Latest news with #LeoWang
Yahoo
09-07-2025
- Automotive
- Yahoo
Pony AI (PONY) and Dubai RTA Reveal Next Step in Autonomous Vehicle Rollout
Pony AI Inc. (NASDAQ:PONY) is one of the . On July 7, PRNewswire and several other news sources reported that and Dubai's Roads and Transport Authority (RTA) recently held a reveal ceremony of Robotaxi in Dubai. The ceremony aimed to strengthen the partnership between the two, advancing Level (L4) autonomous mobility solutions. The partnership builds on their collaboration from last year, confirming that they will continue to work together to bring advanced self-driving technology to Dubai's transportation system. The said alliance aims to enhance urban mobility efficiency, decrease traffic congestion, and form sustainable transportation models. This, in turn, supports Dubai's vision to transform 25% of all journeys in the city into autonomous trips by 2030. A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle. 'The collaboration with Dubai RTA exemplifies our commitment to deploying Level 4 autonomous technology in strategic global markets. By aligning our technological capabilities with RTA's visionary leadership, we're establishing foundational standards for intelligent transportation ecosystems across the MENA region.' – CFO Dr. Leo Wang Pony AI Inc. (NASDAQ:PONY) specializes in autonomous mobility, offering AI-driven robotruck and robotaxi services, intelligent driving software, and vehicle integration solutions. While we acknowledge the potential of PONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Tribune
08-07-2025
- Automotive
- Daily Tribune
Pony.ai and RTA launch Robotaxi Trials in race to Smart City ruture
TDT | Manama Dubai's pursuit of a self-driving future took a major leap forward as and the Roads and Transport Authority (RTA) unveiled the first robotaxi prototype set to undergo trials in the emirate next year. The reveal ceremony, held on July 4th, marked a milestone in Dubai's partnership with the China-based autonomous driving firm. His Excellency Mattar Al Tayer, RTA's Director General and Chairman of the Board of Executive Directors, and Dr. Leo Wang, Chief Financial Officer of reaffirmed their commitment to launching supervised Level 4 robotaxi trials in 2025. Strategic collaboration The agreement is part of Dubai's wider Smart Self-Driving Transport Strategy, which aims to make 25% of all journeys within the emirate autonomous by 2030. RTA's continued outreach to global tech leaders underscores Dubai's push to become a global hub for intelligent, sustainable, and multi-modal mobility. 'The partnership with Pony. ai strengthens Dubai's leadership in autonomous transport and reflects our resolve to deliver smart, safe, and efficient services,' said H.E. Al Tayer, praising decision to use Dubai as a launchpad for global operations beyond China. Built for Dubai's roads Gen 7 robotaxis, which have been rigorously tested in high-temperature and desert conditions, were highlighted as fit for the region's unique road environments. The company has already deployed over 300 robotaxis across China's top cities and aims to expand its fleet to 1,000 by year-end. 'By aligning our tech with RTA's vision, we're creating a benchmark for autonomous transport in the MENA region,' said Dr. Wang. 'This collaboration reflects our shared belief in safer, greener mobility for all.' Global footprint grows The Dubai rollout adds to growing list of international partnerships, which include trials in Luxembourg, South Korea, and Singapore. The company has also teamed up with Uber to expand robotaxi integration into existing ride-hailing platforms. In Dubai, the upcoming trials will focus on first and last mile travel solutions, better public transport integration, and reducing traffic congestion. RTA said the project will improve road safety and mobility convenience for residents and visitors alike. As governments around the world race to update laws and infrastructure to accommodate autonomous vehicles, Dubai's proactive regulatory environment and strong partnerships continue to set it apart as a testbed for the mobility of tomorrow.
Time Out Dubai
07-07-2025
- Automotive
- Time Out Dubai
Dubai to launch driverless taxi trials this year ahead of 2026 rollout
The Roads and Transport Authority has announced its latest plans to bring robotaxis to Dubai. The RTA has signed a memorandum of understanding with American firm to introduce driverless taxi trials this year, ahead of a wider rollout in 2026. Dubai residents can expect an advanced fleet of vehicles to hit the roads next year. The company's vehicles are equipped with advanced artificial intelligence algorithms, supported by a sophisticated suite of sensors, including lidars, radars, and cameras, to ensure precise navigation and safety across varying road and weather conditions. This latest agreement follows previous deals with popular ride-hailing app Uber and Chinese firm Baidu to also start trials of autonomous taxis in Dubai. Driverless taxis will be introduced to Dubai roads in 2025 (Credit: RTA) collaborates with industry leaders, including Toyota, GAC Motor, and BAIC Motor, to develop its seventh-generation robotaxis. Mass deployment is slated for later this year following the vehicles' successful debut in Shanghai in April. Its advanced sensor array handles complex scenarios ranging from high-speed highways to crowded urban centres like Dubai's business and financial districts. Mattar Al Tayer, Chairman of the board of executive directors at the RTA, said the partnership will help the authority in its goal to bring more autonomous options to Dubai. He said: 'RTA's continued expansion of partnerships with leading global companies in the field of autonomous mobility marks a key step towards achieving the Dubai Smart Self-Driving Transport Strategy, which aims to convert 25 percent of all trips in Dubai into autonomous journeys across various modes of transport by 2030. 'It underscores RTA's commitment to working closely with global technology leaders to advance the future of smart, efficient, and sustainable mobility. 'The operation of autonomous taxis contributes to the integration of transport systems by facilitating the movement of public transport users and improving access to their final destinations in line with the first and last-mile strategy. 'Operating autonomous taxis will enhance the quality of life for residents and visitors in Dubai, improve road safety, and offer greater convenience in daily mobility across the emirate.' Driverless taxis will be introduced in Dubai (Credit: Baidu) Long-term plans for in Dubai include integrating robotaxi services with Dubai's multimodal transport network – encompassing metro, tram, and maritime routes – to create a future where autonomous vehicles complement existing infrastructure, enabling smoother journeys and reducing the city's carbon footprint. Dr. Leo Wang, CFO of said that they are committed to helping Dubai move to self-driving transport. He said: 'The collaboration with Dubai RTA exemplifies our commitment to deploying Level 4 autonomous technology in strategic global markets. 'By aligning our technological capabilities with RTA's visionary leadership, we're establishing foundational standards for intelligent transportation ecosystems across the MENA region.' More Dubai transport news 6 sci-fi (but sensible) public transport projects coming to Dubai From Elon Musk's underground tunnel to a trackless tram The UAE traffic law has now changed What you need to know about the new rules 36 huge traffic improvement projects coming soon to Dubai And some sooner than you think
TECHx
07-07-2025
- Automotive
- TECHx
Dubai Roads Authority Signs MoU with Pony.ai for Trials
Home » Smart Sectors » Mobility » Dubai Roads Authority Signs MoU with for Autonomous Trials Dubai's Roads and Transport Authority (RTA) has announced a Memorandum of Understanding (MoU) with The partnership will start pilot trials of autonomous vehicles in Dubai later this year. The trials aim to pave the way for a fully driverless commercial service set for launch in 2026. recently revealed its seventh generation of autonomous vehicles. These vehicles are developed with leading car manufacturers, including Toyota, GAC, and BAIC. They feature advanced artificial intelligence algorithms and a sophisticated sensor suite. This includes lidars, radars, and cameras to ensure precise navigation and safety in various road and weather conditions. The company also reported partnerships with major technology firms like Tencent and Alibaba. These collaborations will integrate robotaxi services into platforms such as WeChat and Alipay. The MoU signing ceremony was attended by key officials. His Excellency Mattar Al Tayer, Director General of RTA, and Dr. Leo Wang, CFO of were present. The agreement was signed by Mr. Ahmed Hashim Bahrozyan, CEO of Public Transport Agency (RTA), and Ms. Ann Shi, Vice President of Strategy and Business Development at His Excellency Mattar Al Tayer highlighted the importance of the partnership. He said it supports Dubai's efforts to adopt autonomous mobility solutions. He also noted that Dubai is becoming a global platform for expanding such technologies beyond China. Al Tayer explained that RTA plans to convert 25% of all trips in Dubai into autonomous journeys by 2030. He called this the Dubai Smart Self-Driving Transport Strategy. The initiative aims to promote smart, efficient, and sustainable mobility. The operation of autonomous taxis is expected to improve the integration of transport systems. It will ease access to final destinations and support the first and last-mile strategy. Moreover, autonomous taxis will enhance road safety and offer more convenience for residents and visitors. Dr. Leo Wang of emphasized the regional impact of this collaboration. He said the partnership aligns with their goal to deploy Level 4 autonomous technology in strategic global markets. He added that the collaboration will help establish standards for intelligent transportation across the MENA region. Key points: RTA and will start autonomous vehicle trials in Dubai this year. A fully driverless commercial service is expected by 2026. Partnership supports Dubai's Smart Self-Driving Transport Strategy targeting 25% autonomous trips by 2030. Source: Dubai Media Office
Malaysian Reserve
07-07-2025
- Automotive
- Malaysian Reserve
Pony.ai and Dubai RTA Co-Reveal Robotaxi Introduction, Marking Accelerated Collaboration Towards Dubai's Smart City Vision
DUBAI, UAE, July 7, 2025 /PRNewswire/ — On July 4, a global leader in autonomous driving technology, and Dubai's Roads and Transport Authority (RTA) held a reveal ceremony of Robotaxi in Dubai, cementing their partnership to advance Level (L4) autonomous mobility solutions. His Excellency Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of Dubai's Roads and Transport Authority, and Dr. Leo Wang, Chief Financial Officer of attended the ceremony. Building on the collaboration announced earlier this year, both sides reaffirmed their commitment to integrating cutting-edge self-driving technology into Dubai's multi-modal transportation framework. The strengthened alliance focuses on enhancing urban mobility efficiency, reducing traffic congestion, and establishing sustainable transportation models aligned with Dubai's vision to transform 25% of all journeys in the city into autonomous trips by 2030. His Excellency Mattar Al Tayer expressed his satisfaction with the signing of the MoU with emphasising that the partnership would support Dubai's ongoing efforts to adopt autonomous mobility solutions and reinforce its global leadership in future mobility. He also expressed appreciation for the company's decision to choose Dubai as its global platform for expanding operations beyond China. CFO Dr. Leo Wang highlighted the regional significance of the partnership: 'The collaboration with Dubai RTA exemplifies our commitment to deploying Level 4 autonomous technology in strategic global markets. By aligning our technological capabilities with RTA's visionary leadership, we're establishing foundational standards for intelligent transportation ecosystems across the MENA region.' Shaping the Future of Mobility Under the agreement, the collaboration will introduce autonomous driving technology through a multi-phase roll-out. Initial supervised robotaxi trials are set to launch in 2025. Al Tayer added: 'RTA's continued expansion of partnerships with leading global companies in the field of autonomous mobility marks a key step towards achieving the Dubai Smart Self-Driving Transport Strategy, which aims to convert 25% of all trips in Dubai into autonomous journeys across various modes of transport by 2030. It underscores RTA's commitment to working closely with global technology leaders to advance the future of smart, efficient, and sustainable mobility.' 'The operation of autonomous taxis contributes to the integration of transport systems by facilitating the movement of public transport users and improving access to their final destinations in line with the first and last-mile strategy. Operating autonomous taxis will enhance the quality of life for residents and visitors in Dubai, improve road safety, and offer greater convenience in daily mobility across the emirate.' 'Autonomous mobility has become a present reality. Leading global companies are accelerating the development of technologies and software that power autonomous vehicles, while governments—through the relevant licensing and regulatory authorities—are working to provide the necessary infrastructure and establish the legislative and regulatory frameworks required to enable their operation.' Advancing Autonomous Mobility Everywhere 2025 marks a pivotal year for as the company started mass production and deployment of its seventh-generation robotaxi technology unveiled in April during Shanghai Auto Show. The latest stack features 100% automotive-grade components with significant cost-efficiency improvement and cross-platform adaptability, and has withstood rigorous testing in extreme temperature fluctuations, including the high-temperature extremes and desert environment, to ensure safe navigation in local conditions. The company already operated a fleet of approximately 300 robotaxi vehicles in all of the four tier-1 Chinese megacities (Beijing, Shanghai, Guangzhou and Shenzhen) and its fleet size is on track to reach 1,000 by the end of this year. Its robotaxi services cover high-complexity scenarios such as high-speed rail stations, airports, and densely populated urban commercial areas. Having accumulated extensive robotaxi operational experiences, is committed to further broadening access to autonomous mobility for riders worldwide by extending collaboration with partners across the globe. It has secured robotaxi permits in four major markets, including the United States, China, South Korea, and Luxembourg. The company announced a strategic partnership with global ride-hailing giant Uber in May. It has started on-road testing in the community of Lenningen in Luxembourg by working closely with Emile Weber, the country's premier mobility solutions provider. In Asia, is looking to introduce robotaxis in Singapore by starting trials in collaboration with ComfortDelGro, a leading multi-modal transport operator headquartered in Singapore. And in the first quarter this year, started road testing in the heart of Seoul's CBD, Gangnam District, in South Korea. Photo – View original content:
