PONY AI Inc. Begins Mass Production and Road Testing of Multiple Gen-7 Robotaxi Models
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.
For investor and media inquiries, please contact:
Pony.aiInvestor RelationsEmail: ir@pony.aiMedia RelationsEmail: media@pony.ai
Christensen AdvisoryEmail: pony@christensencomms.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fast Company
an hour ago
- Fast Company
Polymarket is making a big bet on pop culture
Polymarket, a cryptocurrency-based 'prediction market' best known as a platform for betting on elections, sports, and geopolitical events, is on a winning streak. Earlier this month, the Department of Justice and Commodity Futures Trading Commission dropped investigations into whether Polymarket was allowing U.S. traders access to the platform despite lacking a proper license. This week, the platform announced that it will acquire QCX, a CFTC-licensed derivatives exchange, giving it fully legal access to the U.S. market. Meanwhile, Polymarket has increasingly become a venue for betting on an array of cultural and even meme-level current events—such as who will be the next editor of Vogue or whether the 'Coldplaygate' canoodlers will each get a divorce. In the process, Polymarket has ended up surprisingly well positioned to become a pop culture brand itself. There are similar prediction-market competitors, notably Kalshi (where you can also bet on possible Coldplaygate aftereffects), but Polymarket has increasingly become a shorthand fixture for the category, often cited by other media. The platform 'has become synonymous with understanding the probability of current events,' Polymarket founder Shayne Coplan claimed in a statement announcing the QCX acquisition, adding that increasingly mainstream audiences are using Polymarket 'to trade their opinions.' The statement noted that its users have bet some $6 billion on the platform so far in 2025. Founded in 2020, Polymarket uses blockchain technology that enables users to buy and sell 'shares' in possible outcomes of various events. But aside from actual bettor participation, Polymarket and other prediction markets have attracted attention as de facto gauges of probability, applicable to just about any future event, with commentators like popular economics blogger Tyler Cowen regularly dropping references to interesting Polymarket data points. In particular, the platform has attracted attention as a predictor of election results. (Polling guru and gambling expert Nate Silver has been an adviser to Polymarket since 2024.) Today there's an ever-shifting array of events to bet on, whose probability, according to those bets, is neatly quantified as an expression of market sentiment. An Israel-Hamas ceasefire before August? Polymarket says there's a 35% chance. Will Tesla launch a fully driverless, open-to-the-public Robotaxi service before August? The chance is 3%, according to Polymarket. How many times will Elon Musk tweet next week? What will be the highest-grossing movie of 2025? Will the existence of aliens be confirmed this year? (There's a 6% chance—the same odds as Trump getting the 2025 Nobel Peace Prize.) New bets are introduced regularly by Polymarket, with suggestions and input from its users. Myriad regulations and laws govern gambling, as well as trading what are essentially options contracts, and until recently, Polymarket's regulatory standing has been murky. In 2022, it agreed to pay a $1.4 million penalty and restrict access to U.S. users. Many bettors in the U.S. seem to have found work-arounds, leading to the renewed scrutiny, but that appears to have been resolved. The next regulatory (and competitive) challenges may focus on sports betting, still heavily restricted in many states. (Rival Kalshi has recently partnered with popular trading app Robinhood on sports-prediction products.) Even so, the rise of Polymarket and its rivals speaks to how culturally accepted gambling has become. Strictly restricted and borderline taboo a decade or two ago, betting is now baked into sports discourse. And it's against that societal backdrop that Polymarket has in effect leaned into the role of marketizing watercooler topics. Its Coldplay-couple market involves a parlay—a gambling term for a multipart bet: For a bettor to win, both of the canoodlers (or their spouses) must announce their intention to divorce by the end of August. Polymarket currently pegs the chances of this happening at 16%. The platform's brand stance is notably more highfalutin, positioning prediction markets as 'more accurate than pundits' by gathering collective knowledge and perspectives into 'a single value that represents the market's view of an event's odds,' as a company statement puts it. 'Markets seek truth.' That said, prediction markets can miss their target—Polymarket gave Robert Francis Prevost only a 1% chance of becoming the new pope. But of course, that's an attraction for bettors: As with any form of gambling, the real money is in outsmarting the wisdom of the crowd. Polymarket is betting that this is part of the appeal that will bring prediction markets into the mainstream, and part of the cultural conversation on just about any topic. And lately, its odds are looking better than ever.
Yahoo
2 hours ago
- Yahoo
Tesla's (TSLA) Robotaxi Vision Could Drive Scalable Revenue, Says Analyst
Tesla, Inc. (NASDAQ:) is one of the . On July 21, Cantor Fitzgerald analyst Andres Sheppard reiterated an 'Overweight' rating on the stock with a $355.00 price target. The firm is positive on the stock, particularly owing to its potential in the autonomous vehicle market. 'Overall, we continue see Tesla's Robotaxi segment as a software-as-a-service, high-margin model, and we expect TSLA to have the ability to rapidly scale following commercialization. We continue to believe that TSLA will capture a significant share of the autonomous driving and ride-sharing industries.' Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Pony.ai Kicks Off 24/7 Robotaxi Operation in Major Chinese Cities
GUANGZHOU, China, July 25, 2025 /PRNewswire/ -- (NASDAQ: PONY), a global leader in autonomous driving technology, today starts around-the-clock Robotaxi operation in the Chinese megacities of Guangzhou and Shenzhen, two of southern China's dynamic economic engines. This move marks a major step forward in the company's China development, expanding its Robotaxi operation window from 15 hours a day to full 24/7 availability. In the meantime, also extended its Robotaxi testing window in the Chinese capital city of Beijing to 24 hours daily. The initiative builds on extensive operational foundation, with over 50 million kilometers of global autonomous testing. These efforts cover a wide range of traffic and lighting conditions — from midday congestion to late-night driving — providing robust validation of system performance under real-world scenarios. The company's proprietary autonomous driving system — its "virtual driver" — has logged more than 500,000 hours of driverless operation. According to internal metrics, the system has achieved a safety record up to ten times safer than that of human drivers. This continuous validation has sharpened the system's ability to respond to complex road environments and changing weather conditions. At the heart of sensing and perception capabilities is a multi-sensor fusion architecture that integrates high-performance 128-beam LiDAR, 8-megapixel cameras, and 4D imaging millimeter-wave radar. Together, these components deliver real-time, 360-degree perception — even in low-light or nighttime settings. Unlike vision-only systems that rely heavily on ambient light, use of active sensing technologies such as LiDAR and radar adds critical redundancy. This enables the detection of low-contrast objects like pedestrians in dark clothing, reduces the impact of headlight glare, and supports safe navigation on poorly lit or unlit roads. This level of capability is made possible by the company's advanced autonomous driving software stack, built on its "PonyWorld foundation model and virtual driver" architecture. Deployed in its seventh-generation Robotaxi fleet, the system enables stable, high-precision detection of road features, signage, vehicles, and pedestrians — from nearby blind spots to distances of up to 650 meters. To ensure reliability in harsh conditions, the vehicles are also equipped with a proprietary sensor self-cleaning system that mitigates the impact of rain, fog, dusts and road debris. As continues to scale its seventh-generation Robotaxi fleet across Beijing, Shanghai, Guangzhou, and Shenzhen, the company is positioning its always-on trials to help reshape urban transportation. The 24/7 operation initiative underscores commitment to accelerating the commercial viability of Robotaxi services — improving late-night mobility while setting new standards in safety and availability. As cities grow quieter after dark, late-night commuters may find a new kind of travel companion: a safe, reliable Robotaxi — always on, always ready. View original content: SOURCE Sign in to access your portfolio
