Chinese robotaxi company Pony AI files for U.S. IPO

New listings pick up pace, buoyed by Fed's policy-easing cycle

20241017N Pony AI self-driving car REU

A vehicle equipped with Pony AI's self-driving technology is parked at the company's office in Fremont, California, in June 2021. © Reuters

(Reuters) -- China-based autonomous driving firm Pony AI filed for an initial public offering in the U.S. on Thursday, in another sign of growing investor interest in new listings and easing regulatory pressures.

Activity in the IPO market has picked up pace in recent weeks, buoyed by the U.S. Federal Reserve kicking off its highly anticipated policy-easing cycle and benchmark indexes tracking equities trading near record high levels.

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