OwlBrief

Stay informed, stay wise!

OwlBrief gives busy professionals the world’s top stories in seconds — five ultra-fast, AI-crafted briefs a day. Stay informed, stay wise, and never waste time on fluff.

Create account Log in
#AI & ML
TechCrunch
TechCrunch
2d ago 8 views

Stellantis teams up with Pony AI to develop robotaxis in Europe 

Stellantis and Pony AI have signed an agreement to develop robotaxis in Europe, integrating autonomous technology into Stellantis' electric vans. This collaboration is significant as it marks a step towards expanding autonomous vehicle deployment in European markets.
Stellantis teams up with Pony AI to develop robotaxis in Europe 
A What happened
Stellantis, a major automaker, has entered into a nonbinding agreement with Pony AI, a Chinese autonomous vehicle company, to develop robotaxis for deployment across Europe. The collaboration will see Pony's self-driving technology integrated into Stellantis' electric medium-size van platform, which is equipped with advanced sensors necessary for autonomous operation. The first test vehicles will be based on the Peugeot e-Traveller model, with testing set to commence in Luxembourg, where Pony has its European headquarters. The companies aim to expand their fleet across various European cities starting in 2026. This partnership follows Pony's recent agreement with Uber to enter international markets and its successful acquisition of an autonomous vehicle testing permit in Luxembourg earlier this year. Additionally, Pony is pursuing a secondary IPO to further its market presence.

Key insights

  • 1

    Expansion into Europe

    Pony AI aims to establish a foothold in the European autonomous vehicle market.

  • 2

    Testing in Luxembourg

    Initial testing of robotaxis will begin in Luxembourg, leveraging local regulations.

  • 3

    IPO Pursuit

    Pony AI is seeking a secondary IPO to enhance its financial capabilities.

Takeaways

The partnership between Stellantis and Pony AI represents a significant move towards the integration of autonomous vehicles in Europe, potentially reshaping urban transportation in the coming years.