https://techcrunch.com/2023/10/25/pony-ai-gets-100m-autonomous-vehicle-jv-saudi-arabias-neom/

Chinese autonomous vehicle startup Pony.ai has scored $100 million from Neom, Saudi Arabia’s futuristic city and development project. As part of the deal, the two plan to establish a joint venture to develop, manufacture and deploy autonomous vehicles and smart infrastructure in Neom and key markets in the Middle East North Africa region.

The deal with Pony.ai comes amid increasing cooperation between Saudi Arabia and Chinese companies, particularly in regards to technological and scientific innovation.