Pony AI Inc. raised $260 million after pricing its US initial public offering at the top of the marketed range, according to people familiar with the situation, signaling strong investor interest for autonomous-driving technology and Chinese listings in New York.

China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each.

It sold 20 million American depositary shares in the offering priced to investors at $13 each, the high-end of its targeted range. Pony AI's listing may show how U.S. investors approach China-based companies under Donald Trump's administration,