Pony.ai (PONY) Expands to Middle East with Dubai RTA Robotaxi Deal
May 27 - Pony.ai (NASDAQ:PONY) has struck a deal with Dubai's Roads and Transport Authority to roll out an autonomous robotaxi service, advancing the emirate's aim to make 25 percent of its transport self-driving by 2030.
Warning! GuruFocus has detected 1 Warning Sign with PONY.
The initial phase will feature supervised trials in 2025, before shifting to fully driverless operations in 2026.
At Auto Shanghai 2025, Pony.ai unveiled its seventh-generation robotaxi, a purpose-built autonomous vehicle with a roughly 70 percent reduction in bill-of-materials cost, yet compliant with automotive-grade safety standards. The company plans mass production through partnerships with Toyota (NYSE:TM), GAC Motor and BAIC Motor, with wider deployment expected later this year following its Shanghai debut in April.
Today, Pony.ai operates about 300 robotaxis across China and holds testing permits in the U.S., China, South Korea and Luxembourg.
The Dubai agreement extends Pony.ai's global footprint and marks a key step in its Middle East expansion. It also underlines the firm's strategy to scale its autonomous-mobility platform into new markets, where demand for self-driving transport is likely to grow.
This article first appeared on GuruFocus.
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