{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/pony-investor-toyota-partner-to-mass-produce-robotaxis-in-china/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Pony, investor Toyota partner to ‘mass produce’ robotaxis in China","slug":"pony-investor-toyota-partner-to-mass-produce-robotaxis-in-china","createdLocal":"2023-08-05 14:31:05.580479","publishDate":"2023-08-04 00:00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://techcrunch.com/2023/08/04/pony-investor-toyota-partner-to-mass-produce-robotaxis-in-china/"},"postSummary":{"childMarkdownRemark":{"html":"<p>The investment follows Toyota’s move to pump about $400 million into Pony back in 2020.\nIn 2021, Pony kicked off driverless-vehicle testing in California, only to see its permit suspended six months later.\nThe same year, the company seemed to shrink its autonomous trucking ambitions when it consolidated its R&#x26;D teams and shed a couple executives.\nThe next year, Pony recalled its autonomous-driving software and sued two former staffers for allegedly swiping trade secrets when they left to found a startup called Qingtian Truck.\nYet, around the same time, Pony claimed to be worth $8.5 billion (and that’s the last we’ve heard of its valuation to date).</p>"}}}},"pageContext":{"slug":"pony-investor-toyota-partner-to-mass-produce-robotaxis-in-china"}}}