Pony AI Inc. Stock Price, News & Analysis

Pony AI (NASDAQ:PONY), a leader in autonomous mobility, has secured a permit to operate fully driverless commercial Robotaxi services in Shanghai's Pudong New Area. The company becomes the only provider with such permits across all four of China's tier-one cities: Beijing, Shanghai, Guangzhou, and Shenzhen.

The service will initially launch in the Jinqiao and Huamu core business districts before expanding to other areas. The operating zone in Pudong New Area spans nearly 1,400 square kilometers with over 5 million residents. Notably, the Huamu area is strategically located less than 3 kilometers from Lujiazui, Shanghai's premier financial district.

Pony.ai (NASDAQ: PONY) has launched 24/7 Robotaxi operations in Guangzhou and Shenzhen, expanding from its previous 15-hour daily service. The company has also extended testing to 24-hour operation in Beijing.

The autonomous driving system has accumulated over 50 million kilometers of global testing and 500,000 hours of driverless operation, achieving safety records reportedly 10 times better than human drivers. The company's seventh-generation Robotaxis feature advanced multi-sensor technology, including 128-beam LiDAR, 8-megapixel cameras, and 4D radar, enabling 360-degree perception up to 650 meters.

Built on the PonyWorld foundation model, the system includes proprietary sensor self-cleaning capabilities for reliable operation in various weather conditions, positioning the company for expanded commercial Robotaxi services across major Chinese cities.

Pony AI (NASDAQ:PONY), a leader in autonomous mobility, has initiated road testing of its seventh-generation (Gen-7) BAIC Robotaxi in Beijing. The testing is taking place within Beijing's 225-square-kilometer High-Level Autonomous Driving Demonstration Zone.

The company is now conducting concurrent Gen-7 Robotaxi testing with both BAIC and GAC models across three major cities: Beijing, Guangzhou, and Shenzhen. This multi-city deployment demonstrates the adaptability of Pony.ai's autonomous driving system. The company aims to expand its fleet to 1,000 vehicles by the end of 2025.

Pony.ai (NYSE:PONY) announced that its Level 4 (L4) automotive-grade autonomous driving domain controller has achieved a significant 2 million kilometer milestone in on-road testing. The seventh-generation system, unveiled at the Shanghai Auto Show, features 80% cost reduction compared to its predecessor and is designed for a 10-year or 600,000-kilometer lifecycle.

The proprietary controller utilizes four NVIDIA OrinX chips, delivering 1,016 TOPS of computing power, with integrated redundancy systems. The company has achieved 50-80% reduction in size, weight, power consumption, and cost through its innovative design. Pony.ai plans to deploy a fleet of 1,000 autonomous vehicles in 2025, marking its first year of mass production.

Pony AI (NASDAQ:PONY), a leader in autonomous mobility, has initiated mass production and road testing of its seventh-generation Robotaxi models. The company has partnered with GAC and BAIC to manufacture these vehicles, with production beginning in June and July 2025 respectively.

The Gen-7 autonomous driving system features three key innovations: it's the first to use 100% automotive-grade components, achieves a 70% reduction in BOM costs for the autonomous driving kit, and includes an enhanced platform-based design for multi-vehicle adaptation. The company aims to expand its fleet to 1,000 vehicles by the end of 2025, with road testing already underway in Guangzhou and Shenzhen.

Pony AI (NASDAQ:PONY), a leader in autonomous mobility commercialization, has announced a strategic partnership with Dubai's Roads and Transport Authority (RTA) to implement L4 autonomous mobility solutions in Dubai. The collaboration will integrate Pony.ai's autonomous driving technology through a phased approach.

Initial supervised robotaxi trials are scheduled to begin in late 2025, with plans for eventual fully driverless service. Pony.ai brings significant experience to the partnership, holding robotaxi operational permits in four major markets: the United States, China, South Korea, and Luxembourg.

Pony.ai (NASDAQ:PONY) has been added to the Nasdaq Golden Dragon China Index, becoming the only autonomous driving company in this benchmark index of 73 Chinese companies listed on U.S. exchanges. Following this announcement, PONY shares surged 16.7% to $13.3 on June 24, while the index rose 3.3%.

The company operates a fleet of 300 Robotaxis across four major Chinese cities and recently unveiled its 7th generation autonomous driving system, achieving 70% BOM cost reduction through automotive-grade components. Pony.ai plans to expand its fleet to 1,000 units by end-2025 through mass production partnerships with Toyota, GAC, and BAIC.

Pony.ai (NASDAQ:PONY) has launched public road testing of its seventh-generation Robotaxis in Guangzhou and Shenzhen, China, using GAC's Aion V model equipped with their latest autonomous driving system. The Gen-7 system features 100% automotive-grade components, 70% lower BOM costs, and enhanced platform adaptability. The system includes six types of mass-production sensors, proprietary cleaning solutions, and the PonyWorld model with reinforcement learning. Pony.ai has accumulated over 45 million kilometers in global testing, operates across 2,000+ square kilometers in four Chinese cities, and logged 500,000 hours of fully driverless operation. The company aims to deploy over 1,000 vehicles by end-2025, supported by partnerships with major players like Tencent Cloud, Uber, and ComfortDelGro.

Pony AI Inc. (NASDAQ: PONY) has announced a strategic partnership with Shenzhen's largest taxi operator, Xihu Group, to deploy over 1,000 Gen 7 Robotaxis in Shenzhen. The collaboration adopts an 'asset-light + AI-empowered model' where Xihu Group will manage fleet operations and assets while Pony.ai focuses on AI technology and dispatch services. The partnership combines Xihu's decades of fleet management experience with Pony.ai's autonomous driving technology. As the first company authorized for paid fully-driverless robotaxis in Shenzhen's city centers, Pony.ai aims to expand its autonomous mobility services through this partnership, demonstrating its capability to navigate complex urban environments.