Pony AI Inc. CEO James Peng discusses the Chinese autonomous driving startup’s strategy amid the the geopolitical spat between the world’s two-largest economies. Pony’s American depositary shares erased an early pop to decline 7.7% in their trading debut after raising $413.4 million in an IPO and concurrent private placements. The company operates a fleet of more than 250 robotaxis and over 190 robotrucks, mostly in Chinese cities like Beijing and Shenzhen. Peng speaks on “Bloomberg: The China Show.” (Source: Bloomberg)
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