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Chinese robotaxi firm Pony AI seeks up to $4.55 billion valuation in upsized US IPO
Chinese autonomous driving firm Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States. The company is now aiming to raise as much as $260 million in the IPO by offering 20 million American depositary shares (ADSs) priced between $11 and $13 each.
Pony AI Nears US IPO as Self-Driving Rivalry With China Heats Up
Autonomous driving startup Pony AI Inc.’s upcoming US initial public offering will be closely watched, as Donald Trump’s second administration considers moves that could ramp up competition in the sector with China.
Chinese AV startup Pony AI boosts its IPO goal to $260M
Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. That’s up from its previous target of around $224 million.
China's Pony AI seeks up to $4.55 billion valuation in upsized US IPO
(Reuters) -Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States, indicating strong demand for the Chinese robotaxi firm's long-sought New York listing.
Chinese robotaxi firm Pony AI seeks to raise up to $260 million in upsized US IPO
Chinese autonomous driving firm Pony AI said on Wednesday it was targeting to raise up to $260 million in its upsized initial public offering in the United States.
1d
on MSN
Trump's Tesla loophole can spark a new wave of robotaxi backlash
Lighting firecrackers are one of the unique cultural keystones that signify the celebration of the Lunar New Year, but during ...
1d
Trump’s victory could speed Musk’s robotaxi, but long road ahead
Tesla Last month Tesla CEO Elon Musk unveiled a model of what he said was a fully autonomous robotaxi. He touted the vehicle ...
2d
Pierre Ferragu Says 'Robotaxi Never Felt That Close Ever Before' After Tesla Drove Through Challenging Roads With No Intervention
A prominent Wall Street analyst has reported a milestone for Tesla Inc's Full Self-Driving technology, completing an ...
6d
Trump victory could ease regulatory path for Musk’s robotaxi, but hurdles remain
As Tesla’s electric-vehicle sales have flattened this year, CEO Elon Musk has increasingly staked the company’s future on his ...
8d
Waymo Opens Robotaxi Rides To Anyone In L.A.
The company said 300,000 people in the second-largest U.S. city have been waiting to use its robotic ridehail service – twice ...
5d
on MSN
Cruise admits to filing false report after robotaxi dragged a San Francisco pedestrian
Autonomous vehicle startup Cruise has admitted to filing a false report to the National Highway Traffic Safety Administration ...
6d
on MSN
Waymo opens robotaxi service to anyone in Los Angeles
The expansion comes eight months after Waymo began offering rides in Los Angeles to a limited group of passengers chosen from ...
7d
on MSN
Zoox rolls outs custom robotaxi in San Francisco, Las Vegas
Zoox is testing its custom robotaxis, which are built without a steering wheel or pedals, on public roads in San Francisco ...
8d
Waymo Robotaxi Now Open To All In Los Angeles
Waymo's service area is still 80 square miles (LA to Santa Monica) but now anybody can ride. It's another milestone.
7d
on MSN
Now anyone in LA can take Waymo robotaxi rides 24/7
Autonomous car specialist Waymo has said it's expanding its robotaxi service in Los Angeles, less than a year after launching ...
1d
on MSN
Tesla's market cap exceeds $1 trillion even though the robotaxi rollout timeline is uncertain
Tesla (NASDAQ:TSLA) gained 1.6% in early trading on Tuesday as the electric vehicle is showing little trouble in holding on ...
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