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China Tech Digest: Pony ai Gets Road Test License; Xiaomi Set Up AI Innovation Fund

Total3 Pony.ai has gotten the road test licenses for Beijing Intelligent Connected Vehicle Policy Pilot Zone Chinese autonomous driving firm Pony.ai has obtained the autonomous driving road test licenses in Beijing’s Intelligent Connected Vehicle Policy Pilot Zone. Self-driving vehicles equipped with Pony Alpha X, the latest generation system of Pony.ai, will be allowed to conduct public road tests within the zone. The zone includes the planned area of 225 square kilometers, 6 highways and urban expressways with a total length of 143 kilometers surrounding Etown. Guoxiong Capital established a RMB500m carbon neutral industry fund Carbon Neutral Fund Launch Conference sponsored by Guoxiong Capital was held in Beijing today, announcing the establishment of a carbon neutral industry fund with a total scale of RMB500 million to invest and cultivate leading technology companies in the global carbon neutral field.

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