<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: TOYOTA MOTOR CORP/ -->
          <cik>0001094517</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Class A ordinary shares, par value $0.0005 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>11/26/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001969302</issuerCik>
        <issuerName>Pony AI Inc.</issuerName>
        <issuerCusip>732908108</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>1301 PEARL DEVELOPMENT BUILDING 1</com:street1>
          <com:street2>MINGZHU 1ST ST, HENGLI TWN, NANSHA DIST</com:street2>
          <com:city>GUANGZHOU</com:city>
          <com:stateOrCountry>F4</com:stateOrCountry>
          <com:zipCode>511458</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Toyota Motor Corporation</reportingPersonName>
      <citizenshipOrOrganization>M0</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>42453831.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>42453831.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>42453831.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>15.8</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
      <comments>Item 11* Based on 267,873,562 Class A ordinary shares reported by the Issuer to be issued and outstanding upon the completion of the Initial Public Offering and concurrent private placements (as defined and as further described in the Issuer's final prospectus on Form 424B4 filed with the SEC on November 27, 2024).</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Pony AI Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1301 Pearl Development Building, 1 Mingzhu 1st Street, Hengli Town, Nansha District, Guangzhou, People's Republic of China, 511458</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Toyota Motor Corporation</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>1 Toyota cho, Toyota City, Aichi 471-8571, Japan</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Please refer to Item 4 on the cover page for the Reporting Person.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>The information required by Item 4(a) is set forth in Row 9 of the cover page for the Reporting Person and is incorporated herein by reference.

732908108 is the CUSIP number assigned to the Issuer's American Depositary Shares, each representing one Class A ordinary share, which are listed on the Nasdaq Global Select Market under the symbol "PONY." There is no CUSIP number assigned to the Class A ordinary shares.</amountBeneficiallyOwned>
        <classPercent>The information required by Item 4(b) is set forth in Row 11 of the cover page for the Reporting Person and is incorporated herein by reference.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for the Reporting Person and is incorporated herein by reference.</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for the Reporting Person and is incorporated herein by reference.</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for the Reporting Person and is incorporated herein by reference.</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for the Reporting Person and is incorporated herein by reference.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <exhibitInfo>EXHIBIT          DESCRIPTION
1                      Power of Attorney*

____________________________________________________________

*Previously filed</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Toyota Motor Corporation</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Masahiro Yamamoto</signature>
        <title>Masahiro Yamamoto/Chief Officer, Accounting Group</title>
        <date>02/14/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
