Pony.AI Surged 14%, Rocketing 115% MTD
Pony.ai surged 14%, rocketing 115% MTD.
Pony.ai Inc. has announced a new partnership with Dubai's Roads and Transport Authority (RTA) to deploy its advanced robotaxi fleet in the region on May 27.
This collaboration is a significant step in furthering Dubai's Self-Driving Transport Strategy, which aims to transform 25% of all journeys in the city into autonomous trips by 2030.
The initial phase of the project will see supervised trials launching in 2025, with fully driverless operations expected to commence in 2026. Pony.ai plans to integrate its services with Dubai's existing multimodal transport network to enhance smart transport solutions and reduce the city's carbon footprint.
This partnership also marks an expansion of Pony.ai's global presence, adding Dubai to its list of markets alongside the United States, China, South Korea, and Luxembourg.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Most Discussed
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10