2020.11.10 20:16 GMT+8

Self-driving cars in China? 'In the coming years,' says Pony.ai VP

Updated 2020.11.10 20:16 GMT+8

Developing autonomous vehicles has turned out to be slower, more difficult and expensive than what industry experts thought, and it may be some time before we see a fleet of driverless cars on public roads. 

Pony.ai has become one of the most valuable autonomous driving startups in the world, as it raised another $267 million in its latest funding round. The California-based company – which is also backed by Toyota – is now valued at a whopping $5.3 billion, according to a Reuters report. 

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