The cost of the Toyota-backed company reached $ 5.3 billion. This makes China's Pony.ai one of the most expensive autonomous control system design startups.

Pony.ai, a startup that develops autonomous management systems, announced the initial stage of a fundraising campaign and raised $ 267 million through it. Writes about it Reuters.

Shenzhen residents will see truly self-driving cars on the road starting Thursday. AutoX, a four-year startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 self-driving cars in downtown Shenzhen, marking the first time any autonomous vehicle in China has been tested on public roads without safety drivers or remote operators.

Dozens of companies are striving to create a new type of battery: improve energy consumption, service life, accelerate the charging and make sure that the battery is discharged as slowly as possible. Huge sums are invested in new energy storage technologies - about $ 3 billion per year. According to estimates by the Swiss bank UBS, the energy storage market could grow to $ 426 billion over the next decade. High-tech talks about the development of energy storage technologies and why everything depends on the extraction of expensive elements.

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