🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Pony AI says it has permit for driverless robotaxi services in Shanghai area - The Economic Times
Economic Times
·
28d ago
Medial
Pony AI has received a permit to launch fully driverless ride-hailing services in Shanghai's Pudong financial district. The company plans to begin operations in the core business districts of Jinqiao and Huamu and later expand to other areas. This development signifies a significant step in the commercialization of autonomous vehicle technology in China, highlighting Pony AI's position in the growing robotaxi sector.
View Source
1
Related News
Waymo looks to test its self-driving cars in New York
Economic Times
·
2m ago
Medial
Waymo plans to test its self-driving cars in New York City, marking its first venture into the area. Owned by Google, Waymo is applying for a permit to operate a small fleet of autonomous vehicles in Manhattan, starting with human drivers until regulators grant full autonomy. New York's testing restrictions currently prevent Waymo from offering robotaxi services like in other cities. Waymo aims to expand its robotaxi service to Atlanta, Miami, and Washington soon.
View Source
Uber said to be in talks to invest in US IPO of China’s Pony AI
Economic Times
·
9m ago
Medial
Uber plans to invest over $10 million in Pony AI's upcoming US initial public offering (IPO), according to sources familiar with the matter. This investment would potentially allow Uber to utilize Pony AI's autonomous driving technology in a partnership outside of the US. Uber has been actively involved in collaborations with other automated driving technology firms, including Waymo and Wayve Technologies. Pony AI's IPO, which has been pushed back due to regulatory inquiries, is expected to raise around $260 million. The Chinese company operates self-driving fleets and has permits for fully driverless taxi services in major cities in China.
View Source
Pony, investor Toyota partner to 'mass produce' robotaxis in China
TechCrunch
·
2y ago
Medial
Autonomous driving firm Pony.ai and Toyota are collaborating to develop "fully driverless robotaxis." Backed by $139 million from GAC Toyota Motor Co., the partnership involves Pony.ai equipping Toyota's EVs with its autonomous driving technology and "robotaxi network platform." Despite previous setbacks, including a California permit suspension and legal disputes, Pony.ai, valued at $8.5 billion, is striving to advance in the competitive autonomous vehicle industry alongside other well-funded companies.
View Source
Tesla gets first in a series of permits it needs to run robotaxis in California
Economic Times
·
5m ago
Medial
Tesla received initial approval from California to potentially launch a robotaxi service. The California Public Utilities Commission granted the company a transportation charter-party carrier permit, which allows operating a vehicle fleet for pre-arranged trips. However, this permit doesn't authorize autonomous public ride services. Tesla still needs additional permits from the California DMV and CPUC for a fully operational robotaxi service. Despite CEO Elon Musk's focus on robotaxis, further applications and approvals are necessary.
View Source
Uber in talks with its founder, Travis Kalanick, to fund self-driving car deal - The Economic Times
Economic Times
·
1m ago
Medial
Uber is in early talks with its co-founder Travis Kalanick to fund his purchase of Pony.ai's U.S. subsidiary. This deal, if realized, would let Kalanick lead Pony, a Chinese autonomous vehicle company. The discussions indicate Uber's strategic shift towards addressing competition from self-driving taxi services like Waymo and Tesla. While Uber's role in Pony is unclear, the move highlights increasing industry pressure and Kalanick's growing interest in robotics and autonomous technology.
View Source
Tesla to expand robotaxis to San Francisco area within two months, Musk says - The Economic Times
Economic Times
·
1m ago
Medial
Tesla plans to expand its robotaxi service to the San Francisco Bay Area in one to two months, pending regulatory approval, according to CEO Elon Musk. The service, crucial to Tesla’s future amid slumping electric vehicle sales, recently launched a test run in Austin, Texas. Expanding faces challenges from high costs, tight regulations, and Tesla’s need for multiple permits in California. The successful rollout is integral to Tesla's valuation tied to advances in autonomous technology.
View Source
Waymo robotaxi to begin driverless services for employees in Austin
Reuters
·
1y ago
Medial
Alphabet's self-driving car subsidiary, Waymo, announced that it will launch driverless passenger services for its employees in Austin, Texas, starting Wednesday. The services will cover 43 square miles of the city and will be extended to the public in the future, making Austin the fourth city where Waymo offers its ride-hailing program, Waymo One. The expansion comes as Waymo's key competitor, Cruise, has suspended operations following a pedestrian-dragging accident. Waymo recently received approval from the California Public Utilities Commission to start its driverless robotaxi services in Los Angeles and nearby cities.
View Source
Kyle Vogt, CEO of Robotaxi Developer Cruise, Resigns As Questions Linger Over Grisly Crash
Wired
·
1y ago
Medial
Kyle Vogt, the CEO of Cruise, a self-driving car developer, has resigned following the suspension of its robotaxi service permit by state regulators. The suspension came after a pedestrian was struck and dragged by one of Cruise's driverless vehicles. Vogt's departure comes as the company faces criticism for its aggressive approach to self-driving technology. Cruise's vice president of engineering, Mo Elshenawy, will take over as president and CTO, while GM's executive vice president of legal and policy, Craig Glidden, will serve as president of the unit.
View Source
Elon Musk says robotaxis are Tesla's future, experts have doubts
Economic Times
·
1y ago
Medial
As Tesla's electric car sales decline, CEO Elon Musk is shifting focus to artificial intelligence (AI) in an attempt to convince investors of future profitability. Musk envisions Tesla as a major player in the driverless taxi market, claiming the company is close to perfecting autonomous vehicles and securing regulatory approval for their deployment. However, significant technological advancements and changes in consumer behavior will be necessary for Musk's vision to become a reality. Tesla will face fierce competition from companies like Waymo, Cruise, and ride-hailing services. Skepticism about Tesla's plans is growing, particularly after the company reported a drop in second-quarter profit and delayed the unveiling of its robotaxi design.
View Source
Tech firms to showcase AI innovations in a China under US sanctions - The Economic Times
Economic Times
·
29d ago
Medial
Over 800 tech firms, including Chinese giants like Huawei and Alibaba and global companies like Tesla and Amazon, will gather in Shanghai for the World AI Conference, highlighting China's AI ambitions amid U.S. sanctions. Premier Li Qiang will address the event, underscoring China's goal to lead the AI race by 2030. The conference showcases China’s commitment to AI and self-sufficiency as it faces technological competition from the U.S.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/cloudfront-us-east-2.images.arcpublishing.com/reuters/WLMDZECGPZPGVPQU3VUN5GPH3A.jpg)
