Self-Driving Firm Pony AI Looks Outside US to Avoid Tensions

Nov. 28, 2024, 2:40 AM UTC

Pony AI Inc. is diversifying its supply chain and looking at international markets other than the US to avoid geopolitics risk as tensions between Beijing and Washington remain volatile, according to Chief Executive Officer James Peng.

The autonomous-driving technology firm, which debuted on the Nasdaq on Wednesday, operates a fleet of more than 250 robotaxis and over 190 robotrucks, mostly in Chinese cities like Beijing and Shenzhen. As with other Chinese electric vehicle and tech companies, Pony AI is caught between the geopolitical spat between China and the US.

WATCh: Pony AI CEO James discusses the Chinese autonomous driving startup’s strategy amid tensions between the world’s two-largest economies. Source: Bloomberg

Pony AI’s shares fell 7.7% at ...

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