Pony AI Inc. (NASDAQ:PONY) is one of the 10 AI Stocks Investors Are Watching This Week. On July 7, PRNewswire and several other news sources reported that Pony.ai and Dubai’s Roads and Transport Authority (RTA) recently held a reveal ceremony of Pony.ai’s 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.”
– Pony.ai 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.
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