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[1]
Pony AI Inc. Becomes First to Offer Robotaxi Operations Connecting Guangzhou's City Center to Key Transportation Hubs - Pony AI (NASDAQ:PONY)
GUANGZHOU, China, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. ("Pony.ai" or the "Company") PONY, a global leader in achieving large-scale commercialization of autonomous mobility, today announced the launch of paid robotaxi services from multiple locations in Guangzhou's city center to Guangzhou Baiyun International Airport and Guangzhou South Railway Station. Pony.ai is the first and only company approved to provide robotaxi services on these high-demand routes. The commencement of Pony.ai's robotaxi services is set to benefit residents and tourists alike with a convenient, efficient and autonomous travel option. Riders can easily book a Pony.ai vehicle using the PonyPilot App, with fares aligned with standard Guangzhou taxi rates. This expansion marks a significant step in integrating autonomous driving with the bustling urban environment of Guangzhou, showcasing the Company's technological prowess in complex and dynamic city centers. "Our latest expansion in Guangzhou marks another major step in making autonomous mobility a part of everyday life," said Dr. James Peng, co-founder and CEO of Pony.ai. "By offering autonomous rides from the heart of the city to key transit hubs, we're providing practical, real-world services which meet the needs of travellers and city residents alike, solidifying Pony.ai's status as a global leader in the large-scale commercialization of autonomous mobility." Guangzhou Baiyun International Airport and Guangzhou South Railway Station are among the busiest transportation hubs in China. Guangzhou Baiyun International Airport has led the nation in passenger volume for four consecutive years since 2020, while Guangzhou South Railway Station recorded more than 170 million passengers in 2024, making it the country's most frequented high-speed rail hub. Pony.ai has already introduced paid robotaxi rides to and from Beijing Daxing International Airport and to and from Beijing South Railway Station. The simultaneous expansion in Guangzhou's city center and its key transit hubs represents another milestone in the Company's commercialization of autonomous mobility. About Pony AI Inc. Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates Pony.ai's proprietary software, hardware, and services, Pony.ai is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, Pony.ai has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. For more information, please visit: http://ir.pony.ai. This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Pony.ai's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Pony.ai's filings with the SEC. All information provided in this press release is as of the date of this press release, and Pony.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Pony.ai Investor Relations Email: ir@pony.ai Media Relations Email: media@pony.ai Christensen Advisory Email: pony@christensencomms.com PONYPony AI Inc$18.785.03%OverviewMarket News and Data brought to you by Benzinga APIs
[2]
Pony AI Inc. Becomes First to Offer Robotaxi Operations Connecting Guangzhou's City Center to Key Transportation Hubs
GUANGZHOU, China, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. ("Pony.ai" or the "Company") (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced the launch of paid robotaxi services from multiple locations in Guangzhou's city center to Guangzhou Baiyun International Airport and Guangzhou South Railway Station. Pony.ai is the first and only company approved to provide robotaxi services on these high-demand routes. The commencement of Pony.ai's robotaxi services is set to benefit residents and tourists alike with a convenient, efficient and autonomous travel option. Riders can easily book a Pony.ai vehicle using the PonyPilot App, with fares aligned with standard Guangzhou taxi rates. This expansion marks a significant step in integrating autonomous driving with the bustling urban environment of Guangzhou, showcasing the Company's technological prowess in complex and dynamic city centers. "Our latest expansion in Guangzhou marks another major step in making autonomous mobility a part of everyday life," said Dr. James Peng, co-founder and CEO of Pony.ai. "By offering autonomous rides from the heart of the city to key transit hubs, we're providing practical, real-world services which meet the needs of travellers and city residents alike, solidifying Pony.ai's status as a global leader in the large-scale commercialization of autonomous mobility." Guangzhou Baiyun International Airport and Guangzhou South Railway Station are among the busiest transportation hubs in China. Guangzhou Baiyun International Airport has led the nation in passenger volume for four consecutive years since 2020, while Guangzhou South Railway Station recorded more than 170 million passengers in 2024, making it the country's most frequented high-speed rail hub. Pony.ai has already introduced paid robotaxi rides to and from Beijing Daxing International Airport and to and from Beijing South Railway Station. The simultaneous expansion in Guangzhou's city center and its key transit hubs represents another milestone in the Company's commercialization of autonomous mobility. About Pony AI Inc. Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates Pony.ai's proprietary software, hardware, and services, Pony.ai is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, Pony.ai has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. For more information, please visit: http://ir.pony.ai. Safe Harbor Statement This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Pony.ai's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Pony.ai's filings with the SEC. All information provided in this press release is as of the date of this press release, and Pony.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
[3]
Pony AI's Robotaxis Hit Guangzhou's High-Demand Routes: Details - Pony AI (NASDAQ:PONY)
Pony AI Inc. PONY shares are trading higher premarket on Friday after the company launched paid robotaxi services connecting Guangzhou's city center with Baiyun International Airport and South Railway Station. The company said it is the first and only approved to operate on these high-demand routes. Pony.ai's robotaxi service offers residents and tourists a seamless, autonomous travel option. Riders can book via the PonyPilot App, with fares matching standard Guangzhou taxi rates. James Peng, co-founder and CEO of Pony.ai said, "By offering autonomous rides from the heart of the city to key transit hubs, we're providing practical, real-world services which meet the needs of travellers and city residents alike, solidifying Pony.ai'stus as a global leader in the large-scale commercialization of autonomous mobility." Notably, Pony.ai has already launched paid robotaxi services at Beijing Daxing International Airport and Beijing South Railway Station. Expanding in Guangzhou's city center and major transit points marks another key step in its autonomous mobility commercialization. Last month, Pony.ai become the first company in China to secure approval for robotruck platooning tests on cross-provincial highways linking Beijing, Tianjin, and Hebei. Also, in January, Pony.ai disclosed plans to introduce driverless transportation services at Hong Kong International Airport (HKIA), one of the world's busiest airports. The company aims to expand its robotaxi services into urban Hong Kong over time. Price Action: PONY shares are up 4.47% at $18.68 premarket at the last check Friday. Read Next: Black Sesame emerges as dark horse in driving technology race Photo via Shutterstock. PONYPony AI Inc$18.684.47%Overview This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs
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Pony.ai becomes the first company to offer paid robotaxi services from Guangzhou's city center to Baiyun International Airport and South Railway Station, marking a significant milestone in the commercialization of autonomous mobility.
Pony AI Inc. (NASDAQ: PONY), a global leader in autonomous mobility, has achieved a significant milestone by launching the first-ever paid robotaxi service connecting Guangzhou's city center to key transportation hubs. This groundbreaking initiative, announced on February 21, 2025, allows passengers to travel autonomously to Guangzhou Baiyun International Airport and Guangzhou South Railway Station 1.
The new service offers a convenient and efficient travel option for both residents and tourists. Passengers can easily book a Pony.ai vehicle using the PonyPilot App, with fares set to match standard Guangzhou taxi rates. This expansion demonstrates the company's ability to integrate autonomous driving technology into complex urban environments, showcasing their technological prowess in navigating dynamic city centers 2.
The chosen routes are of significant importance, connecting the city to two of China's busiest transportation hubs. Guangzhou Baiyun International Airport has led the nation in passenger volume for four consecutive years since 2020. Meanwhile, Guangzhou South Railway Station recorded more than 170 million passengers in 2024, making it the country's most frequented high-speed rail hub 1.
This launch in Guangzhou follows Pony.ai's successful introduction of paid robotaxi services to and from Beijing Daxing International Airport and Beijing South Railway Station. The simultaneous expansion in Guangzhou's city center and its key transit hubs represents another milestone in the company's commercialization of autonomous mobility 2.
Pony.ai leverages its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving system that integrates the company's proprietary software, hardware, and services. This approach enables Pony.ai to develop a commercially viable and sustainable business model for mass production and deployment of autonomous vehicles across various transportation use cases 1.
In addition to the Guangzhou launch, Pony.ai has been making strides in other areas of autonomous transportation. The company recently became the first in China to secure approval for robotruck platooning tests on cross-provincial highways linking Beijing, Tianjin, and Hebei. Furthermore, Pony.ai has disclosed plans to introduce driverless transportation services at Hong Kong International Airport (HKIA), with aims to expand its robotaxi services into urban Hong Kong over time 3.
The announcement of the Guangzhou robotaxi service has been well-received by investors, with Pony AI Inc. shares trading higher in the premarket. This positive market response reflects the growing confidence in the company's ability to commercialize autonomous mobility solutions and expand its operations in key markets 3.
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Pony.ai receives approval to operate fully driverless commercial robotaxis in Shenzhen's Nanshan District, expanding its network and accelerating the adoption of autonomous mobility in China's urban centers.
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10 Sources
Pony.ai announces plans to launch robotaxi services at Hong Kong International Airport, with future expansion into urban areas, joining competitor Baidu in the race for autonomous driving services in the city.
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3 Sources
Pony AI secures China's first robotruck platooning test approval and expands its robotaxi operations, positioning itself as a leader in autonomous driving technology with significant growth potential.
2 Sources
2 Sources
Pony AI, a Chinese autonomous driving technology company, raised $413.4 million in its initial public offering on Nasdaq, but saw its shares close below the initial listing price on the first day of trading.
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11 Sources
Chinese autonomous driving startup Pony AI is preparing for a US IPO, seeking a valuation of up to $4.48 billion. The company's move reflects the growing competition and investor interest in the self-driving technology sector, despite geopolitical tensions.
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5 Sources
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