Artificial Intelligence: Chinese Autonomous Driving Company Pony Gets Paid Robotaxi License For Beijing

November 30, 2021 | Artificial Intelligence, News

Pony’s passenger car business now moves from testing to commercialization.

Autonomous driving technology company has been authorized to run paid autonomous robotaxi services in the Beijing Intelligent Networked Vehicle Policy Pilot Zone in southeastern Beijing, the company announced Monday. Significantly, Beijing, China’s capital, is the first Tier-1 city in China to permit chargeable autonomous driving for passengers. (BusinessWire)

However, Pony is licensed to operate the paid service within the confines of the PonyPilot+ commercialization pilot area which covers the central areas of Yizhuang (60 square kilometers / 23.1 square miles) with about 200 travel stations in residential areas, commercial centers, and science and technology parks. The service is authorized for hours operating from 8:30 am to 10:30 pm only.

Passengers can use the Pony robotaxis via the Pony mobile app as well as PonyHI, the in-car interface. They can view the cost of the ride in both, and pay for it by scanning the QR code through Alipay or WeChat.

Pony: The next stage in self-driving vehicles

“Supportive policies, development of safe technology, and public acceptance are the keys to accelerating commercialization of the autonomous driving industry, and has conducted abundant testing of the application scenarios and product forms of autonomous driving over the past five years,” said James Peng, Co-founder and CEO, in a statement.

“With the commencement of this new policy, we will be able to validate’s commercialization model. These permits mark the next stage in the development of autonomous driving technology,” he added.

According to Reuters, Chinese tech group Baidu Inc (NASDAQ: BIDU) was also approved last Thursday for paid driverless robotaxi services in Beijing.

Related Story: Chinese Driverless Company Raises $100M In Extended Round

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
FinTech: Lloyds To Acquire Stake In Loyalty App Bink
January 4, 2022     FinTech, News

Lloyds Banking Group (LON: LLOY), Britain’s biggest mortgage provider, will acquire a minority stake in loyalty app Bink, according to a report by Sky News for an undisclosed amount that…
Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA
January 4, 2022     Digital Assets, News, Real Estate

An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN)…
Alternative Investments/ESG: VegTech Invest Launches Plant-Based Innovation & Climate ETF

VegTech Invest advisory has launched the VegTech Plant-based Innovation & Climate ETF (Ticker: EATV), its first financial product. The ETF offers exposure to publicly traded companies actively innovating with plants…超·世界.png
Venture Capital: Chinese AI Startup Parametrix Raises $100M, Turns Unicorn
January 4, 2022     Artificial Intelligence, News, Venture Capital

Chinese AI company has raised $100 million in a Series B round led by Sequoia China and joined by existing investors 5Y Capital and Gaorong Capital. Though the valuation…