GZERO AI
A Chinese autonomous vehicle firm is going public in the US
Pony.ai and its first automatic driving system production line, as seen in Shanghai, in 2020.
Oriental Image via Reuters Connect
October 22, 2024
On Oct. 17, a Chinese autonomous vehicle company called Pony AI filed to go public in the United States through an initial public offering. The company is the latest Chinese firm to seek entry into the US public markets after Beijing eased its restrictions on its domestic private sector seeking foreign investment and listing on US exchanges. The Chinese electric vehicle startup Zeekr began trading on the New York Stock Exchange in May.
Pony AI, which makes robotaxis, has ties to both China and Silicon Valley, but it’s also backed by the Japanese automaker Toyota and Saudi Arabia’s NEOM Investment Fund. China’s securities regulator approved Pony AI to list on either the Nasdaq or the NYSE in April.
The US and China are currently feuding over artificial intelligence, each vying to become the global leader in the technology and gain a strategic edge — but that battle, which largely focuses on chips and tech infrastructure, is unlikely to affect this deal. The US Securities and Exchange Commission has previously pushed for tougher rules about Chinese companies going public on US stock exchanges, but that’s largely affected those going public through shell companies — a popular workaround to Chinese restrictions — rather than through traditional IPOs.More For You
America’s new National Security Strategy confirms what Europeans have feared for months: Washington now sees a strong, unified European Union as a problem to be solved, not an ally to be supported.
Most Popular
Sponsored posts
The power of sports
What's Good Wednesdays
What’s Good Wednesdays™, December 10, 2025
Walmart sponsored posts
Walmart's $350 billion commitment to American jobs
In this episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ed Policy, President and CEO of the Green Bay Packers, to discuss how purpose-driven leadership and innovation are shaping the future of one of the world’s most iconic sports franchises. Ed shares how technology and community-focused initiatives, from Titletown Tech to health and safety innovations on the field, are transforming not just the game of football, but the economy and culture of Green Bay itself. He explains how combining strategic vision with investment in local startups is keeping talent in the Midwest and creating opportunities that extend far beyond Lambeau Field.
Subscribe and find new episodes monthly, wherever you listen to podcasts.
Members of security forces stand guard outside a polliong station, a week late in a special election, after the local governing party kept voting closed on election day, amid accusations of sabotage and fraud, in a presidential race still too close to call as counting continues, in San Antonio de Flores, Honduras, December 7, 2025.
REUTERS/Leonel Estrada
More than a week after Hondurans cast their ballots in a presidential election, the country is still stuck in a potentially-dangerous post-election fog.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.