PONY-W shares rose 3% in Hong Kong trading after the company announced its collaboration with SANY Truck and Dongfeng Liuzhou Motor to develop fourth-generation autonomous trucks, designed for mass production and deployment by 2026. These trucks will feature advanced technology to reduce costs and increase efficiency in freight logistics, aiming to transform the trucking industry with large-scale commercial driverless operations.
More about Pony AI Inc.
Pony AI Inc. operates in the autonomous vehicle industry, focusing on developing autonomous trucking technology. The company collaborates with major automotive manufacturers and has a significant presence in the Chinese market, where it has expanded its fleet and secured key operational licenses.
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