Self-driving firm Pony.ai gets funding from China carmaker FAW

www.bloombergquint.com

#China #funding - Self-driving technology startup Pony.ai struck a funding agreement with carmaker FAW Group, calling it the first strategic investment by a Chinese state-owned vehicle manufacturer into an autonomous-technology company. As part of the pact, Pony.ai technology will be used in a vehicle platform that forms the basis of FAW’s Red Flag-branded electric cars, (Bloomberg)

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