JV among GAC Toyota, Toyota China, and Pony.ai established
On May 1, Zhuifeng Intelligent Technology (Guangzhou) Co., Ltd., a Robotaxi joint venture (JV) among GAC Toyota, Toyota China, and Pony.ai, was established, with a registered capital of CNY 798 million. For the first phase, the new company plans to introduce 1,000 bZ4X Level 4 unmanned Robotaxis to provide unmanned m