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Business Upturn
21 hours ago
- Business Upturn
PONY AI Inc. Among the First to Receive Permit for Fully Driverless Commercial Robotaxi Services Shanghai's Pudong New Area
SHANGHAI, China, July 26, 2025 (GLOBE NEWSWIRE) — Pony AI Inc. (' or the 'Company') (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that it has received a permit to provide fully driverless commercial Robotaxi services of Shanghai's Pudong New Area, issued at the World Artificial Intelligence Conference ('WAIC') 2025. This achievement demonstrates not only increasing regulatory trust and recognition in the Company's technology and safety standards, but also represents another major milestone in advancing Robotaxi commercialization in a top-tier urban market in China. is among the first companies to receive this approval, making it the only company with fully driverless commercial Robotaxi service permits in all four of China's tier-one cities—Beijing, Shanghai, Guangzhou, and Shenzhen. The Company will launch fully driverless ride-hailing services, starting in the core business district of Jinqiao and Huamu before expanding to other regions. This milestone demonstrates technological and operational readiness and solidifies its leadership in advancing autonomous mobility in China — further accelerating the integration of self-driving technology into Shanghai's urban ecosystem. With a population of over 5 million people across nearly 1,400 square kilometers, Pudong New Area is home to key financial institutions, multinational corporations, and high-tech innovation hubs, serving as a gateway to China's economy for the world. The newly opened area in Jinqiao and Huamu represents the strategic core area of Pudong New Area. In particular, Huamu is located less than 3 kilometers from Lujiazui, the heart of Shanghai's financial district and luxury retails. This close proximity enables to engage with premium users and unlock substantial commercial opportunities in the future. About Pony AI Inc. Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. For more information, please visit: Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to,' and similar statements. Statements that are not historical facts, including statements about beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in filings with the SEC. All information provided in this press release is as of the date of this press release, and does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Relations Email: [email protected] Media Relations Email: [email protected]
Car and Driver
2 days ago
- Car and Driver
View Interior Photos of the 2025 BMW X3 30 xDrive
But there isn't much room left on the driver's side, so both sides feature side vents and their controls baked into the door panel. It's a little awkward.
Yahoo
3 days ago
- Yahoo
Cars.com to Announce Second Quarter 2025 Financial Results
CHICAGO, July 24, 2025 /PRNewswire/ -- Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the second quarter ended June 30, 2025, on Thursday, August 7, 2025. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results. The conference call will be hosted by Chief Executive Officer, Alex Vetter and Chief Financial Officer, Sonia Jain. Those interested are invited to listen to the live webcast online at A webcast replay will be available shortly afterwards by visiting Events on the Investor Relations website. ABOUT CARS COMMERCE Cars Commerce is an audience-driven technology company empowering the automotive industry. The Company simplifies everything about car buying and selling with powerful products, solutions and AI-driven technologies that span pretail, retail and post-sale activities – enabling more efficient and profitable retail operations. The Cars Commerce platform is organized around industry-leading brands such as the flagship automotive marketplace and dealer reputation site award-winning website and digital retail technology and marketing services from Dealer Inspire, essential trade-in and appraisal technology from AccuTrade, a reputation-based dealer-to-dealer wholesale auction from DealerClub and exclusive in-market media solutions from the Cars Commerce Media Network. Learn more at View original content to download multimedia: SOURCE Cars Commerce Sign in to access your portfolio
