Pony AI aims to produce lower-cost vehicles by 2027, eyes overseas markets
Pony.ai CEO James Peng announced that the company expects to produce lower-cost driverless vehicles by 2027 and is eyeing overseas markets for growth. The company has upgraded its core artificial intelligence model and is pushing for commercial adoption of its autonomous driving technology.
Pony.ai, a Chinese autonomous driving firm, is pushing for commercial adoption of its technology. The company's CEO, James Peng, stated that key components for large-scale robotaxi deployment are largely in place. Pony.ai has upgraded its core artificial intelligence model and expects to produce lower-cost driverless vehicles by 2027. Listed in Hong Kong last year, it is also eyeing overseas markets for growth. The company is making progress in the industry, as seen at the auto show in Beijing.
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