Chinese autonomous-driving technology firm Pony.ai is betting on an “asset-light” strategy and newer generations of low-cost driverless cars to drive growth for its robotaxi operation as the company expects to break even by 2030.
Under the asset-light model, Pony.ai would team up with third-party companies – such as taxi operators or ride-hailing platforms – that would fund the deployment of its robotaxi fleet, according to Leo Wang Haojun, chief financial officer.
Instead of taking on the full…
Original Article: https://www.scmp.com/business/china-business/article/3336235/chinese-robotaxi-firm-ponyai-bets-asset-light-strategy-growth?utm_source=rss_feed
