Robotaxi maker Pony AI sees Trump’s trade war hitting sentiment, overseas expansion plans

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China-based robotaxi developer Pony AI Inc said on Thursday that US President Donald Trump’s trade war with China was likely to dampen its international expansion plans, but it anticipated little direct impact on its supply chain.

The Toyota-backed company has been exploring the deployment of its autonomous driving business in South Korea, Luxembourg, the Middle East and other countries after raising $260 million from listing on the Nasdaq in November.

Trump’s move to impose a blanket 10% tariff on all other US imports and a higher 145% levies on…



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Robotaxi maker Pony AI sees Trump’s trade war hitting sentiment, overseas expansion plans


China-based robotaxi developer Pony AI Inc said on Thursday that US President Donald Trump’s trade war with China was likely to dampen its international expansion plans, but it anticipated little direct impact on its supply chain.

The Toyota-backed company has been exploring the deployment of its autonomous driving business in South Korea, Luxembourg, the Middle East and other countries after raising $260 million from listing on the Nasdaq in November.

Trump’s move to impose a blanket 10% tariff on all other US imports and a higher 145% levies on…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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