Toyota and Pony.ai Collaborate to Mass Produce Robotaxis in China

TL;DR Summary
Toyota and Pony.ai are partnering to mass produce robotaxis in China, with plans to establish a venture that will manufacture autonomous vehicles equipped with Pony.ai's self-driving technology and ride-hailing services. The companies, along with GAC-Toyota, will invest over 1 billion yuan ($140 million) in the project. This move reflects Toyota's commitment to the Chinese market and its collaboration with Pony.ai, while supporting the growth of the connected car industry. China has been a leader in self-driving car development, and Pony.ai has already launched robotaxi services in several Chinese cities.
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