Chinese autonomous driving developer Pony.ai files for US IPO [Video]

Last night, Pony.ai, one of China’s most prominent names in autonomous driving and robotaxi rides, filed an IPO prospectus with the US Securities and Exchange Commission (SEC). If approved, the robotaxi company intends to trade on the Nasdaq.

Pony.ai Inc. is a technology company founded in 2016 specializing in fully autonomous mobility. Its robotaxi development has risen to prominence with support from partnerships with global OEMs like Toyota, GAC Group, and NIO Capital.

One year ago, Pony.ai announced it had garnered a $100 million investment from the NEOM Investment Fund (NIF) as part of a new joint venture to bring robotaxi rides to Saudi Arabia.

In its native China, Pony.ai became the first to commercialize autonomous taxi services in local cities like Beijing and Guangzhou. It was also one of the first companies licensed to operate in other tier-1 cities like Shanghai and Shenzhen. It has since expanded to US cities like Tucson, Arizona.

With global operations expanding on new …