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Pony.ai Begins Testing Futuristic Robotaxis In China, Mass Rollout Could Be Next - Pony AI (NASDAQ:PONY)
Pony AI Inc PONY announced on Friday that it is ramping up its Robotaxi mass production and commercialization efforts by launching public road testing for its seventh-generation Robotaxis in China. The vehicles tested on roads in the southern Chinese megacities of Guangzhou and Shenzhen are based on Guangzhou Auto(GAC)'s second-generation Aion V model and are equipped with Pony.ai's advanced autonomous driving system. The autonomous driving technology company recently obtained a regulatory permit to conduct these road tests for its seventh-generation Robotaxi, which was jointly developed with GAC. Also Read: Pony.ai, Xihu Group To Deploy Over 1,000 Robotaxis In Shenzhen At the Shanghai Auto Show, Pony.ai debuted its Gen-7 autonomous driving system in April. To support widespread adoption, Pony.ai has established deep commercial partnerships with global leaders in technology, mobility services, and deployment platforms, including Tencent Holding TCEHY Tencent Cloud, Alibaba Group Holding BABA Alipay and Amap. Pony AI's first-quarter sales grew 11.6% to $13.98 million (101.6 million Chinese yuan), mainly driven by rapid growth in Robotaxi services revenues. The analyst consensus estimate for sales was 90.11 million Chinese yuan. Robotaxi services revenue climbed 200.3% to $1.7 million in the quarter, primarily attributable to expanding its public-facing fare-charging operations in Tier-one cities in China and refined operational strategies for diverse user groups. Also this week, Tesla Inc TSLA filed a fresh trademark application for the wordmark "Tesla Robotaxi" with the U.S. Patent and Trademark Office (USPTO) after the agency previously rejected its application. The EV giant is gearing up to launch its Robotaxi services in Austin on June 12. Tesla CEO Elon Musk previously stated that the launch would initially involve over 10-20 Model Ys. Price Action: PONY shares are trading higher by 1.9% to $13.74 at last check Friday. Read Next: Blink Charging Appoints New CFO To Help Steer Turnaround Photo: Shutterstock PONYPony AI Inc$13.923.26%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentumNot AvailableGrowthNot AvailableQualityNot AvailableValue7.58Price TrendShortMediumLongOverviewBABAAlibaba Group Holding Ltd$118.44-1.27%TCEHYTencent Holdings Ltd$65.27-0.75%TSLATesla Inc$301.315.83%Market News and Data brought to you by Benzinga APIs
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Pony.ai Accelerates Gen-7 Robotaxi Deployment with Road Testing Launch in China's Guangdong
GUANGZHOU, China, June 6, 2025 /PRNewswire/ -- Pony.ai (NASDAQ:PONY), a global leader in autonomous driving technology, is ramping up its Robotaxi mass production and commercialization efforts with the launch of public road testing for its seventh-generation Robotaxis in China. The vehicles now testing on roads in the southern Chinese megacities of Guangzhou and Shenzhen are based on Guangzhou Auto(GAC)'s second-generation Aion V model and equipped with Pony.ai's most advanced autonomous driving system, unveiled just over a month ago at the Shanghai Auto Show. Pony.ai recently obtained regulatory permit to conduct these road tests for its seventh generation Robotaxi jointly developed with GAC, marking a significant transition from laboratory and closed-track validation into real-world traffic environments. In April, Pony.ai debuted its Gen-7 autonomous driving system at the Shanghai Auto Show. The new system delivers three core advancements: the exclusive use of 100% automotive-grade components, a 70% reduction in BOM costs of the autonomous driving kit compared to previous generation, and enhanced platform-based design enabling rapid adaptation across multiple vehicle models. Equipped with six types of mass-production sensors providing 360-degree, blind-spot-free redundant perception, and incorporating Pony.ai's proprietary sensor cleaning solution, the system effectively handles adverse weather and extreme scenarios. Built upon in-house developed "PonyWorld" model and utilizing reinforcement learning, it achieves safety standards exceeding human capabilities while continuously improving its ability to navigate complex, real-world conditions for full-scenario, all-weather operation. Dr. James Peng, CEO and Co-Founder of Pony.ai, said: "The Aion V with 7th-Gen AD system deployed in these road tests represent a significant milestone in our deep collaboration and ecosystem synergy with GAC. Since launching our strategic alliance in 2018, we have continuously deepened our cooperation across L4 autonomous vehicle R&D, product deployment, and strategic investments." Pony.ai brings substantial experience to this launch, having amassed over 45 million kilometers in global autonomous test mileage. The company has established an operational network spanning more than 2,000 square kilometers across four first-tier cities in China, namely Beijing, Shanghai, Guangzhou, and Shenzhen, encompassing high-complexity scenarios such as high-speed rail stations, airports, and densely populated urban commercial areas. Moreover, the company has validated its technology through over 500,000 hours of fully driverless operation under diverse real-world conditions in the past two years. Targeting 2025 as its "mass production year," Pony.ai is transitioning from technology demonstration to large-scale deployment. Successfully boosting cost-efficiency in its latest Gen-7 system and achieving pre-installed production readiness enables the company to build a fleet exceeding 1,000 vehicles by year-end, unlocking significant economies of scale. To support widespread adoption, Pony.ai has established deep commercial partnerships with global leaders in technology, mobility services, and deployment platforms, including Tencent Cloud, Alipay, Amap, Ruqi Mobility, Shenzhen Xihu Group, global ride-hailing giant Uber, Singapore's mobility conglomerate ComfortDelGro, and Luxembourg's Emile Weber. About Pony.ai 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.
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Pony.ai begins public road testing of its seventh-generation Robotaxis in Guangzhou and Shenzhen, marking a significant step towards mass production and commercialization of autonomous vehicles in China.
Pony.ai, a global leader in autonomous driving technology, has initiated public road testing for its seventh-generation Robotaxis in China. The company announced on Friday that it is ramping up its Robotaxi mass production and commercialization efforts, marking a significant milestone in the development of autonomous vehicles
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.Source: Benzinga
The vehicles being tested on roads in Guangzhou and Shenzhen are based on Guangzhou Auto (GAC)'s second-generation Aion V model and are equipped with Pony.ai's most advanced autonomous driving system. This system, unveiled at the Shanghai Auto Show in April, boasts several key advancements
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:The Gen-7 system is equipped with six types of mass-production sensors, providing 360-degree, blind-spot-free redundant perception. It also incorporates Pony.ai's proprietary sensor cleaning solution, enabling effective handling of adverse weather and extreme scenarios.
Pony.ai recently obtained regulatory permits to conduct these road tests for its seventh-generation Robotaxi, which was jointly developed with GAC. This marks a significant transition from laboratory and closed-track validation into real-world traffic environments
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.The company has established an operational network spanning more than 2,000 square kilometers across four first-tier cities in China: Beijing, Shanghai, Guangzhou, and Shenzhen. This network encompasses high-complexity scenarios such as high-speed rail stations, airports, and densely populated urban commercial areas.
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Targeting 2025 as its "mass production year," Pony.ai aims to transition from technology demonstration to large-scale deployment. The company plans to build a fleet exceeding 1,000 vehicles by year-end, unlocking significant economies of scale
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.To support widespread adoption, Pony.ai has established deep commercial partnerships with global leaders in technology, mobility services, and deployment platforms. These partnerships include collaborations with Tencent Cloud, Alipay, Amap, Ruqi Mobility, Shenzhen Xihu Group, Uber, Singapore's ComfortDelGro, and Luxembourg's Emile Weber
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.Pony.ai's first-quarter sales grew 11.6% to $13.98 million, primarily driven by rapid growth in Robotaxi services revenues. The company's Robotaxi services revenue climbed 200.3% to $1.7 million in the quarter, attributed to expanding its public-facing fare-charging operations in Tier-one cities in China and refined operational strategies for diverse user groups
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.As Pony.ai continues to make strides in the autonomous vehicle industry, other companies are also making moves in the Robotaxi space. Tesla, for instance, has filed a fresh trademark application for the wordmark "Tesla Robotaxi" with the U.S. Patent and Trademark Office (USPTO) and is gearing up to launch its Robotaxi services in Austin on June 12
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