brings together the world's brightest minds, forward-thinking governments, and the most advanced companies to redefine the boundaries of the AI economy and shape the future of technological revolution on the planet. 

Key Points: 
  • Pony.ai, a $8.5 billion Toyota-backed robotaxi unicorn, designs autonomous vehicles with active deployments in Silicon Valley, Beijing, and Guangzhou.
  • Speaking at GITEX GLOBAL, Pony.ai co-founder and CFO Dr. Leo Wang said he sees a viable path toward Middle East expansion.
  • The region's traditionally friendly business environment and readiness to adopt advanced AI technology provide an excellent incentive for innovative businesses.
  • "With its extensive exhibitor list of global tech leaders, GITEX GLOBAL represents the vast breadth of technology available for robocar brands to help forge broad industrial ecosystems," he said.

AMERICAN INDUSTRIAL PARTNERS ADDS SENIOR SOURCING PROFESSIONALS

Retrieved on: 
Wednesday, September 20, 2023
Morgan Stanley, University of Chicago Booth School of Business, Latin honors, High, Business development, JPMorgan Chase, AIP, BS, Vice, University, Harvard University, Partner, Wharton School of the University of Pennsylvania, Business, BofA Securities, MBA, Goldman Sachs, UC, Pony.ai, Corporation, University of California, Irvine, Bank, Investment, American Industrial Partners, Security (finance)

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- American Industrial Partners (AIP) announces Lawrence Steyn and Jamie Tam have joined the firm as business development focused Partners.

Key Points: 
  • NEW YORK, Sept. 20, 2023 /PRNewswire/ -- American Industrial Partners (AIP) announces Lawrence Steyn and Jamie Tam have joined the firm as business development focused Partners.
  • Prior to Pony.ai, Lawrence covered industrial corporates for nearly 30 years as Vice Chairman of Investment Banking at JPMorgan, Managing Director at Morgan Stanley, and Executive Director at Goldman Sachs.
  • "Over the past decade, we have invested heavily in a highly differentiated approach to deal sourcing," said Ben DeRosa, AIP co-head of deal sourcing.
  • "Lawrence and Jamie bring additional horsepower and relationships to support our goal of being the best private equity investor in the industrial economy."

Altos Radar raises $3.5m to accelerate the development and commercialization of 4D imaging radars

Retrieved on: 
Monday, August 14, 2023
Radar, Hitachi, Yole, FCC, FSD, Huawei, System basis chip, Perception, Socs, McKinsey & Company, ZF, Lyft, Silicon, ZhenFund, Pony.ai, SAN, RADAR, Radio, Yoy, Pedestrian, Build automation, Full, Road, Television, Instrumentation, Apple

SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles.

Key Points: 
  • SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles.
  • This enabled the possibility of producing high-resolution radars at one-third the size of the previously used 24GHz radars with similar angular resolution.
  • This makes Altos V1 radar the world's first production-ready non-FPGA-based, 4-chip cascaded (12TX, 16RX) 4D imaging radar, offering great advantages in cost, reliability and mass-producibility.
  • Altos Radar's new high-performance 4D millimeter-wave RADAR caters to the demands of a 4D imaging radar market that Yole's 2022 Automotive Radar Report estimated will double YoY by 2027 to $8 billion.

Pony.ai and Toyota to Form Joint Venture to Advance Mass Production of L4 Autonomous Vehicles

Retrieved on: 
Friday, August 4, 2023
Software, Vehicle Technology, Hardware, Public Transport, Technology, Automotive, Autonomous Driving, Vehicles, Artificial Intelligence, Other Transport, Transport, Automotive Manufacturing, Other Technology, Manufacturing, Mall Finance & Investment Co Ltd v Slater, Multimedia, Sienna, City, Robotaxi, Toyota Sienna, Automotive industry, Lexus, Pony.ai

The three parties announced that they will form a joint venture to jointly advance the future mass production and large-scale deployment of fully driverless robotaxis.

Key Points: 
  • The three parties announced that they will form a joint venture to jointly advance the future mass production and large-scale deployment of fully driverless robotaxis.
  • View the full release here: https://www.businesswire.com/news/home/20230804774136/en/
    Executives from Pony.ai, Toyota Motor (China) Investment Co., Ltd. (TMCI) and GAC Toyota Motor Co., Ltd. (GTMC) held a joint venture signing ceremony on August 4, 2023.
  • The joint venture combines Pony.ai's world-class autonomous driving technology and robotaxi operations experience, Toyota’s highly regarded vehicle technologies, and GTMC's advanced production experience.
  • In August 2019, Pony.ai and Toyota announced they would jointly advance the development of autonomous vehicles in China.