NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. ("Pony.ai" or the "Company") (NASDAQ:PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced it has received a permit from Luxembourg's Ministry of Mobility and Public Works to begin Level 4 (L4) Robotaxi testing. This pivotal milestone comes as Pony.ai establishes its first dedicated European research and testing hub in Luxembourg, making it the first autonomous vehicle company to do so. Pony.ai's cu ...

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced it has received a permit from Luxembourg’s Ministry of Mobility and Public Works to begin Level 4 (L4) Robotaxi testing. This pivotal milestone comes as Pony.ai establishes its first dedicated European research and testing hub in Luxembourg, making it the first autonomous vehicle company to do so. Pony.ai’s c ...

Core Insights - Lotus Technology Inc. has formed a strategic partnership with CaoCao Mobility to enhance intelligent mobility solutions in the ride-hailing industry [1][2] - The collaboration aims to leverage Lotus Robotics' intelligent driving technology and CaoCao Mobility's operational expertise to accelerate the deployment of robotaxi services across China [2][3] Company Developments - Lotus Robotics has launched an intelligent mobility platform for robotaxis in partnership with CaoCao Mobility, marking a significant advancement in the intelligent mobility sector [1][2] - The partnership will utilize CaoCao Mobility's extensive network of 35,000 enterprises across 57 cities to establish a competitive edge in the market [2] - Pilot operations for robotaxis equipped with Lotus Robotics' technology have commenced in Suzhou and Hangzhou, indicating the start of commercial deployment [3] Technological Innovations - Lotus Robotics is set to introduce advanced features such as mapless Urban Navigate on Autopilot and high-precision navigation capabilities, with a global rollout planned for Q4 2025 [4] - The company has been providing end-to-end intelligent driving solutions to various global OEMs, which is expected to diversify its revenue streams and enhance growth [5] Industry Context - The partnership with CaoCao Mobility is part of a broader trend in the intelligent mobility sector, where companies are increasingly integrating advanced technologies to improve ride-hailing services [2][3] - Lotus Technology Inc. operates in multiple regions including the UK, EU, and China, focusing on luxury battery electric vehicles and next-generation automobility technologies [6]