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With Pony’s offering, Chinese companies have raised $1.2 billion via U.S. IPOs this year, nearly double the amount in the same period in 2023 but below the heights seen during the pandemic.

Uber Technologies plans to invest in Pony AI’s U.S. initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm.

The start of commercial operations for factory-built autonomous Class 8 tractors by Volvo Autonomous Solutions and Aurora Innovation is due in a matter of days.

Rotor Technologies has built two autonomous Sprayhawk helicopters and aims to have as many as 20 ready for market next year.ÌýFor now, Rotor is focused on the agriculture sector.

Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.

Autonomous vehicle maker Cruise has admitted to a federal charge and agreed to pay a $500,000 fine in connection with a crash last year involving one of its vehicles that left a person injured.

Pony.ai Inc. is looking to raise as much as $195 million from its U.S. initial public offering as automotive-related companies lead a modest pickup in Chinese listings.

Automated driving technology companyÌýPlusÌýhas been ramping up on-road testing of autonomous heavy-duty trucks in the United States and Europe in cooperation withÌýTratonÌýGroup’s commercial truck brands.Ìý

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Zoox’s self-driving vehicles began rolling out in San Francisco’s SoMa neighborhood this week, and are expected to compete with robotaxis designed by Waymo.