Pony.ai Accelerates Autonomous Vehicle Deployment with Gen-7 Robotaxis and Dubai Partnership

Pony.ai To Deploy Robotaxis In Dubai, Trials Begin Late 2025 - Pony AI (NASDAQ:PONY)

Pony AI PONY and Dubai's Roads and Transport Authority (RTA) announced on Monday that they recently held a robotaxi unveiling ceremony in Dubai, formalizing their partnership to advance L4 autonomous mobility solutions. Under the agreement, the collaboration will deploy Pony AI's autonomous driving technology through a multi-phase rollout. Initial supervised robotaxi trials will begin in late 2025, paving the way for the launch of fully driverless service later in the decade. Also Read: Pony.ai Rides High After Nasdaq Golden Dragon China Index Inclusion The strengthened alliance focuses on enhancing urban mobility efficiency, reducing traffic congestion, and establishing sustainable transportation models aligned with Dubai's vision to transform the city's urban travel landscape through autonomous mobility. Pony AI has been actively expanding its global footprint, having already secured robotaxi operational permits in key markets including the U.S., China, South Korea, and Luxembourg. Pony AI's Recent Challenges And Strategic Moves Pony.ai's stock has seen a decline of over 15% year-to-date. The company has navigated challenges related to autonomous vehicle development, regulatory complexities, and geopolitical tensions between the U.S. and China, which have influenced investor sentiment regarding Chinese firms listed on U.S. exchanges. Pony.ai has confidentially filed for a Hong Kong IPO in a strategic move. This filing is intended to secure additional funding for expanding its autonomous mobility business, while seeking to minimize disruptions to its U.S.-listed stock. Pony.ai initially went public on Nasdaq on November 27, 2024, raising approximately $413 million in its U.S. IPO. This potential Hong Kong listing aligns with the company's increased focus on commercialization. Pony.ai aims to launch robotaxi services by mid-2025 and projects deploying 700 vehicles by year-end. The company also reports a 70% reduction in development costs, suggesting improved efficiency in its latest autonomous systems. Executives anticipate reaching single-unit breakeven by the end of 2025, supported by these cost-cutting measures and scaling efforts. Just days before the IPO filing, on May 13, 2025, one of Pony.ai's fully autonomous vehicles caught fire in Beijing. No injuries were reported in the incident. Further expanding its international reach, Pony.ai strategically partnered with Uber Technologies UBER to launch robotaxi operations in the Middle East. Earlier, CTO Lou Tiancheng indicated to The Wall Street Journal that Pony.ai was approaching breakeven as it streamlined its operations. Industry Outlook The broader autonomous vehicle industry continues to evolve rapidly. Bank of America analyst Martyn Briggs recently noted that autonomous vehicles have hit their 'ChatGPT moment,' suggesting a pivotal point of accelerated development and adoption for the technology. Price Action: PONY stock is trading higher by 0.70% to $12.95 premarket at last check Monday. Read Next: Tesla Robotaxi Scaling Growth Will Be Slow In Near Term: Goldman Sachs Image via Shutterstock PONYPony AI Inc$12.950.70%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentumNot AvailableGrowthNot AvailableQualityNot AvailableValue8.46Price TrendShortMediumLongOverviewUBERUber Technologies Inc$93.30-0.35%Market News and Data brought to you by Benzinga APIs

Why Pony AI Stock Is Gaining On Thursday - Pony AI (NASDAQ:PONY)

Pony AI Inc. PONY shares advanced in Thursday's premarket session following a major product development in its autonomous vehicle efforts. The autonomous driving tech firm said its seventh-generation robotaxi platform has officially entered mass production and has started testing on public roads. This marks a pivotal leap in the company's journey to deploy a fleet of 1,000 autonomous vehicles by the end of 2025. Also Read: Pony.ai To Deploy Robotaxis In Dubai, Trials Begin Late 2025 The global robotaxi market, valued at $0.4 billion in 2023, is projected to soar to $45.7 billion by 2030, per a report from Markets And Markets, reflecting surging demand for autonomous mobility. As the market accelerates, Pony AI is well-positioned to capitalize on this growth by scaling its Gen-7 fleet and expanding its global footprint in autonomous mobility solutions. The company began production of the new-gen robotaxis in partnership with Guangzhou Automobile Group and Beijing Automotive Industry Corporation in June and July, respectively. The company first introduced this Gen-7 autonomous system during the April Shanghai Auto Show. Following that, it swiftly moved into producing vehicles that incorporate its full-stack self-driving technology. Road testing is now underway in the Chinese cities of Guangzhou and Shenzhen. This new generation of robotaxis is designed around three standout innovations: it's the first to fully adopt automotive-grade components, slashes hardware costs by 70% compared to the previous version, and offers a modular design for rapid deployment across multiple car models. With manufacturing now active, Pony AI is steering toward a commercially scalable rollout. The use of standardized components not only enhances safety and reliability but also sets the stage for wide adoption, supporting both private and public transport models. Founded in 2016, Pony AI operates across China, East Asia, Europe, and the Middle East. The firm focuses on developing autonomous mobility solutions that are compatible with various vehicle types, using its proprietary Virtual Driver system. This technology integrates software, hardware, and services to enable mass-scale, sustainable deployment of autonomous vehicles. Price Action: PONY shares are trading higher by 1.65% to $12.34 premarket at last check Thursday. Read Next: Uber Is Going To Get 'Eaten Alive By Robotaxis,' Says Ross Gerber As Autonomous Driving Gathers Steam Image via Shutterstock PONYPony AI Inc$12.301.32%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentumN/AGrowthN/AQualityN/AValue8.74Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

PONY AI Inc. Begins Mass Production and Road Testing of Multiple Gen-7 Robotaxi Models

NEW YORK, July 10, 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 that its seventh-generation ("Gen-7") Robotaxi recently entered mass production for multiple models and began road testing. This milestone brings Pony.ai significantly closer to its goal of expanding its fleet to 1,000 vehicles by the end of 2025, laying a strong foundation for future large-scale commercial deployment. After unveiling its Gen-7 autonomous driving system at the Shanghai Auto Show in April, Pony.ai commenced mass production of the Guangzhou Automobile Group ("GAC") and Beijing Automotive Industry Corporation ("BAIC") Gen-7 Robotaxi models in June and July, respectively. The seamless integration of Pony.ai's leading autonomous driving technology into both GAC and BAIC vehicles highlights the strength of these partnerships, while ensuring the highest standards of quality and safety throughout component sourcing, pre-installation, and final assembly. Shortly after mass production, Pony.ai also began road testing in Guangzhou and Shenzhen. These achievements demonstrate the operational synergies, marking a critical transition from laboratory and closed-track validation to real-world traffic environments. The Gen-7 autonomous driving system delivers three major advancements: it is the world's first to utilize 100% automotive-grade components, achieve a 70% reduction in bill-of-materials ("BOM") costs for the autonomous driving kit ("ADK") compared to the previous generation, and feature an enhanced platform-based design that enables rapid adaptation across multiple vehicle models. Marking 2025 as its "year of mass production," the Company is on track to build a fleet of more than 1,000 vehicles by year-end -- paving the way for scalable growth and substantial commercial opportunities. 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: https://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.

PONY AI Inc. and Dubai RTA Co-Reveal Robotaxi Introduction

NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. ("Pony.ai" or the "Company") (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, and Dubai's Roads and Transport Authority (RTA) recently held a robotaxi unveiling ceremony in Dubai, formalizing their partnership to advance L4 autonomous mobility solutions. Through this strategic collaboration, both sides have reaffirmed their commitment to integrating cutting-edge self-driving technology into Dubai's extensive transportation network. The strengthened alliance focuses on enhancing urban mobility efficiency, reducing traffic congestion, and establishing sustainable transportation models aligned with Dubai's vision to transform the city's urban travel landscape through autonomous mobility. Under the agreement, the collaboration will deploy Pony.ai's autonomous driving technology through a multi-phase roll-out. Initial supervised robotaxi trials are set to begin in late 2025, paving the way for the launch of fully driverless service down the road. With extensive robotaxi operational experience, Pony.ai is committed to expanding access to autonomous mobility through partnerships worldwide. The Company has secured robotaxi operational permits in four major markets: the United States, China, South Korea, and Luxembourg. 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: https://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.