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Stock impact report

Chinese driverless car firm launches autonomous deliveries in California as lockdown continues [MSNBC.com]

Alphabet Inc. - Class C Capital Stock (GOOG) 
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Company Research Source: MSNBC.com
Pony.ai has teamed up with e-commerce site Yamibuy to launch a driverless delivery service in Irvine, California. Once a customer in the Irvine area place an order on Yamibuy, an autonomous car will pick up the package and deliver it to the destination. The customer then either comes to the car to collect it or an operator, who will be in the car, will drop it off at the doorstep.Chinese driverless car start-up Pony.ai has launched a delivery service in Irvine, California using its autonomous vehicles as people remain stuck at home due to the coronavirus outbreak.Last year, the company launched a robo-taxi service in Irvine in partnership with Hyundai using the South Korean automaker's cars equipped with Pony.ai technology. That driverless taxi service was suspended after a"shelter-in-place" order was issuedPony.ai has repurposed its fleet of 10 vehicles for deliveries. It has teamed up with e-commerce site Yamibuy for the initiative.Once a customer in the Irvine area places an order Show less Read more
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