Pony.ai launches self-driving trucking company Cyantron with Sinotrans, with operations to start on April 1; company is headquartered in Guangzhou, China, and will have a fleet of over 100 smart heavy-duty trucks

Sample article from our Logistic & Supply Chain

Guangzhou , April 1, 2022 (press release) –

Pony.ai and Sinotrans have committed more than 100 trucks and will begin container transportation operations.

Cyantron, a self-driving trucking company launched by Pony.ai, a Chinese self-driving startup backed by Toyota Motor and NIO, and Sinotrans Limited , a local logistics company, has been officially established and will start operations on April 1 .

Pony.ai announced the development today, saying Cyantron is headquartered in Guangzhou and has set up its first subsidiary in Qingdao .

On December 27 last year, Pony.ai announced that it had signed an agreement with Sinotrans to form a joint venture to build a high-quality smart logistics capacity platform with autonomous driving technology at its core.

The joint venture is expected to be formally established and operational by early 2022, with an initial joint investment of RMB 100 million ( $15.7 million ), Pony.ai previously said.

The joint venture will initially have a fleet of more than 100 smart driving heavy trucks and will continue to expand in the future to provide safer, more efficient and lower-cost capacity services and freight solutions, Pony.ai said in a statement last year.

The two companies have now jointly committed more than 100 trucks to begin container shipping operations, Pony.ai's statement said today.

Building on Pony.ai's experience in self-driving technology and smart logistics platforms, Cyantron has put L4 self-driving trucks into service, the company said.

Song Rong , general manager of Sinotrans , became Cyantron's chairman and Li Hengyu, vice president and head of Pony.ai's truck business unit, served as CEO, according to the company.

Before the start of official operations, Cyantron has recently used several self-driving trucks to provide household goods delivery services in Dongguan , Guangdong province, which was affected by the Covid pandemic, according to Pony.ai

 

 

 


The views expressed in content distributed by Newstex and its re-distributors (collectively, "Newstex Authoritative Content") are solely those of the respective author(s) and not necessarily the views of Newstex et al. It is provided as general information only on an "AS IS" basis, without warranties and conferring no rights, which should not be relied upon as professional advice. Newstex et al. make no claims, promises or guarantees regarding its accuracy or completeness, nor as to the quality of the opinions and commentary contained therein.

 

 

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Jason Irving
Jason Irving
- SVP Enterprise Solutions -

We offer built-to-order logistic & supply chain coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.