Pony.ai Added to Nasdaq Golden Dragon China Index, Shares Surge 16.7%

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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.

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GUANGZHOU, China, June 25, 2025 /PRNewswire/ -- The Nasdaq Golden Dragon China Index recently announced its latest component adjustment. Pony.ai (NASDAQ:PONY) has been added to the index, effective June 23. This inclusion makes Pony.ai the only company dedicated to autonomous driving in the benchmark index, which is widely tracked by global investors.

Based on the latest update, the index comprises 73 constituents, selected based on market capitalization and liquidity criteria. It spans diverse sectors, with significant weightings in technology (e.g., Alibaba, NetEase), consumer services (e.g., JD.com, Atour Lifestyle), and electric vehicles (e.g., NIO, XPeng), among others.

The Nasdaq Golden Dragon China Index is a key benchmark tracking the performance of Chinese companies listed on major U.S. stock exchanges, including Nasdaq and the New York Stock Exchange. Launched in 2003, the index serves as a critical gauge for global investors seeking exposure to China's dynamic economy through U.S.-listed equities.

Pony.ai CFO Leo Wang stated: "Being included in the Nasdaq Golden Dragon China Index marks a milestone for Pony.ai as a newly listed company. Following our successful Nasdaq listing in November 2024, this inclusion is expected to attract greater attention from a broader investor base and offer global investors a more accessible avenue to participate in Pony.ai's growth. This increased visibility supports our efforts to further advance our commercialization to enable autonomous mobility worldwide."

Founded in 2016, Pony.ai is committed to autonomous driving technology development and commercialization. The company currently operates a Robotaxi fleet of approximately 300 vehicles across four major Chinese cities: Beijing, Shanghai, Guangzhou, and Shenzhen. This fleet handles various traffic scenarios, including densely populated urban environments and highways, even under adverse weather conditions.

The company unveiled its 7th generation autonomous driving system in April, which is the world's first autonomous driving kit to use 100% automotive-grade components, slashing its BOM costs by 70%. In the second half of 2025, Pony.ai aims to start mass production and deployment of its gen-7 robotaxis, jointly developed with Toyota, GAC, and BAIC, increasing its fleet to 1,000 units by the end of 2025.

Shares of Pony.ai rose 16.7% to $13.3 on June 24. The Nasdaq Golden Dragon China Index rose 3.3%, its biggest jump in over a month.

View original content:https://www.prnewswire.com/news-releases/ponyai-added-to-nasdaq-golden-dragon-china-index-shares-surge-16-7-302490744.html

SOURCE Pony.ai

FAQ

What happened to Pony.ai (PONY) stock after joining the Nasdaq Golden Dragon China Index?

Pony.ai stock surged 16.7% to $13.3 on June 24, 2025, following its addition to the index, while the index itself rose 3.3%.

How many robotaxis does Pony.ai currently operate and where?

Pony.ai operates a fleet of 300 robotaxis across four major Chinese cities: Beijing, Shanghai, Guangzhou, and Shenzhen.

What are Pony.ai's expansion plans for 2025?

Pony.ai plans to start mass production of its gen-7 robotaxis in H2 2025 and aims to expand its fleet to 1,000 units by the end of 2025 through partnerships with Toyota, GAC, and BAIC.

What improvements does Pony.ai's 7th generation autonomous driving system offer?

The 7th generation system is the world's first to use 100% automotive-grade components, resulting in a 70% reduction in BOM costs.

When did Pony.ai go public on Nasdaq?

Pony.ai completed its Nasdaq listing in November 2024.