{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/pony-ai-and-toyota-to-form-ioint-venture-to-mass-produce-robotaxis-in-china/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Pony.ai and Toyota to form ioint venture to mass produce robotaxis in China","slug":"pony-ai-and-toyota-to-form-ioint-venture-to-mass-produce-robotaxis-in-china","createdLocal":"2023-08-06 14:30:57.194130","publishDate":"None","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://en.pingwest.com/w/12034"},"postSummary":{"childMarkdownRemark":{"html":"<p>Toyota and Pony.ai, have unveiled their ambitious plans to commence mass production of robotaxis in China.\nThe joint venture between Toyota and Pony.ai is backed by approximately $139 million in capital from GAC Toyota Motor Co.\nThis capital injection comes from GAC Toyota Motor Co., a joint venture between Toyota China and GAC, a prominent Chinese state-owned automaker.\nFollowing Toyota's earlier investment of approximately $400 million in Pony.ai back in 2020, the recent infusion of $139 million from GAC Toyota Motor Co. further solidifies their partnership.\nMoreover, Pony.ai has also extended its presence beyond China and established offices in the United StatesIn 2021, Pony.ai initiated driverless-vehicle testing in California.</p>"}}}},"pageContext":{"slug":"pony-ai-and-toyota-to-form-ioint-venture-to-mass-produce-robotaxis-in-china"}}}