#LegendCapital #PortfolioNews On July 4, our portfolio company, Pony.ai, and Dubai’s Roads and Transport Authority (RTA) unveiled Pony.ai’s Robotaxi at a launch ceremony in Dubai, marking a new chapter in their strategic collaboration. The partnership aims to support Dubai’s 2030 vision of making 25% of all city trips autonomous by integrating Pony.ai’s Level 4 autonomous driving technology into the local transport system. Initial road trials are expected to begin this year, reinforcing Dubai’s position as a global leader in smart mobility. #Robotaxi #AutonomousDriving #SmartCity #MobilityInnovation #Dubai2030
On July 4, Pony.ai, a global leader in autonomous driving technology, and Dubai's Roads and Transport Authority (RTA) held a reveal ceremony of Pony.ai's Robotaxi in Dubai, cementing their partnership to advance Level (L4) autonomous mobility solutions. His Excellency Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority, and Dr. Leo Wang, Chief Financial Officer of Pony.ai, attended the ceremony. Building on the collaboration announced earlier this year, both sides reaffirmed their commitment to integrating cutting-edge self-driving technology into Dubai's multi-modal transportation framework. The strengthened alliance focuses on enhancing urban mobility efficiency, reducing traffic congestion, and establishing sustainable transportation models aligned with Dubai's vision to transform 25% of all journeys in the city into autonomous trips by 2030. His Excellency Mattar Al Tayer expressed his satisfaction with the signing of the MoU with Pony.ai, emphasising that the partnership would support Dubai’s ongoing efforts to adopt autonomous mobility solutions and reinforce its global leadership in future mobility. He also expressed appreciation for the company’s decision to choose Dubai as its global platform for expanding operations beyond China. Pony.ai CFO Dr. Leo Wang highlighted the regional significance of the partnership: "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." Learn more: https://lnkd.in/gmKKSRJd #robotaxi #smartcity #autonomousmobility #techinnovation #mobilityinnovation