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02-26-2020, 08:40 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Toyota (https://www.autoblog.com/toyota),Emerging Technologies (https://www.autoblog.com/category/emerging-technologies/),Autonomous (https://www.autoblog.com/category/autonomous/),Future (https://www.autoblog.com/category/future/)
https://o.aolcdn.com/images/dims3/GLOB/crop/5088x2862+0+305/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-02/bec82d10-584c-11ea-bb7d-1774f7c36545 HONG KONG/BEIJING (Reuters) - Autonomous driving firm Pony.ai said on Wednesday it has raised $462 million (425 million pounds) in its latest funding round, led by an investment by Japan's largest automaker Toyota Motor Corp. Toyota invested around $400 million in the round, Pony.ai said in a statement, marking its biggest investment in an autonomous driving company with a Chinese background. The investment by Toyota comes at a time when global car makers, technology firms, start-ups and invesContinue reading Toyota bets $400 million on a Pony (https://www.autoblog.com/2020/02/26/toyota-pony-ai-autonomy-funding/)
Toyota bets $400 million on a Pony (https://www.autoblog.com/2020/02/26/toyota-pony-ai-autonomy-funding/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 26 Feb 2020 09:38:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).


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