Sign up to save your podcasts
Or
Share Driverless car startup raises $462m at $3bn valuation
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Driverless car startup raises $462m at $3bn valuation
Carzaam Automotive News Episode 16: Pony AI - Nissan Switch - Uber
Driverless car startup Pony.ai raises $462 million at a $3 billion valuation
In a sign that investors’ still have enthusiasm for driverless cars, Pony AI has secured $462m in fresh funding, including $400m from Toyota.
The capital infusion brings the startup’s total raised amount to about $800m at a valuation north of $3bn.
After this round, Pony.ai is the second-most valuable independent autonomous driving company in the world now positioning themselves as a global autonomous driving company, now located in both the U.S. and China.
Pony.ai and Toyota last year announced a partnership to explore driverless mobility services across a range of segments and industries, and this new financing cements and expands that existing relationship.
Switching it up: Nissan launches subscription service in the U.S.
A future where roads are dominated by vehicle fleets is one step closer after the launch of Switch, an entry-level subscription car service by Nissan.
Subscription plans, which start at $699 per month plus a $495 one-time fee, provide subscribers with a vehicle rented for a maximum of 180 days, or 3,200 km–whichever is first.
Four vehicles are offered under the basic plan including the Altima, Frontier, Pathfinder and Rogue.
A $900-per-month premium membership also gives subscribers access to more vehicle models including the 370Z, Armada, Leaf Plus, Maxima, Murano and Titan.
For an additional $100-per-day, premium members may also rent a GT-R but this is capped at a maximum period of one week.
Uber Inks Deal With Adomni to Put Ad Displays Atop Vehicles
Uber has signed a deal with ad-tech company Adomni to introduce ad displays on top of a thousand vehicles in three cities by April 1.
While individual Uber drivers could previously install ad displays on top of their vehicles from third-party operators like Firefly, this agreement marks the first time Uber has rolled out a company-sponsored ad platform of its own.
Uber and Uber Eats drivers in Atlanta, Dallas, Texas, and Phoenix will be compensated to participate in the pilot program, which will launch with commercial advertisements on April 1.
Read more at: https://www.carzaam.com/post/carzaam-automotive-news-episode-16-pony-ai-nissan-switch-uber
Interested in Car Subscription, check out www.carzaam.com/subscribe
View all episodes
By Andrew ChilcottCarzaam Automotive News Episode 16: Pony AI - Nissan Switch - Uber
Driverless car startup Pony.ai raises $462 million at a $3 billion valuation
In a sign that investors’ still have enthusiasm for driverless cars, Pony AI has secured $462m in fresh funding, including $400m from Toyota.
The capital infusion brings the startup’s total raised amount to about $800m at a valuation north of $3bn.
After this round, Pony.ai is the second-most valuable independent autonomous driving company in the world now positioning themselves as a global autonomous driving company, now located in both the U.S. and China.
Pony.ai and Toyota last year announced a partnership to explore driverless mobility services across a range of segments and industries, and this new financing cements and expands that existing relationship.
Switching it up: Nissan launches subscription service in the U.S.
A future where roads are dominated by vehicle fleets is one step closer after the launch of Switch, an entry-level subscription car service by Nissan.
Subscription plans, which start at $699 per month plus a $495 one-time fee, provide subscribers with a vehicle rented for a maximum of 180 days, or 3,200 km–whichever is first.
Four vehicles are offered under the basic plan including the Altima, Frontier, Pathfinder and Rogue.
A $900-per-month premium membership also gives subscribers access to more vehicle models including the 370Z, Armada, Leaf Plus, Maxima, Murano and Titan.
For an additional $100-per-day, premium members may also rent a GT-R but this is capped at a maximum period of one week.
Uber Inks Deal With Adomni to Put Ad Displays Atop Vehicles
Uber has signed a deal with ad-tech company Adomni to introduce ad displays on top of a thousand vehicles in three cities by April 1.
While individual Uber drivers could previously install ad displays on top of their vehicles from third-party operators like Firefly, this agreement marks the first time Uber has rolled out a company-sponsored ad platform of its own.
Uber and Uber Eats drivers in Atlanta, Dallas, Texas, and Phoenix will be compensated to participate in the pilot program, which will launch with commercial advertisements on April 1.
Read more at: https://www.carzaam.com/post/carzaam-automotive-news-episode-16-pony-ai-nissan-switch-uber
Interested in Car Subscription, check out www.carzaam.com/subscribe