Info
Info

Pony.ai forms JV with Sinotrans

News

Pony.ai has announced that PonyTron, its autonomous trucking business unit, formed a joint venture with Sinotrans, part of China Merchants Group and one of China’s leading logistics and freight forwarding companies. The two companies will work together to build a smart logistics network featuring autonomous driving trucking technologies. The joint venture is expected to commence operations in early 2022 with an intelligent logistics fleet consisting of over 100 trucks. Over time, this fleet size is expected to grow substantially, incorporating cutting edge autonomous driving technologies, along with sophisticated logistics technology.

Info

“Intelligent technologies are driving the transformation of mobility and transportation. Sinotrans is a world-leading logistics firm and Pony.ai offers world-class autonomous driving technologies. This strong partnership will create a benchmark for the massive commercial deployment of autonomous technologies, and will improve the efficiency and quality of the logistics sector. In addition, these technologies will add significant safety and environmental benefits to the trucking sector in China. We are delighted to shape the future of logistics together with Sinotrans,” said James Peng, co-founder and CEO of Pony.ai.

“This innovative combination of an autonomous vehicle technology company together with a traditional logistics company will certainly inspire the transformation of the logistics sector. By forming an intelligent logistics platform, the two companies will join hands to tackle the core problems in both the autonomous driving and logistics sectors. We firmly believe that technological development will further strengthen the logistics sector and the entire industrial chain,” said Song Rong, Executive Director and President of Sinotrans.

“The joint venture with Sinotrans will provide real life logistics scenarios to fully test and leverage our ‘virtual driver' capabilities as trucking in China combines both the complexities of highway trucking and city trucking. We will be able to accumulate a massive amount of useful data, representing the full complexity of trucking traffic patterns, from open highways to downtown urban settings, which will be a great catalyst for the development of autonomous driving technology,” said Tiancheng Lou, co-founder and CTO of Pony.ai.

In June 2021, PonyTron and Sinotrans launched a pilot program testing autonomous driving technologies for long-haul logistics, laying a solid foundation for the new joint venture.

Sinotrans, a subsidiary of China Merchants Group, is aiming to build a world-class business platform with intelligent logistics services. Its third-party logistics and freight forwarding services were ranked seventh and third globally, according to a 2020 Armstrong & Associates ranking.

PonyTron, Pony.ai's autonomous trucking business unit, has grown rapidly since its creation in late 2020 with milestones including: obtaining driverless trucking road test licenses in both Guangzhou and Beijing, obtaining a permit to test self-driving trucks on Beijing's highways, as well as obtaining a license to offer commercial road transport services in China. By the end of November 2021, PonyTron had accumulated 50,000 kilometers (over 31,000 miles) of commercial operation and had delivered over 16,400 tons of goods. On December 5th, Pony.ai tested its PonyTron autonomous truck on a highway in Beijing, the first time any self-driving company had conducted autonomous trucking tests on an open highway in China.


The Latest News, Brought To You By
Pony.ai forms JV with Sinotrans
Modified on Tuesday 4th January 2022
Find all articles related to:
Pony.ai forms JV with Sinotrans
TaaS Technology Magazine
Info
Leadership Changes At Cruise
Hyundai Motor Group Reveal Mobile Eccentric Droid (MobED) – An All-new Mobility Platform For Versatile Applications
Nextbase Introduces The Nextbase IQ
Waymo And Zeekr To Collaborate On All-electric, Fully Autonomous Ride-hailing Vehicle
Volvo Cars And Northvolt To Open Gothenburg R&D Centre
Pony.ai Forms JV With Sinotrans
SEAT S.A. Opens Pioneering Battery Research And Development Centre
New Solutions For Charging Electric Volkswagen Models
Lightning EMotors Announces Strategic EV Battery Partnership For Supply Of CATL Battery Systems
Velodyne Lidar Provides Perception Technology For ROBORACE Autonomous Racing Series
Rivian To Site Second Manufacturing Plant In Georgia
Arrival Reveals Its First Electric Car Designed To Transform The Global Ride-hailing Industry
RoboSense Announce Strategic Partnership With Horizon Robotics
GEFCO Tests Stanley Robotics’ Autonomous Mobile Robot For Vehicle Storage Operations
Volkswagen Group Creates European Company For Its Battery Business
Tritium Wins Shell Global EV Charging Tender
Volta Trucks Partners With HERE Technologies
Cellforce To Set Up Production In Proximity To Stuttgart-Zuffenhausen
TÜV SÜD Invests $44 Million In State-of-the-art EV Battery Testing Facility
Over 100 New Tritium Fast Chargers Added To The Osprey Charging Network In The UK
Porsche Launches Largest Manufacturer-branded Charging Network In Singapore
Fisker To Partner With Bridgestone For EV Services And Solutions In France And Germany
New German Government Gives The Go-ahead For The H2Global Initiative
Continental Acquires Stake In Software Specialist Apex.AI
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
Live Event