Pony AI Inc. Stock Price, News & Analysis

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.

Pony.ai (NASDAQ: PONY) has signed a Memorandum of Understanding with Dubai's Roads and Transport Authority (RTA) to deploy its robotaxi fleet in Dubai. The partnership aligns with Dubai's 2030 Smart City Vision of transitioning 25% of transportation to autonomous mode by 2030. Initial supervised trials will begin in 2025, with fully driverless operations starting in 2026.

The company plans to launch its seventh-generation robotaxis in the second half of 2025, featuring a 70% BOM cost reduction while meeting automotive-grade standards. Pony.ai aims to expand its global robotaxi fleet to thousands of vehicles within 2 years, collaborating with Toyota, GAC Motor, and BAIC Motor for production. The company currently operates around 300 robotaxi vehicles in China and holds testing permits in the US, China, South Korea, and Luxembourg.

Pony AI (NASDAQ: PONY) reported its Q1 2025 unaudited financial results, showing strong growth in its autonomous mobility business. Total revenues reached $14.0 million, up 11.6% YoY, driven by a 200% increase in Robotaxi services with fare-charging revenues surging 800%. The company unveiled its seventh-generation autonomous driving system (Gen 7), achieving a 70% reduction in BOM costs. Despite revenue growth, the company reported increased losses with net loss at $37.4 million due to investments in Gen 7 production and one-time IPO-related expenses. Pony AI expanded its commercialized footprint to over 2,000 square kilometers across major Chinese cities and secured strategic partnerships with Uber and Tencent. The company aims to expand its fleet to 1,000 vehicles by year-end and begin Gen 7 mass production from mid-2025.

Pony AI Inc. (NASDAQ: PONY) announced voluntary extended lock-up agreements by its co-founders Dr. Jun Peng (Chairman, CEO) and Dr. Tiancheng Lou (CTO). The extended lock-ups will cover approximately 22.9% of total outstanding ordinary shares, including 110,828 Class A and 81,088,770 Class B ordinary shares. The lock-up period extends for 540 days starting from May 25, 2025, following the expiration of the company's IPO lock-up period.

The move demonstrates the co-founders' confidence in Pony.ai's vision and growth strategy, particularly during the crucial phase of scaling up Robotaxi production and deployment. The commitment aims to reinforce long-term shareholder confidence and support sustainable value creation.

Pony AI Inc. (PONY) and Uber (UBER) have announced a strategic partnership to integrate Pony.ai's Robotaxis into the Uber platform. The collaboration will initially launch in a key Middle Eastern market in 2025, with plans for international expansion. During the pilot phase, autonomous vehicles will operate with safety operators before transitioning to fully autonomous commercial service.

The partnership leverages Pony.ai's seventh-generation autonomous driving system, designed for scalable and cost-effective mass production of Robotaxis. Through this alliance, riders using the Uber app may be offered the option to have their trips fulfilled by a Pony.ai autonomous vehicle, marking a significant step in both companies' efforts to commercialize autonomous mobility services globally.

Pony AI Inc. (NASDAQ: PONY) and Uber (NYSE: UBER) have announced a strategic partnership to integrate Pony.ai's Robotaxis into Uber's ride-hailing platform. The initial deployment will begin in a key Middle Eastern market in 2025, with plans for international expansion. During the pilot phase, safety operators will be present in the autonomous vehicles.

The partnership leverages Pony.ai's seventh-generation autonomous driving system, designed for scalable and cost-effective mass production of Robotaxis. This collaboration aims to accelerate the commercialization of autonomous mobility services by combining Pony.ai's autonomous technology with Uber's extensive ride-hailing platform.